That ship has sailed.
30 replies (most recent on top)
@2jyh+17ycdcbJ Not if you are Darren Woods! Great increment and he is in control of the dividends.. the more EM gives, the more he gets! Genius!
If we miss Oct 29 dividend and Biden is elected, stock should hit $25/share
Correction: US bull market started in 2009. If you did nothing but invest in a broad US index, you would’ve made 14% annualized returns.
XOM would’ve lost you money even with the dividends.
It’s been a bull market in the US since 2010. Anyone not holding XOM stock should’ve seen 14-30% returns.
Financial genius reveals his secret strategy for getting rich and his stock pick of the decade:
"Motley Fool paid subscriptions and Strong Buy on XOM"
HAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAH
If you are doubling your money every 4-5 years, why are you trolling this site? Me thinks you might be a Motley Foolish insider
@1bxj+17ycdcbJ Sorry gave the wrong website in my previous post. Correct website is:
https://www.fool.com/
@dgk+17ycdcbJ - I predict the stock will go back to $100 in 3-5 years without a split. It was $105 in 2015 I think, all I am saying it will go back to $100.
Still 50-60% of all energy will have to come from fossil fuels. Those thinking that electric and win and replace crude oil are naive. As I keep repeating - jet fuel? big ships?? Electric? No way!
Get rid of crude oil?? The how do you make plastics? Plastics are growing in demand daily.
Just cannot phase out crude oil. Electric and wind will grow from current low levels to may be 20-40% at most but crude oil will still provide 50-60% of energy.
People always overreact, get scared and sell low and lose money.
For the one that did not believe I can get 15-25% returns, I tell you my secret - Motley Fool -www.thefool.com. My portfolio - Tesla, Facebook, Pinterest, Crowd Holdings, Southwest Air, Wix, Wex, Amazon, Linde, Berkshire B and a total of 36 stocks from premium porfolio. Their suggestions plus common sense, I have repeatedly done at least 15% avg rate per year.
Yers absolutely the day when ExxonMobil"e" has 10 to 1 reverse split :)
@dgk+17ycdcbJ - Good luck with that. Pre-COVID, ExxonMobil stock’s 10 year average annual return was about 1%. Were not all of your arguments applicable before the pandemic? Why the lousy performance for 10 years before the pandemic? Stock buyers must make their own decisions. Would caution them to fully study investment options that will impact their family’s financial future. You said you get 15-25% returns, so you are either the world’s greatest investor or perhaps something else. A diversified portfolio is the only one worth having for the long term.
So... Exxonmobil announces layoffs and chevron stock is also up ~4%? Me thinks the increase in price has nothing to do with layoffs.
People on this sub are just as short sighted as the market. They can only see to the next quarter.
Also, this is a layoff site. It's just going to be negative sentiment.
The stock went up today after layoffs were announced.
I was (@veu+17ycdcbJ) was NOT being sarcastic. Peter Sankey, a long time oil analyst agrees with me. I bought Twitter stock years ago at 16 when everyone gave it a SELL rating with their expert opinion it will land up at 14. I sold it in the 30s. I always invest in about 30 stocks and I am averaging 15-25% yearly return.
Do you think jet engines, cruise ships, big ships, big machinery is going to use electricity anytime soon? Do you think poor and developing countries will have electric trucks to transport essentials? Do you think the world population that doubled from 3.5 billion to 7 billion in just 43 years is going to magically slow down and everyone using birth control? No, no no!!!
Also ExxonMobil is big in polymers, this will always be a growing area. Electric cars, planes, computers, homes - everything needs plastic and this demand will keep increasing.
If you own ExxonMobil stock now, it is not the time to sell. They will make major corrections, layoffs and with higher prices will turnaround.
I am NOT joking, I am NOT sarcastic and I get 15-25% stock market returns.
Correction: the previous post was directed to @veu+17ycdcbJ
@veu+17ycdcbJ was likely being sarcastic. If not, that was the worst outlook and advice I’ve seen in a long time. Might be better to avoid the hurricane in the first place and not load up on ExxonMobil stock!
