VTLE

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Lbark
Posts: 146
Joined: Fri Jul 07, 2023 5:46 pm

VTLE

Post by Lbark »

what is happening to Vital? I saw there was some insider selling and I know about the financings but why the continued downside? Seems like a good time to buy some more.
Cliff_N
Posts: 421
Joined: Sun Jul 24, 2022 4:09 pm
Location: Seabrook, TX
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Re: VTLE

Post by Cliff_N »

The same thing that is happening to the entire sector. Part of the herd that is heading south. Both VTLE and CPE are down over 7%.
dan_s
Posts: 37289
Joined: Fri Apr 23, 2010 8:22 am

Re: VTLE

Post by dan_s »

CPE and VTLE are "High Beta" stocks because they have a relatively low number of shares outstanding, so one large sell can trigger a selloff. They are both very profitable at $80 or even $70 WTI.
Dan Steffens
Energy Prospectus Group
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