Big Oil: How Safe Are The Dividends?
Income-focused investors with a low-risk tolerance have historically looked too big oil to meet their income demands. However, the collapse in oil prices over the past 12 months has sharply reduced earnings and cash flow across the sector. Capex budgets have been slashed, cost reductions have been demanded of oil service providers and staff numbers have been reduced across the sector.
If oil prices remain depressed (as many forecasts are predicting) deeper cuts to spending can be expected. But what . . .
This content is exclusively for paying members of ValueWalk Premium Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with ValueWalk Premium Get Started Now with a FREE 7-Day Trial 🔻 If you are a current ValueWalk Premium member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.
|
