Vermilion Energy Inc T.VET

VETs MO I believe is to rape the company

[lashing]

Nuttall is selling dividends and buybacks. VET is lining private pockets.

[geemonet]

There is something sinister happening here 

[PipelessPauper]

Then sell fool 

[lashing]

Always being a jerk. Your whole existence is having nothing to say. Basically, you are that guy in the park with no shoe's shouting at air

[Divypro]

Nothing sinister about it. They put these hedges in place several quarters ago when commodity prices were in the toilet. By pre-selling the products they can get higher hedge prices than the then current prices thus protecting against future low prices. Their guess was wrong so now they have to take the losses. As time goes forward they have less and less hedges at the low prices so the quarterly

[geemonet]

So basically they just really suck at selling oil? 

[Divypro]

Hedging is usually a losing game as they are pre-selling future production so buyers alway pay less than what future prices are expected to be otherwise why take the risk. The industry sucks at forecasting future oil and gas prices. When prices rise more than they expected they look dumb but if prices fall they look like heroes but nobody cares because low commodity prices always depress the

[Tommy123]

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