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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 Moemoney42on Feb 20, 2022 2:49pm
126 Views
Post# 34446508

RE:RE:RE:RE:RE:RE:RE:Bleeding Hearts

RE:RE:RE:RE:RE:RE:RE:Bleeding Hearts"Incessantly huh?  Name a Prime Minister that lowered the debt level."

Lowering the debt level isn't the issue.. its the increasing that's the problem.. but seeing as how you asked.. there's a number of them.. Quote:


  • Upon completing his term in 2019, Prime Minister Justin Trudeau is projected to be the largest accumulator of federal debt per person (5.6 percent) among prime ministers who did not fight a world war or experience an eco¬nomic downturn during their tenure. Sir Mackenzie Bowell and Sir John Abbott are the only other prime ministers in Canada’s history who have increased federal debt without facing a global conflict or an economic downturn.
To put things in perspective... unfortunenately the image wouldn't cut and paste.. Courtesy of the Frasier Institute..

Figure 3a: Percent Change in (Inflation-Adjusted) Debt per Person over Prime Ministerial Tenures Without a World War or Economic Downturn

Justin Trudeau   -  2015 - 2019 debt per person up 5.6%
Bowell                - 1895  debt per person up 4.7%
Abbot                 - 1891 debt per person up .7%
McDonald          - 1870 - 1872 debt per person down 1.7%
Clark                  - 1979  debt per person down 2.9% 
Pearson             -  1963 - 1967 down 6.7%
Martin                 - 2004 - 2005  down 7.6%
Cretein               - 1994 - 2003  down 13.3%

And that's what you get when you vote in someone who doesn't concern themselves with budgets or have the opinion that "bugets balance themselves"... LMAO..! Seems the accountants have a different view.. LOL.. 

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