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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
56,846.59
(
-2.49%
)
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CPTMatt

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CPTMatt

Re: SSKILLZ1 post# 138

Monday, 01/31/2022 7:33:38 AM

Monday, January 31, 2022 7:33:38 AM

Post# of 301
Oil companies are absolutely printing cash right now. Prices haven't caught a huge institutional bid because of ESG divestiture but these companies will just buy their companies back or throw off huge dividends.

So far this isn't the O&G industry of old where high prices brought about value destruction through overpriced M&A and increasing production as fast as possible regardless of the cost.

Where powers are assumed which have not been delegated, a nullification of the act is the rightful remedy: that every State has a natural right [...] to nullify of their own authority - Thomas Jefferson

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