I believe the company has been around for 20 years and I believe...

I believe the company has been around for 20 years and I believe the company has never made a profit. Fact or fiction? For me, that is enough to not consider a stock as an investment. Might not be the same criteria you subscribe to, but it avoids sitting in crappy little companies for years on end waiting for them to find oil and then try and get it out of the ground and sell it. In case you hadnt realised by the very few oil producing companies we have listed, it aint an easy task and companies are at least 50 times more likely to fail than succeed.