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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 > ARX merger with VII
View:
Post by gold_diggers1 on Feb 10, 2021 9:55pm

ARX merger with VII

WCP merged with TOG:

https://www.wcap.ca/investors/news-releases/details/whitecap-and-torc-announce-strategic-combination-creating-a-leading-sustainable-light-oil-focused-company-with-a-significantly-enhanced-free-funds-flow-profile-supporting-a-6-dividend-increase/239

Now ARX merges with VII:

https://www.arcresources.com/news-and-features/press-releases/135222

Will there be someone merging with VET??
Comment by geemonet on Feb 11, 2021 2:01am
No. who would want to? And why? Vii has nice assets south of GP and that's it. Vet looks like they pick where to drill wells by tossing darts at a map of the world. They're spread out like my ex wife's legs. 
Comment by Oldnagger on Feb 11, 2021 6:13am
I don.t know about your ex-wife but it is called diversification. The intent is to reduce risk . I doubt the market is taking that into account right now , They should however. According to VET's presentation they have some very good assete in Western Canada . I don't know about Australian Crude , but they do have some very interesting large landholdings in Eastern Europe for nat gas and ...more  
Comment by woodwise on Feb 11, 2021 9:59am
geemonet, only a complete idiot holds shares in a company they have no confedence in. You do know you can sell at any time.
Comment by geemonet on Feb 11, 2021 12:39pm
I didn't say I don't have confidence in the company, but I'm confident that nobody would want to merge with them. Vet is a minnow that dreams of being a whale. I've got time on my side, in 3 or 4 years when they get their debts paid down and bring back a dividend the price will go up and it'll be like back in the pre covid days. Or maybe Iran starts a war and Saudi oil becomes ...more  
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