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Exxon Mobil Corporation Message Board

  • nip7890 nip7890 Jan 30, 2013 7:27 PM Flag

    Downgraded - just the beginning

    I told you - back to $80.

    Macquarie analyst downgrades Exxon Mobil
    Macquarie analyst lowers rating for Exxon Mobil to "Neutral," says shares may be close to peak

    NEW YORK (AP) -- Macquarie Equities Research downgraded Exxon Mobil because it doesn't believe shares have much more room to move to the upside. Shares are nearing an all-time high after rising 6 percent over the past month.

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    • CARACAS (Reuters) - Venezuela's government and state oil company PDVSA are in urgent talks over a long-expected $6 billion in loans from China and U.S. energy giant Chevron that would help relieve the nation's strained finances, sources close to the discussions said.

      Oil Minister Rafael Ramirez said this week that PDVSA had no plans to issue any more dollar-denominated bonds, confounding widespread speculation that one was planned to address a chronic shortage of dollars for local businesses.

      That has left the government in the OPEC member seeking other forms of financing, amid pressure to order a devaluation of its currency that would ease the pressure on its cash flow by providing more bolivars for every dollar of oil sales.

      Chevron would give money to Venezuela?


    • I'll take the divy thank you and hold my 1000 shares. ". . . declared a cash dividend of 57 cents per share on the Common Stock, payable on March 11, 2013 to shareholders of record of Common Stock at the close of business on February 11, 2013."

      Sentiment: Hold

    • WHO,mac-a-who research,well I hope its not there first row-dell.the current 12 mo. price tg. for xom is 103.earns. should be strong. mho (all the oils will be strong)

      Sentiment: Hold

      • 1 Reply to wdsjr22949
      • Yes, I'm aware that most small-time investors like yourself who have a limited view don't know about any firms without a brand name. The brand names like Goldman are always best - isn't that correct?

        That's fine, this is just the first downgrade with others to come. Let's see how you feel once some of the brand names you do know follow.

        All the oils should be strong? Go tell that to Shell.

        $80 is where XOM is headed.

80.08-0.35(-0.44%)Feb 9 4:01 PMEST