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re: Oil stocks...are you buying?

Posted on 1/12/16 at 11:01 pm to
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2797 posts
Posted on 1/12/16 at 11:01 pm to
I have shares of XOM that I bought back in 2010 that I am still in the green on. I will consider buying more if it drops in the low to mid 60's. I'm also considering Shell (RDSB) because it has paid a steadily increasing dividend since World War II. It has been beat up more than XOM. I took some profits in 2015 and am leaning towards buying round lots as, and if, the price keeps dropping.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2797 posts
Posted on 2/1/16 at 12:51 pm to
I'm watching Shell today. Based on recent history they should declare their next dividend by today if not last week. If they don't cut the dividend I will probably buy a couple hundred more shares.
This post was edited on 2/1/16 at 12:52 pm
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