RE:RE:RE:Not manipulated just an energy stock VET is very much a viable corporation. First look at their PDP values, those alone support the debt and the share values. Then consider that only in the darkest scenario that you can imagine would their other assets be considered valueless. I know that the Canadian market has ascribed very low values to reserves, land and infrastructure, Yet this is not the case for other countries where VET operates. Therein lies an opportunity for investors, the realisation that VET is being evaluated based on the negativity against Canadian based companies rather than its asset values.\
Similarly with significant assets outside Canada, VET is not solely reliant on Canadian sources for financing.
My comment on nat gas was related to the fact that the shutting in of oil prodution would also lead to the shut in of associated nat gas production . Yet VET has unassociated nat gas production that would take on very high values due to the already projected tightness in the nat gas matket
Well I could go on and on, and already have done so if anyone cares to follow my posts
Carpe Annem!!