Oil Companies Face Major Uncertainties in the Market: Mizuho’s Sankey

The following video is brought to you courtesy of the Bloomberg Markets and Finance YouTube Channel. Click the video below to watch it now.

Oct.10 — ConocoPhillips ramped up its dividend as the largest independent crude explorer seeks to rebuild its reputation as a cash cow after a damaging cut to payouts during the depths of the oil-market crash. The 38% increase in quarterly dividends announced Monday will mean more than $500 million in extra annual payouts to investors. Paul Sankey, managing director and oil & gas analyst at Mizuho Securities, talks with Bloomberg’s Alix Steel about the health of oil companies amid uncertainty in the market.

Bloomberg Markets

Bloomberg Markets

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!