Title : SM Energy Postpones Bakken Assets Sale;Exxon Mobil: Growing Dividends Mask A Shrinking Business -- Zeits -- May 16, 2017
link : SM Energy Postpones Bakken Assets Sale;Exxon Mobil: Growing Dividends Mask A Shrinking Business -- Zeits -- May 16, 2017
SM Energy Postpones Bakken Assets Sale;Exxon Mobil: Growing Dividends Mask A Shrinking Business -- Zeits -- May 16, 2017
Link here over at Seeking Alpha:Historically, Exxon Mobil reinvested capital in its business at a much faster pace than in 2016 or 2017
Still, historically, Exxon Mobil’s production volumes continued to decline
Given the deep cuts in the current capex, few years from now the company will have even greater challenges stabilizing its production
In this context, the recent dividend increase appears to take credit for accomplishments that are yet to happen
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SM Energy Postpones Divide County Asset Sales
Link here over at Bizjournals.
A Denver energy company has canceled plans to sell its assets in North Dakota, blaming the "uncertainty" of oil prices.
SM Energy Company earlier this year said it wanted to sell its Divide County area assets in the Williston Basin in northern North Dakota, and retained an investment bank to help make the sale.
But on Tuesday, SM Energy called off the sale.
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