Vermilion Energy Inc T.VET

Oversold

[retiredcf]

The S&P/TSX Composite climbed a healthy 2.3 per cent for the first trading week of 2023. The benchmark’s Relative Strength Index (RSI) of 54 leaves it close to the midpoint between the overbought sell signal of 70 and the oversold, technically attractive RSI buy signal of 30.

There are three index members trading with RSIs below the buy signal of 30 this week. Hexo Corp. is the most oversold company followed by Vermilion Energy Inc. and Tourmaline Oil Corp.

[Moemoney42]

Energy Summary for January 6, 2023 by Stockwatch Business Reporter Vermilion Energy Inc. (VET) lost four cents to $20.29 on 4.77 million shares, as it spent the day trumpeting its 2023 guidance, a 25-per-cent dividend boost and the resumption of share buybacks. It nonetheless continued to fight a hard battle to lure back shareholders. They have sent the stock down to just $20

[EnergyWatcher55]

Investors love predicatibility and certainty. The EU has morphed VET into a vassel company to subsidize EU citizens from its profits. Even Canada does not have these taxes!

[Citizen13]

Yep I decided to bail today. I've had enough of this nonsense . Praying and hoping the uncertainty will go away is not an investing trait I like. This is stressing me out and life is too short for that . Plenty of others who do not have this horrific government thievery overhanging their goals and returning cash to investors.  The 25% vs 50% cash return and 800 miilion as opposed to 1.8

[EnergyWatcher55]

The EU should be grateful that companies such as VET take investment risks to supply much needed natural gas. The market dictates prices. Its supply and demand. By the same logic, when oil went negative, where was the EU to help out these companies?