Two guys debating here VII vs TOUMy thought; VII will be the biggest winner after Q1 reporting.
Two companies are quite different: VII produces 58% liquid while TOU produces less than 20%. With oil price rising and natural gas rumbling, the answer of who is the winner is very clear .
Simply see the cash flow of 2017 from last year you can draw the same conclusion:
VII fund flow; 404m in Q4 VS 1228m full year.
TOU fund flow: 348m in Q4 vs 1205m full year
it is very clear that VII fund flow is growing much more quickly with oil price rising.