12-15-2014, 12:26 PM
(12-15-2014, 11:57 AM)EricL Wrote: Why not play it with the integrated companies that are paying 4-5% at current levels rather than speculating on a rebound from the deep sea drillers? I'll take my chances with an A or AA rated COP, OXY or CVX paying 4%+ rather than taking my chances with a highly indebted SDRL on hopes that oil will return to $100 levels anytime soon.
Exactly. It's not like SDRL is going to jump back into the dividend paying game and immediately yield 8%.