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Started By
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re: What in tarnation is going on with the Oil Markets? WTI down $10.00
Posted on 3/10/20 at 7:26 pm to Thib-a-doe Tiger
Posted on 3/10/20 at 7:26 pm to Thib-a-doe Tiger
quote:
but you realize they're paying out the same dollar amount per share no matter what the yield is, right?
If they can cash flow their dividends, nobody will cut them immediately
And like that oxy’s dividend is almost completely gone.
2
Posted on 3/10/20 at 8:16 pm to 632627
Vicki Hollub, CEO of the decade. Buffett must have loved her weak form negotiation. Chevron looking brilliant having exited that deal.
Posted on 3/10/20 at 9:08 pm to notiger1997
quote:
They are 50% owner of the largest oil refinery in North America. We should just take over their part and tell them to fck off.
They own 100% of the port Arthur refinery. Split from Shell in 2017.
Posted on 3/10/20 at 9:44 pm to tirebiter
Colossal failure as CEO. Increased their debt three fold, turned a rising player into an overweight mess. Bragged about the company’s strong dividend, then cuts it by 86%. She’ll be ousted soonest
Posted on 3/10/20 at 10:08 pm to Upperdecker
Pink Petro says your being mean because Vicki is a girl! 
Posted on 3/11/20 at 2:00 pm to 632627
quote:
And like that oxy’s dividend is almost completely gone.
Oxy was just getting realigned after the Anadarko acquisition. They are in for a rough one. They have already made the decision to cut their US rig count in half immediately.
Posted on 3/11/20 at 9:46 pm to redstick13
Posted on 3/11/20 at 9:48 pm to cwill
That is hilarious 
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