oils ain't oils in the ESG era.
Expect all "dirty co's" to trade at cheap multiples.
No matter how much cash WPL prints it won't be priced into perpetuity like pre-covid. Rightly or wrongly, it'll be priced like a dying industry.
However, that won't stop healthy annual dividends and the occasional special divvy though.
IMO dyor.
WPL@$30, page-2547
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$24.02 |
Change
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Mkt cap ! $45.60B | |||
| Open | High | Low | Value | Volume |
| $25.01 | $25.01 | $24.02 | $199.2M | 8.143M |
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| No. | Vol. | Price($) |
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| 5 | 3390 | $24.02 |
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| $24.03 | 400 | 1 |
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