RE: Bankruptcy
Blame OG, if you are not a fear monger, what are you with a post like that? Yes, VET has debt ,as does every other oil company. Also the hedges may not suit you or be perfect, please name all the oil companies you know that have 100% golden hedges that foresaw this calamity befalling the oil industry or this virus coming out of nowhere to disrupt the world economies to this extent. Any why do you bother to post here as you are obviously smarter than the rest of us and only invest in companies with no debt and fantastic hedges. And if we do go bankrupt, many others will fall before we do, and very few will be left standing. The oil markets will have to balance at some point as 20.00 or 30.00 dollar oil just will not work for long. GLTAL