T. Boone Pickens
T. Boone Pickens
Thomas Boone Pickens, Jr., known as T. Boone Pickens, is an American business magnate and financier. Pickens chairs the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of September 2014, Pickens has a net worth of $1 billion...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 May 1928
CountryUnited States of America
thinking voice littles
To me, emails are a little bit frustrating. I think that the telephone is much preferred because you get the sound of the voice and the interest and everything else you can't see in an email.
thinking increase should
I don't like stock buybacks. I think if a company has the money to buy their stock back, then they should take that and increase the dividends. Send it back to the stockholder. Let them invest their money again from the dividends.
patience thinking past
I think I have more patience now than I did in the past.
thinking oil iraq
I don't think for a minute we went to Iraq for oil. It just so happened that it had oil. But I think we'll come out of the Iraqi situation with a call on their oil at market price.
thinking ideas wind
Don't get the idea that I've turned green. My business is making money, and I think this is going to make a lot of money.
honesty thinking dollars
A dollar is not worth as much as you think it is. Your honesty is worth much more.
foreign good oil power produced replace solar understand
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
concerned executives far power prestige profits
Far too many executives have become more concerned with the 'four P's' - pay, perks, power and prestige - rather than making profits for shareholders.
Big Oil is a club, and they'll do everything to keep me out.
prices stock
As long as there's political uncertainty around the energy space, stock prices will come down.
amused blame congress heard somebody tries
I'm amused when Congress tries to place the blame on somebody but never themselves. I've never heard any of them ever say, 'I've made a mistake.' I do. I say I called it wrong. But they just try to find somebody to blame.
gas invest natural profit push time
You can't invest in natural gas on a daily basis. It's too volatile. But if you think of natural gas as a long-term holding, then you push your profit horizon out. A long-term time horizon would be at least two years.
life
I fracked over 3,000 wells in my life and never had a problem with an aquifer.
american-businessman
I have always believed that it's important to show a new look periodically. Predictability can lead to failure.