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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

Comment by stockmarket1on Jan 07, 2022 12:47pm
278 Views
Post# 34293539

RE:Now the price of VET is reflecting some reality

RE:Now the price of VET is reflecting some realityOh for sure VET will keep surging higher in 2022/23. I was touting $20 but now $30 a share isn't unrealistic within 24 months time. I thought about profit taking but I'm not so sure now. I plan on holding this for a fews yr anyway. 


Rational43 wrote: Brent and WTI keep rising, VET is very low hedged this year for oil, and European NG will bring massive cash flow for many years to come.  

The cheapest stock of its size in the market, clearly getting the attention of US investors, which will be the key to realizing the $30 price target.  


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