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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 > Long term hold
View:
Post by RevT79 on Feb 10, 2021 12:37pm

Long term hold

On a short term hold this is quite frustrating!
long term this is a no brainer as they are printing money rigth now!
about 1.5 millions$ a day!!
it reminds me of one of my other holding kirkland lake mining!
profit of 1.2 billions no debts but trading at 49$
kknda funny how the market is these days!
Comment by virgintrader99 on Feb 10, 2021 12:48pm
I'm also holding alot of shares but kind of frustrating to see others oils stock going up and this one can't even bounce back in June high
Comment by Moemoney42 on Feb 10, 2021 1:27pm
I agree with the company issueing a small divi before a share buyback.. the divi would allow "dividend funds" to buy the stock which would bring a few more institutional investor dollars to the table.. every little bit helps.. 
Comment by BSdetector2016 on Feb 10, 2021 1:53pm
I am stuck with a mitt full of shares and yes, it's very frustrating. I am at the point now of admitting that it's dead money and moving to something that will perform. It's about how your portfolio performs, not an individual stock. This one is a dog as I'm sure we all realise.
Comment by RevT79 on Feb 10, 2021 2:02pm
Same thing happened last week same day before the announcement of 6 million barrel draw. Then it went up! it would probably me more down but nobody is selling .tommorow will be interesting!
Comment by lashing on Feb 10, 2021 2:41pm
I have a ton of over $20 shares too. Its going to take years to break even. Once the div was cancelled VET was over. But teh sompany is still good and will produce plenty of cash. Guys like Nuttall want to hate this stock forever. Even though he is willing to trade it. $28? Maybe if $100 oil hits and the divvy comes back. The "green" BS has to die eventually but my feeling is they want ...more  
Comment by stockmarket1 on Feb 10, 2021 3:07pm
Years to break even? Why not average down at these prices which will bring your average cost much lower? 
Comment by virgintrader99 on Feb 10, 2021 3:22pm
I can't believe it How cheap VET trading it's make me sick
Comment by downtozero on Feb 10, 2021 3:39pm
Longest oil rally in 2 years (according to bloomberg) and VET is not rallying. Why not???
Comment by baranja on Feb 10, 2021 4:10pm
Absolute dog shi* this one.  CPG is aloso garbage nowdays, but this shi* seating on 30% of pre-takedown value in Feb last year.  Absolutely number one oil and gas junk on TMX
Comment by Nystrom on Feb 10, 2021 4:35pm
Give it time.  WTI just moved above $50 a few weeks ago.  VET reports Q4 2020 in early March. If WTI is still around $60 in March and Q4 results are the same or better than Q3 then VET will be making a big move up.  Lets all keep in mind almost a year ago VET was under $3 a share and WTI was at 0. If you didn't panic on the way down, don't panic on the way up lol.   ...more  
Comment by stockmarket1 on Feb 10, 2021 6:21pm
Agree and you watch. The next time VET has a red day -- could be tomorrow or Friday --  watch how swift it goes down! 
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