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 > Batteries (not) included

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Comment by mnztron Aug 21, 2021 11:12am

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Post# 33744871

RE:RE:RE:RE:Batteries (not) included

I agree the energy transition wi take at a min 20 years, and oil will still be useful for a huge range uses

Quintessential1 wrote: Assumptions are always made that this increase in EVs will happen overnight and the infrastructure will be overwhelmed. It won't happen overnight and the infrastructure will expand accordingly in order to accomidate it. The market, like nature, abhors a vacuum.

O&G will also not disappear as many ICE vehicles will still exist and EVs have plenty of petroleum based parts and is required in the manufacturing processes of almost everything.

This very much reminds me of the old cattle wars when ranchers shunned sheep herders and sheep grazing as they thought it would be an end to their lifestyle. It wasn't. I see plenty of peope eating beef and lamb.

Anyway back to VET. Does anyone have an idea of where the bottom is this time around? I like bargains and this is already a pretty good one..

GLTA

Moemoney42 wrote:

mnztr wrote:
How many gasoline cars catch fire. The batteries will not be thrown away, they can be repurposed. Anay I am quite glad to be insulated from the coming gasoline spike.

Yes but if the batteries last only max 8 years (in perfect settings - hope you're not in Canada where it can get to minus 40) get ready for a hefty price to replace them.. provided they are not obsolete.. what about the coming electrical price increases with no competition as the gas companies provide for refills.. oh and don't forget about the brown/black outs that will leave you without options unless of course you spend 10's of thousands of dollars on a solar system, or maybe a 100G for a windmill.. I hope you enjoy your eutopian lifestyle..??