Replies to post #13486 on Viewer's Choice

[littlejohn]

DVN 45.6, approaching 7% dividend yield

area with recent .77/share dividend

announced for next payout...

Free cash flow has been good...

https://finance.yahoo.com/news/devon-energy-corp-dvn-reports-214517497.html

De Bears are still using Historically

high oil/gas pricing results from 2022

to compare companies with in 2023

at still very healthy oil/gas pricing...

Wall Street just picks what sector to

pick on and bands together...

And the Wall Street reputation stays

intact from the General Public view

with that kind of banding together...

It is not a Bad thing to own oil/gas

companies that help keep the economy

moving and also pay nice returns...

Actually just looked at no news headlines

at a bigger broker on a big oil/gas company

watchlist with no news since the 8th on any

of those companies in the mega industry...

Wall Street earns their Public Perception...


So we watch...LJ

[littlejohn]

VTLE $182/share land value in Permian Basin

at $20,000/acre on 250,750 acres

after latest acquisition closing...

That is a new full share count estimate

using 27,500,000 shares...

VTLE updated website finally...

https://vitalenergy.com/operations/

https://finance.yahoo.com/quote/VTLE/key-statistics?p=

VTLE production exceeded 100,000 BOE

net per day in 3rd quarter of 2023...

Add new production from about 52,000

net acres added from 3 latest acquisitions,

cost averaged over $21,000/acre...

VTLE yields over $110/share on land value

if you subtract debt/share, but then you

need to add back the value of production...



This market prices oil valuations at

depression era levels on VTLE...

So we watch...LJ