Let's discuss oil. Currently, I'm considering purchasing

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Anonymous
2016-11-29 19:05:23 Post No. 1642416
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Anonymous 2016-11-29 19:05:23 Post No. 1642416 [Report]

Let's discuss oil. Currently, I'm considering purchasing oil drilling companies' stocks. The latest OPEC meeting was bad news for the price of oil. However, theres a lot of things that could cause oil to explode.

1) Sanctions can be reimposed on Iran
2) Trump can impose tariffs on foreign oil

Currently, I have a small share amount with SDRL and RIG. SDRL is a beauty, though, the chances of bankruptcy I feel is negligent and the price has been beaten to oblivion despite the fact that it owns the most modern drilling rigs in the world. I think in two years, the price of oil will recover.

Anonymous 2016-11-29 20:39:39 Post No.1642590
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Anonymous 2016-11-29 20:39:39 Post No.1642590 [Report]

Or just buy oil cfds

Anonymous 2016-11-29 20:47:30 Post No.1642603
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Anonymous 2016-11-29 20:47:30 Post No.1642603 [Report]

Just buy oil barrels

Anonymous 2016-11-29 20:59:56 Post No.1642624
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Anonymous 2016-11-29 20:59:56 Post No.1642624 [Report]

>Let's discuss oil.
>proceeds to discuss stakes in a oil drilling companies

Thread fucked from the get go.

Anonymous 2016-11-29 22:20:59 Post No.1642760
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Anonymous 2016-11-29 22:20:59 Post No.1642760 [Report]

>>1642624
what else are we going to talk about, theres a lot of stocks out there that can potentially shoot up if 1 of 5 things happen. Oil has been over saturated, but for how much longer? Heres a few that I'm watching:

NATDF - North Atlantic Drilling
Rig - Transocean LTD (billion market cap)
SDLP - Seadrill Partners
PACD - Pacific Drilling SA
ATW - Atwood Oceanics
RNFTF - ROSNEFT OIL CO (billlion market cap)
RDC - Rowan Companies (billion market cap)
SDRL - Seadrill (billion market cap)
FOEAF - Fred Olsen Energy
AWLCF - AWILCO DRILLING
Ocean Rig UDW - Ocean RIG UDW inc

Anonymous 2016-11-29 23:08:13 Post No.1642837
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Anonymous 2016-11-29 23:08:13 Post No.1642837 [Report]

I'd rather buy and hold XLE and/or a MLP etf long term

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/