Vermilion Energy Inc T.VET

Next week earnings ...

[stockmarket1]

Should be great results. Will we see $30 plus?

[Chandler97]

  I think we should break into the mid-$28's by end of trading on Tuesday. I also believe that VET's report will be even better than expected....and even better than they recently reported.  They are playing these games well and for once, I think we see some real FOMO Wednesday and Thursday with a pullback Friday.  GLTA 

[Oldnagger]

Next weeks earnings will undoubtedly be important on a short term basis . Nevertheless, the by far most important issue for VET (more than most other Canadian listed petroleum companies ) is the EU's proposed ban on Russian Crude and Gas !! Proposed E.U. ban on oil marks a turning point in West's measures against Russia (msn.com)

[marketsense]

No question as to how much VET will be affected by a total ban on Russsian oil & gas into Europe.   Vet will be become instantly supercharged.  That said,  everyone is paying the price for this war interms of higher energy and food costs.  Once Europe is onside with sanctions,  those two basic items are not going to  get any cheaper.   I remember back in the

[Moemoney42]

I'd think that VET might be looking at a bit more capex this year in Europe to take advantage of those high prices, and the need the Europeans have for a stable gas supply.. every GJ will help, and as quickly as possible.. I actually wouldn't be opposed to them selling a 10-20% interest in some of their fields to partner with someone with the want to drill as well.. spread the risk out a

[Pandora]

And what's the monthly interest cost on 30 Trillion dollars of debt? Is there a point where the government will just write off their own debt because they can no longer afford the payments? They want to write off student debt I guess they will write off their own. Sometime within the next 3 years?

[Oldnagger]

Governments never pay back  debt.They always either roll it over with more debt (Ponzi scheme ?? ) or ultimately write it off (infation) The great debate of our time is which method will government use ? My guess is both . A very good reason to hold real assets rather than cash. The only hazard is to not get caught with too much debt in times of rising interest rates' All the foolish

[treehill]

I certainly agree with your last point - VET is my biggest holding. But I think that your portrayal of gov'ts either having to roll over debt or write it off / inflate it away is a bit simplistic. What many governments are increasingly doing it seems is getting their central banks to buy government bonds. Half of Japan's massive national debt is held by its central bank. There is no

[Oldnagger]

Money , is a difficult concept to grasp , but if goverments are creating money supply at very low or no interest cost and if at the same time they are de-funding petroleum supply. Then it seems that it is only a matter of time before money supply overwhelms petroleum supply. As that happens, politicians will all cry that petroleum prices are causing inflation. They have the speakers podium, not I

[marketsense]

Very good posts.   I totally agree that money is a very difficult concept to understand especially how gov'ts handle it.   They have unlimited ability to create it thereby paying off or down on debts that are due or rolling over debt into longer duration at generally higher rates.   This kind of debt financing where money supply increases to pay current liabilities seems ok

[mnztr]

You don't think hedging will hurt them?