Post by
Trunorth2019 on Aug 16, 2021 7:49am
Net debt increased quarter over quarter?
Did I read this wrong? Very frustrated with this company. This is coming from a long term holder since 2018. Not trying to bash it but these results were much beliw my expectations. The net debt is still at 2 billion approx. just brutal in my opinion.
Comment by
EnergyWatcher55 on Aug 16, 2021 8:19am
VET bought hedges with FCF. Hedging it NOT FREE.
Comment by
TickerTwit on Aug 16, 2021 9:41am
Net debt is an accounting trick. You should be examining changes in interest-bearing debt. .
Comment by
Tommy123 on Aug 16, 2021 10:25am
This post has been removed in accordance with Community Policy
Comment by
Divypro on Aug 16, 2021 10:29am
How do you justify that garbage comment on a very healthy company?
Comment by
Trunorth2019 on Aug 16, 2021 11:10pm
Thank you all. I read most of the release now and they did outline this. I am still frustrated to say the least. I think things have gone more slowly than I anticipated. Not really sure why this tanked as much as it did today. I think the market expected better results. It's probly just a VET thing. It seems to be viewed very negatively.