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ConocoPhillips Message Board

richardhurwitz 1 post  |  Last Activity: Feb 8, 2016 2:18 PM Member since: Aug 23, 2011
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    Guys the Dividend is in jeopardy

    by nuff106 Feb 7, 2016 7:36 PM
    richardhurwitz richardhurwitz Feb 8, 2016 2:18 PM Flag

    COP's dividend cut results from that company's past attempt to "add sharelholder value" through "reorganizationitis" ie the spinoff of the now profitable refining arm of the company, PSX. Today, PSX is doing better than ever. RDS remains an integrated company, equivalent to COP + PSX. RDS may still cut div, but is not in the same situation as COP

COP
43.21-0.20(-0.46%)May 5 4:01 PMEDT