RE:$35-37 TodayExperienced wrote: What are you guys putting in your coffee!!!!
1....when they cut the dividend the price change was less than $2 the next day
2....oil price is down over a per cent
3...more importantly - SU mgt totally blindsided The Street with the doubling of the dividend. This is never a good thing
4.....with the dividend increase costing about a billion dollars a year mgt has basically confirmed that they have no plan to grow the company especially in areas outside of oil.
And that's a good thing.....