Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

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

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TSX:VET - Post Discussion

Vermilion Energy Inc > Expecting a Green day today after sell off.

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Post by DukesMtl on Sep 27, 2022 8:54am

Expecting a Green day today after sell off.

Followed by more red days until recession is real and accepted then ride the wave up!

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Comment by Moemoney42 on Sep 27, 2022 9:42am

There's an emerging view that the US dollar is getting too strong and its affecting the global currencies too much.. I'd have to agree with that thesis and I think the nuance of higher rates is going to start to subside and once that happens the US buck is going to soften.. that will signal a bottom and an end to the recession is firmly in the cards.. time is all we need for this to play ...more

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Comment by Moemoney42 on Sep 27, 2022 10:39am

I'd like to add this this previous comment.. most if not all these O&G producers have already set their long term borrowing costs when rates were much lower.. so these interest rate increases have no effect on their balance sheets.. but the rate increase boogyman has the whole market scared without rational thought about O&G.. then add in that by the time these companies need to re ...more

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