RE:RE:RE:RE:RE:Why are people so upset about VET's dividend?Purse, I don't really understand your post. Buy and sell decisions are made with current metrics, what has happened 17 years ago has little importance.
How are you raking it in? The stock is down approx 30% yoy and balance sheet has worsened. What you are saying makes no sense??
I've never shorted a stock but always listen more to the shorts then the longs. I always want to see what they are seeing that I'm not. Shorts convinced me to see LTS and TBE years ago and I'm thankful for that, as those stocks no longer trade.
Tough environment for oil. I pulled back a lot after Geo political risk only took WTI to around $61, really showed how much supply is available. I will reevaluate some stocks when WTI hits $55 to see how they stand up in that environment. I'm sure Shale companies hedged when WTI went over $60, which will increase supply in 2020.
Crunch the numbers on VET with current WTI at 57.13 and they are right at 100% ratio.....no flexibilty.
Still cheering for VET but lost all faith in managemrnt