07-29-2016, 10:50 AM
"Total aims to adapt to lower oil prices by cutting spending to a level where it can fund dividends from cash flow at a crude price of about $60/bbl in 2017. The company is currently borrowing money to make shareholder payouts. The group’s net debt rose to $29.8 billion at the end of the first half, up from $25.6 billion a year earlier."
I've said this repeatedly: BOTH TOTAL and OSH are very badly run companies. I don't want stock in either one. Apparently, I will get my wish.
XOM, on the other hand, is doing very well = = => I agree with Gump: Gimme 1 share of XOM per share of IOC without a CRV
I've said this repeatedly: BOTH TOTAL and OSH are very badly run companies. I don't want stock in either one. Apparently, I will get my wish.
XOM, on the other hand, is doing very well = = => I agree with Gump: Gimme 1 share of XOM per share of IOC without a CRV
Drivel Maven with Personality