XOM Archives - Market Mad House

daniel October 24, 2018 Exxon-Mobil (NYSE: XOM), Exxon-Mobil (XOM), Exxon-Mobil is No Longer a Value Investment, How Lawsuits Threaten Exxon-Mobil, How safe is Exxon-Mobil’s Dividend, Money is the real reason for Exxon-Mobil (XOM) Climate Change Lawsuits, Motors (NASDAQ: TSLA), Volkswagen AG (VLKAY), XOM

Is Exxon-Mobil (XOM) Making Money?

Money rather than moral outrage is the probable motivation for the lawsuits. Exxon-Mobil’s (XOM) financial numbers indicate the company is generating a lot of money.

For example, Exxon-Mobil reports a free cash flow of $2.853 billion; and an operating cash flow of $7.78 billion, for 2nd Quarter 2018. Moreover, Exxon-Mobil earned a $23.799 billion gross profit on $73.501 billion in revenues during the 2nd Quarter.

Exxon-Mobile received a $3.95 billion net income and a $6.659 billion in operating income in 2nd Quarter 2018. However, Exxon-Mobile had only $3.43 billion in cash and short-term investments on June 30, 2018.

Therefore, Exxon-Mobil is not making that much money for a company that generated $244.363 billion in revenue in 2017. Exxon-Mobil generates a lot of revenues but it does not keep that much money in the bank.

Another problem is that Exxon-Mobil’s high revenue growth (26.56% in 2nd Quarter 2018) is not translating into cash. The return on Exxon-Mobil’s revenues is low.

Long Ideas

daniel July 25, 2015 300 mile Range electric Car, CVX, Gigafactories, Hyperloop Progresses, Ludicrous Mode, Musk plans more Giga Factories, Oil Price Collapse, Panasonic, Super Fast Tesla, Tesla Ludicrous Mode, Tesla Model S Range, Tesla Motors, TSLA, What is Elon Musk up to, XOM

Elon Musk Just Proved Electric Cars Are Competitive with Gas and Diesel Burners

In today’s world, electric cars could soon be cost competitive and high performance while oil companies are struggling to survive.

Long Ideas

daniel July 14, 2015 IS big oil still a value investment, Is the energy industry being disrupted, Is the oil industry being disrupted., What will replace oil., Why did Buffett dump Exxon?, Why is Sears closing, XOM

Energy Disruption: Why I Won’t Buy Oil Stocks Now

My prediction is that the energy industry is about to go through a process of disruption similar to what the computer industry went through in the 1980s. In 1980 the computer industry consisted of a few companies such as IBM that relied upon giant centralized systems. By 1990 the industry had become decentralized as new competitors like Apple sold smaller, cheaper machines that diffused computing power to everybody.

Politics

daniel April 15, 2015January 25, 2016 Exxon-Mobil, Geopolitical Threats, Iran, Oil, Putin, Russia, Russian Orthodox Church, Theocoracy, XOM

Is Russia a Theocracy?

In terms of its historical origins, domestic policy, and foreign relations, the situation in Russia has some disturbing similarities to Iran. In both nations, an all-powerful religious establishment is promoting authoritarian government, undermining democracy, and supporting or at least turning a blind eye to state-sanctioned terrorism.

Market Insanity

daniel April 2, 2015March 6, 2016 Benjamin Graham, Berkshire Hathaway, BRK.A, BRK.B, Charley Munger, COST, Costco, Disruptive Technology, ExxonMobil, Kansas City Southern, Mr. Market, Mr. Money Mustache, PayPal, RAD, railroad stocks, TPUB, Union Pacific, Value Investing, Warren Buffett, XOM

Is Uncle Warren Going Shopping?

What’s more intriguing is that Uncle Warren himself seemed to confirm such speculations with a cryptic remark to MSNBC. After calling Exxon a “wonderful company,” he said, “We thought we might have other uses for the money.”

Politics

daniel February 26, 2015February 18, 2016 Berkshire Hathaway, BRK.A, BRK.B, COST, Disruptive Technology, Elon Musk, ExxonMobil, SU, Suncor, Warren Buffett, XOM

The Real Reason Warren Buffett Sold Exxon-Mobil: Saudi Arabia

Buffett’s move shows us the future of oil; it’ll be drilled in safe places like Canada while investors leave the Middle East to burn.

Long Ideas

daniel February 10, 2015June 1, 2021 CVX, Musk, SCTY, Tesla, TSLA, WMT, XOM

The Future of Energy

What’s happened in oil and natural gas is likely to be repeated in other areas of energy, such as electricity. Electricity costs in the U.S. are rising because large utilities are in a position to monopolize electricity production and distribution in the country. This is likely to change because of technological progress.

You Missed It

daniel January 30, 2015February 5, 2016 Benjamin Graham, Berkshire Hathaway, Chesapeake Energy, Chevron, CHK, COST, Disruptive Technology, ISIL, ISIS, Islamic State, Keystone Pipeline, Koch Brothers, Oil, Saudi Arabia, SU, Suncor, Tesla, Value Investing, Warren Buffett, XOM

ISIS Attacks Saudi Arabia

Strangely enough, the United States and Canada and some U.S. oil companies might benefit if ISIS attacks Saudi Arabia and destroys its oil fields.

You Missed It

daniel January 24, 2015 Benjamin Graham, Disruptive Technology, Dollar General, ExxonMobil, Gold, GOOG, Kroger, Oil, Tesla, Warren Buffett, XOM

Falling Commodities Prices could Create Economic Turmoil

The effect of falling oil prices should have us wondering about other commodities and energy in general. As modern technology makes increases the supply of commodities, prices will drop making industries and enterprises unprofitable with devastating effects on employment and the greater economy.

You Missed It

daniel December 4, 2014April 6, 2016 AAPL, American Express, Apple Pay, Berkshire Hathaway, Big Retail, COST, Costco, Diesel Fuel, ExxonMobil, Gasoline, KR, Kroger, Natural Gas, New Source of Electricity, PayPal, Plug Power, Target, TSLA, Value Investing, Visa, WAG, Wal-Mart, Warren Buffett, XOM

How Lower Gasoline Prices Could Affect Big Retail

Energy is not the only industry that would be disrupted by falling oil and gas prices. The effect of cheaper gasoline on big retail could be just as profound and wide ranging.