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

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Post by EnergyWatcher55on Aug 17, 2021 1:19pm

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Post# 33717555

VET down b/c hedging. So we need nat gas down? Nonsensical.

Seems to be a lot of retail investors who got cold feet and are selling. The main brokerage firms have been re-iterating their stock forecast for VET to be in the double digits. Total debt for VET is coming down substantially. If hedge costs are going up that means revenues for VET is going up. Thats a good things. VET also has a lot of UNHEDGED positions ffor oil and nat gas especially in 2022.

Good luck to all.

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