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re: Who is still holding O&G stocks?
Posted on 1/3/23 at 1:39 pm to Texas Tea 123
Posted on 1/3/23 at 1:39 pm to Texas Tea 123
quote:
Texas Tea 123
Your description of BP reminds me why I’m nervous still holding on to some Shell stock. They have been kissing their European leaders asses the last few years and seem to forget that they need to focus on creating shareholder value.
Still very profitable in some areas, but wasting a lot in green investments that don’t seem like will be profitable for a very long time
This post was edited on 1/3/23 at 4:03 pm
1
Posted on 1/3/23 at 3:06 pm to notiger1997
quote:
Your description of BP reminds me why I’m nervous still holding on to some Shell stock. They have been kissing their European leaders asses the last few years and seems to forget that they need to focus on creating shareholder value.
Still very profitable in some areas, but wasting a lot in green investments that don’t seem like will be profitable for a very long time
Exactly. The Europeans are brain dead and every time I think they can't do anything dumber, they do something I have to read several times to make sure it's not parody.
XOM/CVX/COP/EOG for large cap O&G exposure
BP and SHEL don't know who they are anymore, just torching capital to virtue signal
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