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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 > a Pipeless_Pauper post from IV
View:
Post by whoLuLu on Jun 19, 2022 6:46am

a Pipeless_Pauper post from IV

VET 2P Reserves Increased 3% to 481 mmboe

 I hope everyone can appreciate how big an impact triple digit oil is to them.
 
481,000,000 [they're 50/50 O&G].....
Sooooooo....240 mmboe x ~ $50 delta on WTI .... is $12 billion.
 
 
 
And that's just $100 oil.
And that's on a 3 Billion dollar stock
 
The math north of $150 is scary
 
 
Yea.... PV discounting over 15 years.... so??
What about NG? Over the rafters too you say?
 
 
...... and theses guys just have to fit it all in a $3 billion mkt cap?? lol
    
 
 


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Comment by Oldnagger on Jun 19, 2022 8:54am
Powers that be , who really control the price of this and similar stocks want retail investors to ignore asset values (even when discounted at 10 % ) The big lie is that assets will become worthless as petroleum is replaced by renewables (other than nuclear ) I and many others get finger burn trying to expose the utter stupidity and hypocrisy of these lies. And yet they persist ... Until they don& ...more  
Comment by Oldnagger on Jun 19, 2022 4:27pm
When I mention powers that be, I am really referring to Blackrock . The original idea was that Blackrock would be a fiuciary trust to hold investments for you in ETF s . Unfortunately , that has all changed and backrock now uses the power that many entrusted  them not to use. Unfortunately they are now so big  and politicians so out of it ,that no one will dare to,stop them Watch the ...more  
Comment by Binkie on Jun 20, 2022 4:47pm
And Vanguard is the equally evil twin to blackrock
Comment by stockmarket1 on Jun 19, 2022 2:08pm
I don't plan on selling for a loooooong time. If anything, I'll be buying in chunks this coming week should we see more declines! Bank of that! Time to pack on more shares on top of what I have. Everyone else should too.
Comment by stockmarket1 on Jun 19, 2022 4:28pm
Oh, l forgot to add....with the numbers you displayed below....it baffles me that people are selling this lmao!! Hence the recent share decline. Unbelievable! Manipulation due to the big boys. Can't see any other reason.
Comment by clamlinguine on Jun 20, 2022 10:22am
Why did reserves only rise 3% after all the acquisitions? Sounds like bad news, lol.