Q: Hello,
My question is about smaller dividend paying oil companies. I have referenced Torc, but the question could be about the entire universe of companies. These stocks continue to drift lower, even with the oil price firming in and around $50 USD. My understanding is that most, if not all of these companies can continue to pay dividends and make money if the oil price stays at these prices or higher. What will it require to get investors interested in this sector again?
Regards,
Robert
My question is about smaller dividend paying oil companies. I have referenced Torc, but the question could be about the entire universe of companies. These stocks continue to drift lower, even with the oil price firming in and around $50 USD. My understanding is that most, if not all of these companies can continue to pay dividends and make money if the oil price stays at these prices or higher. What will it require to get investors interested in this sector again?
Regards,
Robert