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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 > WTI is now $125 Canadian a barrel
View:
Post by galaxyr on Oct 10, 2022 10:26pm

WTI is now $125 Canadian a barrel

90.77 x 1.38274 = $125.48 WTI is $90.77 a barrel USD to CDN exchange rate is 1.38274 $125.48 Canadian for a barrel of WTI
Comment by Pandora on Oct 10, 2022 11:25pm
And I believe in U.S. funds there is still about a $25 spread between WTI and WCS yet gas prices in Canada are higher than in the U.S.  I guess that could be the benefit of taxes?
Comment by Quintessential1 on Oct 10, 2022 11:50pm
The spread between WTI and WCS is made up in the extra costs to transport and refine WCS. Several oil producers in Canada have upgraders but that too has additional costs. GLTA
Comment by Moemoney42 on Oct 11, 2022 1:38pm
Unfortunenately we're playing catch up (in this case "down") to Monday's trading states side.. VET currently up ~1% states side today.. 
Comment by Moemoney42 on Oct 11, 2022 6:49pm
Oops maybe I jinxed it.. LOL.. gives true meaning to "never count your chickens until they hatch"  LOL..
Comment by Teccing on Oct 12, 2022 11:23am
Probably being hurt by possible European windfall tax