For me, both price and dividend growth are too low for oil stocks. There are so many better alternatives outside the sector.
What's more, this is an industry that I don't see (or rather hope for) as too promising from an environmental point of view and it would be stupid to invest in a company whose continued existence you are betting against 😂
What's more, this is an industry that I don't see (or rather hope for) as too promising from an environmental point of view and it would be stupid to invest in a company whose continued existence you are betting against 😂
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@ad_absurdum I don't think there are many companies that invest as much money in environmental protection as oil companies, so they themselves know that oil won't be their source of income forever. Shell, for example, has wind power and electric pumps and Exxon wants to get into lithium, etc.
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