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But we saved everything 🙂.
Energy companies currently represent 3.5% of the S&P 500, but are about to pay out 20% of all cash distributed to shareholders within the index.
George Noble shared this assessment and attributed the viewpoint to Robert Mullin of Marathon Resource Advisors, who has focused on the topic for several years.
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Noble has previously called for major repercussions for Ellison and ORCL investors, citing stricter accountability in financial markets in a past article. He also referenced past advice to sell OPEN at 8 one year ago after receiving strong reactions from the market, as noted in a separate report. These examples show Noble’s pattern of publicly sharing pointed financial assessments.