Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > Not manipulated just an energy stock
View:
Post by Fraser19 on Feb 03, 2021 7:04pm

Not manipulated just an energy stock

Honestly most of you sound insane.

Vet is not the target of major manipulation it really just looks like a Canadian oil stock. They have 80-90k BoE/D of production, 2.1B in debt so right off the bat things are a bit spooky.

They have lost investor confidence. They didn't act quick enough with the dividend, they held on to the last moment then had to kill it.

institutional support is pretty much gone. 

Here is the real issue, the price of oil is one factor, however every institutional player is very well aware that at a moment notice 10m+ of oil production can be brought online at a moments notice if there is another OPEC disagreement.

Until VET's ballance sheet is healthy enough to survive another OPEC blowout, which it is no where close to being that healthy investor support will be minimal. 

All this talk about manipulation is INSANE, and the placing sell orders with a 10,15,20,50 dollar trigger isn't going to do anything. Furthermore the idea of getting the Redditors to pump this is even more crazy talk.

Fundamentally when you look at this company and the risks it faces in the event of another OPEC blowout, it really isn't worth very much. 

Really when you think about it, when oil start's hitting the mid 60's do you think the OPEC players are going to just let it rise while every non OPEC player increases output, or do you think OPEC will increase production to prevent loss of market share.

I believe until there is concrete clarity around that, and the ballance sheet is drastically improved VET will lag it's integrated players.

Comment by OILGENIE on Feb 03, 2021 8:01pm
NO FRASER THE MARKET ISNT CORRUPTED ITS RUN BY PRIESTS LMAOOO
Comment by RevT79 on Feb 03, 2021 11:35pm
Wow! You got me sold! Tommorow I will sell all my shares and move on as by your point of view there is no point to be in here as everything about this company is negative.... thanks for all that info.
Comment by Fraser19 on Feb 04, 2021 1:06am
  Ah excellent, good to see your are someone with a level head and can look at things objectively.
Comment by Oldnagger on Feb 04, 2021 5:04am
VET is very much a viable corporation. First look at their PDP values, those alone support the debt and the share values. Then consider that only in the darkest scenario that you can imagine would their other assets be considered valueless. I know that the Canadian market has ascribed very low values to reserves, land and infrastructure, Yet this is not the case for other countries where VET ...more  
Comment by Oldnagger on Feb 04, 2021 5:33am
Dang it, forgot again , the reason I am here in the first place , the leverage. Investing is a 2 way street . Investors need to weigh the downside risk against the upside potential. If an investor does not want to shoulder the risk then there are safer alternatives . However , safety can have a high price these days, especially if inflation were to return. I know I will be branded as a heretic for ...more  
Comment by Oldnagger on Feb 03, 2021 11:48pm
Well,here's my counterpoint . first there certainly has been manipulation . There always has been in the oil market, Opec is proof of that. I could fill your ears all night with real stories based on my own very extensive experience .  I am no longer there, but guess who started  and trained the current executives of the company that was at the receiving end of the lowest WTI price ...more  
Comment by Oldnagger on Feb 04, 2021 12:00am
I almost forgot ,one more point. Even if Opec put the price of crude back down below zero tomorrow. The the price of nat gas would rise so high that VET would be better off.   some of these institutional investors should be kept in institutions. You can rest assured that they are not working in your best interests.
Comment by Fraser19 on Feb 04, 2021 1:05am
  Well, no. If the price of oil went to Zero, and stayed well below any hopes of profitability, as time went on (but it wouldn't take very long) VET's ballance sheet would rapidly deteriorate they would end up breaching the covanants of the bank line, the banking syndicate would elimanate any new borrowing and then force them into a takeout / Take-under if possible, if not ...more  
Comment by Backinblack1000 on Feb 04, 2021 9:03am
This post has been removed in accordance with Community Policy
Comment by Oldnagger on Feb 04, 2021 9:24am
Not sure about your question, but as you can see from my later post , I believe just like the last time, the 70 to 80% of the oil producers would be pretty quick to stop drilling and shut in production as needed.North America is much better balanced so a loss of crude exports by the US could rapidly be adjusted for. Rememember , we are dealing in hypotheticals . My real point is to allay what I ...more  
Comment by Oldnagger on Feb 04, 2021 9:47am
OK , I get the confusion I should remind myself to quote the poster that I am replying to. In that case it was fraser19.
Comment by Fraser19 on Feb 04, 2021 12:46am
I will re-phrase, yes there is maniuplation the in market, VET is not singled out and excessivly manipluated. Your post is pretty good and I can respect that. Sure there coud be money to made in VET and you probably will make money in VET if you are a newer holder.    But half the clowns on this board are straight insane, they have a massive ammount of work to do before they are by ...more  
Comment by baranja on Feb 04, 2021 8:52am
Cmon man.. wake up.. When you see first thing energy stocks go down, and the next day takedown starts in Oil and Gas commodity, you know it is all organized and planned. It should be Vice Versa.  When you see central bankers call for stoping all investment in to fossil fuels When you see Bill Gates call for complete stop and pull of investment form fossil and increase investmen in to Wind ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities