RE:RE:RE:Over $30 (CAN) againstockmarket1 wrote: Good move and hope we're both right because once the mid $30's are reached. The nexthot target would be arounf the $42 / $44 level. If that happens....VET could very well reach over $50 by 2023 if WTI. Brent etc trade over $100.
VET's balance sheet should be a boat load better by that time. What can't they do then with all the FCF they'll be generating?
Chandler97 wrote:
prested wrote: Good solid volume as we edge toward August. Seems the momentum is building as people realize these O&G prices are not going to drop as much or as quickly as the politicians wolud like. Looking very hopeful IMO.
I bought again.....I am saying $36 by August 11th.
What we do know is this....whatever they use the cash for (likely a combination of dividends and buybacks) will all continue to enhance the SP.
For a while the world's outlook on oil and gas drove me crazy....but now, with government's around the world acting crazy, it's good for us investors.