Post by
EnergyWatcher55 on Feb 14, 2022 4:18pm
VET valuation too rich and it pays NO dividends
Remember the old days when VET was paying MONTHLY dividends at $0.23 per share? VET wants to bring back the dividend but on a QUARTERLY basis and only $0.06! This share price is way too overvalued.
Comment by
mnztr on Feb 14, 2022 5:45pm
Divvies are a small factor in share price. WTI is now $95. Yet the stock went down. At this price the stock is worth at least $50
Comment by
EnergyWatcher55 on Feb 14, 2022 5:57pm
You're so wrong. You are comparing VET when it was paying out HIGH MONTHLY DIVYS. Check your history books!
Comment by
EnergyWatcher55 on Feb 14, 2022 6:03pm
Totally agree. Every earnings report since 2019 has always ended up with huge selling. Always a surprise with VET-low volumes, natural declines, mainteance issues, France issues, not knowing how to report DEBT, Hedge---why on earth is it hedging its oil for 2022?????