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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 PipelessPauperon Sep 12, 2021 8:43pm
138 Views
Post# 33847029

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$200 Oil ???

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$200 Oil ???I agree with you 100 % there:


A post I made:

I had a post on here recently about JUST this topic. 

Borrowing money to finance these forays is the best thing you can do. Then you can pay back the loan with inflated $$ 
It works for the gov't....it will work for you. 

"I don't know the answer to your question.... but I am trying to hold the EXACT OPPOSITE of what can be easily re-created. 

IF you think about how simple is to create new $$, they just fire up the printing press... Today its digital, so it's even easier. 
That's why housing and land has gone up so much---- it can't easily be re-created. People don't understand the WHY of why real estate is a good inflation hedge...it just IS. But I think this is WHY... 
There is a lag time in housing, as once there is enough material mined/produced... they can build more.... 

But things like GOOD FARMLAND, OIL... they're not making anymore of. When it's gone... it's gone. 

WHICH is why I have ALL OUR WEALTH in GOOD FARMLAND, OIL COMPANIES AND COPPER COMPANIES. 

HERE's the list of stocks we're in: 

O&G EPs (70%
VET 
CVE 
MEG 
CPG 
PEY 
TOU 
ARX 
WCP 
BNE 
CJ 
BTE 
FRU 
CR 

copper (30%): 
southern copper 
FCX 
TECK 
first quantum 
BHP 
RIO Tinto"
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