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 > OPEC + view

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Comment by prestedon Mar 16, 2023 11:46am

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Post# 35342600

RE:OPEC + view

OPEC is not the main problem for the SP the windfall tax is. Until that is removed we aren't going to see the true value of our investment. I don't think the drop in crude will significantly effect VET as they are a different company than they were when they had huge debt. Their bottom line will be similar as less cash is going to service debt, which makes up for any reduction in the price they are recieving. No?

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