RE:RE:RE:vet or bteAs I previously stated here.... Even if WTI and Brent declined down to $70 - $75 level --- and thats a large decline from current levels. VET is still raking in a boat load of cash AND.....by that time the debt will have been paid down even more. We're good for a while longer imo. The more VET declines....ample cash at hand to buy. Yup...I welcome it, personally.
mnztr wrote: In 2019 when VET was at this price oil as only $55. So at $90 VET is worth around 45-50. Add corrib and you have $60. Some time in Q2-3 VET will start upping the divy or do buybacks as they really have to in order to avoid being taken out super cheap. In fact IMHO there is already a big risk of this.