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 > Cold weather for Europe

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Comment by prestedon Nov 27, 2023 11:47am

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Post# 35754494

RE:Cold weather for Europe

It's an ill wind etc. Couple that with the threat to shipping posed by the Houthi in Yemen and the potential for a closure of the Straits of Hormuz and you get $100 oil overnight.
Unfortunately, poliicians have cottoned on to the sad fact that the great unwashed public are happy to attribute all their ills to "Big Energy" so windall taxes will never cease, and that will stymie SP for a long time. Not a great place to be and I am sorry I ever bought this stock. Not because I don't think VET is a great company, but because I think woke has trumped common sense.

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