Post by
EnergyWatcher55 on Mar 04, 2021 4:20pm
VET-whats not to like?
VET is intrernationally diversifed. Not PIPELINE dependent (such as the vetoed Keystone XL).
VET has oil pricing in light oils, condis, and BRENT oil which today clocked in at $67 US.
VET does not produce HEAVY oils. No oilsands discounts.
VET has European nat gas priciing which is surging.
VET has a LOW outstranding share float at 158 M. No DILUTION.
VET is a leader is ESG.
VET employees own 5% of shares. They all have a vested interest VET.
Based on OPEC's support for oil and US shale oil off by 3M barrels, VET should reduce its debt SUBSTANTIALLY.
Even VET did not predict oil in the $60s this early.
The buyers are coming back. Look at the % increase today compared to the other oily names.
VET Mgmt is determined to right the ship, and if all goes well, whats not to like?
Congrats!
Comment by
Westcoastenergy on Mar 04, 2021 5:33pm
This is not the VET board. Get lost and take your pumping there.
Comment by
Paddy902 on Mar 04, 2021 9:02pm
Doubled up on WCP today, not sure about $10 this year, but didn't predict the downside correctly and would love to be as wrong in the other direction. Happy to see $8-9. And I have some VET...lol.