Are oil dividends in danger? The options market doesn't think so

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A cruel year for crude has many investors speculating about Big Oil's ability to pay its lofty dividends. But the options market isn't expecting any cuts.

"We continue to have a very strong balance sheet so our dividend is secure," Wirth said Wednesday. "We've stress-tested the future scenarios at prices lower than what we've seen today and still have plenty of capacity to pay the dividends."

"We can compare the price of a synthetic equity position, using options, to the actual equity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

YES oil dividends EVEN from REFINERIES are in DANGER. EVERY 401Ks and PensionS will end up in court AFTER DECLARING BANKRUPTCY and NO ONE will have access to their money as these FOSSIL FUEL returns get KILLED by the Chinese SOCIALISTs that want to take control of this country

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines