Along with suffering from Extreme Foot in the Mouth Syndrome, Boozer Biden is a slime worm who, like most Democrats, lives to suck off the government and others.
Company will generate $32B - $40B in cash annually and with the buyback running for another 18-24 months I'll be adding positions.
1.2% increase in speculative market-share; passive market-share declined 1.8%, rational market-share declined 14.1%, and hedge funds share declined 6.0%. Fast-money traders market share is up 8.2%.
Bottom up investors (including institutional longs) are staying put . Short interest remains in the rounding error area - largely non-existent.
Strong positive is declining outbound volume. Company share buy back (600,000 ADS daily) provides a solid base of support in the 39-41 area and will continue for a minimum of 18-24 months based on company's cash position.
Look for .96 - 1.03 earnings per ADS this quarter and you might see an announcement to forego / re-align some CAPEX in favor of a more dramatically ramped up share repurchase program on the order of 1,000,000 ADS per day -- what's not to love about financial engineering !
Damn doode you really don't read many financial statements do you?? The $17B in deferred tax liability is on the low side for the integrated majors; in fact, since you've mentioned Exxon, their deferred tax liability is $41B and growing. As for the nature of deferred tax liability, it's largely depreciation related and a small portion pension related --- all normal for the integrated majors.
Your other comments are all over the map and really off the wall --- e.g "downstream assets make up 75% of the revenues". Hello --- last time I checked that statement is WAY off -- downstream only accounts for 18-20% of BP's profits -- the lions share occurs upstream.
You're badly misinformed
Lived there for years -- know the Saudis and they'll cut more -- all but guaranteed.
OIl will be above $90 in a few weeks -- stabilizing at $100/barrel by the end of the year
The sell programs are just starting on F
Just another wasteful federal hole to dump taxpayer monies down --- the government is the only entity on the planet where you put $1 in and 20 cents of value comes out. 80 cents of every taxpayer dollar evaporates into bureaucratic waste.
A no brainer
I'm not sure that squares with the ages of cars out there today -- they can only put off purchases just so long and I think we'll see low interest rates for DECADES.
He said quote unquote "it's difficult to compete with Ecoboost already"
I also asked why Toyota prices haven't come down with the YEN --- he wouldn't answer so my guess is they're holding prices arbitrarily high in spite of the currency --- in other words, gouging Americans.
Saw a couple of F150s with heavy Russian 12.7 x 108 machine guns but I think the USAF and USN have since blown these to pieces (along with the drivers and passengers).
Lots of ISIL body parts strewn around Syria and Iraq these days --- I'm sure they didn't have a clue what heavy USAF and USN weaponry could do to them--- their force structure is considerably smaller than it was at the beginning of the air campaign -- watch as they get "downsized" quite a bit more.
In fact, the young blacks who work for me, find same sex marriage disgusting ---- these folks have their sierra together !
Not happening yet --- but with the aluminum content in commercial aircraft dropping dramatically by the minute I think they'll be getting future price breaks.
Physical gender designs should be your first clue that something's unnatural. Most black folks, I have some terrific black folks who work for me, DO NOT support same sex marriage.
If we have a more intense selloff (likelihood aprox 20%) I may back up the truck down in the 9 area
Incredible torque out of this power plant