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Started By
Message
re: Seadrill (SDRL) has a yield of 0%.
Posted on 11/13/14 at 2:17 pm to I Love Bama
Posted on 11/13/14 at 2:17 pm to I Love Bama
quote:
When you think Oil has bottomed out. I don't think that happens till we hit $70/ barrel and a lot of people think we could go sub $50. If that happens I don't see this company making it.
If we go below $50/barrel, there will be alot more to worry about than SDRL.
2
Posted on 11/13/14 at 2:20 pm to Bear Is Dead
quote:
If we go below $50/barrel, there will be alot more to worry about than SDRL.
Exactly
Posted on 11/13/14 at 3:05 pm to Bear Is Dead
quote:
If we go below $50/barrel, there will be alot more to worry about than SDRL.
Like what? Demand isn't going down in the US, it's just an oversupply of oil on the market. Oil was very cheap before 9/11 and all the middle east turmoil ($20ish a barrel). Our economy was booming then.
This post was edited on 11/13/14 at 3:08 pm
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