Post by
RevT79 on Apr 15, 2021 11:31am
This should be at 12$
Easily 12$ with the price of oil at 63$
We can't stay above 9$......
just mind blowing!
Comment by
ThatAlbertaGuy on Apr 15, 2021 11:46am
i agree , but guess we will just need the solid Q1 numbers to support that . Just have to hold on while shorties play their games .
Comment by
RevT79 on Apr 15, 2021 12:52pm
It's kinda laughable wti and brent are goin up and where heading down..... what I'm I missing here?
Comment by
Overertune on Apr 16, 2021 2:38pm
They have to come up with a plan to return to dividend. They don't need to pay off debt first. maybe any FCF above 400m goes to dividend or sth like that.
Comment by
stockmarket1 on Apr 16, 2021 7:52pm
Some I-diot believes Vet will sink below $6 ( $5.85 ish). Anyone else think that?
Comment by
Backinblack1000 on Apr 18, 2021 10:05am
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Comment by
Tommy123 on Apr 18, 2021 5:35pm
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Comment by
Natgasbc2021 on Apr 18, 2021 8:46pm
I made a pile on VET in a month between Feb 19th and Mar 19 flipped back in over last week should have sold Friday morning on that reversal.. Im still a few pennies green on my recent buy but looks and feels wrong after Friday.. I will have itchy trigger finger tomorrow morning depending on WTI tonight/pre market...
Comment by
Oldnagger on Apr 18, 2021 9:22pm
Prairiesky will be reporting Q1 after market close tomorrow. This is significant as they will be the first to report , and as a royalty trust are fairly broadly based. Q1 CF vs Q4 CF for the industry is expected to be up by about 40% Be careful about which way the gun is pointed if you are suffering from itchy trigger fingers !!
Comment by
Oldnagger on Apr 18, 2021 9:56pm
OTOH Trudeau 's budget will be out also. What is he thinking? Don't know it doesn't seem to happen very often !!
Comment by
Moemoney42 on Apr 18, 2021 10:46pm
Exactly Oldnagger.. these royalty companies can be a proxy for the producers going forward.. Fact.. my royalty cheques have risen every month this year and it will be the same for all players.. the big difference is how they manage the increased revenues which will seperate the men from the boys.. ;-)
Comment by
Oldnagger on Apr 19, 2021 6:09pm
Major take away from PSK is that both Crude and Nat Gas pricing were up a bit over 30 % on on unhedged basis(vs Q4 2020) they lost a small portion of their nat gas volume due to February freeze offs.
Comment by
Moemoney42 on Apr 19, 2021 6:55pm
Yes they put up some good numbers for Q1-21... most companies should be able to have those same advantages with firm pricing.. now of course the heavily hedged might not be as impressive.. but with that being said.. no company hedges 100% of their production so these price increases should benefit them all... some more than others though.. ;-)