I'm very optimistic on the fundamentals of VUX (USD: SNYXF) Vital Energy with earnings and cashflow in line. Operating production cost of $13 cad per barrel of oil. P/E of 2 based on last quarter when Q1 was 4 cents profits, annually assumed will be 16 cents when oil was WTI $94. The stock price is at the moment 32 cents. Looking at Q4 the profits are sustainable with the oil wells now at.
The importance to put news out 'on the wire' and the effect it can have for Vital Energy (VUX) stock price becomes clear when you look into the price chart of WCE. As multiple investors reached out and convinced management to hit 'news on the wire' for the first time. That is mostly the catalyst for the price increase the first half of this year followed by more investors sharing their DD afterwards online. News on the wire is not everything but clearly a big catalyst to get the ball rolling and let investors find out how undervalued it is. Even being still undervalued based on fundamentals the effects of a 'public' update are very clear. Though mostly fallen now with the market it was a 5 bagger for the first half of the year (7 cents to 35 cents) with more investors doing a DD and sharing info! (At least still a 3 bagger today with 21 cents).
My purpose here is to show the importance of 'news on the wire'. Meaning that the news/updates gets shared to stock websites like Yahoo, ceo.ca etc. but the company needs to arrange this for a small fee. The great DD of other investors and posting on multiple stock sites helped a lot! However, you can see with this clear example how some active input from investors/shareholders can really help out!
Just want to highlight the importance of the catalyst 'news on the wire' here and how the payday can be a lot sooner and better with a little effort seeing how last Q1 earnings/cashflow was 4 cents (Average USD $94 WTI oil - similar as where oil is today!) and that is only in one Quarter (confirming with Q4). Annual is assumed 16 cents and a P/E of 2 with cashflow, no debt and very low production expenses:
A little shareholders/investors effort can go a long way.
Vital Energy contact info: Yingchuan Wu, President Tel: (403) 615-5827 Fax: (403) 699-6990 Email: ycwu@vitalenergyoil.com (info from the last press release: https://www.vitalenergyoil.com/news/news.html) The other contact is Tel: 403-699-9668 Email: mshang@vitalenergyoil.com (company phone: https://www.vitalenergyoil.com/contact.html)
Maybe a not-Dutch phone is more lucky (I am calling from the Netherlands). Here foreign numbers get ignored unless the company can expect foreign calls. Vital Energy seems to be harder to reach than Wescan Energy. I give credit to Wescan management here but just shows how some extra work should really pay off seeing the last 2 quarters for Vital Energy together with the growth plans mentioned in the last MD&A. They want to increase production with 500 barrels in 2022, page 5.
Both companies have great fundamentals making it good comparable while VUX already is making the cashflow. I believe VUX has great potential when investors can convince management to hit 'news on the wire' with either an updated investor presentation / news release / Quarter results end of August. https://www.vitalenergyoil.com/investor/presentation.html
+Shares have been tightly held
