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REDDIT

Oil Company IPO preferred stock

I
Sep 26, 2025 · 16:40

There's an oil company that's offering a good return rate dividends on their preferred stock. IPO that's about to hit the market. I'm new to this kind of stuff, so I want to ask if you guys have had experience with this type of stocks. Do you think it's worth it. Under Trump, maybe the old companies don't have too much to worry, but in general isn't oil going in the direction of fading out to renewable sources? I was thinking of putting $2,000 in this but not really sure. Any thoughts?