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 > Time for an adult conversation

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Comment by stockmarket1on Oct 13, 2022 10:11pm

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Post# 35023976

RE:RE:RE:RE:RE:Time for an adult conversation

It certainly did drop. In fact, a drop of 40 cents from other day. $1.93 as I drove home from work. It was $2.34 I believe on Tuesday.

Pandora wrote:
Moemoney42 wrote:

Oldnagger wrote: It is my guess that Biden is now slowing the exports. That may be what has caused the sudden increase in WCS spreads. Will find out maybe this PM yet EIA and API data are for the week ending October 7 so we do not yet know for certain what he is up to !!

I'd venture fall maintenance at the refineries is a big part of the spread issue

Word last night on the B.C. news is that fall maintenance at the Cherry Point refinery in Ferndale, Washington is complete and we can expect about a 20 cents per litre drop in gas prices today. Imagine -- it might even get below $2/litre again -- at least for a short time.