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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

Post by DukesMtlon Sep 29, 2022 7:45am
260 Views
Post# 34994210

The media keeps talking about a recession

The media keeps talking about a recessionWhich is nothing more than 2 1/4's of negative growth. We are not in a recession... Unemployment is at a all time low, companies are starving for staff to fill orders. Manufacturing can't keep up to demand and have a shortage of manpower. They keep raising interest rates in order to cool off a red hot economy so people will buy less....No recession exists in the U.S or Canada but in Europe YES!
United States & Canada are actually profiting from Europes troubles with energy because they are selling energy to Europe at higher profit margins.

Winter and -0 nights are only weeks away. OPEC to guarantee us 90.00 oil via cuts. SPR release winding down...

We should see a 100-145 Brent Crude price this winter.

Moving forward, Opec will match any moves Biden makes with Output cuts.

Thx OPEC
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