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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 Jul 14, 2023 1:20pm
129 Views
Post# 35541540

RE:Bank rate up, stocks down

RE:Bank rate up, stocks downEspecially when the BOC rate isn't even the big influencer.  The FED rate will have more say.

We should see another cycle up before that happens and then a down and then an up before ER.

Traders kids have to eat too.

On the plus side VET is catching ARX but it will have to hurry as they both are moving rather well.

GLTY and all

prested wrote: As governments worldwide keep to the same hymnbook and insist that raising rates kills inflation, we cannot reasonably expec stocks to rise as we think they should. But, this is like putting a finger in the dyke; it holds the water back for a while, but when it gets throughi comes in floods. So I guess we wait and look forward to a steep rise when all this nonsense is over. GLTAL 


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