@nmt+17ycdcbJ was likely being sarcastic. If not, that was the worst outlook and advice I’ve seen in a long time. Might be better to avoid the hurricane in the first place and not load up on ExxonMobil stock!
It will be in the low to mid 20s during the next 12 mos.
Stock will be $100 after a few years. Electricity and wind cannot power jet engines, ships, heavy excavating machinery, remote operation and in poor/developing countries.
Look at trends of skyrocketing human population. Indonesia, N—ria and similar countries families having 7-15 children per family! Google the country of N—r - located near N—ria. Population expected to grow to 65 million from current 21 million. Indonesia - land is sinking in Jakarta because population explosion - too many people s—ing drinking water from bore wells.
Do you think all these densely populated countries will have electric trucks and electric buses for normal mundane transportation?
Do you think United and Southwest will be flying with batteries and not jet fuel?
ExxonMobil stock will come back to $100. Mark my words. The sperm and the egg and horny people in developing countries will keep increasing demand for oil and gas.
Yes number of electric cars will grow faster, no question, but demand for oil will also grow, very slowly but it will grow.
And with all the beating from politicians and green energy people, and bankruptcies of smaller oil and gas firms, in 5 years the demand would have grown due to population growth and supply would have been reduced with the electric focus.
We will see a smaller higher demand for oil and gas and a lot tighter supply of the same and the stock will go back to $100.
So for now, please do not sell the stock, in fact buy more in 401K, and hold.
Also those of you worried about 401K - not to worry - if you been working for say roughly 25 years, the dividend income is $40K per year! So this is like having a 401K portfolio of $800K almost.
Hold on tight, relax, the hurricane always goes away and you see sunlight eventually.
Never again. Fracking has changed the market structure. I’m so relieved I sold my ExxonMobil stock several years ago when it was at $85. My Savings Plan balance would be half of what it is today if I had kept all of that EM stock.
EM stock strategy = buy low, sell much lower
If it ever will, the lowest of the FAANG shares will be $1k+ per unit
It WILL happen with one minor correction.
Just move that decimal point one space to the left.
Possible and anytime, just do a reverse stock split!
Perhaps if we chance the PowerPoints template from #WeAreExxonMobil to #MakeExxonMobilGreatAgain , it’s possible that employee moral will get a boost and thus aiding to the $100 per share cause.
You have big dreams friend.
Algae will bring us back
Amazon would be 30K per share by that time
Never happen.
I believe XOM will see $100, after 1-for-5 reverse split to reduce number of shares when it touches $20
Crystal ball is cloudy
There’s been a lot of quantitative easing and where did that take XOM share prices? Today’s SP would need to increase 200% to be close to $100...it’s just not happening mid-term. XOM is not a growth stock, and never will be...it will continue trading at low P/E ratios (0-30). During 2007-2008 recession XOM value dropped about 30-35% And let’s not forget we were at all time highs, stock was ripe for a pullback and bears took over. The perceived recovery of SP to all time highs took 5 years back then. New (passive) investors who went long at all time highs in June 2014 have not seen any positive returns, let that sink in...at least you have your reference for a strong resistance. In any case, pre-COVID 19, stock traded -30% from all time highs (with support at $70) for the stock to come down crashing 50% to a new support level of ~$30. Unlike many stocks, XOM SP has seen a CORRECTION with strong support at $30 and resistance at mid-$50s. XOM performs best in oil major space when oil’s at +$100 but worst in low margin environments, so COVID 19 really did XOM here BUT these days it is not just about the cost of a bbl, it’s the sentiment... institutional push away from oil and towards green energy does not help XOM and certainly that reflects better recovery of our rivals who are not doubling down on oil but diversifying into tangible greener solutions (unsure if algae is even tangible hence the comment). We have entered a new norm for our SP and it will be trailing behind SHELL/BP/TOTAL on growth due to our stubbornness wrt oil heavy/lack of diversification and continued higher cost to serve. $100s are not coming back...the SP has been corrected...just look at NYSE:OXY and you will see how bad things can (very realistically) turn for XOM.
That depends on not only how well EM is doing but also how much the government is printing.