- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- 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
Oil drilling companies
Posted on 4/17/20 at 2:12 pm
Posted on 4/17/20 at 2:12 pm
For a long hold would it be wise to invest now?
Posted on 4/17/20 at 2:24 pm to GeauxtigersMs36
H&P might be the only drilling stock I'd consider touching.
Posted on 4/17/20 at 2:46 pm to GeauxtigersMs36
No, it's going to get worse before it gets better.
Posted on 4/17/20 at 2:49 pm to Enfuego
quote:
H&P might be the only drilling stock I'd consider touching.
Dividends are around 10% at the current stock price. Great purchase. Company is run really well too.
Posted on 4/17/20 at 3:22 pm to LigerFan
I like dividend stocks. Thanks.
Posted on 4/17/20 at 4:41 pm to GeauxtigersMs36
I am sitting in the GOM trying to wrap up a $300M project.
Trust me when I say, don't touch anything in O&G right now.
Trust me when I say, don't touch anything in O&G right now.
Posted on 4/17/20 at 5:23 pm to GREENHEAD22
Unfortunately, I hear many people say the same thing.
Posted on 4/17/20 at 5:27 pm to LigerFan
quote:
Dividends are around 10% at the current stock price. Great purchase.
Sustainable 10% dividend. Solid advice.
Posted on 4/17/20 at 5:53 pm to GeauxtigersMs36
You don’t want any part of offshore drilling
Posted on 4/17/20 at 8:24 pm to GREENHEAD22
quote:
Trust me when I say, don't touch anything in O&G right now.
Buy high and sell low
Outside of a company going bankrupt I don't see how this is a bad time to buy if you are planning to hold this until retiring in 20+ years.
This post was edited on 4/17/20 at 8:28 pm
Posted on 4/17/20 at 8:36 pm to tgrbaitn08
Chevron and Phillips 66. That’s about it.
Posted on 4/17/20 at 9:01 pm to Sum3rian
I don’t have Chevron yet but I’ve been watching it.
I’ve been having COP and PSX for 15 years. Even before the split.
I’ve been having COP and PSX for 15 years. Even before the split.
Posted on 4/17/20 at 10:53 pm to GeauxtigersMs36
$18 oil, go for it brah!!!
Posted on 4/17/20 at 11:27 pm to cwill
quote:
$18 oil, go for it brah!!!
$18 oil or $60 oil, it is still too expensive and will continue to die a slow death as long as there are cheaper extraction options.
Posted on 4/18/20 at 7:55 am to GREENHEAD22
I’d say that’s a very broad statement.
Steer clear of offshore drillers and other equipment companies related to O&G but the majors are not necessarily bad at these prices. Great dividends to be had too.
I like Philip 66, BP, Chevron.
Steer clear of offshore drillers and other equipment companies related to O&G but the majors are not necessarily bad at these prices. Great dividends to be had too.
I like Philip 66, BP, Chevron.
Posted on 4/18/20 at 8:33 am to GeauxtigersMs36
Honestly after doing a little research it appeared that Royal Dutch Shell and Phillips 66 were more prepared to survive this downturn. I bought 10 stocks of Phillips about 2 weeks ago and will hold. They were averaging in the 100 range prior to the downturn and dipped into the 50-60 range, probably will dip further.
Posted on 4/18/20 at 11:56 am to AaronDeTiger
quote:
Outside of a company going bankrupt
Yea outside of being completely wiped out of my entire equity position, what could go wrong.
Posted on 4/18/20 at 12:11 pm to GeauxtigersMs36
(no message)
This post was edited on 12/17/21 at 10:03 pm
Popular
Back to top
Follow TigerDroppings for LSU Football News