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Bruce Lingle

Bruce Lingle
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  • ExxonMobil Q2 Earnings And Russian Operations [View article]
    For the sake of historical accuracy:

    On January 1, 2006, he was elected chairman and chief executive officer (NYSE:CEO). Per Wikipedia.

    Per yahoo finance's historical stock prices, XOM opened January 2006 at $56.42. Probably also worth noting the 4th quarter 2005 dividend payment was $.29 per share.
    Aug 1, 2014. 10:58 AM | 2 Likes Like |Link to Comment
  • Continental Resources Has Additional Near-Term Upside [View article]
    "how in the world is he ever going to be able to get out of the stock without causing a major selloff???"

    Merge with a larger corporation - Stock for stock swap. Like Bob Simpson and XTO.
    Jun 21, 2014. 01:26 PM | Likes Like |Link to Comment
  • Kinder Morgan: Vast Untapped Opportunity Looms [View article]
    Looking ahead to 2020 the article says almost half the CO2 they pipe for EOR purposes will be from industrial sources. So it won't all be "fossil" CO2.
    Jun 18, 2014. 01:44 PM | 1 Like Like |Link to Comment
  • Marcellus Shale: Through A Glass, Darkly [View article]
    Berkshire has the political pull to make utilities buy their "sustainable" energy regardless of cost. That's the key for the "sustainable" "renewable" energy biz.
    Apr 1, 2014. 12:27 PM | Likes Like |Link to Comment
  • Altria Group: A 'Perfect Storm' Creates A Big Buying Opportunity In This High Yielder [View article]
    Yes, even e-cigarettes with no known health risk afaik, are being attacked by national politicians. What a funny world it is.
    Feb 7, 2014. 11:57 AM | 2 Likes Like |Link to Comment
  • Exxon Mobil: Alignment At Work [View article]
    It would be interesting to know how the other companies compared to XOM compensate their execs. Re the table comparing XOM's ROCE to that of CVX, BP, RDS ... to my knowledge XOM has been the leader in such comparisons for years and years.

    Here's something comparing XOM and CVX:

    Indeed, it seems that for XOM stock grants are the biggest item of exec compensation, while, for CVX option grants are.
    Jan 22, 2014. 03:56 PM | Likes Like |Link to Comment
  • Exxon Mobil Is Not A Great Choice [View article]
    Re XOM's dividend. Over the past decade, it's raised the dividend regularly each year like clockwork, at a compound rate of 9.6% by my calculation. Not shabby.
    Jul 23, 2013. 11:14 AM | 3 Likes Like |Link to Comment
  • Natural Gas: Will 2013 Goldilocks Turn Into A Bear? [View article]
    If you've been a witness to such things, I think you should name names. Who are the rogues and unscrupulous operators you've seen?
    Jan 11, 2013. 02:11 PM | Likes Like |Link to Comment
  • Taxing The Wealthy Part II: MLP ETFs Experience A 'Double Whammy' [View article]
    "No rational politician will mess with growth and jobs." Sounds good. But where do we find those rational politicians? ;>)
    Dec 18, 2012. 03:31 PM | 3 Likes Like |Link to Comment
  • The Election Outcome And The Rising Risk To Your Portfolio [View article]
    I've worked with Canadians. One came here to get back surgery that would have taken forever to get in CA. Another had her doctor retire and can't find another one now. Better care at lower cost? Baloney.
    Nov 6, 2012. 12:26 PM | Likes Like |Link to Comment
  • The Election Outcome And The Rising Risk To Your Portfolio [View article]
    Every time in my lifetime, they've said they were going to raise taxes "on the rich" it eventually raised MY taxes. Example: I pay the AMT, like many other middle class folks, and Buffet doesn't. I don't like that Buffet still wants to raise my taxes.
    Nov 6, 2012. 12:20 PM | 1 Like Like |Link to Comment
  • The Election Outcome And The Rising Risk To Your Portfolio [View article]
    Don't forget that they were extended by the current administration past the original expiration date.

    That should make them the Obama-Pelosi-Reid tax cuts.
    Nov 6, 2012. 12:16 PM | Likes Like |Link to Comment
  • Exxon Mobil Is Getting More Unconventional - And I Like It [View article]
    You're right, the stock XOM buys back is money that can be used to buy other companies and that's historically what they've used to make acquisitions. An exchange of stock is preferable to the sellers of an acquired company in that there's no immediate tax on their gain ... until they ultimately sell some of the XOM stock in the market.

    Devon has a point about the price paid for buybacks .... they end up buying more when the price is high than when it's low ... maybe they should deposit funds designated for buybacks in a fund to be used to fund buybacks over a multiyear period.
    Oct 24, 2012. 02:26 PM | Likes Like |Link to Comment
  • Petrobank - A Value Unlocking Spin-Off I'm Eagerly Anticipating [View article]
    Petrobakken pays .96 per share per year. In cash to the 40% of shares held by other than Petrobank but in shares to Petrobank. Is that right?

    So if this is spunoff, Petrobakken's cash dividend payments will go up dramatically for the company. Are you assured Petrobakken will maintain the .96 dividend after the spinoff?
    Oct 4, 2012. 12:09 PM | Likes Like |Link to Comment
  • Some Signs Of Improvement For Coal [View article]
    Heh, the United Arab Emirates financed that movie. ;>)
    Oct 1, 2012. 08:56 AM | Likes Like |Link to Comment