#Exxon$XOM has complied with oil conservation laws and has worked to further decrease their cabon footprint. What oil regulatioon do is to hurt small new startups hemmoraging money.
As they should. #Exxon may be a great dip buy given they absorbed their asset write off in 1 quarter. Especially since they are liable to add it back in later which is why the whole baloney about their assets not being written off is so bunkus. In reality, if they followed the suit guidance they should write up their assets as well to market because most of their assets are undervalued when they bought them as they should be. This is why they are the leaders in oil.
If we see decent revenues increase this year the stock will surge. $XOM
Yes, They Are Coming For The Oil Companies
People Aren't Buying Highs; They Are Buying Dips
As they should. #Exxon may be a great dip buy given they absorbed their asset write off in 1 quarter. Especially since they are liable to add it back in later which is why the whole baloney about their assets not being written off is so bunkus. In reality, if they followed the suit guidance they should write up their assets as well to market because most of their assets are undervalued when they bought them as they should be. This is why they are the leaders in oil.
If we see decent revenues increase this year the stock will surge. $XOM