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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 Abedim15on Aug 29, 2022 1:58pm
239 Views
Post# 34927317

RE:Germany 80% full for the winter

RE:Germany 80% full for the winterYes I think you're correct, it's hard not to look at VET and think that it has to correct soon. A few significant down days must be on the horizon.

That said, let's not mislead with your subject matter heading. Everything is relative -  when is a plunge a plunge.....

"Natural gas prices in Europe tumbled more than 18% to below €280 per megawatt hour, following a nearly 40% jump last week, after Germany said its gas storage facilities are set to be 85% full by next month, earlier than the October target. "

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