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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

TSX:VET - Post Discussion

Vermilion Energy Inc > Bad then Good?
View:
Post by downtozero on Feb 19, 2021 9:50am

Bad then Good?

After reading ERF year end, it makes me think VET will be worse. It's likely VET will take additional big writeoffs for year end, resulting in a bigger loss and stock taking another dump. Then first quarter will come out and VET will start to spring back. It might be worth waiting untill after 2020 report and then adding more. These numbers we're seeing this quarter will not help VET's year end.
Comment by yggdrasill on Feb 19, 2021 11:37am
A non-cash impairment charge won't mean much 3 months after the fact when the price of oil and gas has shot back up. But maybe it'll fool some algorithms? If it does dip based on that, I'm definitely going to buy more.  
Comment by EnergyWatcher55 on Feb 19, 2021 12:16pm
How different would VET be from other oily companies? 
Comment by VVasp1 on Feb 19, 2021 12:26pm
This post has been removed in accordance with Community Policy
Comment by baranja on Feb 19, 2021 1:11pm
Well said.. There are no more Canadians left,.. all we have are double muzzled Canadoohers.  Washington just printed out trillions and trillions in free money, while Canadoohers "sell" their biggest commodity for "Differential" (TM)
Comment by woodwise on Feb 19, 2021 1:32pm
VVasp1, if one of you Americans divorce your wife, do you still remain brother and sister?
Vermilion Energy Inc