RE:RE:RE:RE:RE:National Bank on VET - $53My guess is that the market will want a 15 % fcf yield and a 6% dividend yield once debt is paid down.
With 15 $ fcf very likely as a result of this higher pricing environment , we are looking at a $100 share price in less than a year from now. Even without, higher petroleum prices, VET is extremely well positioned to get the $15 per share FCF target via share buybacks given the current extreme under evaluation in share prices.
What I said previously about PEG values is still very pertinent. But the market is still in a SHOW ME attiude.
Well Vet , Let 's SHOW THEM !!