Replies to post #14098 on Viewer's Choice

[littlejohn]

SONY, high oil price in lower demand climate

will only increase speed of economic

downturn already in motion...

https://finance.yahoo.com/news/sony-cut-900-jobs-playstation-144703061.html

New layoffs across different sectors

keep hitting news lines daily...

Sticker shock at gas pumps in April

is hinted at in wholesale gasoline

future's price for April which is no

biggie month for demand normally...

So we watch...LJ

[littlejohn]

betcoin, cut off power to Utah if it is

needed to power bitcoin mining...

https://oilprice.com/Latest-Energy-News/World-News/Texas-Bitcoin-Miners-File-Lawsuit-Against-Government-Over-Energy-Data-Collection.html

China is far ahead of U.S. common

sense in battling excessive energy

consumption for repetitive purposes...


So we watch...LJ

[littlejohn]

VTLE appears a 6 forward p/e beast now...

Better leave selling the $35 or $40

calls to the brave...

Might hold above there on back test...

Refiners not producing much is driving

up gas pump prices, which the oil pumpers

are trying to ride with demand off now...


So we watch...LJ

[littlejohn]

When you see a company hedged at 73

going up a larger percentage than

other oil companies that are making

more off a higher oil price,,,

You have to stop and ponder?...

...what's up?...

so we watch...LJ

[littlejohn]

VTLE share count more than doubled

in 2023...

Common stock, $0.01 par value, 80,000,000
and 40,000,000 shares authorized, and
35,413,551 and 16,762,127 issued and
outstanding as of December 31, 2023 and 2022,

VTLE didn't get any doubling of production

with that share increase due to the high

price paid for last acquisition...


VTLE closed at $41ish price on 3/17/2023

which was a Friday, monthly op ex day...

So we watch...LJ