Bullboard - Stock Discussion Forum 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... see more

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Vermilion Energy Inc > Oil shares on the rise as freeze cuts U.S. output by 2M bbl/

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Post by OILGENIE on Feb 16, 2021 12:07pm

Oil shares on the rise as freeze cuts U.S. output by 2M bbl/

jumpiong back in if I get a good price

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Comment by Backinblack1000 on Feb 16, 2021 12:08pm

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Comment by Nystrom on Feb 16, 2021 1:34pm

On BNN this morning it was mentioned that 2M+ drop in production was just the permian. Other areas are facing similar albeit less catastrophic shutdowns. Last week's Oil draw was 7M barrels vs 100k estimate. Not sure who's doing the estimates but geeze that wasn't even close. This week who knows. Overall, US storage was at ~540 Million barrels in August, which was well above ...more

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