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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 GregC24on Mar 04, 2022 6:22pm
219 Views
Post# 34485378

RE:RE:RE:As I said before, inventory is an big problem with VET.

RE:RE:RE:As I said before, inventory is an big problem with VET.

EnergyWatcher55 wrote: Funny, you seem to be new to VET. If its solvable, then get VET to hire you and solve it! Pretty sure Eric Nuttal knows what he tallking about. Any you are? Good luck.


If you think he is new you definitely are new.   And it is solvable.  You make deals like VET did with Coribb.   Eric's point is that a company like MEG doesn't need to do that as they have a long life of reserves.   So while one company is going to need to spend there ample free cash flow to acquire more reserves the other does not.   But it's not fatal.  Not at a time when cash is flowing and stocks/reserves are undervalued due to ESG campaigns.   It's a pretty good time to be looking to grow which VET acknowledges they are.  

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