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 queseaon Nov 18, 2021 8:21pm

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Post# 34143529

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

I usually try to explain Hedging from a Farmers point of view !!

If somebody "guaranteed a farmer %20 more" for his Harvest in March than his price from last year many farmers would say "Yes" and thus guarantee it will be (future) a profitable season. :Regardless of what the season ending price becomes.

Somebody doesn't have to be a "speculator", perhaps they're the Elevator, trucking, railway or Bakers (think Sobeys) and they want to guarantee their prices & budget for the next year.
kc

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