GE (Immelt) has a history of LYING about their (his) plans for the dividend. In 2009 Immelt said the dividend would be maintained and within a week he reduced it by 2/3 from $.31/s to a dime!
Ad....from your string of negative posts it is clear you are short COP or have a short interest in an oil interest. Others reading your posts should understand this.
First dot point under key points in the statement .....
"Reaffirmation of the company’s priorities of a compelling dividend and cash flow neutrality in 2017 and beyond."
Interesting......."optionMONSTER's Heat Seeker system detected the purchase of 9,985 May 70 calls in one print for the ask price of $0.35 yesterday. This is clearly a new position, as volume was above the previous open interest in the strike."
GoldmanS is hoping for a self fulfilling prophecy to improve/protect their own interests and their largest customers. It is all about their hedging position....NOT an intuitive in depth analysis that they are sharing with the world because they are good-guys.
You are either ignorant of the terminology used in the report or purposely misrepresenting the information in the report (basically lying!). The report says that wastewater injection is the issue NOT FRACKING.
I believe the USGS has determined that the process of "fracking" does NOT cause earthquakes. There is some evidence wastewater injection wells may be associated with earthquakes of
Strange that hardly anyone in the media is talking about the price of oil correlating to the strength of the USD. There is a DIRECT correlation between the dollars strength and the drop in oil. In my "quick and dirty" calculation using the Dollar vs the Euro % increase, about 25%, that accounts for about half of the nominal 50% drop in the oil price. If the Euro was to increase vs the USD the price of oil will increase.