RE:Great news-divy is coming back and debt is way down!EnergyWatcher55 wrote
There is some optimism here with these quarterly results. I was surprised that VET announced it will being paying out divys so soon in Q1 2022, and I said before it will be 5%-10% cash flow. Also, debt at the end of 2021 is expected to be $1.65B and in 2022 less than $1B! These results are much better than was forecasted at the beginning of this year. For those who expected a quick return to 0.23 cents divy per share monthly-dream on.....No oily company would do this. This is prudent and disciplined approach.
Looks good from here! I would'nt be surprised if VET hits $20-$25 soon.
Good luck to all.
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Yes there seems to be a lot of optimism on this board and all the longs are happy that the shareprice has doubled in 2.5 months and now we have an excellent quarterly report with a dividend starting soon.
Yes all the longs are happy that is except for one supposed long Quinte the useless. He has done nothing but bad mouth VET and now after an excellent report he spends his evening arguing and calling people names on Stockhouse while the rest of us are counting are profits.
Its almost as if the more the stock goes up the more money hes losing.