Vermilion Energy Inc. (VET)

Something to consider, the quarter just reported was April, May and June. During that period Dutch NG TTF pricing was around 95$ on average. We are 1/2 way through Q3 and the price is averaging $175 so far with today's pricing being $225 so the average should go higher. That's going to be 2X the profit on all those NG sales in Europe this quarter.

Back to 33+ just like that. My very few greens out of everything red today.

Vermillion outshines all peers. Think before you sell it. Nothing better than this jewel.

$40 coming soon!!!!!!!!!!!!!!!

Green Day.
No signs of Timber or Anna Banana.

For some reason OBE is up over 8% today

Looks like some buy back happening today

VET and ET
2 great ones

Hedgers and shorters save your skin as Vermillion is one share you should not mess around.

Slow and steady into 2023

NG at highest point since 2008. What a windfall !

VERMILION ENERGY Return of Capital Strategy.

Vermilion said it plans to return 25% of its free cash flow to shareholders in the second half of this year and up to 75% in 2023 through a combination of share buybacks and regular and special dividends.

70 percent of sells today was CIBC

$2.20 EPS vs $1.67 expected
$858M REV vs $678M

TTF is north of 220 now.... the futures for TTF are also insanely high, VET is just patiently waiting and progressively hedging that 2023 EU gas production at absolute INSANE prices. yet the stock barely moves.

France now have 85% of their gas tank filled. That is good for 54 winter days. Germany is at 76% of their capacity. On August 16

Been in since January ‘21 at $8.27 and boy is she still cookin 🔥

Green Friday?

Today’s reversal hurts. Hope VET can recoup some by closing +3% to -3%

NCIB will ROAST shorts! less shares to borrow from. if earnings are good, expect $40USD by year's end.