and then LINE can get back to reinstating the distribution and growing it. High debt can kill the whole company if it is not reduced now. Smart management looks ahead, and LINE has done this. Oil prices will recover, and so will LINE.
it takes guts though.
LINE is hanging tough through this disaster. with their hedges, ...time will tell.
Iran will be another North Korea with Nukes, it is just a matter of time and trickery. very dangerous stuff
Saul Alinsky would be so proud of his liberal Democrats destroying America !
and NOT a good one !!
short sellers are having a hey day crushing LINE and it's shareholders. OPEC is committed to crush shale oil companies. And LINE is in the crossfire. I hope LINE survives this disaster for oil companies.
OPEC has shale oil producers and weak oil companies on the ropes. Iran is a BIG threat to the Arab region, it's actions could actually increase oil prices. contraire ?
to right the ship, and operate under much lower oil prices .
we will see tomorrow. Reducing debt and cutting costs while holding and growing production is a tricky task. But it can be done. Only the smartest and strongest companies will survive this oil downturn.