Thread regarding ExxonMobil Corp. layoffs

XOM’s Day of Shame Aug 25, 2020

Retribution for your unethical behavior!

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Post ID: @OP+16Ewdzmj

4 replies (most recent on top)

Only a fool will believe in DW. Trust is breached!
Respect is torn.
Doomsday to once a glory establishment!
Happy to share that I am counting my days to leave this unethical company!

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Post ID: @1rsm+16Ewdzmj

https://www.fool.com/investing/2020/08/27/how-risky-is-exxonmobil/
The risks are increasing
There are some very material risks to consider when looking at Exxon and they are hard to quantify. While it is unlikely that Exxon is going to go out of business anytime soon, lingering low energy prices could lead to a dividend cut. And the oil space, which is what drives the company's top and bottom lines, is clearly in flux today. Exxon, once a stock appropriate for conservative investors, doesn't have quite the same risk profile as it did just a few years ago. If you are looking at the company's hefty 8% yield, you will want to think carefully before jumping aboard this name today. You might be better off with Chevron, which is on stronger financial footing, or Total, which is diversifying its business by adding electricity assets to its portfolio.

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Post ID: @bro+16Ewdzmj

This wasn't what dropped it from the dow. Chevron is soon to follow. O&G is going to be a contracting industry.

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Post ID: @xlp+16Ewdzmj

https://www.fool.com/investing/2020/08/25/exxonmobil-booted-from-dow-jones-industrial-averag/

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Post ID: @wkn+16Ewdzmj

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