Post by
Roddiggiti on Oct 15, 2021 12:53pm
VUX vs ATU - Better company with 1/4th the Market Cap
Kind of amazing how VUX trades at a $9 million market cap with 1000bopd of light oil production in Canada, yet ATU has nearly a $40 million market cap and they produced 1009boed(heavy oil & gas) last quarter. Yes, they just raised a whack of cash recently, but ATU was in the 20's before any of that happened this quarter. Not only that, they aren't nearly as profitable as VUX, just compared the last two quarters. But I don't think the market has realized the jump in production from Vital Energy just yet. Also the company hasn't been marketed, so it's a sleeper for now.
Comment by
KM24207 on Oct 19, 2021 8:43am
Yes, a bit frustrating but I think if we stick with it and tell the story, this thing could easily be in the $0.45 range at $80 wti so I guess we just need to tell the story for them...
Comment by
Roddiggiti on Oct 27, 2021 9:09pm
A little help from our side will pay off. People will pay even $0.25-0.30 for this story right now as is, if we can get it in front of investors that understand light oil values. VUX has financials out next month, so another profitable quarter will give us a boost.