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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

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

Post by Oldnaggeron Nov 29, 2021 4:42pm
260 Views
Post# 34177450

Stigma

Stigma It seems there is now a stigma on large cap or national companies against acquiring further petroleum investments. So ,for those who need to divest, the buyers are much rarer. This has left the doors wide open for smaller operators such as VET to acquire assets (particularly neighbouring assets ),at magnificent prices. Screw the dividend snack . I'm starving !!
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