- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Who is still holding O&G stocks?
Posted on 1/3/23 at 7:48 am to GREENHEAD22
Posted on 1/3/23 at 7:48 am to GREENHEAD22
I hold individual companies and an ETF with supply companies
The etf had performed terribly
The etf had performed terribly
Posted on 1/3/23 at 9:02 am to SlidellCajun
quote:
Yeah no doubt BP had underperformed in the last decade, but think that are pretty lean at this point. Plus don't want to pay the taxes since it was held in a taxable account.
Think their transition to more renewables will help them medium term
That's the problem, they are sloppily abandoning oil & gas (which looks to have a great 5-10 years ahead after a miserable period from 2014-2020) and going full on into renewables (this is a European company after all). Making dumb overpriced acquisitions in the renewable space, doing projects with questionable economics, etc. Just incinerating capital.
They are more concerned with signaling "clean energy" than they are with making money / return on invested capital.
This post was edited on 1/3/23 at 9:03 am
Popular
Back to top
Follow TigerDroppings for LSU Football News