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 > Now back to VET

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Comment by LiLy2021on Nov 15, 2021 3:06pm

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Post# 34128603

RE:RE:RE:Now back to VET

SchoolNmoe42 wrote: oil prices plunging....maybe you are looking at the wrong screen??...hit refresh...

Light Crude Oil (CL1:COM)

80.99 0.20 (0.25%)

you sure, that you aren't bubba??

I was talking about last year when oil prices were plunging and management continued paying out a generous dividend. They racked up so much debt as a result of this management. It's like drawing from your credit to go shopping while being handed a pink slip.

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