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 > Sub $11 on its way

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Comment by CashGreenGoldon Nov 18, 2021 1:40pm

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Post# 34141796

RE:RE:RE:Sub $11 on its way

Maybe but I don't believe this is trading on commodity prices right now.

So a commmodity stock not tracking the commodity prices... hmmmmmmmm...short or long?
hmmmmmm

Quintessential1 wrote: Maybe but I don't believe this is trading on commodity prices right now. Commodity prices were high and VET posted a loss. The market is going to use that to walk the share price down and make some money on the way. Lower highs and lower lows are the sign of swing traders and algos pushing it down to where they can load up for the next swing up before the next ER. They'll swing it up too but not until January at the earliest Your log jam will be gon by then.

This didn't help:

https://ca.finance.yahoo.com/news/vermilion-plans-reinstate-dividend-early-001056849.html

ronster65 wrote: I will have to disagree with you here only becuase what is haooening in BC right now. I will state my case. NO oil being shiped by rail or road and the supply chain already stressed will see it hugely impacted over the next couple months. We are looking at MASSIVE damage to rail and road systems. VET is diversified in its global reach where smaller O&G is soley dependant on oil lines and rail. Food services will be impacted, gas delivery except Nat Gas will be hit and consumables will be heavily impacted. I dunno but I think VET will be just fine here and able to take advantage of this situation? I would love to see some CONSTRUCTIVE comments on this.