Ouch. Sorry but you better get used to it. Imo VET is very poorly positioned for its current business environment. Imo the dividend is clearly unsustainable and a business plan that requires one to hope for higher oil prices is irresponsible and puts the balance sheet under unnecessary risk.
Unsustainable dividends often create share price losses that are larger than the dividends paid out. I think you expect a slow bleed with 1 step forward and 2-3 steps back. Share prices in the $20’s likely will soon be a thing of the past for quite some time and only get worse.
Call me any names you want. It increasingly looks like I’m right and likely will remain so. Hopefully VET sees the light and slashes the dividend to reflect the world it operates in today. The sooner the better for the company and its shareholders. JMHO. GLTA.