What a Smug Arrogant #$%$ Ant you sound like. I hope you`re not as Big of an #$%$ outside of your internet persona. I doubt it though. No one wears SMUG well.
Just curious, based on your posts I assume you're also protesting removal of lead from gasoline. Same junk science as global warming. Hate those whako tree huggers messing with our fuel supply. I swear, the lead hype is like a religion. Just like anthropogenic climate change.
Go get em!
If you read the article, it clearly talks about reinvesting the dividend and it therefore "compounds." And yes, this is over a long period of time. The "secret" is nothing more than the concept of how that value increases because of compounding interest over time.
with the divi increase coming later in the year and strong earnings it seems to me 85 would put it in line with its peers, but actually COP is doing better than most with production so we could theoretically see 90s this year
a more apprpriate comparison would be the corn ethanol additive dbacle . Government actions are the worst results of bad science ,,those same scientists who gave us peak oil
Mandating increases of the cost staple food for millions and why? Because the lobbies told them to. No, can not make ethanol out of non-food plants, has to be corn. Other non-food plants are actually better suited as to yield and production costs.
Smug? Like holding a champagne glass over your exit hole to capture your gaseous emissions for their fragrance? You know, like on the South Park episode where they all bought a Prius and caught their farts in a glass to enjoy because theirs do not stink like everyone else in the world, except them.
Is this man stupid or something? I bet I can make a better call without any personality changes.....
In a report published Friday, Bank of America analyst Doug Leggate reiterated an Underperform rating on ConocoPhillips (NYSE: COP), and raised the price target from $75.00 to $77.00.
In the report, Bank of America noted, "We expect a top line growth outlook that lags peers while a substantial step up in exploration capital lacks the track record, prospect surety or materiality to move the needle, albeit we acknowledge the option value as part of the investment case. Taken together with a near term capital outlook that we view as substantially more capital intensive versus peers, we struggle to justify how COP can sustain a premium multiple vs. the peer group."
@crewface, you are correct. Miscantis and other prarie grasses would have been far more efficient than corn for use as bio fuels. But, mandating that ethonol be produced from corn was financially more beneficial to politicians.