Just buy PBR instead and get a 20% cash dividend with expanding production in the Deepwater pre salt...
I own XOM but only adding PBR since their all in lifting costs are under $25 per barrel and sells for a premium over Brent because of the quality of the oil...
Funny how no one but Goldman writes about PBR...
They recently announced they have purchased 5% of all publically traded A shares... All you need to know 🤩
Cut and paste from Seeking Alpha article? Really? Troll…
Buhaha. Who are you? Mikey Cousins overpaying billions for scraps in Brazil??
So much winning.
PBR is a dog…debit is very high and have about 6 months of decent cash flow. If you want to lose a bunch of money invest in PBR.
When engineers try to do finance…
PBR has 5-6 times the debt of XOM. Google “yield trap” and get back to us
I can get a half-barrel of PBR for 60 bucks. The college friends still dig it and we can forget about all this layoff cr-p
I have a stock to sell you man - try Tengizchevroil