Vermilion Energy Inc T.VET

Share price...

[stockmarket1]

Yes I know the markets are and have been sinking hard but, I honestly didn't think VET would sink as low as 35% off it's 52 week high. I did call for a lower share price as I've stated here but I thought a snap back up would have happened by now. Unreal. I wonder if anyone of those higher price targets will be revisited lower. Strange market.

[Oldnagger]

Personally, in a perverse way,I am rather enjoying this, As VET is reguarly buying on the open market, my share of all the company's future profits is increasing . Those future profits will be enormous. there is no way the international energy crisis has been solved. SO buy yourselves some popcorn and sit back and enjoy the show !!

[EnergyWatcher55]

If oil prices continues to be lower for longer, VET's profits would also decrease and those share buys would be less in the open market. It still has a ways to go.  

[EnergyWatcher55]

Don't fight the Fed. 

[Oldnagger]

I do not know the future , but I do understand the present. That present is that I am making probably 50% on my money. That leaves a lot of leeway to be wrong. Investments are always a gamble. VET is a very good gamble !! Getting more is an even better gamble !!

[Moemoney42]

This sell off is getting ridiculous and oversold in my opinion.. David Burrows just mentioned he's interested in Vermilion as they have European gas exposure... once this market turns its gonna be a quick rally me thinks..?? 

[stockmarket1]

Couldn't agree more Moe. VET is way way oversold. Looking out 12 months from now, I think we'll all be much happier in terms of a higher share price. I don't see WTI going much lower than $75 with winter coming up.

[prested]

It is well known that I have NO time for analysts and the same goes for a lot f the talking heads on BNN. David Burrows is an exception, however. He is astute and I have come to respect his opinion and he has never failed me. If he says he is interested in Vermillion then I then many will take that to the bank. 

[EnergyWatcher55]

How long have been an investor of VET? If you have been a long term holder, then you should be incredibly disapppointed since this SP has not performed well despite European gas prices which are hedged and the fact that VET's credibility is still tenuous since their "never cut the dividend" doomed this stock. The debt is still large. The divy is a puny 0.08 cents per quarter, a

[Oldnagger]

I first bought VET before the Covid crash. Like many I bought it for the dividend ,but I also knew there were solid assets behind those dividends. I have been in the petroleum investment game since 1958 ( Husky oil at 7 5/8 )and it will take a lot more than what is happening here to scare me off. The industry has been both extremely kind and extremely miserable. I have had some total blowouts but