RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:VET 124% Dividend Yeild @ $100 oilgeemonet wrote
Was there a real big difference between ducs in 2013-2014 ? Naw.
look. You can nitpick all you want. The duc count was bloated, now it's coming back to normal, this will not equal $100 oil. If you think that.... well, good luck. Hey. I own vet, I wish you were right, but... it doesn't make any sense. They'll just drill more. They aren't drilling cuz they have lots of ducs.... as ducs come down, drilling will return. I know you're a fancy smancy accountant... but ... some times simple logic needs to be applied.
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Ducs shmucks. Pipeless wants his $100 oil and he thinks pumping VET on Stockhouse everyday is the way it will happen.
Oil stock message boards have always been full of pumpers calling for $100 oil and more. A couple years ago before Covid this board was full of them and they got their Ar@se handed to them and disappeared. And now we have a new one.
The few times oil has gone to $100 and more it doesnt seem to stay their for long so i wouldnt count on it to base my cashflow and shareprice predictions on. That is what pumpers like to do.
The good thing is that VET can do quite well with oil around the current price. Anything higher is a bonus.