Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > We are going into a Oil supply crisis
View:
Post by shakka on Feb 24, 2021 11:10am

We are going into a Oil supply crisis

Stop talking about $8-$10 VET price. We will be above 30 next year this time. Shale isnt coming back online, and demand is going to come back at a record pace by the next qtr. 

I dont think OPEC will flood the market with oil and even if they do, there is a cap of I think 5-6million barrels they can add if all production came back.

Remember that OPEC has been maintaining supply and no new captial investment has gone in just like the US and Canada.


Check back in 1 yr and enjoy the ride. Its been a tough 5yrs for oil investors but our time is here.
Comment by bogi on Feb 24, 2021 4:14pm
This is too funny . I read your comments about  VET at $ 30  Canadian   .  Josef S. was  mentioning  VET going to $ 30's  in 2019 - guess what ?  It dropped to $ 2.90  instead .  So now VET will go to $ 30 Canadian ?  Awesome - I only need 2000 shares  now . But who is talking about an oil crisis ?  I heard / read the ...more  
Comment by shakka on Feb 24, 2021 4:55pm
Supply Crisis my friend. I suggest you read these guys research. It is well written and informative. You can draw your own conclusions. https://gorozen.com/research/commentaries/2Q2020_Introduction Regarding Schachter or anybody for that matter, VET would have been at $30 if COVID didn't hit. It will be back to $30 sooner than you think. You can mark this post!
Comment by bogi on Feb 25, 2021 1:27am
1 ) The link is not working - pls. try again . Josef S. did buy VET at $ 30  and then the bottom fell out of energy . I did mark it  !!!!    Will talk again !
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities