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RE: Never sell Shell - Why should I sell?
Hello @litshit69
At first glance I thought Shell was actually another form of cryptocurrencies attached to the oil and gas sector (petroleum) not knowing it's actually something different 😂
In order to counteract this, Shell has now issued new bonds and is therefore in debt, but is also actively maintaining its cash flow.
I think the company should focus more on achieving more income input to counter balance their debt level because debt itself can affect a company's earnings or profit on the long run.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💓💕❤️
Sorry for the confusion, but I am not sooo much into cryptocurrencies. ^^
Definitly, improving the cashflow is one of the most important thing, when the oil-price is down and the public life to. Selling their oil to such low prices would not be intellegent, so they rented tankships to store their produced oil. Meanwhile the oil-price stabilized since march and they sold more oil.
I am very excited about how shell wants to cut their debts in the futrure, while they want to invest in green energy too.
Thank you for your opinion @hardaeborla :)