3Semana·

Oil Stocks

What's your thoughts on oil stocks?

I recently added a 2% entry position of $AKRBP (+0,39 %) .

I find it interesting, low breakeven costs (~ 30 USD/boe), much lower than other companies, 10% dividend yield (taxed 25% + 10% taxed in Romania).

Only downside would be the high taxes in Norway (~ 85%) which reduces significantly the profits of the company.

#dividends
#stocks
#investing

08.09
Aker BP logo
Compró 31 a 24,50 US$
759,50 US$
3
1 Comentario

WEll @Krisztian99 I have some % on them. Great for de-risk (not put all eggs in the same basket). In my case i had a bad surprise with my brokerage account - they don't have a VPS individual account id in Norway meaning my dividends are taxed 25% even if in my country i havel also a dual-taxation agreement. Lets see.. plan is to keep them for a good quarter return and reinvest.
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