It looks like a good time to average down as the stock yields 3.4 % and the earnings perform fine irrelevant of the price of oil (Heck I would argue the company does better in a low
oil priced environment as it purchases oil to produce its products).
Not exact matches
SINGAPORE, April 23 (Reuters)-
Oil prices dipped early on Monday
as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish
environment.
SINGAPORE, April 23 (Reuters)-
Oil prices dipped on Monday
as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish
environment.
«Simplification, standardization and deflation are repositioning the
oil industry for better profitability and cash generation in the current
environment than in 2013 - 14 when the
oil price was above $ 100 a barrel,» Goldman Sachs analysts said in a research note on Wednesday,
as quoted by Bloomberg.
Following the sharpest decline in crude
oil prices in at least a century,
as well
as a six - year bear market in metals, the global
environment could be ripe for a commodity rebound.
What's more, analysts with Bank of America Merrill Lynch believe that
oil demand will peak sometime after 2050, «
as long
as we remain in a relatively low
oil price environment of $ 55 - 75 per barrel in real terms.»
U.S. drillers expect to continue raising production this year, but some are adjusting spending to the expected cash flows in the current
oil price environment, after
prices failed to rise
as much
as analysts and investors had expected a few months ago.
The opportunity arose, I argued, because it seemed to me that the
oil environment was finally, in fact, ready to improve —
oil stockpiles were finally dropping below 5 - year averages and declining steadily, and rig counts were due to decline
as well, after so many months of sub-profitable
oil prices.
In addition, our provision for credit losses (PCL) ratio of 0.29 % was up 5 basis points (bps) primarily
as a result of the low
oil price environment.
WILMINGTON, Del., March 23, 2015 —
As the tri-annual NPE opens today in Orlando, Fla, many of the 60,000 who registered are dealing with issues like the
environment and sustainability, global competition and unstable
oil prices, according to a survey of nearly 800 plastics industry professionals.
CO2 from
oil can be further limited via a gradually increasing
price on carbon emissions that discourages industry from going to the most extreme
environments in the world (such
as the Arctic National Wildlife Refuge and Antarctica) to extract every last drop of
oil.
The costs of many offshore
oil and gas projects have come down sharply in recent years,
as companies try to ensure their viability in a shale - inspired lower
price environment.
Investing in alternative fuels is not only good for the
environment, it's a smart move for our company
as biofuels have the potential to hedge against future
oil price volatility and carbon regulations.
«
As bad as current market conditions have been for onshore oil producers, low oil prices have resulted in even greater cutbacks in capital spending for offshore oil producers,» said Isaac Orr, research fellow at The Heartland Institute, which publishes Environment & Climate New
As bad
as current market conditions have been for onshore oil producers, low oil prices have resulted in even greater cutbacks in capital spending for offshore oil producers,» said Isaac Orr, research fellow at The Heartland Institute, which publishes Environment & Climate New
as current market conditions have been for onshore
oil producers, low
oil prices have resulted in even greater cutbacks in capital spending for offshore
oil producers,» said Isaac Orr, research fellow at The Heartland Institute, which publishes
Environment & Climate News.
Dr. Birol and Minister Ploumen discussed the IEA's «open doors» policy, the energy transition in a low -
oil -
price environment,
as well
as opportunities to cooperate on energy access, notably clean cooking.
Though Nigeria has technically come out of a recession, the macroeconomic
environment in Nigeria still continues to remain challenging with no certainty
as to how long
oil prices will remain above $ 50.00 per barrel, continued reliance of the country on the
oil export sector for foreign currency earnings and the early hints of political (election) discourse within the polity.