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 > 50% Fibonacci retracement is C$11.00

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Post by cleareyeon Nov 20, 2021 5:44pm

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Post# 34149849

50% Fibonacci retracement is C$11.00

Over the last few years I have been following Fibonacci Retracement numbers. I wouls say that fundamentals of a company and underlying commodity prices are MUCH MORE IMPORTANT, but the " market" seems to follow Fibonacci Retracements, filling of gaps, double bottoms, channels, etc. So be it; I pay attention.

The 50% Fib Ret number is C$11.00

I might wait and see if we bounce off that number.

Brian.

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