Vermilion Energy Inc T.VET

Oldnagger lives ..

[whoLuLu]

Happy days Nagger, good to see you back !!

Oldnagger (2291)

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December 20, 2021 - 09:57 PM

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Post# 34249035

RE:RE:Question to group: Natural Gas North America vs Europe

the price you quoted is EURO s per MWH
For ease it is best to go to the CME exchange where price is in more familiar USD per MMbtu

Dutch TTF Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Futures Quotes - CME Group

Vermilion Energy trust (VET) is the best source for getting EURO price action .With 22% of their production being tied into NBP and TTF. they are poised for spectacular returns in 2022. Say hello to Wholulu when you get there as he has been almost singularly holding up the fort against a lot of unmerited adversity !!

Last point, the Euro prices are not alone , Asia has similar pricing. there is a global shortage of nat gas and it will take a lot more than  Russia to cure that in the near future. the only relief at present is coal and we all know how politically charged that is. Anyone who believes that nat gas is a problem rather than a solution really needs to get educated !!

[Oldnagger]

Yes, there is life outside of the stockhouse world !! LOL , I am still trying to figure out how best to handle my small problem, as I don't know how to maintain confidentiality and rapport at the same time. Meanwhile ,I still enjoy all your posts and certainly feel compelled to reply oftentimes .Very happy to see that VET has become a nat gas company with a sprinkling of oil. ( helps keep

[Oldnagger]

Almost forgot, while the CME link is more convenient ,it is also about a trading day late, That is crucial to remember in todays very volatile market . better to stay with Wholulu's reference and convert by first dividing by 3.412 and then multiplying by either the EUR/USD  (1.13) or the EUR/CAD (1.46) Dutch TTF Gas Jan '22 Futures Price - Barchart.com