Some times dreams turn into reality.
There are suits being filed...that is a fact.
It is a fact that people are no longer shopping there.
Time will tell if it has a material affect.
If I will not shop there, I will not buy the stock either.
That is probably true of others.
Some will not buy the stock just because they feel this is poor business practice.
It is not painful to me in any way, as I did not nor will not own the stock.
I do feel for those who were stockholders when they were blindside by this.
It could be a long time recovering...especially if there are material affects of the boycott.
People will at least wait for a quarter or two to see what is happening.
Everyone knows how risky it is to try and catch a falling knife.
How long to ever return to what the price was? Who knows....
Walmart had a very good quarter....not Target.
Unless it was all on sale, you spent more than it would cost at Walmart.
Take the Target ad to Walmart and they will match the price.
No reason to shop at Target whatsoever.
Bigger selection too.
Way to early to say.
CEO claims no effect of boycott.
So, all those people weren't shoppers or
They lied and are still shopping or
others are shopping more to make up the difference or
The CEO is lying to save face.
In the 1960's the president had the goal for America to be the first to put a man on the moon.
Today the goal of the president is to put the first man in the woman's restroom.
This can not end well for Target.
They should have stayed out of politics.
I feel sorry for the innocent shareholders here.
I signed the pledge...stopped looking at their ad in the Sunday paper.
CEO doesn't understand that this is about safety of customers.
The transgender folks have a disorder...they are not molesters....but there will be molesters that use this opportunity to gain access to their prey.
The world's oil market is rebalancing faster than expected due to several serious outages, but for now there is enough oil in storage and excess capacity to keep prices from spiking.
"We've strung together an impressive number of outages and supply disruptions for the moment, but there's every incentive in the dire straits the industry's been in to get these barrels on line," said John Kilduff, partner with Again Capital.
Outages and supply disruptions in Canada, Nigeria, Venezuela, and other producing regions have reduced oil production by an estimated 3.8 million barrels a day
hahaha, the dollar has been falling....where have you been?
Also, PGH has hedges on currency to protect them for such problems as a rising dollar.
They have increased hedges on their production for 2017.
You are wrong on every point.
No wonder you have so many "thumbs down"
Did you follow your own advice? did you own the stock and sell?
I see no post where you say you sold or bought for that matter.
They have a long standing policy of paying a dividend that varies.
They explain what they do at their website presentation.
As with all debt...it is a tool. if managed right a company can make more money by using debt.
If not, they can go bankrupt.
Management seems to know what they are doing and have a well defined plan.
If you don't like they way they run the business, there are companies that have no debt to invest in.
This is what I said a few weeks ago about the benefits higher oil prices for PGH
1) The unhedged oil would sell for more and increase revenues
2) It makes future hedges cheaper to put in place
3) It increases the value of assets that they might have for sale
4) It increases the share price of the stock
Higher oil prices also take away some of the uncertainty about the continuation of the business. There is no doubt that demand for oil is still growing. We are not anywhere near the age of decreased fossil fuel use. Demand for automobiles is growing in the Far East, and thus increased demand for fuel. Even here in the US there is increasing demand for bigger vehicles with these lower gasoline prices.
The day that Saudi Arabia starts losing oil production in their declining fields will be a very interesting day. They pump more barrels of water in their main fields than they get out in barrels of oil. That day is coming. Oil and water will come out, with more water than oil making their oil very expensive to separate out.
May 16 (Reuters) - SandRidge Energy Inc and Breitburn Energy Partners LP filed for bankruptcy protection on Monday, the latest in a surge of Chapter 11 filings among U.S. energy producers.
The biggest U.S. energy price crash in a generation has now pushed more than 60 North American oil and gas producers to seek protection from creditors since early 2015, regulatory filings show.
Royal Dutch Shell Plc, Exxon Mobil Corp., Suncor Energy Inc. and other producers curtailed operations, imperiling more than 1 million barrels of daily output. The threat to oil-sands operations has since receded.
In Nigeria, militant attacks on oil installations operated by foreign companies including Shell and Chevron Corp. prompted evacuations and the shutdown of some production in Africa’s biggest oil-producing nation. Output tumbled to a 20-year low last month, compounding the negative economic impacts on a country already strained by slumping energy markets, according to data compiled by Bloomberg.
U.S. output dipped to the lowest since September 2014, according to the Energy Information Administration. Inventories shrank in the week ended May 6 for the first time in more than a month, though stored supplies remained close to the highest since 1929.
I have you on ignore, but I did "show post" to see what you posted.
The only thing I will comment on is you thinking I am hardmetalman.
If you ever noticed.....I never call names.
That is not the case with hardmetalman.
Why you seem so insecure that you always feel threatened by others I do not know.
I do have you on ignore for good reason. You add no value to this board for me...that is my opinion, so don't fret.
You have your many IDs to pump you up.
My post above was not "fundamental" or "technical"
it was a light hearted attempted at humor on a day we should have gained a few percent.
Don't forget....I have you on "ignore user"
hardmetalman does not.....get it?
You need to recheck about PGH's hedging.
They have continued to protect their production cash flows.