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 WinstonSmithon Jan 15, 2022 12:36pm

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Post# 34320337

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

What is important is not the spot price of Brent or European gas... but the forward months futures.. the forward strip. Right now the forward strip is much below the current spot as speculators reckon that these prices can't last. There is also the fear that we could get in for another crash or protracted bear. As the spot remain elevated and fears subside we can expect VET to continue to soar... as greed overwhelms fear and cash flow remains elevated (inflated?)

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