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 > There is no substitute for bankruptcy

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Comment by stockmarket1on Nov 23, 2022 2:39pm

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Post# 35122888

RE:RE:RE:There is no substitute for bankruptcy

If you feel that way then why don't you sell now and leave? And again, yes FCF will be huge but again...how much of that will be going to the windfall tax lol? Not 100%, that's for sure!

McRambus wrote:

stockmarket1 wrote: Most likely won't happen but.....I'm thinking perhaps VET should consider getting out of Europe all together if the end result giving away your profits, period. Seriously.....who cares how high NAT GAS rockets up and much VET will rack in because at the of the day, VET will just be handing it all ovr due to this windfall tax.

What's the point in operating there when you're just giving way all of your profits.

Should have sold this vile garbage as soon as the garbage management refused to pay a decent dividend.