RE:RE:RE:The seesaw battleangelnicky wrote: BP strategy is working, they announced that they are increasing div 4 percent per quarter to 2025 and also buying back shares as long as oil is around 60 dollars a barrel
CEO suncor strategy is not working, management must wake up, and not take pay increases or bonsus on the shareholders back
Shame on CEO and Board
We need a quick change as strategy is not working
Why don't we deal with actual facts?
YTD (excluding dividends)
BP.....+15.6%
SU....+14.8%
Last time I checked my math book that is not much difference.
Both are underperforming the TSX at 18.6%. Which in my books is a big difference. So this begs the question....should you be invested in oil at all as opposed to an index fund or some other sector such as the banks which have significantly outperformed the TSX?
Answer?
Depends on your investment strategy....eg ST vs LT and risk profile.