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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

Comment by Quintessential1on Jan 06, 2023 2:35pm
294 Views
Post# 35207545

RE:RE:RE:Surprised market not up more.

RE:RE:RE:Surprised market not up more.VET was never obligated to buyback shares nor was it obligated to announce its suspension of the NCIB or announce the reinstatement of it.  But the fact that they did all 3 is kind of telling.

The market hasn't liked the news since the EU imposed a windfall tax.

Big whoops!  Buyback shares and then say how many when they release the Q4 YE 2022 ER report.

The numbers will speak for themselves.

GLTA


EnergyWatcher55 wrote: The NCIB back in place does not mean VET is obligated to repurschase shares. Its probably more of a public relations gimic to slow the bleeding of this stock. The stock is down and the market doesn't like this news. 


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