Seeking Alpha

longoil » Comments » Single Comment |

  • ConocoPhilips: Time to Embrace Natural Gas Transportation [View article]
    Long_on_oil

    I agree with you on COP vs BP but for a totally different reason.

    COP is bathing in debt, $52 billion dollars debt on a market cap of $75 billion. And its EPS is negative $16.38 share and so it is paying shareholders dividends with borrowed money, not earnings. This is the same problem with CHK.

    BP has high debt of $65 billion, but it is small compared to its market of $175 billion. Its EPS is a positive $3.76, so at least its dividends are coming from actual earnings.

    After being burnt by many times by stories of potential growth by companies like COP and CHK , now I always look at the balance sheet carefully before sinking a dime into any company.
    Oct 30 17:38 pm |Rating: +3 0
All Comments by longoil »
Comments by Ticker
AAPL, AAV, ABB, ABX, ADM, AEP, AETUF.PK, AG, AGQNF.PK, AIB, ALTI, AMSC, AMZN, AN, AONE, APA, APC, ASO, AXP, AXPW.OB, BAC, BBD, BGP, BHI, BHP, BLXJF.PK, BMO, BNPUF.PK, BNS, BP, BPO, BPT, BQI, BRGYY.PK, BRK.A, BTE, BWP, BZF, C, CAT, CBAK, CCJ, CEO, CHK, CHP, CIEN, CLNE, CME, CNH, CNI,
longoil's
Comments Stats
364 comments
Rating: 656 (1268 - 612 )