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Re: bbotcs post# 14069

Wednesday, 02/21/2024 7:10:51 PM

Wednesday, February 21, 2024 7:10:51 PM

Post# of 14717
VTLE would have posted above 2.10share eps

on an adjusted basis and on the fully

diluted shares of around 36 million if

posted in 4th quarter, 2023...

Puts a buy back in target for me

in 32 to 34 range at 4 p/e forward...

I'm not paying extra for the dilution...

4th quarter oil production should have

been close to that after NOG acquisition

was done...

So Henry acquisition still looks like it

really more or less diluted common share

holders with high gas production percentage...

And losing is no fun to me...

Sometimes you just have to hit that

reset button...

ERX puts added today...lower gasoline

demand can't keep pushing up oil price...

It's not supposed to work that way...

So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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