Wed, Jul 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commentaries, Investment, Oil more

Don’t like how big oil invests? Blame wall street

Posted on 12 April 2013

Wall Street is unhappy with the performance of ExxonMobil’s share price. In the race of Big Oil share prices, Chevron is clearly winning. The discussion of relative share price performance is recently focusing on two things that distinguish the two oil giants. Unlike ExxonMobil, Chevron opted to stay out of Iraq and hasn’t yet purchased a US shale gas company. This begs the question: Who was right?
Wall Street is notorious for taking a short term, even quarterly, view. ExxonMobil has made a business out of taking the long view……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36088 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031