Acquires and explores oil and natural gas properties. Develops and produces petroleum and natural gas. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
This company is not turning a profit, so the market is pricing its sales instead: 1.6× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 80% of them.
Analysts' average target sits 19% below today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
The price looks reasonable next to what the company earns.
Clearly below the class average.
The stock has been running stronger than the market lately.
Business Quality: Profit power and business quality trail similar companies in the sector.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
The stock trades 55% below its peak. The market has trimmed its expectations for the company.
It pays out $0.38 per share each year — regular cash for whoever holds the stock.
A loss of $471.0M against $1.3B in annual sales. And on top of that, sales fell from the year before.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
The stock trades 19% above the average analyst price target.
On our five-subject report card, VET sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: VET’s sales are going backwards, and it closed last year at a loss. The road back runs through both.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Not covered, because the filings we hold do not carry it: the revenue breakdown.