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 > Total Debt at 1.75bil

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Comment by Oldnaggeron Aug 16, 2021 7:31pm

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Post# 33714717

RE:RE:RE:RE:RE:Total Debt at 1.75bil

An amazing thing has happened, after posting remarks concerning mark to market, Google sent me an article concerning the subject (without me asking). The subject is complex, but normally a company does not need `to make provisions if they are hedging a product that they produce.
So now I do not really understand why VET is doing this. Could it possibly be that management wants the share price low ? Anyone out there who really undestands the subject??

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