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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 CashGreenGoldon Sep 16, 2021 8:17am
119 Views
Post# 33867485

RE:The prize at the bottom of the cracker jacks box

RE:The prize at the bottom of the cracker jacks box

Holy smokes!!
I forgot about their land positon!! 

That alone = the value of their debt!!

...which given the sheer level of inflation IM expecting from the $10.5 trilion printed 2020/2021 so far (with wayyyy more to come), the debt won't be a concernn at all

which brings me to my thesis of overweighting a heavily indebted name like VET.

I truly see this going back to $50 
( I don't know when, but im holding till at least then)

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