When the
company auctions that oilfield drill,
for example, the goal is
for its pricing model to forecast demand in the near future based on different
factors, such as the price of
oil, leaving Ritchie Bros. less vulnerable to market surprises.
Among the
factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other
factors beyond the
Company's control, including natural and other disasters or climate change affecting the operations of the
Company or its customers and suppliers; (2) the
Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including
oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the
Company's information technology infrastructure; (10) financial market risks that may affect the
Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the
Company's Annual Report on Form 10 - K
for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
For example, mature fields to be tendered soon have a great approach for Mexican companies, which also use these techniques, since the maximizing of the oil recovery factor is priority.&raq
For example, mature fields to be tendered soon have a great approach
for Mexican companies, which also use these techniques, since the maximizing of the oil recovery factor is priority.&raq
for Mexican
companies, which also use these techniques, since the maximizing of the
oil recovery
factor is priority.»
Trillions are spent on war where
oil is the key political
factor, hundreds of billions on subsidies
for rich
companies that reap huge short - term profits, both in fossil fuels and pseudo-green technologies like corn ethanol and biodiesel.