LOL. Which company is that?
Maybe Occidental Petroleum.
And some of the exploration companies in the oil shale areas.
Send me $49.99 for my special secret book on how to go broke on timing the market with additional advice on oil companies. I just hope it ain't OXY (which is paying a 10% dividend now) and I own.
Many small to mid-sized oil & gas producers are vulnerable due to crashing prices. Chesapeake Energy is an obvious candidate for bankruptcy.
Pretty much any of them leveraged to the hilt drilling shales... you’ll see a lot of pump jacks get turned off too, sub $50-60 oil puts a lot of them offline from an ROI standpoint.
This is gonna suck, but we’re gonna come out the other side a lot more nationally self reliant and competitive.