RE: Few reasons to own now with the dividend gone1 May 2020 13:39
More likely a scrip div as seem intelligent. BP was doing well until this virus turned up are more focussed and they can break even well below Browns old $60 level whereas Shell is burdened with all the debt and baggage of BG purchase not to mention its other problems. Difficult to value RDS because as the CEO wrote on April 16 from now on they are not the same company. Their budget is being rewritten. The divi is reset quite low I think but they will be ridding of capacity that will pay it. But their future depends upon how they
re- route themselves - there is still an availability of combustion oil but to balance with renewables and the respective costings - investment and production in supply but also in output prices affected by fluctuations in demand and competition in supply and demand purposes!