RE:OILI follow WCP and CJ, they are both up in the last year, while VET is down approx 40%, real tough comparison. Oil price is important and you need a management team that can function in a low price environment, which VET doesn't have. Incredibly incompetent.
VET is geographically diverse which I always liked but the Brent/WTI differential has really tightened lately which will hurt their profits.
I hope VET can stay above $18 this week but lower oil prices really hurts VET as their budget has very little wiggle room compared to a lot of O&G companies.