RE:RE:RE:RE:RE:RE:RE:RE:Free cash flowHi Nystrom et al,
I agree with the higher values for FCF.
I think we suffer from being logical "moderns" in a postmodern world. We logically believe that the pipe attached to our home providing natural gas has to be attached to a supporting infratructure. And, we are investing in that infrastructure. I am an Albertan, an enigineer, and a modern man.
We are investing here while others are divesting there oil and gas stocks. Oil and Gas companies are necessary, and they have great cash flow. The underlying commodity prices are rising and will continue to do so as the upstream and midstream is starved of investment capital.
The postmoderns are forcing their retirement funds to divest all their "carbon footprint", "evil company" shares.
My belief is that what we think are "shorters" selling VET into a rising market may actually be funds that are being forced to divest and remove the wh$re from their midst.
I also believe that the purging of VET and others from these puritanical funds with their green religious beliefs will end and the new investor base will stabalize. Once stabalized the share price will start to perform based on logical modern man assumptions.
Hopefully sooner than later.
cleareye,
PS, I also invest in some technologies that are not hydrocarbon based. These are good companies that will eventually displace some of our extraction hydrocarbon industries. I am happy with those investments too. I just happen to want natural gas to keep flowing to my home, electricity to operate my computer, and I want to drive my car.
PPS, Who would have thought that wh$re would be a banned word, LOL.