Since the company is not laying off it must be doing well. Since it is doing well let’s bring back the dividend so common stockholders get at least as much as WB does.
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Dividend check!
Ask yourself: Would you rather have a paycheck or a dividend check?
No they wont. There are plenty of jobs and functions that don’t need to be performed now for revenues due cost control. They can be eliminated and it won’t impact revenue for 5 to 10 years. Science projects should be deferred.
Correction. Layoffs of worker bees will hurt revenue.
Layoffs will hurt revenue
Will not happen until Oxy significantly pays back debt. Increasing the dividend is the 3rd priority for Oxy’s cash flow priorities after maintaining production base and paying back debt. If priority #2 is met, then can move on to priority #3. As an Oxy shareholder, I want management to significantly pay down debt before they increase the dividend. A company that is piled with debt should not be paying a dividend.
Well that might be the dumbest thing I see on the internet today. Of all the dumb posts on this website (and there are lots), you may just have won the first place price. Try applying that logic in other parts of your life, "Since I can go out to eat for dinner, I must be doing well. Since I am doing well, I should buy a bigger house."