The current political climate is not good for O&G companies and taking into account the several recent incidents considering EM specifically, I'd say the stock's prospects don't look good. If you're brave I guess you can continue to hold and hope... — read more
Is it time to dump XOM?
That’s the thought that keeps crossing my mind more and more lately. I have a substantial amount of XOM shares in my portfolio which I bought in early 2020. I was planning to hold on to it for a while, given that at the time I was under the... — read more
Directly tied to price of WTI or not?
A drop from to $52... To some extent I expected that to happen, with new Covid outbreaks combined with a strengthening U.S. dollar and oil price collapse. However, some believe that the price of this stock is not directly tied to the price of WTI. I... — read more
Having faith in XOM paid off
I held some XOM already, and when the stock dropped in September I decided to increase my stake. It was a calculated risk on my part and it paid off. The stock has rallied and I'm very happy with how my portfolio looks currently. I'm even considering... — read more
Being careful is great, but don't start missing out on opportunities
If you're fearful of taking on a stock like XOM due to the company's "uncertain" future, I understand. I get it. I really do. You're being careful and that's smart but in my view, XOM is a "hidden" gem. I hold it for the dividend, for example, but in... — read more
I'd like a dividend increase but
I think it is more important to reduce debt
XOM dividend declared $0.87 per share
Not bad at all, it's the same as the previous quarter and I anticipate that it will grow... Not too shabby at all...
Should I sell or should I hold?
I’ve picked up some XOM shares at the beginning of February. I figured that the demand for oil should spike during the summer and as we are getting out of the pandemic, so I thought that this was a good enough reason for the price to rise. What... — read more
Conflicted about the dividend
As a shareholder I certainly appreciate Exxon’s determination to maintain its dividend but to a certain point. When that determination starts causing downgrades and affecting the stock price, then it might be time to reconsider. The debt is getting... — read more
Indecisive
Is XOM in the mid $50 still a pretty good buy?
Should I sell?
I’ve been holding onto XOM hoping it’ll pick up once again but I’m starting to worry this stock is doomed and I should just sell at a loss. I can understand the market-crash loss but it’s had plenty of time to recover since then and it hasn’t. I just... — read more