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 > catalyst

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Comment by Pandoraon Feb 24, 2024 6:35pm

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Post# 35897478

RE:catalyst

An excerpt: "Nevertheless, Big Oil has profited more than $250 billion since the start of the Russian/Ukraine war. Of course, that comes after a couple of hard covid-induced years. In fact, according to a recent Global Witness report, the five largest oil companies in the world, BP, TotalEnergies, Exxon, Chevron—and yes, Shell—have distributed some $200 billion among their shareholders."

https://oilprice.com/Latest-Energy-News/World-News/Shell-Backs-Out-Of-Yet-Another-Floating-Offshore-Wind-Project.html

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