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.

TSX:VET - Post by User

Vermilion Energy Inc > I bailed today

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Comment by wkrpradioon Nov 11, 2022 3:40pm

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Post# 35092402

RE:I bailed today

JohnnyDoe wrote: Sold my vet position today. Will look to put that money elsewhere in the cdn mid cap oil space.
i just don't like the look of the windfall tax. Confiscation is what it is, plain and simple so I'll avoid investing in companies that are exposed to it.

Thank you for the opportunity , for myself as well as others , to pick up some discounted shares. The world still needs oil and gas and VET has some great assets.

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