Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas Integrated

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

Vermilion Energy Inc > I just sold my entire position in VET, BTE & CPG

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Comment by Quintessential1on Oct 06, 2022 2:15pm

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Post# 35010083

RE:I just sold my entire position in VET, BTE & CPG

"Going to sit on the sidelines in cash for now and fingers crossed for a nice pull back as the sissies once again get shaken out of the energy space."

Ummm....LOL

GLTA Longs

DukesMtl wrote: VET @ 32, BTE @ 7.05 & CPG @ 10.05

Also sold 1/3rd of ATH @ 2.60

It's been a nice run up since OPEC rumours started building about a output cut and then gaining momentum to 2million barrels/day but now that Biden and his team of flakes are reacting to that with more weak decisions and further depleting the U.S stockpiles,, I'm expecting the drum beats of Recession talk to resurface and scare off investors and this will possibly drag down the energy sector once again. Going to sit on the sidelines in cash for now and fingers crossed for a nice pull back as the sissies once again get shaken out of the energy space.

Should this not manifest, well it's ok because I'm up on all my picks.