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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 Sep 20, 2023 10:14am
280 Views
Post# 35645182

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:VET fair price will be soon $40…

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:VET fair price will be soon $40…Who knows?   What things say and how they apply these days are open to interpretation.

For instance:

At December 31, 2022, Vermilion had $2.4 billion (2021 - $2.7 billion) of unused tax losses of which $1.4 billion (2021 - $1.4 billion) relates to Vermilion's Canada segment and expire between 2025 and 2042. The majority of the remaining unused tax losses relate to Vermilion's Ireland segment and do not expire

page 91

https://www.vermilionenergy.com/wp-content/uploads/2023/03/VEI-2022-Annual-Report.pdf

That is $1billion in tax losses that may or may not be used against TSCs or WFTs?

It looks like we may not find out until a year end is calculated and taxes are actually paid.

GLTY and all
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