lj: VTLE
It cannot rally past $70, imo, without a dividend.
At the very least, they could declare a one-time dividend.
Had I not bought those shares at $65, the money would have been sitting in a Government securities money market, which at the time was yielding 4 percent, and now is yielding 4.75 percent or better.
With interest rates this high, people want to be paid to wait.
Vital Energy is not a tech company.
Management need to wake up.