RE:RE:RE:Oil will it $ 100 Thank you SM!
At cash cost of $48, & $100 oil, that’s $1.313 billion FCF
(using the same ~ 300 mm capex as 2021).
Currently VET mkt cap is $1.43 billion
thus a $1.313 FCF is a 92% FCF yeild @ $100 oil
what do you think the dividend will be on $1.313 billion FCF ????? & say 161mm shares? Insane???? $8 / share??
enormous leverage and upside here