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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 Oldnaggeron Jan 15, 2022 11:02am
216 Views
Post# 34320171

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

RE:RE:VET was $20 at the start of 2020Canada has been a land of deception for a very long time. Now we are all paying the price as the valuation of our real assets is marked down . The real value is probably 3 to 5 times higher for VET and for many other Canadian O&G companies. Many instiutional investors recognize this , but are all to happy to yoyo the market while picking up cheap shares. The only defence for retail is buy and hold. To attempt to trade or even to put stop losses on your shares can only serve to play into the manipulators hands. Everyone needs to stop thinking share price and instead start thinking what is my investment really worth. Eventually share price and value will converge, only then should investors consider selling !!
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