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re: Who is still holding O&G stocks?

Posted on 12/30/22 at 12:03 pm to
Posted by Texas Tea 123
Member since Sep 2017
213 posts
Posted on 12/30/22 at 12:03 pm to
I would swap XOM in for BP. BP is truly a terrible company.

3-yr returns
BP -8%
XOM +57%
CVX +48%

5-yr returns
BP -17%
XOM +31%
CVX +43%

10-yr returns
BP -15%
XOM +29%
CVX +68%
This post was edited on 12/30/22 at 12:13 pm
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40909 posts
Posted on 12/30/22 at 12:46 pm to
Yeah no doubt BP had underperformed in the last decade, but think that are pretty lean at this point. Plus don't want to pay the taxes since it was held in a taxable account.

Think their transition to more renewables will help them medium term
This post was edited on 12/30/22 at 12:48 pm
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