- 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
Who is still holding O&G stocks?
Posted on 12/30/22 at 11:27 am
Posted on 12/30/22 at 11:27 am
I have sold most of mine except my long-term holds, XOM, COP, RDS.
Thinking about taking my gains and sitting on the side, was breakeven or in the red for years before this year.
Thinking about taking my gains and sitting on the side, was breakeven or in the red for years before this year.
17
Posted on 12/30/22 at 11:32 am to GREENHEAD22
Sitting on a ton. Can’t decide if I’m gonna sit or trim my position.
Posted on 12/30/22 at 11:42 am to GREENHEAD22
I hold PAA, XOM, EPD, and OKE. As well as a several LEAP calls expiring in 2024. Not giving up on the trade.
ETA: They have all been a good balance for my tech stocks getting blasted all year.
ETA: They have all been a good balance for my tech stocks getting blasted all year.
This post was edited on 12/30/22 at 11:44 am
Posted on 12/30/22 at 11:45 am to Triple Bogey
Bought some this morning.
Posted on 12/30/22 at 11:50 am to GREENHEAD22
Feels irrational but want to trim
Posted on 12/30/22 at 11:52 am to thelawnwranglers
I trimmed. It was over 40% of my portfolio.
Posted on 12/30/22 at 11:56 am to GREENHEAD22
Still holding cvx and BP as I have for many years. Just reinvest the divvy and never really think about it
Posted on 12/30/22 at 12:03 pm to UltimaParadox
I would swap XOM in for BP. BP is truly a terrible company.
3-yr returns
BP -8%
XOM +57%
CVX +48%
5-yr returns
BP -17%
XOM +31%
CVX +43%
10-yr returns
BP -15%
XOM +29%
CVX +68%
3-yr returns
BP -8%
XOM +57%
CVX +48%
5-yr returns
BP -17%
XOM +31%
CVX +43%
10-yr returns
BP -15%
XOM +29%
CVX +68%
This post was edited on 12/30/22 at 12:13 pm
Posted on 12/30/22 at 12:12 pm to Triple Bogey
quote:
ETA: They have all been a good balance for my tech stocks getting blasted all year.
Preach! I should have bought more healthcare a year ago.
Posted on 12/30/22 at 12:44 pm to UltimaParadox
quote:
Still holding cvx and BP as I have for many years.
I got into a midsize BP position several years ago off a series of short puts that got assigned. I kept it. Although I’m up about 10% on the equity, what’s made it’s range bound performance bearable is that I’ve sold covered calls against it dozens of times. I’d like to lighten the position, but even with high delta calls, it refuses to leave me.
I’ve got some 36 strike calls that expire on 1/13/23. Let’s see if some shares finally move out of my account.
This post was edited on 12/30/22 at 1:19 pm
Posted on 12/30/22 at 12:46 pm to Texas Tea 123
Yeah no doubt BP had underperformed in the last decade, but think that are pretty lean at this point. Plus don't want to pay the taxes since it was held in a taxable account.
Think their transition to more renewables will help them medium term
Think their transition to more renewables will help them medium term
This post was edited on 12/30/22 at 12:48 pm
Posted on 12/30/22 at 1:04 pm to GREENHEAD22
I have options on VET,CRK, SWN, PR and CTRA.
If oil makes a run to $100 barrel I will begin to unload.
If oil makes a run to $100 barrel I will begin to unload.
Posted on 12/30/22 at 1:20 pm to GREENHEAD22
Ive got DCP, but their dividend is pretty good. I got in during the covid smackdown so it has to fall a huge amount before I even get worried.
Posted on 12/30/22 at 1:27 pm to GREENHEAD22
MTDR is still a good buy. RIG is a good risk/benefit play, but I'd wait for the next price dip which is inevitable. They seem to be clear of bankruptcy risk for awhile and day rates are climbing. I don't mind sitting on my shares with a cost average of a little over $1.
Have a good chunk of VLO with DCA about $71/share. They pay a nice dividend and there aren't any new refineries getting built.
I really like MTDR. Frugal, cost conscious company that has grown during the past three years while reducing debt (could be debt free in 2 quarters depending on how they distribute profits) they have lowered break even costs substantially, increased their midstream revenuse/assets, instituted a dividend and just increased it. It's small. $.15/share but it was .10/share and they started it after the crash when other O&G companies were cutting or suspending dividends.
Have a good chunk of VLO with DCA about $71/share. They pay a nice dividend and there aren't any new refineries getting built.
I really like MTDR. Frugal, cost conscious company that has grown during the past three years while reducing debt (could be debt free in 2 quarters depending on how they distribute profits) they have lowered break even costs substantially, increased their midstream revenuse/assets, instituted a dividend and just increased it. It's small. $.15/share but it was .10/share and they started it after the crash when other O&G companies were cutting or suspending dividends.
Posted on 12/30/22 at 2:14 pm to SmackoverHawg
quote:
RIG is a good risk/benefit play, but I'd wait for the next price dip which is inevitable.
They have been very good to me. I’ve been playing their calls around earnings time.
Posted on 12/30/22 at 4:48 pm to GREENHEAD22
Down to just SU at this point. Sold Cop and XOM. Bought positions in them pre Covid. Jumped on them heavy near their lows. Sold them this year near their highs(long term gains). Just hate not owning them after all these years. Looking at DVN now. Looks interesting. Anyone have insight on them?
Posted on 12/30/22 at 5:05 pm to GREENHEAD22
I have XOM; inherited it from a great aunt whose husband worked for Esso back then as an attorney -- he got salary and stocks. It's split twice since I've had it but we did sell some to balance out.
Posted on 12/30/22 at 5:25 pm to GREENHEAD22
I sold some covered calls.
They may get exercised.
They may get exercised.
Posted on 12/30/22 at 6:16 pm to GREENHEAD22
Me.
A financial advisor has been trying to convince me to sell Exxon and Chevron for a year. I am glad I didn’t. Eventually he may be right but I am staying put for now.
A financial advisor has been trying to convince me to sell Exxon and Chevron for a year. I am glad I didn’t. Eventually he may be right but I am staying put for now.
Posted on 12/30/22 at 9:22 pm to GREENHEAD22
<-----
Got them in 2020 when they were on sale. Getting a very good dividend yield plus the #gainz on the stock price.
Got them in 2020 when they were on sale. Getting a very good dividend yield plus the #gainz on the stock price.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News