- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Barron's Article - ExxonMobil stock could increase by 40%
Posted on 6/15/21 at 5:56 pm
Posted on 6/15/21 at 5:56 pm
Barron's
Looks like this is a pay wall article. I was able to read it on my iPhone stock app when looking at related articles to XOM. Basically predicts that the company will be able to continue to increase dividends and oil demand looks bright. I just dumped all my BP because I got tired of seeing them divest out of oil related businesses and moving into wind energy. If I buy oil company stocks I want them to be oil companies, not alternative energy companies. Oil demand isn't going away anytime soon, gasoline demand may decrease, but not the total volume of oil based chemicals and products.
Looks like this is a pay wall article. I was able to read it on my iPhone stock app when looking at related articles to XOM. Basically predicts that the company will be able to continue to increase dividends and oil demand looks bright. I just dumped all my BP because I got tired of seeing them divest out of oil related businesses and moving into wind energy. If I buy oil company stocks I want them to be oil companies, not alternative energy companies. Oil demand isn't going away anytime soon, gasoline demand may decrease, but not the total volume of oil based chemicals and products.
Posted on 6/15/21 at 5:58 pm to Ramblin Wreck
quote:
If I buy oil company stocks I want them to be oil companies, not alternative energy companies.
Well about Exxon’s new directors…
Posted on 6/15/21 at 6:02 pm to Ramblin Wreck
I heard twice on tv they are expecting 100/barrel. Another YouTube guy, Gregory Mannarino, was expecting at least 80. He’s hilarious. Looks like the love child of Rick Pitino. Constantly harping on crude oil, 10 year treasury, inflation, the Fed…the true drivers of the market. Basically always calling out the media and their bs reasons the market is moving. Him and AK Fallable balance out the YouTube pumpers.
Posted on 6/15/21 at 6:06 pm to slackster
quote:
Well about Exxon’s new directors…
Yep, at least ExxonMobil hasn't divested of their refineries and gone as far as BP and Shell are. Time will tell, but if oil does what the writer predicts and the stock does that well, I think the new directors will not necessarily represent the opinions of those that put them there.
Posted on 6/15/21 at 6:12 pm to xxTIMMYxx
quote:
Mannarino
Love his YouTube rants
Posted on 6/15/21 at 6:22 pm to Ramblin Wreck
quote:
ExxonMobil stock could increase by 40%
Good, I’m ready for an early retirement.
Posted on 6/15/21 at 6:57 pm to Ramblin Wreck
On top of the 70% I'm up from buying at the absolute low, me likey
This post was edited on 6/15/21 at 7:01 pm
Posted on 6/15/21 at 8:25 pm to Ramblin Wreck
Exxon has been a big contrarian play for this board. Every time someone talks them up they let us down. Someone slammed them on here in October, pretty much the precise moment the stock started moving higher. I hope this does take off.
Posted on 6/15/21 at 10:55 pm to Ramblin Wreck
How y’all feeling about CVX?
Posted on 6/15/21 at 11:45 pm to Ramblin Wreck
Oil is going to $100/barrel.
Cost cutting last year.
Companies will be printing money.
All oil companies are good bets.
Refiners more variables.
But upstream is gonna be crushing it for sure.
Cost cutting last year.
Companies will be printing money.
All oil companies are good bets.
Refiners more variables.
But upstream is gonna be crushing it for sure.
Posted on 6/16/21 at 6:37 am to Ramblin Wreck
I been telling people to buy oil and oil related companies
They’ve been quietly doing very well
Oil is at $75! That is a very profitable level for companies and service companies to do real well.
They’ve been quietly doing very well
Oil is at $75! That is a very profitable level for companies and service companies to do real well.
Posted on 6/16/21 at 8:13 am to Ramblin Wreck
I bought 7000 shares of XOM at $33 last October. It has been the single best investment move I have made.
Posted on 6/16/21 at 8:14 am to Ramblin Wreck
my top dividend ETF has XOM as its top holding. So i hope you are correct
Posted on 6/16/21 at 9:14 am to Ramblin Wreck
Love seeing positive news on Exxon. 40% gains from here would be
Posted on 6/16/21 at 1:55 pm to Ramblin Wreck
Interesting
This post was edited on 6/16/21 at 2:02 pm
Posted on 6/16/21 at 2:11 pm to Ramblin Wreck
David Tepper is also bullish on the market and on energy stocks in particular.
Posted on 6/16/21 at 5:50 pm to Ramblin Wreck
So I guess I'll continue to be thankful for my Exxon stock inheritance and keep it.
Posted on 6/16/21 at 5:55 pm to CollegeFBRules
quote:
$33 last October
Got in a few times around those levels and kept buying up to about $50.i wish it were a bigger % of portfolio but it's significant. Dividend is nice in the IRAs too
Popular
Back to top
Follow TigerDroppings for LSU Football News