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 > I was about to say something

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Comment by Pandoraon Aug 01, 2024 4:26pm

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Post# 36159061

RE:I was about to say something

Yes, not a good day for O&G stocks. Apparently the big tech stocks also took a hit after the FED spoke.
Enbridge seems to have survived reasonably well but not sure if that will carry through.

WTI is down but still holding at about $76.89 U.S. WCS actually went up today at $64.31

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Advancing flagship Ishkõday Gold Project in Ontario