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re: Exxon

Posted on 1/31/20 at 3:26 pm to
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
76162 posts
Posted on 1/31/20 at 3:26 pm to
Jag,

My energy positions are just xom and SO, and makes up about 20% of my "side money" portfolio.
Posted by DeCat ODahouse
Premium Member
Member since Jan 2017
1711 posts
Posted on 2/2/20 at 1:38 pm to
quote:

5.5% divvy for XOM seems not real.

I'm still reluctant to buy, but I must say XOM feels like a stock that everyone will look back on in amazement that no one would touch at this dividend/ price ratio.
There was a looong time in the '90's that Apple stock was considered dead money.
Additional considerations for Exxon:
+They just boosted estimates on their Guyana field.
-It's in Guyana. A rather contentious Presidential race in the country will be decided in March of this year.
Rueters article
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 2/3/20 at 10:59 am to
I just sold some BP 32.5 puts ahead of earnings. If I get the shares put to me, I can live with 32.5, since that’s well enough below my current cost basis. I haven’t studied XOM at all. But for those who have, a similar play on it might be worth a look.
This post was edited on 2/3/20 at 11:30 am
Posted by ulsaint
Member since Oct 2007
2460 posts
Posted on 2/3/20 at 10:08 pm to
Look at xom the last 10 years compared to spy.

It’s been dead money.
Posted by CHSBears
Baton Rouge
Member since Aug 2007
794 posts
Posted on 2/4/20 at 3:27 pm to
XOM under $60.00 @ the close. Goldman Sachs lowered to sell.
Posted by bluewing
south
Member since Jun 2013
174 posts
Posted on 2/5/20 at 1:48 am to
Jumped on XOM today!!!!!!
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 2/6/20 at 5:13 pm to
quote:

Goldman Sachs lowered to sell.
quote:

Jumped on XOM today!!!!!!


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