Exxon Mobil Corporation (XOM)

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Latest XOM Comments

Jeffrey Clarke Aug 07, 2017 11:40PM GMT

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I'm totally ignorant.  But, I've been watching and listening...  If I have this right.....Transportation is intimately tied to oil.  So, if oil falls to zero, I should sell all my stock in UPS.  They are in transportation, and the zero cost of fuel for their trucks will drive them out of business...  O...K.....Sell my Utilities, since their NAVs fall when the prices for the fuels they convert and sell fall to nothing????  Of course.......What am I missing??

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Jeffrey Clarke Aug 07, 2017 11:24PM GMT

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OK.   I'm ignorant.  Not brain dead, just uninformed...  Please explain.......I run a widget company.  EVERYBODY buys my widgets every day.  The entire world is dependent on getting my widgets every day...Year over year, the demand for my widgets is constant...The people who supply the goop I use to make my widgets are getting better and better at digging the goop out of the forest. I keep asking about the same price for my widgets while the price for goop keeps going down...My revenue is constant and my earnings are doubling every 6 months.  I don't MAKE goop.  I use goop to make widgets.....WHY DOES THE PRICE OF MY COMPANY'S STOCK FOLLOW THE PRICE OF GOOP?  I'm making widgets for nearly nothing.  I'm selling widgets for the same price as I did for the last 4 years.  Goop is almost free...Why do the stock prices for "energy companies" (who buy oil for almost nothing and make fuel, tower bottoms, etc, with almost no investment...).... follow the price of crude...???????????

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John MacConkey Jun 23, 2017 2:35PM GMT

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Xom should see 83.60-85. By end of July. Bears beware. Whole sector is going to bounce here. We pushed down below lows and came bak hard green. Long on this reversal

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