It is very difficult to discuss Exxon Mobil’s (NYSE:XOM) business in any detail in a single article. The sheer scale of the company’s operations make it next to impossible to do that. We’re talking about an enterprise that, in its most recent financial quarter, reported total assets worth around $350 billion on its balance sheet. It produces four million barrels…
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Exxon Mobil Corporation (XOM)
For a long time the UK listed oil and gas super-majors were considered laggards compared to their North American peers. In the decade between January 2004 and January 2014, for example, Royal Dutch Shell returned 8.7% per annum assuming dividends were reinvested. BP returned a rather measly 4% per annum on the same basis. In contrast Exxon Mobil generated annual…
May 23, 2018
There was a fantastic research note going around last year summarizing the twenty year returns of various asset classes compared to the average investor. Somewhat unsurprisingly the latter ended up performing quite poorly against this basket. I think the average retail investor came away with annual returns of 2% during the twenty year period of the study, with only emerging markets in Asia, Japan and good…
April 6, 2016