AGREE! Believe Maxi is actually a short seller because nobody but nobody is as stupid as he seems.
Stock holders will get 76 cent dividend Tuesday. It will be very welcome as this stock has lost 3 YEARS worth of dividends in 3 WEEKS. There will be no end of the Chinese water torture for shareholders. An unmitigated disaster. Stock has been dreadful since 2008 and will only get worse as oil plunges to near zero. Remember the oil supply is near infinite and there isn't even anywhere to put the stuff.
Agree.Maxi is still living in 1990. 100% wrong but consistent. Multi year low suspect more to follow. One thing sure, Buffett didn't sell because he thinks Exxon will go up!
Really???? By the way Maxi we are within one point of a multi- year LOW. Exactly what is the catalyst to turn things around: the crashing oil prices, the falling production, or the blocked deals with Putin. Or is it your gut instinct that has made you tout Exxon for these 6 disasterous years for the stock. Remember Dow 18000; XOM multi year low and falling fast with no reason why it should not plunge much farther.
Wow, Dow over 18000 and Exxon is just over a point from a multi year LOW.
Between the underperformance and the incredible opportunity cost of holding this stock over the last 6 years holders have been deprived of trillions of dollars of wealth.
Maxi- 6 years of being consistently, hopelessly wrong on Exxon while the Dow went up over 10,000 points, but I admire your tenacity as misplaced as it is!
All utilities are down significantly due to interest rate concerns. But SO has easily been the poorest performing utility stock over the short,intermediate, and long term. It has the highest yield because of terrible relative performance of the stock price. This is due to massive delays and cost overruns at thir Vogtle plant and also incompetence in completing their Kemper plant. The CEO makes millions of dollars a year because of his expertise in this area. So the question is why does this Clearly incompetent CEO still have a job ??
Another day with the Dow up over 200 and this thing does nothing. Remember this stock was 79 when the Dow was much lower. The company has badly missed on several earnings reports in a row. The market certainly has not been impressed with the results of the Cooper acquisition. So, if you're happy with this stock's performance over the last year ( of course the stock is higher than it was 5 years ago-the market is up
over 2 1/2 fold), then more power to you. Objectively the performance of this thing has really stunk. It's way past time for Sandy Cutler to hit the road.