Post by
prested on Mar 06, 2023 1:53pm
It's gonna take a dividend increase ...
...to lift this puppy from the floor methinks. Reducing debt, and buybacks just aren't doing it. way oversold and the wait for reason to prevail is very frustrating. GLTAL
Comment by
RiverCartel on Mar 07, 2023 12:22pm
VET is clost to hitting their debt targets. Once achieved the divy will increase. They are maxing out their buybacks already. Long term outlook for oil productioon and demand is steadily increasing in alignment. This suggests profits will be quite good for the distant future and VET becomes an atttractive buy at these prices.
Comment by
clamlinguine on Mar 08, 2023 11:11pm
You must be kidding. The stock isn't rising because they aren't reducing debt or buying stock, they are buying assets and paying windfall taxes. I wish.
Comment by
mnztr on Mar 09, 2023 3:35pm
prioritizing buybacks over debt reduction is idiotic and shows the mgmt would rather do ANYTHING with the money vs returning it to shareholders.
Comment by
JoeDev on Mar 09, 2023 4:46pm
They haven't bought any shares back in the last 5 yrs. These are all lies by the company. Check the shares outstanding. Same as 5 yrs ago. Lies Lies Lies. I dont know how they get away with it..