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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 Aug 24, 2022 6:44pm
177 Views
Post# 34918420

RE:I was right to hold on !!!

RE:I was right to hold on !!!Well done! Buying good companies on dips and having very long term plan does work. Energy companies still have plenty of room to run imho. Remember to always have cash at hand for buying more on major dips. Major dips  meaning 15, 20% or more. Vet has had a reputation of doing that when it hits 52 week high. Be on the alert. 


Nick1969 wrote: I first purchased 200 shares at $42 Cdn back in 2017 when I was starting out my investing journey.
I was quite disappointed after it started going down and down..But I kept my shares.
I bought 1500 more at $3.90 and 1000 more at $ 4.34 .Now I am laughing because I know this stock will go past $50 this winter. !!!


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