Exxon Mobil Corporation
$0.23 (0.31%) Today
52 Week High
52 Week Low
7 Days Mentions
I've had positions in CVX, XOM and Faang since the oil crash. Opened a position in Oxy monday at 31 and up around 17%. It doesn't pay much of a dividend, 17% in a few days beats a dividend imho. The dividends on the limited partnerships are nice, but I'm staying away from the K1 hassles.
In 2008 the market was in a bad pull back, BOA was down to like 3$ back then I was 18. I also picked up XOM@$35 MSFT@$24 and many others along the way but the reason is these are all goo companies with strong balance sheets that pay dividends so I hold on to them and don’t think about them. I’m watching BOA very closely and waiting
Hey bud looks like everyone’s calling you retarded and laughing at you. You know what that means, you’re probably onto something. Will begin scaling into positions in XOM, CVX, DVN, & EOG or at least checking them out and attempting a solid entry. Good luck
CAN SOMEONE PLEASE EXPLAIN IN DETAIL IV CRUSH I am thoroughly nervous my large Options Call positions are going to fall apart. Please save me from tears. I have 500k in XOM calls and just bought them today and I am freaking out I’m about to lose all my money the moment I remembered IV CRUSH Someone please help explain how a crush takes place, is it best to sell before earnings or hang in if earnings should be positive. How do the affect short term medium term and long term options, deeply in the money of the the money and or at the money... To commend you all someone explained how to avoid an IV crush which really interested me after getting whipped out of a small cap, the advice was to buy deep in the money. I did that for a portion.
Okay so I was told to post here from wsb, because apparently those retards are truly retarded. Currently I have 500k XOM Calls and I and totally Bert nervous at the moment, maybe I’m the retard. But seriously, spur of the moment led me to hyper analyze a potential IV crush. Based on what I’m seeing currently IV in the 77th percentile what should I be worried about come earnings next week. Also to commend you all as a community, after getting burned on small cap IV crush, I bought a lot of deeply in the money options by the insight a bunch of you responded to someone else asking similar questions on how to avoid an IV crush. Looking for some help sleeping tonight...
CAN SOMEONE PLEASE EXPLAIN IN DETAIL IV CRUSH I am thoroughly nervous my large Options Call positions are going to fall apart. Please save me from tears. I have 500k in XOM calls and just bought them today and I am freaking out I’m about to lose all my money the moment I remembered IV CRUSH Someone please help explain how a crush takes place, is it best to sell before earnings or hang in if earnings should be positive. How do the affect short term medium term and long term options, deeply in the money of the the money and or at the money...
I'm not huge on giving out picks, because I can be as wrong as anybody. Oil and Gas. COP has been good to me recently (their dividend could use a boost), up almost 100% last year, and up 25% again this year. XOM. There are a lot of smaller names that have been doing well. A lot of them pay a dividend 6% or higher. The thing is it's very cyclical, doing well now. If you want a "set it and forget it", not sure oil is the place to be long-term. But right now it takes the sting out of the hyper growth stocks' selloff. Financials-- I like BAC. Of the ones you listed, FB and GOOG seem the most reasonably valued, also AMZN. Apple and MSFT still seem expensive and could be bought cheaper. Same with NVDA. But if you think the bull market will continue and rates aren't going up much, probably any of those are good. The thing that concerns me about those names is they make up a huge portion of the indexes, so there's massive concentration there and not much diversity. Best of luck.
XOM is still priced for high $60s oil. At 85 oil it easily earns $2+/share/qtr. SU will probably do great too with all their shale, otherwise they're basically the canadian XOM. I own SLB but think it's getting a bit too fully priced for now. Still like it long term. My yolo is RIG. Needs sustained prices higher than here and may not do anything for a few quarters, but if that happens, it's at least a 10x, probably more.
This is wrong. Consensus FCF estimates for ‘22E are ~$40bn. Debt service obligations on the same year are about $800mm. I feel like you just strung a bunch of jargon-y sounding words and hoping that you’re right? Because any cursory look at XOMs most recent 10Q and IP would tell you that their leverage profile isn’t any issue - I’m fact XOM is and has been the gold standard when it comes to leverage profile in the energy industry. Fuck, prior to COVID, XOM was **one of three fucking publicly traded companies*** with a perfect AAA credit rating from the S&P for fucks sake…
He still tells people to buy CVX rather than XOM, which has been the wrong call for a few years now, despite it being a 50:50 coin toss which US major to own. Although I notice he's no longer overtly anti-XOM anymore (now that it's run about 100% up).
I think it's a few reasons: * The market knows that oil prices will fluctuate wildly overtime, they won't stay high forever. * XOM (and other oil companies) can't control the price of oil, which leaves their prospects at the mercy of the above item. * The market is fearful that long term actions to curb climate change, and shifts to new technologies/alternate fuel sources will slowly curb demand for XOM's products, hence it's hard to justify a premium valuation for their stock.
Giant, integrated supermajors aren't as exposed to prompt month crude strip pricing because they're not wildcatter, pure play E&Ps? XOM has midstream assets, refineries, hedges, and a litany of other factors that would mute any volatility in the futures market.
The fact that you put Ford in there illustrates my point. Their total debt obligation is $163B. CVX and XOM are also in debt up to their eyeballs. Sure, Apple, Amazon, and Google have healthy balance sheets, but what about the 3,000 other publicly traded corps?
If you don’t think the FPE will hold for future quarters you don’t understand current markets I’m sorry... also, that headline is bogus, it’s happened before plenty of times you must be under 25... also, if you want to make money on that, or just in general right now... buy XOM calls dog.
Most of my stocks aren't too bad. My worst was ENPH enphase and NFLX stock, down about 50-60% from last year. Other than that I'm mainly in Boeing, XOM, MSFT, V which have gone down about 30% in the past few months. This drop made me realize to not swing for the fences when investing and take my slightly higher than average savings account 5% yearly gain stocks. I did have some tech stocks that were up about 60-80% around October last year but they have reversed and are now below the price I bought them at. I almost thought of buying more shares because everyone was riding those stocks TWLO, NOW, OKTA etc above 300-500 a share last year but now there all dipping to around 100 dollars which would have been unthinkable this year. Deep in my head I always wondered why an unprofitable company had stock prices that were so high though. Everybody always said it's cause of "future growth" but a lot of these companies don't make tangible products that you use. It is a lot like the dot com bubble where it's just theoretical apps, dubious cybersecurity companies, and other tech stocks who have created platforms that haven't even been proven much on the market yet.