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re: Oil stocks...are you buying?
Posted on 1/13/16 at 8:31 am to geauxpurple
Posted on 1/13/16 at 8:31 am to geauxpurple
The big majors have earnings problems but plenty of cash. At this point reduced dividends should not be a concern for the majors. Now if we are at 40 a barrel 5 years from now they may burn through a lot of cash.
1
Posted on 1/13/16 at 8:40 am to LSUFanHouston
quote:
At this point reduced dividends should not be a concern for the majors
Even if there is a reduction, I don't see any kind of elimination occurring.
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