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.

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Vermilion Energy Inc > Expecting a Green day today after sell off.

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Comment by Moemoney42on Sep 27, 2022 10:39am

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RE:RE:Expecting a Green day today after sell off.

I'd like to add this this previous comment.. most if not all these O&G producers have already set their long term borrowing costs when rates were much lower.. so these interest rate increases have no effect on their balance sheets.. but the rate increase boogyman has the whole market scared without rational thought about O&G.. then add in that by the time these companies need to re-negotiate their loans the debt levels will be a fraction of what it is today.. and possibly into the time lines of falling interest rates..?? Food for thought..! Don't let this opportunity to get in or add to your position be clouded by noise.. not investment advice.. just an observation.. do your own DD.. its your money..!

Moemoney42 wrote: There's an emerging view that the US dollar is getting too strong and its affecting the global currencies too much.. I'd have to agree with that thesis and I think the nuance of higher rates is going to start to subside and once that happens the US buck is going to soften.. that will signal a bottom and an end to the recession is firmly in the cards.. time is all we need for this to play out.. IMHO

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