k45

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.