Exxon Stock....buy,hold, or sell - Page 2 - TigerDroppings.com

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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80716 posts
 Online 

re: Exxon Stock....buy,hold, or sell


quote:

..I just checked exxon over the last 5 years with dividends reinvested returned just 10.89%

That's a great site you linked. I've bookmarked it for future reference.

Do XOM again but for 10 rather than 5 years and see what you get.






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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3610 posts

re: Exxon Stock....buy,hold, or sell


quote:

if I sold my XOM I'd have to pay over $100,000 in LTCG income taxes








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CHSBears
Texas A&M Fan
Baton Rouge
Member since Aug 2007
514 posts
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re: Exxon Stock....buy,hold, or sell


FIL, took XOM buyout in 1980's, lump some settlement. Died last year, MIL and 2 daughters converting 60k shares to electronic book entry. CompuShare as Agent for XOM is disputing a paper certificate for 29 shares. Could cost more in research fees than the value. Shares are from the 1950's "Standard Oil Co."





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tiger perry
LSU Fan
Lafayette, LA
Member since Dec 2009
16874 posts
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re: Exxon Stock....buy,hold, or sell


I have XOM stock in my Roth IRA And regular portfolio and consider it a hold long term...





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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56035 posts

re: Exxon Stock....buy,hold, or sell


quote:

russian, you're my most respected poster on this board as far as stocks are concerned


Son of a bitch.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80716 posts
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re: Exxon Stock....buy,hold, or sell


I'm sure he meant except for you, Broke.....





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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56035 posts

re: Exxon Stock....buy,hold, or sell


quote:

I'm sure he meant except for you, Broke.....


I have 100% of my portfolio in XOM. Since $59. I'm like some kind of fricking genius right now.






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bbvdd
Alabama Fan
Memphis, TN
Member since Jun 2009
8636 posts

re: Exxon Stock....buy,hold, or sell


Bloomberg is say that they will declare their dividend on 4/24. It's showing that it is expected to be $.65 from $.57





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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21514 posts
 Online 

re: Exxon Stock....buy,hold, or sell


Exxon has stated they want to increase their dividend to become better aligned with their competitors.





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Exxon Stock....buy,hold, or sell


russian, thats true, take a look at that sites portfolio backtest.....try altria from the 70's till now...MO has returned 48,000%?!?!?! the best performing stock of all time, thats why my portfolio is 30% PM and 25% MO haha

LINK






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PlanoPrivateer
LSU Fan
Frisco, TX
Member since Jan 2004
1332 posts

re: Exxon Stock....buy,hold, or sell


I thought I had you beat on price but I went back and checked. I bought in at $60.08 (cost basis) on 5/25/10, so you win. But it is a small part of my portfolio. I hope you are kidding about being 100% of your portfolio.





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80716 posts
 Online 

re: Exxon Stock....buy,hold, or sell


quote:

I agree with you that XOM's dividend yield is too low but you have to remember that Exxon has raised its dividend EVERY YEAR for the last 30 years. That's a pretty impressive record. And they usually make their dividend increase announcement either at the end of April or the first week of May, so if they follow their pattern we should hear about a div increase soon.



quote:

Exxon Mobil Raises Dividend to 63 Cents a Share
10%+ increase!







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tiger perry
LSU Fan
Lafayette, LA
Member since Dec 2009
16874 posts
 Online 

re: Exxon Stock....buy,hold, or sell


yay.Exxon is my biggest holding





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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3610 posts

re: Exxon Stock....buy,hold, or sell








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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21514 posts
 Online 

re: Exxon Stock....buy,hold, or sell


34% increase the last two years. They still trail other major IOCs so I would expect it to go up to near $.70 next year. Good times for those that rely on the div for income.





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80716 posts
 Online 

re: Exxon Stock....buy,hold, or sell


quote:

Good times for those that rely on the div for income.
It's also good times for those of us who don't rely upon dividends for income.






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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21514 posts
 Online 

re: Exxon Stock....buy,hold, or sell


So you think Exxon isn't putting their capital to good use either?





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80716 posts
 Online 

re: Exxon Stock....buy,hold, or sell


quote:

So you think Exxon isn't putting their capital to good use either?
I don't think I've said that in this thread.






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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21514 posts
 Online 

re: Exxon Stock....buy,hold, or sell


Well what do you think?





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80716 posts
 Online 

re: Exxon Stock....buy,hold, or sell


I think Exxon's management know what they are doing. If I didn't think that, I'd sell my shares.





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