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 > PULL back as expected

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Comment by Moemoney42on Oct 06, 2021 9:50am

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Post# 33972986

RE:RE:PULL back as expected

Yes this pull back was quite evident.. futures started dropping when NZ stated they are increasing their interest rate to .5% which seemed to send a shiver through the markets.. add in Evergrande fiasco news and the fact that crude rallied a little too hard lately, gives new shorts an opportunity to pile on.. hopefully its short lived.. no pun intended.. LOL..

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