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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 Oct 05, 2023 12:17pm
243 Views
Post# 35671249

RE:Is it a good entry point ?

RE:Is it a good entry point ?Definitely a great entry point. Commodity pricing is higher than forecasted, Wandoo is back on as well. VET will beat this quarter and likely Q4 as well which will edge them closer to their 1B debt target upon which they plan to increase the divy. That will gain some attention from larger funds who will likely start to pick this up. 2024 should be a good year for VET. If Euro gas prices spike even better. US NG has picked up recently as well. 
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