Big Trouble For The Big Three U.S. Oil Companies: Financial Disaster In Its Domestic Oil & Gas Sector

The financial data shows that the Big Three Oil Majors are struggling to make money in their U.S. domestic oil and gas sector. Now with the U.S. and global economy heading into a depression, the financial situation for ExxonMobil, Chevron, ConocoPhillips will only get worse.

The world is finally heading over the ENERGY CLIFF, but few realize the dreadful impact this will have on the U.S. Suburban Leech & Spend Economy.

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John F. Donaldson 1 year ago Member's comment

So if oil stays at 10 19 or 25 yes $XOM is in trouble. But no one thinks $WTI will be that low for long. #Oil is trading mid 30s right now and if it trades above 40 in the upcoming weeks. XOM and its dividend will be just fine.

Old Time Investor 1 year ago Member's comment

Increasing profit margins by decreasing sales is not necessarily a good thing. I can make clothes from home and sell them for insane margins. Does that mean I’m going to be rich selling 10 shirts a month?