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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 RiverCartelon Jun 27, 2023 3:28pm
274 Views
Post# 35516990

RE:RE:RE:I think I hear the death bell toll

RE:RE:RE:I think I hear the death bell tollI strongly believe we have bottomed. TTF and NGAS have all rallied off their lows. Oil seems to be holding. The valuation here looks good. Some have called for lower prices, however VET has paid off a considerable amount of debt and don't have the risk exposure they did in 2019. They are poised to do well this next year. It might take a few quarters to get this things back in the mid 20's, but the low SP is behind us for the near term.
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