Here’s Why Exxon Should Slash Its Giant Dividend

Investors love energy stocks because of their large, reliable dividends–but it’s a new day. Exxon is losing boatloads of money because of historically low oil prices in the second quarter, and it’s time for investors to tighten their belts. The oil and gas industry needs to slash its excessively large dividend payments instead of brutally …

Here’s Why Oil Prices Will Never Recover

This rally can only go so far as supply concerns threaten to sink oil prices once again. Even as economies reopen, demand for oil will remain depressed. The OPEC+ cuts weren’t enough to offset weak demand. Last month when oil prices fell to the horrifying low of -$42 per barrel, investors started to worry about …