Lazy Al

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  • ConocoPhillips' Price Breakthrough: Still a Bargain

    Not agreeing to Chavez’s terms cost Conoco $4.6 billion in expropriated assets and the loss of hundreds of millions of barrels of proved reserves.

    Mulva may have gained respect and admiration for his decision, but it will have a major negative impact on the company’s bottom line. Sooner or later, he will be offered less generous terms from other oil producing nations. Can he afford to walk away from all of them?
    May 19 17:41 pm |Rating: 0 0 |Link to Comment |View article
  • Some Big Oil Getting Bigger and Better
    Fitzman,

    I expect XOM will make an unusually generous (for XOM) increase to the quarterly dividend within a few days.
    Apr 30 21:19 pm |Rating: 0 0 |Link to Comment |View article
  • Some Big Oil Getting Bigger and Better
    The writer scoffs at Exxon’s dividend rate while failing to mention that Exxon’s stock has substantially outperformed both BP and Shell over the past two years.

    Dividends are nice, but they’re not the only gauge of success.
    Apr 30 15:59 pm |Rating: 0 0 |Link to Comment |View article
  • Exxon Mobil: Dividend Aristocrat
    Jan,

    XOM has “showed me the money”, in the form of a 100% capital gain over the past three years.
    Dividends are nice, but they’re not the only benchmark to gauge successful companies.
    Apr 24 08:45 am |Rating: 0 0 |Link to Comment |View article
  • Exxon Mobil: Dividend Aristocrat
    Picture the political fallout from this headline: “EXXON MOBIL INCREASES DIVIDEND BY TWO BILLION DOLLARS!” The Dems would have a field day with that one. I think XOM is smart to use most of their outsized profits for share repurchases, at least until the election is over.

    They will be moderately increasing their dividend (probably $0.16-$0.20 per share) in a few weeks.
    Apr 23 16:38 pm |Rating: 0 0 |Link to Comment |View article
  • Exxon Mobil: The Root of all Evil?
    There appears to be growing consensus that grain-based ethanol is disaster (a disaster to be perpetuated, if the government’s current ethanol mandate is fulfilled).

    I was involved in the startup of one of America’s first (and still one of the largest) ethanol plants, New Energy Co. in South Bend, Indiana. In 1980, ethanol made economic sense. Corn production exceeded demand; ethanol production absorbed some of the surplus, thereby stabilizing prices. Only a few questioned the long term implications of a food-for-fuel tradeoff. Now we’re left to deal with the consequences.
    Apr 14 22:46 pm |Rating: 0 0 |Link to Comment |View article
  • Exxon Mobil: The Root of all Evil?
    Sir Sid:

    As for your recommendation to expropriate Venezuelan assets; Exxon tried that a few months ago (after Chavez illegally seized Exxon’s oil properties in the Orinoco Basin). A British court promptly dismissed the case.

    Oil producing nations will continue to demand an ever-increasing share of the profits and there’s little the oil companies or the government can to do stop them.
    Apr 13 19:57 pm |Rating: 0 0 |Link to Comment |View article
  • Exxon Mobil: The Root of all Evil?


    Rattus

    I meant to imply that if the federal government were as financially prudent and efficient as the oil companies, this country would be in much better shape than it currently is.
    Apr 13 16:52 pm |Rating: 0 0 |Link to Comment |View article
  • Exxon Mobil: The Root of all Evil?
    Halleluiah, thank you for a rational assessment amidst all the hysteria and demagoguery.

    Rather than have government regulate the oil companies, I’d sooner see the reverse. We’d probably have a budget surplus instead of a half-trillion dollar deficit.
    Apr 13 15:55 pm |Rating: 0 0 |Link to Comment |View article

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