Post by
dandu1924 on Sep 09, 2024 3:26pm
RED AGAIN
Back in the red again and over again.
Dividend= nothing
Buyback= nothing
Debt reduced=nothing
etc including the WTI in green.
So there is a serious problem in the oil sector and oil stock toooooooo.
Comment by
Hellboy1 on Sep 09, 2024 4:05pm
The problem is the share price is two high for the price of oil, The stock should be at 3.80 for 68 oil.We will have to wait till 71 oil, before the stock starts to move to the up side. Poor management,To many shares,To much debt, Little reserves for debt and shares.We go in to recession, I would hate to be debt holders of this company.