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Vermilion Energy (TSX:VET) Allowance For Loans And Lease Losses


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What is Vermilion Energy Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Vermilion Energy (TSX:VET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (TSX:VET) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3
Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.
Executives
Robert B. Michaleski Director