Is Drilling Just Digging Investors Deeper?
01 Nov
Politics

Is Drilling Just Digging Investors Deeper?

Posted by author-avatar
0
Politics tamfitronics By Leonard Hyman & William Tilles - Oct 30, 2024, 5:00 PM CDTOil companies have historically underperformed, with reinvestment often eroding shareholder value rather than enhancing it.Unlike other industries, oil companies’ reinvested earnings have frequently decreased shareholder value, making a case for focusing on dividends rather than relentless expansion. Given weak demand and ample supply, further oil production may only lower prices, questioning the wisdom of recent acquisitions and aggressive drilling strategies. No this is not about politics.A while ago, we argued that, facing weak demand and no shortage of supply, oil companies should not put their resources into producing more oil. The industry...
Continue reading
I’m Disappointed in Tinubu for Supporting Wike Against Rivers – Asari Dokubo [VIDEO]
29 Oct
Politics

I’m Disappointed in Tinubu for Supporting Wike Against Rivers – Asari Dokubo [VIDEO]

Posted by author-avatar
0
Politics tamfitronics A former Niger Delta militant leader, Asari Dokubo, has said he is disappointed in President Bola Tinubu for allegedly supporting former Rivers State Governor Nyesom Wike in destabilizing the state. Dokubo’s comments come amid the ongoing power struggle between Wike and current Governor, Siminalayi Fubara, which began in 2023 after the general elections.Speaking on Arise TV, Dokubo warned that “something will happen” if Fubara is impeached. He said that his concern is not personal gain but rather the well-being of the people of Rivers State.His words: “What I’m trying to say is that with Bola Tinubu becoming president, I should be able to tell him the truth. What is happening in Rivers State where Bola Tinubu is supporting Nyesom Wike to destabilise Rivers State and disturb the peace of Rivers State, and as...
Continue reading
Load more posts
Loading...