BLOOMBERG On The Move February 3, 2015
Energy companies are preparing to pull back on Capital Expenditures, what you have is profits that beat the adjusted numbers and rhyme will take you through the nuances. Capital expenditure is down and it is dealing with a new reality of lower prices. What is next is profits dropping. Well, here, you have a dividend that missed and there was six or 7 billion in expenditure and they had it in the Fourth Quarter with a nearly 9 billion and you are seeing a Capital Expenditure number and it comes o...
Source: archive.org