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 > VET was $20 at the start of 2020

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Comment by Rational43on Dec 22, 2021 11:47am

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Post# 34254677

RE:RE:VET was $20 at the start of 2020

I wouldn't bet against $30, if oil prices get back to the $80 range and given the increased likelihood of high European NG prices for years.

New NG hedging will be north of $20 per mcf out to end of '23....wait until they announce some new NG drilling on the Continent.

The purchase of additiona WI in Corrib NG was clearly the impetus for the recent relative strength, the market loves an exciting story almost more than undervaluation, and now VET has both.

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