Vermilion Energy Inc T.VET

down -32% YTD

[NewfNewf]

It could get a little bit cheaper but i decided to buy a couple of thosand shares today for the RRSP.  I'll take the price discount being offered here as this is mispriced based on their pricing structure and hedges. With all the nonsense going on in the world, one mistake will cause things to change in a hurry so you have to be invested in oil. The dividend sucks but hopefully that changes in 2024.

[mnztr]

Hope and prayer is all you are left with when the management communicates so poorly and vaguely. Part of me wonders if the CEO was planted there to crater the share price to facilitate a takout at a discount. 

[NewfNewf]

We are small fry so who really knows whats going on behind the scenes. We can only look at the pricing structure and hedges that they have in place for the product they produce. With increase production things will be fine here. That said, Its always possible that a takeout will occur as this is mispriced in my opinion. That -32% will be reversed in one way or another. 

[downwithdotcom1]

As mentioned, does not VET have some of the HIGHEST netbacks due to their EUR Gas prices plus having decent hedges (30% of total production) in place going into 2024?? Another potential posative is some of their EUR nat gas exploration drilling alreading in progress and extending into next year. See what happens...dwdc

[Overertune]

Investors are treating energy companies like commodities prices could crash any minute, so the PE goes lower and lower. overproduction is the main issue. OPEC only controls 50% of the production.  The rest of the world just keep pumping when Brent go above 80$.