We closed her at 1024 pence (if the internet conversion calculator is correct) Send her higher! XOM has been outperforming for 2 days now lol. The rest of the energy sector (XLE) has started to recover, hoping we follow suit.
P.S. Screw BP and that nonsense report they put out, of course with them abandoning all oil exploration what else are they supposed to say to their shareholders and the world?
RE: As a shareholder from across the pond.19 Aug 2020 18:39
Also, I found this, looks like RDS may be in the clear as far as US sanctions are concerned.
"Wintershall Dea as a financing party to the project is not impacted so far by any sanctions," Mehren said on an analyst call following the release of the company's Q2 results.
As a shareholder from across the pond.19 Aug 2020 18:34
I can assure you, the roads are packed over here, the situation is a complete 180 degree turn from what I saw in April, May, June. Q3 results will show a positive surprise IMO. GLTA!
RE: In Bed with the Russians.....11 Aug 2020 17:46
Agreed, I read those numbers last night and thought to myself "When they confirm that the oil is there after the first drill, Shell is going to fly" I just hope the cost of pulling those barrels out of the ground is in line with Shell's new "lower for longer" business model.
Agree with the response after yours, debt is only 78b and that is very clear from their financials and their cc transcript :) don't be bashing with lies dude, at least bash with the truth.
RDS is in a strong financial position with a massive warchest of cash saved up. Buy this week, easily double in a year or less as we are approaching the end of COVID.