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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 > European natural gas
View:
Post by galaxyr on Aug 11, 2022 8:23am

European natural gas

I expect a good increase in earnings but not necessarily a Blowout today in earnings compared to last quarter in particular because TTF natural gas price averages have been about the same in the first and second quarters. TTF gas prices have gone sky high and stayed sky since the end of JUNE which will help tonnes in the third quarter. We should however have great results on WTI, BRENT, and North America natural gas as they all have been higher during this last quarter than the previous https://tradingeconomics.com/commodity/eu-natural-gas
Comment by stockmarket1 on Aug 11, 2022 10:53am
Same here because when you set your bar too high, it usually doesn't meet your standards. With that being said. It's been a great week for VET shares but, TBH,  I thought the shares today would have hit $34 at the very least. Hmmm...  Either way, I'm looking forward seeing how much Debt was paid down. The conference call should be interesting. I, prsonally, don't see ...more  
Comment by masfortuna on Aug 11, 2022 11:46am
$34...the day just started ;)
Comment by L0ung3r on Aug 11, 2022 2:03pm
With AECO is up from average of ~$4 to around $5.60 for a ~35% bump in pricing there...and average oil prices in Q2 should be well over $100 vs ~mid 80s to low 90s in Q1 I'm happy with whatever the increases are.  All that really matters should be 2023 numbers when the hedges roll off. 
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