- 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: Time to buy some XOM(Oil stock discussions)?
Posted on 8/25/15 at 3:58 pm to Iowa Golfer
Posted on 8/25/15 at 3:58 pm to Iowa Golfer
From a long-term standpoint, does it make much of a difference which big name oil company you choose if you're going to DRIP it? XOM, CVX, COP all have strong dividend histories. BP does too excluding 2010. RDS may also be worth considering. Any strong opinions here?
This post was edited on 8/26/15 at 7:14 pm
1
Posted on 8/25/15 at 5:35 pm to Grits N Shrimp
I bought rds today
Posted on 8/25/15 at 5:54 pm to white perch
RDS is a good buy for a long term hold. You have about 6% downside that costs you zero in opportunity cost. Probably more than 6%, but I'm ballparking. Could be closer to 10%. There's a fancy formula for that, but just hold it and forget it. I would reinvest dividends on this one.
Posted on 8/25/15 at 6:53 pm to Iowa Golfer
quote:
reinvest dividends on this one.
That's the plan.
Posted on 8/25/15 at 7:35 pm to white perch
I agree. With a long term time horizon, accounting for economic cycles, I think several of these will provide the holders with some nice passive income in years to come (despite what some claim about dividends) and likely some decent appreciation along the way.
Posted on 8/25/15 at 8:27 pm to Jag_Warrior
I see opportunity for appreciation with RDS but they only have 3 years of dividend history. Why would you rely on that?
Posted on 8/25/15 at 8:35 pm to Grits N Shrimp
I chose rds because I already have xom, cvx, and cop. I just thought I'd spread it out a little more.
Posted on 8/25/15 at 10:21 pm to white perch
Sound logic
Posted on 8/26/15 at 11:20 am to white perch
quote:
I bought rds today
Welcome to the club! RDSB and COP are my two biggest major oil holdings.
Posted on 8/26/15 at 11:24 am to Grits N Shrimp
Posted on 8/26/15 at 11:33 am to Fat Bastard
Interesting. It shows up on Yahoo, but not Google finance. Wonder why. Regardless, it appears COP and RDS.B are your large cap oil companies of choice. Curious, what was the deciding factor when evaluating the top 5 or so?
Posted on 8/26/15 at 11:55 am to Grits N Shrimp
I have business ties with RDS. COP was a great value and had a better dividend rate than the others when I got in. There is nothing wrong with XOM or CVX. I simply was spread out with other energy companies and I got better values with the others at the time, many of which I sold and took profits. XOM and CVX had higher entry points and lower dividend rates at the time.
Posted on 8/26/15 at 12:59 pm to Fat Bastard
Based on the balance sheet, position in the market, and risks ahead, I think XOM is the best buy of the majors right now. RDS is second on that list for me.
Posted on 8/26/15 at 1:41 pm to TigerTatorTots
quote:
I think XOM is the best buy of the majors right now. RDS is second on that list for me.
Definitely a MUCH better buy now than it was when i got in originally based on entry price and dividend rate/dividend yield. If COP and RDSB continue dropping I will continue to DCA my positions on the way down AND at the same time getting more shares via dividend reinvestment!
Posted on 8/26/15 at 8:24 pm to Fat Bastard
what's the difference between RDS.A and RDS.B? I have RDS.A fwiw
Posted on 8/26/15 at 8:35 pm to white perch
RDS-B is for US based investors. RDS-A is subject to an additional 15% tax
Posted on 8/27/15 at 8:41 am to TigerTatorTots
What about in a roth
Posted on 8/27/15 at 8:48 am to jimbeam
Not sure on that one
Posted on 8/27/15 at 9:59 am to TigerTatorTots
Just sold all my A shares for a small profit. I'll buy B shares when that money becomes available.
Posted on 8/27/15 at 10:16 am to white perch
quote:
Just sold all my A shares for a small profit. I'll buy B shares when that money becomes available.
I just put in a order before market opened today for more RDSB.
Page 12 of 15
Popular
Back to top
Follow TigerDroppings for LSU Football News