Kirk's Market Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts

COHR 139.51

+2.9%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (8389)	3/9/2020 11:50:07 AM
From: John Koligman	Read Replies (2) of 26595

Thanks, I'm trying to 'game' in my head what happens to all those plans when a huge chunk of XOM's revenue just vaporized, literally over a long weekend. Other thing is that the 'selling assets' part of their plan may now turn into 'giving away assets' as the oil patch implodes. That leaves what seems to me a dramatic acceleration in borrowing if they truly leave everything in place in terms of capex and the dividend. I'm sure the financial dept's in all these companies are going to be working overtime. So far the prudent approach taken by CVX management has proven to be the correct approach. All really hinges on how far the Saudi's want to take this.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next