Page 5 of 9 FirstFirst ... 34567 ... LastLast
Results 41 to 50 of 81

Thread: BP Considering Suspension of Dividends

  1. #41
    Educator
    Join Date
    May 2010
    Last Seen
    02-04-15 @ 11:02 PM
    Lean
    Undisclosed
    Posts
    808

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by Deputy Fife View Post
    Just throwing some ideas out there, but could scuttling an old decommisioned Navy vessel over the oil leak possibly plug it?

    Wild idea, I know, but the focus has pretty much shifted to drilling a relief well and nothing more, which could take months.
    No idea on the ship, I am not an engineer. Assuming you could get it to sit where you need it and the pressure of the oil didn't just blow through it, I suppose it would be worth a shot.

    Relief wells are really the only good way to get it stopped according to people in the industry. Everything outside of that just seems to be desperate attempts to get lucky since relief wells will take at least probably until August to really get out there.

  2. #42
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by NolaMan View Post
    If your "big oil hater" comment is directed at me, that is hilarious. I am a huge proponent of drilling and supporting oil companies.
    Not directed towards you but at the people who yearn for the chance to talk **** about oil companies, any time they fart the wrong way.

    Quote Originally Posted by NolaMan View Post
    That said, the government reaction is what it is, but what it does not change is that until the well gets capped, BP's potential liability only increases with every barrell that escapes. That is just a fact.
    Understandable.
    They are trying to fix it though.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  3. #43
    Slayer of the DP Newsbot
    danarhea's Avatar
    Join Date
    Aug 2005
    Location
    Houston, TX
    Last Seen
    Today @ 12:33 PM
    Gender
    Lean
    Conservative
    Posts
    39,733

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by Kandahar View Post
    As of today, BP's market cap is still $106 billion (and that's WITH the expected costs already factored in to the stock price). That's plenty to cover the expenses arising from the cleanup, and whatever incidental expenses they're legally required to pay. All of this talk about "poor BP, we need to help them profit so they can pay us back" is pure bull****. There is no question about their ability to pay whatever amount they might conceivably be required to pay. Do you people own stock in BP or something?
    Not yet, but right now, I am tempted. Just waiting for it to go a little lower. LOL.
    The ghost of Jack Kevorkian for President's Physician: 2016

  4. #44
    Educator
    Join Date
    May 2010
    Last Seen
    02-04-15 @ 11:02 PM
    Lean
    Undisclosed
    Posts
    808

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by danarhea View Post
    Not yet, but right now, I am tempted. Just waiting for it to go a little lower. LOL.
    I've been watching it, if it gets around $21-$22 a share, I might pick some up.

  5. #45
    Stigmatized! End R Word! Kali's Avatar
    Join Date
    Mar 2008
    Last Seen
    08-19-12 @ 12:29 AM
    Lean
    Very Liberal
    Posts
    13,334
    Blog Entries
    7

    Re: BP Considering Suspension of Dividends

    I will tell ya this: our gov better not even go nowhere near bailing out BP. They do that? I may move! Honestly some people I talk to seem to think that BP will beg the gov to bail them out just like the banks and that our gov will help them. That best not happen.
    ~Following My Own Flow~

  6. #46
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by danarhea View Post
    Suspension of dividends? I am still waiting for them to admit that they suspended their ethics, not to mention their brains.
    A lot of people will be screwed if they do not pay dividends. I'm talking about pensioners. The State of CT alone owns something like 4.1 million shares of BP

  7. #47
    Stigmatized! End R Word! Kali's Avatar
    Join Date
    Mar 2008
    Last Seen
    08-19-12 @ 12:29 AM
    Lean
    Very Liberal
    Posts
    13,334
    Blog Entries
    7

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by Kandahar View Post
    As of today, BP's market cap is still $106 billion (and that's WITH the expected costs already factored in to the stock price). That's plenty to cover the expenses arising from the cleanup, and whatever incidental expenses they're legally required to pay. All of this talk about "poor BP, we need to help them profit so they can pay us back" is pure bull****. There is no question about their ability to pay whatever amount they might conceivably be required to pay. Do you people own stock in BP or something?
    YEAH! I am damn sure not gonna cry me a river for BP! They will never get another dime from me if I can help it and they are far from hurting. They have the money to pay for all of this and then some. They are not gonna fool me into tricks!
    ~Following My Own Flow~

  8. #48
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by Kali View Post
    YEAH! I am damn sure not gonna cry me a river for BP! They will never get another dime from me if I can help it and they are far from hurting. They have the money to pay for all of this and then some. They are not gonna fool me into tricks!
    It's almost impossible for anyone to not give BP another dime.
    You can't sift through oil and decide which was pumped by BP and which wasn't.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  9. #49
    pawn in the game of life
    pragmatic's Avatar
    Join Date
    Jul 2009
    Last Seen
    10-17-17 @ 05:33 PM
    Gender
    Lean
    Independent
    Posts
    1,984

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by danarhea View Post
    Not yet, but right now, I am tempted. Just waiting for it to go a little lower. LOL.
    Funny story <not>. Tried that same strategy when WorldCom was in their death spiral. Boy, did that turn out to be an expensive education.....


    .

  10. #50
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    Today @ 10:29 AM
    Gender
    Lean
    Undisclosed
    Posts
    51,777

    Re: BP Considering Suspension of Dividends

    Quote Originally Posted by Deputy Fife View Post
    Just throwing some ideas out there, but could scuttling an old decommisioned Navy vessel over the oil leak possibly plug it?

    Wild idea, I know, but the focus has pretty much shifted to drilling a relief well and nothing more, which could take months.
    No, this would not plug the leak. You need to seal it tight, random debris from a sinking ship isn't going to do that. (plus, it's 5000 feet down, well below crush-depth for an aged destroyer. the ship would be breaking apart as it went down)
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

Page 5 of 9 FirstFirst ... 34567 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •