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.

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Vermilion Energy Inc > How did they lose all their money?

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Comment by geemoneton Aug 16, 2021 10:52am

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Post# 33709720

RE:RE:RE:How did they lose all their money?

I understand how hedging will diminish profits when prices go up... but they blew ALL the FCF on derivatives.... like... did someone hit the wrong button on a keyboard when executing a trade or something? Makes no sense thay they can have almost 100 million in fcf and the debt goes up... like... what the hell?

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From now on, dynaCERT instead of Bitcoin or NVIDIA?