8 Possible Targets for Exxon's Cash [View article]
XOM could do so many positive things for the company by investing in small nat gas or green companies. They should be taking advantage of this finanical crisis to buy up the likes of CHK or any other company that is financially distressed. They need reserves and CHK has them. Unfortunately, they are likely to go the PFE route and buy some big company with declining reserves.
Why don't these guys ever learn from a CSCO? Buy up small, private companies in the need of cash to expand business. Use their leverage and expertise to grow, instead they've just become a bank.
8 Possible Targets for Exxon's Cash [View article]
Why don't these guys ever learn from a CSCO? Buy up small, private companies in the need of cash to expand business. Use their leverage and expertise to grow, instead they've just become a bank.