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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 > Oil price for VET to stay profitable
View:
Post by LiLy2021 on Nov 19, 2021 2:33pm

Oil price for VET to stay profitable

Two Moe's...if you can please do us a favour by taking your courtship to the private room (PM). 

I'm so worried for Aurum.  I only have 17,500 shares of VET (but I bought recently), so my loss is nothing compared to his. But don't you worry, my dear, even though I already bought some gold, I'm cheering for it to drop hard so you can buy back again on the cheap. Once you're in, we can ride it up together. What you said was almost psychic. You said VET will drop down to $12 before it will go back up. You're correct on your first prediction. Now be right on the second one.  :-)

Can somebody please let me know at what price of oil can VET continue being profitable?  I mean earning enough FCF to pay off debt, run the company, pay a small dividend etc.  Goldman Sachs is predicting oil prices to go much higher in 2022 (with US SPR release fully priced in), I wonder what are the factors that can send oil prices plummeting again. 

Comment by SchoolNmoe42 on Nov 19, 2021 4:19pm
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