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Bankruptcy looms over U.S. energy industry, from oil fields to pipelines
Reuters ^ | 23 April 2020 | Jessica Resnick-Ault, David French

Posted on 04/24/2020 6:14:19 PM PDT by MeneMeneTekelUpharsin

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To: MeneMeneTekelUpharsin

The debts will be restructured. The payments will be deferred. And possibly government guarantees will be thrown in to facilitate the process. The industry will survive this short term situation.


21 posted on 04/25/2020 1:09:02 AM PDT by Revolutionary ("Praise the Lord and Pass the Ammunition!")
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To: MeneMeneTekelUpharsin

“Posted it to help Freepers keep from getting burned on energy stocks or to restructure their investments. “

uh, yeah, i don’t need your “help” ...

I’m up almost one third on a very large investment in Royal Dutch Shell purchases at $24.00 a share, which also locks in a 17% dividend yield if they can keep up their dividend anywhere close to what it has been for the last 35 years ...

you see, the trick to successful investing is to buy low and sell high, just in case you didn’t know that ... and there are some world-class, once-in-a-lifetime buying opportunities presented by the current market for intelligent and bold individuals who have an investment time-frame longer than your standard day-trader fool ...


22 posted on 04/25/2020 11:46:15 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman
You are deliberately insulting someone about whom you know nothing. I am not going to step in your trap and tell you what I've made in the past week and three days because of this once-in-a-lifetime buying (and selling) opportunity because it's none of your business. Do you ever try to help fellow Freepers, or just help yourself?

No, I am not a standard day-trader fool. And, you are correct, there are opportunities to buy some things now that will really pay off later. Hurling disparaging comments at someone genuinely trying to help is not wise. It appears you would not be able to accept such a statement.

23 posted on 04/25/2020 11:57:02 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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