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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TSX:VET - Post Discussion

Vermilion Energy Inc > anybody think arabs

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Post by OILGENIE on Feb 17, 2021 10:15am

anybody think arabs

increased production will send oil below 60

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Comment by RevT79 on Feb 17, 2021 10:20am

Think about how much money they are making rigth now! you think they want oil to go back down? don't think sooooo

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Comment by Backinblack1000 on Feb 17, 2021 10:21am

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Comment by geemonet on Feb 17, 2021 12:24pm

But... if they sell more oil they make even more money. It isn't advantageous for them to restrict their production in order for USA or Canadian producers to make money. Every one wants oil above 60, but after that it's a tough sell for opec to reign their camels in.

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