RE:RE:RE:RE:Question for allSignifucant too, in valuation of an oil stock is whether it pays a dividend which will boost its DACF multiple.
SG has stated that VLE will pay a dvidend.
Typically, mid tiers used to trade at a dividend yield averaging about 2.5% but that is more volatile now due to oil price volatility.
So, assuming a return to more steady state oil prices, if VLE pays a dividend of, say, 16 cents... 4 cents a quarter...it would trade at 40 times that amount = $6.40 per share