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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Comment by Divyproon Aug 16, 2021 11:20am
144 Views
Post# 33709936

RE:RE:RE:RE:VETs MO I believe is to rape the company

RE:RE:RE:RE:VETs MO I believe is to rape the company

Hedging is usually a losing game as they are pre-selling future production so buyers alway pay less than what future prices are expected to be otherwise why take the risk.


The industry sucks at forecasting future oil and gas prices. When prices rise more than they expected they look dumb but if prices fall they look like heroes but nobody cares because low commodity prices always depress the stock.

Management always uses the argument that they hedge to protect the balance sheet but if they didn't use so much debt they wouldn't have to do that.

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