Vermilion Energy Inc T.VET

as of today which oil stock has most upside?

[mnztr]

Wcp su vet pey cnq? Others ? Opinions please

[navajojoe]

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[Oldnagger]

I agree , as I have some investment in PIPE, They have extensive land holdings in a very prospective location. My concern however has always been with the tighly held corporate structure. In the predecessor company, retail  was burnt with completely worthless warrants . Then with the takeover, the acquirers were given convertible preferreds on very preferential terms. So , I like PIPE but I

[navajojoe]

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[CashGreenGold]

good post Joe

[CashGreenGold]

VET for its operational and financial leverage'

[masfortuna]

OBE, BTE,  and at the top..." ATH"

[Quintessential1]

A lot of these names are back to prepandemic levels or higher.  The laggards seem to be VET and SU. While I hold VET and am long and optomistic for its future growth, I am eyeing SU as I cannot explain to myself why it is still so cheap.  I may take up a small position on the next dip (if there is one).

[mnztr]

Thinking the same re SU

[clamlinguine]

Suncor is more interested in wasting money solar and wind they can f$$$ off.

[Quintessential1]

Funny I thought the reason they were lagging behind was their lack of ESG but I've been mistaken before. I thought this article was pertinent to this conversation and would probably apply to Canadian Energy markets too. https://www.barrons.com/articles/oil-stock-natural-gas-51633103155?tesla=y

[lovesawdust]

I beleive the reason any corporation gets into wind/solar, is the guaranteed, constant tax dollars they receive, due to the capacity market benefits, and they never have to produce anythnig!  It's a guaranteed pay check, and there's no expectation to actually produce what the installation is rated for, it's simply a numbers game!  If Alberta can say "we have 2475MW of

[CashGreenGold]

"But the corporation gets guaranteed tax dollars for the "capacity"!" ....AND THAT'S THE F'KIN SCAM RIGHT THERE

[lovesawdust]

Yup, it's a scam of epic tax dollar proportions, but people are so gullible and easily fooled these days!! But it's sure easy to convince voters they're doing something, isn't it!  Way too many young people seem to think that paying more tax will stop the climate from changing!  Funny isn't it? 

[mnztr]

That is one of the dumbest discriptions of carbon taxes i have ever heard. And i have heard some pretty dumb ones.

[stockmarket1]

I'd say VET and Suncor as well. Vet has had a really good run and I'm not sure just how much more VET can rally from its current level ( under $13 ) and I do expect profit taking to happen this coming week. Why? I read previously that shorts had a few days to cover so, I wonder how much of the rally was due to that? Recent nat gas surge, of course, fueling it too. But Suncor is cheap and

[navajojoe]

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[CashGreenGold]

.....maybe he's short and HOPES it will be?  LOL WHOOOOPS!

[stockmarket1]

No, I don't short! If you've read my posts, I plan on holding VET for several years still and I buy periodically in intervals. I'm just a realist and not a pumper...meaning... Nothing goes up in a straight (per say) forever. At some point, stocks do pull back for better buying opportunities. May it be 2,3,5 or whatever percentages here and there, but, they do pull back. That's all

[CashGreenGold]

funny you just warn us now when the stock's finally breaking out   this has a long way to go  it was a $50 stock when oil was $50 2-3 years ago

[stockmarket1]

Yup

[mnztr]

VET can easily double without the - impact of hedging. IF prices stay high. Of course. The balance sheet will fix itself very quickly if prices stay high.