Look at the numbers with a cash of 1.5bb and revenues way above only a fool would reorganize....don't listen to the idiots try to short this. If short ok but get ready to cover your #$%$ if oil keep from here on up. Figures speak the truth.
Revenue (ttm): 4.77B
Revenue Per Share (ttm): 10.10
Qtrly Revenue Growth (yoy): -3.30%
Gross Profit (ttm): 3.05B
EBITDA (ttm)6: 2.33B
Net Income Avl to Common (ttm): 4.05B
Diluted EPS (ttm): 8.47
Qtrly Earnings Growth (yoy): -47.90%
Total Cash (mrq): 1.52B
Total Cash Per Share (mrq): 3.08
Total Debt (mrq): 14.14B
Total Debt/Equity (mrq): 129.19
Current Ratio (mrq): 0.95
Book Value Per Share (mrq): 20.93
They can't hold up forever. Period. Also best of breed here. Be kicking yourself for not buying the lows, So who needs a div? much rather have company to grow with.
Oh yea it is rare down here..Back up the truck. Only 50 cents into the move. When this is over $WTIC. watch the break upward. Buy just put away and 5 years from now will be looking back......why didn't I buy more!! Mark this post.
Many OPEC countries being part of the cartel are hurting also. They need the price to keep their economy stable also. Seems SA doesn't have concern except for themselves. Period.Let the refiners taker the hit this time..WNR was a 7 dollar stock. The crack spreads, let them give an inch.
Doesn't matter if there is a buyer see's something there........Went by a store in L.A. High end mall. People were in it!!!! lol. Think the poison pill is given this effect. Notice it always does.
Not a dead cat bouncer as oil ix not dead but more of s war with OPEC. Think of it as working off oversold technical bounce. One thing for sure is when has oil ever stayed down over a considerable amount of time? Never. Don't forget demand is always increasing and the minute we have it back so is oil. So stop getting your panties in a ward and sit tight.
Wrong move would take SID here any day of the week. Did you forget the Olympics?? This summer who is going to build everything BSBR ( a disappointment since IPO) or maybe PBR......sure. SID is a cash cow there don't kid yourself...........smart move bucko. guess you don't remember last time it went in the dollar range? Ran straight to 6.
In this market Debt means everything . Guess what GTE has know. They do have cash and oil. Smart well managed company. said last time at this price you will make money. Guess some chased it to 9 bucks. I will take 7.then rethink.