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 > not all negative

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Comment by treehillon Nov 02, 2023 9:06pm

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Post# 35714978

RE:RE:not all negative

As far as I can tell Q3 is a bit disappointing compared to previous quarter due to the fact that there wasn't any foreign exchange gain and only a minor derivative gain (was much higher last 2 quarters). Otherwise earnings would have been almost the same as Q2.

Moemoney42 wrote: Agreed those who bought in near the bottom today will be happy in Q1-24 and beyond IMO.. VET is setting itself up for a strong 2024 although Q3-23 was a little disappointing, Q4 should start the turn around..???

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