#Valeura Energy announces voting results from its annual general and special meeting of shareholders held on 14 May 2026: shareholders approved all proposals.
$VLE $VLERF
https://t.co/3j5ocAhUqM
@kiddowstuff Any chance last dcl also was an ICL.. I mean it did have a weekly close under it's 10WMA, under it's weekly uptrend line, and had what could qualify for a bloodbath fase.. if we manage to close above the 10wma this week would that not confirm the ICL is in?
HORMUZ MINE CLEARANCE COULD TAKE SIX MONTHS
Clearing Iranian mines from the Strait of Hormuz could take up to six months, the Pentagon told Congress.
Officials say the operation likely won’t begin until the war ends, meaning disruptions to global trade and energy markets could last well into the year or longer.
@ColinSt30481392 Any possibility that we just printed an ICL as we closed below inclining trendline and 10WMA and also had what looks like a bloodbathfase.. crude oil looks the same as well
Yes yes I know the market is always right, but I don't care so I bought a bunch more of $vle shares.. my basement math tells me that revenues for april (if storage plus new production is sold) will be around $250 mil !! #oil
The Strait of Hormuz is blockaded.
Europe's plan?
Ursula von der Leyen: "The cheapest energy is the one you don't use." Stay home, don't drive, don't use electricity.
The EU has no plan and no military to change do anything. So they are stuck with "monitoring the situation"
There is no "old normal" to go back to. We'll have lost over 1,000,000,000 barrels of production, taken inventories to all time lows, created ~0.4MM Bbl/d of new demand via SPR restocking, created a $10+/bbl risk premium, + damaged facilities and potential reservoir damage.
So oil won't fall below $90 until atleast november, and that's coming from the mouth of one that manipulates prices lower on each occasion! I think it's time to re-evaluate the NAV on #oil stocks
Long $vle!!
@thejbullmarket Lol does it change the fact that 11 mil barrels are shut in? Even if those kindergarden numbers were true it would need to be drawn from storage, which tend to be bullish oil prices!! Not to mention that a huge part of the oil tanker fleet are stuck inside the straight
@HuntingAlphas@WatcherGuru Just remember that both pipelines were in use (in lesser degree) before the conflict so it would be more like west pipeline +5 mil (if the 7 M is correct) at fujeira pipe (+1M) still aignificant though
@GavMcCracken If you think $vle arent undervalued I look forward to see your picks.. I personally haven't been able to find picks that have healthy cash position, can survive low price enviroments, great management and trades at very attractive EV/DACF .. from a R/R perspective it's topnotch!
@RealPeterLinder You are missing a detail here.. vle had 1.225 mil barrels in storage 31.03.. thats 2 months of production.. when they unload that in this price enviroment Q2 report could be 4 months of production sold at skyhigh prices! Tax pools will make os build crazy amount of cash!!