Re: Oils well that ends well
Just added more SU, averaging down.... Looked at the chart, I was surprised the price hasn't risen since April. Probably because the management cut dividend. Shell and CNQ have also been punished for cutting dividend.
Still searching for another oil stock to keep my lonely SU company but can't find a better candidate. TOT and CVX are good but they have gone up. Shell is playing with green ideas, which I've not studied yet.
BP seems to be going no where. Maybe I should get the much hated XOM? But US withholding tax is crazy. I've a preference for a company that doesn't have oil fields in risky regions like Africa or the middle east.
Just added more SU, averaging down.... Looked at the chart, I was surprised the price hasn't risen since April. Probably because the management cut dividend. Shell and CNQ have also been punished for cutting dividend.
Still searching for another oil stock to keep my lonely SU company but can't find a better candidate. TOT and CVX are good but they have gone up. Shell is playing with green ideas, which I've not studied yet.
BP seems to be going no where. Maybe I should get the much hated XOM? But US withholding tax is crazy. I've a preference for a company that doesn't have oil fields in risky regions like Africa or the middle east.
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