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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 Moemoney42on Dec 02, 2022 12:03pm
342 Views
Post# 35146639

Tipping point

Tipping pointI'd venture to guess we've now crossed into a steady level of support for the O&G industry.. Jan 3rd the markets get back to regular trading.. late tax loss sellers will be able to reinvest in the new year for the 2023 gains that are sure to happen with lower debt, smaller hedges at higher prices, higher production and a continuation of the supply deficit.. add in China re-opening, SPR replenishment, natural production losses from Russia, etc. we'll see a strong 2023 IMHO.
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