Name:   GoneFishin - Subject:   CRD Date:   11/3/2022 1:54:05 PM (updated 11/3/2022 4:03:24 PM)

Yes, they could increase production. However, the are concerned if they increase producton with new wells and the price of crude falls they will not recover the cost of the new wells.

As to my dividends, I am like a Doctor billing $250 for a visit while Medicare pays and the doctor accepts $150. Then, the Doctor will bill someone without Insurance $250 and expect payment before they will see the patient. Why doesn't  the Doctor bill the patient $150 since they accept that from Medicare?

Both answers are the same....greed. You want yours and I want mine.

I suspect you have oil  companies in your porfolio as most have broad index funds in their retirement plans.