One Dollars a share FCF per Quarter - It gets better in 2025In Q3 VET had roughly $1 per share in FCF, that is $4 dollars per share for the year.
If they maintain the dividend at 48 cents a year that is $3.52 cents added to the balance sheet yearly.
Four dollars a year is, on a $14 dollar stock is 29% FCF return a year.
So you get roughly 3.5% dividend, and 25% capital appreciation per year on the balance sheet.
That is they keep production flat and don't increase it, the returns go up..
VET should be trading much higher and is a really mispriced.
IMHO
MHP