i would probably buy oxy between the two? at least we're getting a dividend while we're waiting. my dream scenario is somebody buys out CRC.
hard to say, 6 months out doesn't provide enough visibility. especially with the volatility and decline in oil prices, that introduces a lot of uncertainty.
i would be surprised if CRC were over 10 in 6 months, long-term, it's a good story.
*its dividend payout. it's = it is, its = ownership. and yes, they are reducing it, they're reducing it to zero.
said the cash flow from CRC is too much so they can't afford to pay any more dividends.
can it? of course, they can do whatever they want. is it likely, i don't think so, oxy's balance sheet is pretty healthy.
It's odd to only you, are you comparing sdrl to OXY? Sdrl was paying over 100% of its cash flow, have you seen OXY's balance sheet? Although I can't expect you to understand how to read a balance sheet, you thought dividends were taxed at 30%, LMAO.
LMAO, that just shows me you have no money, you have no skin in the game. you're not even aware that dividends are taxed at capital gains rates.
i have puts, they're doing pretty well, thanks for your concern chief. and for dividends, it's 15%, capital gains, where have you been? "lol"