
06-07-2022, 03:36 PM
|
Sage
|
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,236
Thanks: 7,655
Thanked 6,295 Times in 3,254 Posts
|
|
Quote:
Originally Posted by coralway
Last year? SEC filings from the largest oil and gas companies show they’ve collectively completed $45.6 billion worth of buybacks since the start of 2021.
So, if you're ok with oil and gas companies dramatically increasing their prices so they can buy back their stock, and make their investors happy, then no one has any reason to complain about current prices.
|
Stock market controls price of crud oil.
Crude Oil Prices Today | Brent and WTI Price Charts
|