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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 > A month away from tax selling
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Post by prested on Nov 10, 2023 11:18am

A month away from tax selling

Any ideas ou there as to whether there will be a flood of investors selling for a tax loss in 2023 and then buying back in 2024? I guess they'd have to have gains aagainst which to use any losses and there don't seem to have been a lot of them this around year!
Comment by Oldnagger on Nov 10, 2023 8:01pm
Thanks for the idea Prested. Actually, I have significant gains in Alvopetro which is a very small Canadian natural gas producer operating exclusively in Brazil.  The secret of their success has been the increase in international pricing , albeit without the WFT Investors place a much higher valuation on ALV s production than on VET s production Check it https://stockhouse.com ...more  
Comment by Pandora on Nov 12, 2023 1:38pm
https://www.cbc.ca/news/business/tsx-markets-dollar-1.6984941
Comment by CarsT1 on Nov 13, 2023 7:56am
....likely most of tax loss selling has already occurred. Seasonablity of market at this time of year has people starting to reestablish positions. People want to own oil & gas over winter months. GLTA 
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