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Why Exxon Should Significantly Increase its Dividend

The higher dividends for many of the European oil companies is misleading because U.S. investors have European taxes deducted before we get our money :(

I do agree that Exxon should pay a better dividend.

I don't see Exxon going out of business in my lifetime. A good portion of their profits come from downstream operations. They also have smart management.

Exxon is not a company that stampedes with the herd during short term problems. They are in it for the long haul. Just like they didn't overspend during last year's peak in crude prices. Some companies rushed out and bought at the peak. Exxon sat quietly by and watched the $150/bbl prices evaporate.

I think watching Exxon's actions gives us a more accurate picture of the future energy situation than anything our government or media pushes.

Your Oil Stocks Aren't Coming Back

<<<The major difference between the aforementioned tech giants during the peak of the dot com bubble and the oil and gas stocks now, is that the tech giants were coming down from price-to-earnings multiples of 30, 40, even 50!>>>

Please go back and check your information. Cisco was selling at a P/E of 300 right before the tech stock bubble burst. A 100 PE had been "normal" during Cisco's big growth years, but that was almost reasonable since the PEG was 1 (yes, Cisco was doubling earnings each year for many years). At that point, Cisco had the largest market cap in the world, bigger than either GE or Exxon. The storm flags were flying!

8 Possible Targets for Exxon's Cash

Since when does wise money management make a hog? Oh yeah, since our government wouldn't recognize wise management if it hit them between the eyes.

Exxon already pays more U.S. taxes than than it returns to shareholders.


On Feb 18 01:56 PM bosun.j wrote:

> Sitting on $38B? $14B Q3? Yep, time to send them a tax bill for $30B!
> Pigs get fat. Hogs get slaughtered!