$38 is the next stop and the oil pits are hoping that has some level of stability. No one really knows where oil could fall other than to look at the bottom of $28 last time around. Anyway - COP next stop is 45 and you can print this post on some fine Habana tobacco leaves and then smoke it.
Yea the all including the Board should take $1.00 in salary for all of 2015 what a crock!
Yea and get this! I asked my ML guy couple weeks ago what their target price was for COP rest of 2015 and into 2016 and they said $87/sh Really?! Started to ask him what had been smoking? Same thing on FCX target is $29/sh and stock is $9 & change today!
I mentioned this a while back and some on the board poo pooed. Saudi Arabia and Iran are in a race to see who can pump the most oil. It's bad for the market and its bad for COP. I see COP going to the low 40's which is why I sold
Sentiment: Strong Sell
And Saudis cannot push $ much lower. They have started to borrow heavily. The only issue is what to do about USA overproduction. The Saudi situation is really a catch 22.
Got in at $50 and change, will go in for more at $45. it may be their by mid Sep. Sell some buy year end for tax lose, if stays below $45.
CEO and Chairman of ConocoPhillips, who received $27.6 million in total compensation for 2014 up 17.5 percent, one of the highest increases.
Nope the Divi was closer to 2.5% but the CEO is used to LYING his buns off.. to everyone else
you mean "giving back BORROWED capital"? This yr COP will burn over $6Bil in cashflow after paying unconscionable dividend bordering on fiduciary corruption.
This is a 35.00 stock and a Dividend that will be cut to what is was in 2008... and it WAS NOT 5% either..
I own COP, so I hope you are right. But CEO's are millionaires. What’s the worse that can happen to the CEO, if he is wrong? He gets fired and is given a multi-million severance!!!