Post by
Carbonbull on Jan 16, 2024 8:30am
Well done VLE management team
I belive VLE will be the only producing oil company with negative enterprise value year end 2024 (absent an acquisition) . At brent strip they should add north of $150 in cash to their balance sheet.
If you value growth this is a junior name to cconsider. If on the other hand you are looking for cash distributions avoid this.
Comment by
CravenMoorehead on Jan 16, 2024 9:38am
Valeura intends to maintain a strong balance sheet, in support of its growth-oriented strategy, which includes the potential for further mergers and acquisitions.