Vermilion Energy Inc T.VET

Brutal

[prested]

That's the only word for it. This price makes no sense to me but the market is a wiser than I so I am not going to try to fight it. At some point the wind changes and those elements that have driven it down will drive it up. Patience is an essential part of investing.

[gribbs2]

TOU getting killed too....nat gas is hammering both of these

[EnergyWatcher55]

Nat gas inventories have swelled to the point there is a net injection in inventories. The warm winter doesn't help and winter is almost over. 

[mnztr]

Winter almost over in Canada? LMAO Spring is March 20, we are not even halfway through. 

[Oldnagger]

Here is the situation on USA natural gas . Hardly as catastrophic as many would have us believe . Also Freeport is finally ramping up. Of course you are a regular poster on the BIR board ,so I presume you are already aware of all this !! https://ir.eia.gov/ngs/ngs.gif

[Oldnagger]

Here are projected inventories of nat gas in Europe. They do indeed look brutal. Yet there is a rather simple solution and that is a diminution of imports. That however seems to run counter to what the Europeans desire as they seem to want to keep storage at capacity prior to next season https://docs.google.com/spreadsheets/d/e/2PACX-1vRqXjIrFk3bCPS-0v1lwZq-lMJ0aBOQ2OUK7d9A

[Quintessential1]

On the graph the storage projections exceed capacity.  I am not sure if they plan to add storage or if they consider moored LNG cargo ships part of their storage.  LNG imports will keep TTF pricing higher than historical levels and keep VET in the black.  Managing profits without slipping into windfalls shouldn't be too hard. Try not to forget that Europe is accomplishing a ll

[Moemoney42]

I'd like to add to this conversation that European fertilizer production was halted due to the price of NG and the need of preserving the commodity for the winter heating needs.. so any surplus NG could get used quickly if those plants get back to full production.. at least thats how I remember the story going.. correct me if I'm wrong..! 

[Quintessential1]

You are correct sir! The European Union's nitrogen fertilizer output is being slashed by an estimated 400,000 to 500,000 tonnes per month, according to an Argus Media analysis. https://www.producer.com/news/europe-slashes-fertilizer-production/ Natural Gas is neccessary for ntrogen fertilizer production and even though the EU is pivoting to import it from the USA it just shifts natural gas

[Oldnagger]

As some may be aware, the Japanese have spent considerable effort in the development of Ammonia (used in nitrogen fertilizer) as a replacement or substitute for LNG . So the Ammonia  business and the nat gas business are now getting welded together at the hip.. one of the advantages of ammonia is that it is relatively easy to transport and store (and now to combust ) Thus it gives an

[Oldnagger]

Remember Peter Lynch ? Warren Buffet ? just two guys who beat the market very handily by the simple method of buying valuable growth stocks and sticking with it !! Don't ever say the market is smarter than you. If you really think so then shares trading is not the best place to be . Use these BBs to get feedback on your ideas then concentrate on what the company is not only doing but what it

[EnergyWatcher55]

There comes a time when you love the stock too much that it blinds you. Remember stocks don't love you and I doubt Warren Buffet would come even remotely close to buy VET. Good luck!