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re: It’s a great time to be in O&G: Record US production again in September

Posted on 11/30/23 at 2:52 pm to
Posted by Adajax
Member since Nov 2015
6461 posts
Posted on 11/30/23 at 2:52 pm to
Then why is my XOM still on the decline.
Posted by Corinthians420
Iowa
Member since Jun 2022
8706 posts
Posted on 11/30/23 at 2:53 pm to
quote:

Then why is my XOM still on the decline.

because gas prices are down?
Posted by notiger1997
Metairie
Member since May 2009
59292 posts
Posted on 11/30/23 at 2:53 pm to
Company stock price isn’t tied to oil production in the short term
Posted by EmmittLBrown
Member since Oct 2023
275 posts
Posted on 11/30/23 at 2:53 pm to
quote:

Then why is my XOM still on the decline.


The stock market is often completely disconnected from finances.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67142 posts
Posted on 11/30/23 at 3:18 pm to
quote:

Then why is my XOM still on the decline.


in the last 24 hours, it’s likely due to Venezuela and Guyana border disputes. (same for Hess and Chevron)
This post was edited on 11/30/23 at 3:20 pm
Posted by Adajax
Member since Nov 2015
6461 posts
Posted on 11/30/23 at 3:32 pm to
I was being facetious, but I appreciate the input.
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