"there have to be a lot of investors out there who don't ever want to own VET again"
 
....the price performance says you're exactly right.
But, it's their loss if so. 
 
When the dividend comes back next year, I have a hard time seeing this company staying at $13.
 
Briefly-
 
[this has the corrected Capex per bbl amt]

from their slides all in cash cost ~ $42 / boe
 
~ 86,000 boe/d for last ER - (31,390,000 / Year)

 
On 162 mm shares o/s, and $82 oil ...
that's ~ $1,255,600,000 FFO / year
less $375 mm CAPEX
 
SO APPPROX  $880,600,000 FCF
 
 
 
Mkt cap is $2.109 billion
That's a 41.75% FCF Yield at $82 oil.
 
 
on 162mm shares, you're looking at $5.43 in annual divs (at $82 oil), if they paid all FCF as a Div.
 That kind of Dividend is just stupid for a stock this cheap...
 
The ppl "who will never own this stock again" will be made to look like FOOLS" "