RE:RE:Eric Nuttal said 10% - Vet is beating (616 mil FCF) 28%Good question, the issue is this, VET generation $1.00 dollar a share a quarter in FCF, and it is only a $14 dollar stock.
So it essentially should go up almost a dollar a quarter because, it is only paying 12 cents dividend and 88 cents a quater is accretive to the share value.
The stock is to cheap and should be rerated, until then is a opportunistic buy.
It will not last long at these prices with strong fundamentals.
It a great option play because it adding 4 dollars a share in FCF a year, and moderately growing production.
Opportunistic Buy is my rating
MHP
IMHO