Post by
Moemoney42 on Oct 17, 2022 11:24am
Room for dividend increases IMO
This quote is from a Fiancial Post report... lots of $ to return to shareholders at some point soon.. IMHO
"Last month, a report from environmental think-tank the Pembina Institute said Canada's oil and gas sector is estimated to earn a profit of $152-billion in 2022 due to the war in Ukraine and the resulting commodity price boom"
Comment by
Moemoney42 on Oct 18, 2022 3:33pm
I'm sticking with a modest increase in the divi for Q4 to $.10/quarter.. a ~1% yield currently is too low and NCIB's can only do so much as there's a limit to the amount of purchases.. actually they should double the divi to get the yield to at least ~2% to attract $ to the stock.. IMO..
Comment by
stockmarket1 on Oct 18, 2022 6:51pm
a 2% increase towards the Divy would definetly be achievable given that the commodity prices are well above VET's threshold which is around the $60 level. Commodity prices willl remain firm well into 2023 and for that reason, VET needs to to further pay down debt quicker.
Comment by
stockmarket1 on Oct 18, 2022 6:52pm
a 2% increase towards the Divy would definetly be achievable given that the commodity prices are well above VET@s threshold which is around the $60 level. Commodity prices willl remain firm well into 2023 and for that reason, VET needs to to further pay down debt quicker. The balance sheet is crucial going forward. @@
Comment by
stockmarket1 on Oct 18, 2022 6:52pm
a 2% increase towards the Divy would definetly be achievable given that the commodity prices are well above VET@#39;s threshold which is around the $60 level. Commodity prices willl remain firm well into 2023 and for that reason, VET needs to to further pay down debt quicker. The balance sheet is crucial going forward. @br /@ @br /@
Comment by
stockmarket1 on Oct 18, 2022 6:54pm
I'm not sure why my comment below is shown 3 times!? Weird!