@ericnuttall MEG is now giving 100% of FCF to investors, mostly buybacks. If "end of day" volumes are buybacks, this is big!! Look at the charts since early October...
@ericnuttall TMX is completed! Golden Weld (last weld) was made on April 11 2024. Great news for MEG, ATH, BTE ...
Deputy Prime Minister said this in her budget speech: last Thursday, made the final weldβthe Golden Weldβon a great national project: the Trans Mountain pipeline.
@ericnuttall TOU came out with a great press release; 2 new LNG agreements + 4 special dividends in 2024, yet stock down 6% yesterday!? Using this dip to buy more TOU.
@ColinCa92604304@ericnuttall My guess, Baytex bought those shares, as part of their share buyback program, and for Juniper to go from 20% ownership in the company to 10%. All good in my opinion.
@ericnuttall People will wake up at some point. From 2016 to 2021 VET made ~$1.8 Billion of FCF (in 6 years). They will make the same amount of FCF this year (in 1 year !)
@ericnuttall European Nat Gas is on fire, very very good for VET, yet people are dumping the stock as if there were no tomorrow. People have no clue....
@ericnuttall Transaction sounds good to me. According to my calculations, it's only 4 months of FCF for VET to acquire decades of drilling inventory (and loads of FCF). I like it.
@ericnuttall Agreed. VET has never been more profitable, yet it's trading at 28$. It was trading at 50$ during 2017-2018 period!? People will wake up and stock price will go sharply higher soon, IMO.