The numbers look pretty good, thanks for the work. Too bad no one can factor in the damage that will be done if or when they have to add debt and/or spin off assets. And all very much depends on the length of time it takes for oil prices to recover and to what level they can rise to.
Heard a guy on one of the TV business channels Friday who is very bullish on U.S. domestic producers for the long haul. Said that the U.S. will be the most stable and dependable place to contract oil purchases going out the next decade. He cited social, political, economic conflict in the Middle East, Nigeria, Venezuela, etc. as problematical. Made a lot of sense, but I'm not buying here either.
Verizon's top line is not dependent on commodity prices. Verizon sells a service. Who was saying that VZ could not pay its dividend? I want to know so that if that person turns up in an interview I can safely ignore his or her advice.
$40 does not seem like much of a spike. It would be nice to see oil stabilize around that price. But what if the dividend is eliminated? It would be very painful but at least it would be a lot smarter than to sustain the dividend by borrowing. Extreme caution is recommended here. This is not for the faint of heart.