RE:RE:RE:RE:RE:Dividend percentageBinkie wrote: Look at VET, producing over 85000 boed with a current market cap of 4 billion. For us to be potentially valued at 3billion seems disproportionate based primarily on a dividend yield , and at $20/ share due to projected future dividend yield, that's where we could be. I'm not sure how to reconcile that type of discrepancy. VET is a cash cow as well generating FCF of 305 million in q1 compared to CJ's 56 million. That type of comparative makes me ponder the maximum we could be valued at with production of 21kboed? I'd love it to be $20 I'm just not sure I'm being realistic?
by the time CJ hits 20, VET might well be 50. All of these small and mid caps are going to be pumping out cash flow. If prices remain like they are, VET will crank up its dividend.