RE:RE:RE:RE:RE:Question DebtSadieLadyCO wrote: I think you may be wrong regarding selling. The world will need more and more oil as time goes buy and if the price of oill dips below $80 a barrel no one will invest. Tight supply is coming. Also the OIL bears are pulling out every concevable argument against oil and OIL is still above the $90 thereshold.
We can disagree. It's ok. I look at it as it has been an underperformer for years long before the pandemic. They were paying out too much which started around 2013 if I remember correctly (I have already reviewed the financials for past years but forget exact numbers for such) The only way we will see value unlocked is by changing of the entire guard to fresh eyes and perspectives or a sale.
Just my opinion but I feel strongly that's the way it should go.