Post by
divime1 on Mar 28, 2022 11:14am
When Nuttall
was on BNN he said he didn't like VET because they only had 6 years of reserves left .
Today he doesn't like the deal because they bought proved reserves of 20.1 MMboe and total proved plus probable reserves of 49.5 MMboe .
He wants companies who pay out all their cash in dividends and not grow . VET is striking a balance between paying a dividend and growing
Comment by
whoLuLu on Mar 28, 2022 11:23am
Nuttall can go fly a kite.
Comment by
justus434 on Mar 28, 2022 11:46am
This post has been removed in accordance with Community Policy
Comment by
stockmarket1 on Mar 28, 2022 12:01pm
Who cares what Eric thinks. He's only shining because of what WTI and brent are doing. Lets see how his fund performance does when it declines dramatically. And it will at some point. Commodity prices are cyclical....never forget that. In sure alot of energy funds have done well from latter part of 2020 to 2022. Not just his.
Comment by
Cobalt on Mar 28, 2022 12:10pm
and he knows it that is why he wants everything to go back to share holders/fund across the sector