Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

TSX:VET - Post by User

Vermilion Energy Inc > LOL VET earning of .02? NOPE WAY MORE

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Comment by PipelessPauperon Aug 14, 2021 4:34pm

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Post# 33706504

RE:LOL VET earning of .02? NOPE WAY MORE

FYI : $0.02 a share = $3,190,00 profit

Using their $333 mm revenue #, it means they projected expenses @ ~ 330 mm for qtr.

using actual commodity prices revenue is more like $543mm

.... Lol just a little off

lets assume the analysts got the $330 mm expenses right. (Probably not but let’s just assume)

that would mean Q2 profit of $213 mm. Or $1.34 a share.

just a LITTLE off LOLOLOLOLOL

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