Big Oil Is Burning Through Cash – ValueWalk Premium

Big Oil Is Burning Through Cash

Oppenheimer has been looking at the oil sector this month.

So far, the group has released research reports covering the sustainability of Big Oil’s dividends and Big Oil’s net asset values if the price of oil falls to $40/bbl. Oppenheimer has also put out a report warning that the third quarter will see Big Oil’s worst quarterly result . . .

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