Energy

A temporary glut in supply is causing a massive bust in prices.
And this is only the beginning.
The question is not if oil prices will recover, but when.
Whether it declares a preferred dividend will say a lot.
Despite falling profits at the energy company.
Has the value in both of these deepwater specialists arrived?
Company reduces production but expands elsewhere.
There could be more pain if Treasury yields resume their climb.
Anticipating the oil company's preferred dividend.
So where do we look now?

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