$ET's revenue is coming from about 80-85% fixed annual contracts from various fracking and oil drillers. So even as some elastic companies take hits from the fluctuation of oil, $ET isn't as exposed and is more inelastic, and will continue to receive monies from fixed contracts. But, of course, there is the risk that a myriad of companies go under thereby ceasing payments to $ET. Though, should that happen $ET's revenue would be the least of our concerns. It is less risky to bet on $ET than any other single company because the former encompasses large swaths of latter. That being said, $ET specializes in oil pipelines, which is a matter of national security, so you already know it will receive government backing if necessary. There have also been reports that pipelines will be used to store oil, so that is an alternative method to generate profit during this oil glut. $ET also pays a cheeky divvy.
Aaron Ross
Is MPC worth holding or should I just sell and buy more MRO? The former has been crabbing since I bought it.
Should I go long on GSK? They have a pretty nice dividend but I'm worried about their debt.
Ryder Wood
WTF I went all in on USO with 4x leverage and now I lost all my money. Wife is going to let me sleep in the dog house again when she finds out I gambled away my monthly allowance on the stock market
Buy actual oil companies retard. You bought worthless paper.
Cooper Gonzalez
these fucking retards STILL insisting "essential workers" are in danger and deserve extra pay
these fuckers have been in contact with every american in the past 2 months. where the fuck are the massive waves of walmart worker sicknesses and deaths?
HOW THE FUCK IS THE FACT THAT YOU SEE THE SAME FUCKING WORKERS EVERY SINGLE TIME YOU GO TO WALMART NOT SCREAMING PROOF THAT THIS SHIT IS A NOTHINGBURGER
Easton Perry
Christ I can't wait. By then I will have made a literal 100k
DO ANY OF YO FUCKERS ACTUALLY THINK OVER 8 WEEKS INTO THE FUTURE
Carter Powell
biz is not an IRA board
William Collins
Everyone is max retarded and completely detached from reality. Stocks are now and always have been trading cards and only valued for their meme potential and bought ironically and for the lolz. Buy crypto I guess, you’re getting scammed no matter what.
Caleb Foster
lol obvi not. I am swing trading for a mean $47 profit
Dude, would you rather have a depression? The virus is an overexaggerated coverup for an actual gigantic problem. They didn’t have to use a virus hoax btw. They could’ve just went with something more extreme for the goyim but they were nice and just ade it mandatory house arrest
Nolan Hughes
>AMD, MSFT for the earnings pump >IAG for the really long 100IQ play Opinions?
Jose Nguyen
taxes take like 35% of that right
Andrew Fisher
BULLCHADS RISE THE FUCK UP!
Henry Jones
I own several tankers and am in a major greed zone here with big gains. I've been almost selling all morning but they won't fucking stop going up. Any of you guys taking profits? I just don't see them reversing as long as oil keeps selling off on the June contract. That interview with the NAT founder was so bullish on Friday, and so many vlccs literally sitting around with nowhere to offload crude. Also something great that NAT guy said was it's all about the dividend versus even paying off debt lmao, these shippers are so based.
Gabriel Adams
Why wouldn't it? Every boomer is using it these days. My mom uses it for church even.
Ethan Bailey
I just bought 25 shares of Boeing. Going to wait til after earnings and buy 25 more.
William Martinez
>why oil stocks go bankrupt thats not supposed to happen
I was going to 2x my holding of FRO but the pump today has made me wary of FOMOing in to the top. Not sure if I should wait until it calms down.
Christopher Jackson
Literally bullish as fuck
Evan Jackson
FUCK IT! I'm going to short ALL of my Oil stocks (cept MRO) at the end of the day and then go into gold
Nolan Butler
>This sheer volume on NAT in comparison to everything else I am so glad I bought in earlier, talk about a fucking great sign. This is a winner, get on the boat now of get left behind. Gone up every day this past week and isn't stopping.
what do you guys think of the "ChaikinOsc"? i put a EMA of the indicator on it, fast EMA and slower than default settings on it and it seems like a pretty great volume indicator. it's the MACD of the A/D line so it basically measure the momentum of buying/selling pressure. the zero line determines bearish/bullish sentiment and the MA determines accelerating/decelerating pressure.
