the dividend cost the 25 million.... they sold a property a couple months back for 500 million and their hedes keep them profitable .. the div is no big deal
so a 40% return warrants a sell??
ok .. the whole market had no expectation of a cuts by opec going into the meeting and initial leaks said not production cuts discussed ....thus oil mildly down.. now going into dinner and late night it will
leak that there were in fact discussions osf target objectives ... watch out shorts
ps your statement would indicate that vol would be up on all Oil E & O but its not .. this is specific to EXXI
ok .. lets see.. the keep production at these levels ... mildly negative , baked in.... they cant increase since already maxed out... or cut production ... price rockets.... hummm risk / reward
a close above 2.28 would indicate an upward break out of this rising wedge .... count to 3.5
said more correctly obama admin will do nothing ...
oil at 45 and stock at 40 ...when will GS let up ??
9 months ... just saying
next stop is 5