I purchased shares in both the connected company CQP as well as LNG some time ago. I purchased CQP because the dividend and LNG because of the hypothesized long term value. Well I only invested a small amount of money.
Anyway now I have seen that the debt of LNG is high, according to Yahoo figures almost as high as its enterprise value. Is this correct?
Did I make a mistake buying shares of LNG? Do companies ever recover from high debt levels. In the past I've purchased companies with high debt and it didn't go well for them. Is LNG different?
I recently purchased some new shares in Occidental based on a SeekingAlpha article! Now I've looked around a bit more, there are both positive and negative articles on the company - well no surprises there I guess.
I purchased the shares, because the oil price has been beaten down and I wanted to take advantage. Also I read an article and said the company debt isn't high.
The oil price has decreased a lot and it has got me curious. What is the best way to invest in oil? I already own shares in quite a few oil companies, but if I think the oil price will go up what should I look at?
I hear USO spends money on rollings its contracts and one article says if oil goes up 240%, USO only goes up 100%.