The Rising Influence of Rising Affluence

[biotech_researcher]

Exxon sinks to 10-year low with 'little to be excited about' for near future
https://seekingalpha.com/news/3534975

XOM- This unfortunately has a high probability of ending badly:


“Exxon is ramping up capital spending above $30B/year, and the short-term cost of those investments is that the company cannot fund dividend payouts with cash generated from operations, instead resorting to asset sales and borrowing, according to Edward Jones analyst Jennifer Rowland, making Exxon the "clear outlier" among Big Oil companies.”