America, f##k yeah!
7 replies (most recent on top)
this administration is not consistent with any approach and chaos is the name of the game. The real question is whether XOM can flourish in a chaotic business environment where 5 and 10 year plans are good for wiping your tail with.
Should have ponied up more PAC and Inauguration money.
Big mistake.
So - no.
And the whole Rex thing still sour.
But - as a commodity company - anything can happen!
Overall, administration doesn't matter. The real question is, how will EM fare in the long run with the extreme cultural shift we've been experiencing for 5 years now. So far, it's not good for shareholders or employees. Maybe it has been good for executive leadership.
4 years doesn’t matter to the company. Short term bump. From an employee perspective remember that the offshoring and moving jobs to Kndia will happen no matter who is President.
Considering the current administration has been cutting incentives for low carbon innovation, and that’s a space XOM has really leaned into, and tariffs are awful for global economic growth my first thought is to say that XOM won’t do as well as they might have had the election turned out differently.
With that being said, the incompetence of this administration on the world stage might just put us in a position with long-term rising oil prices, so maybe we’ll see an increase in profits as a result.
Over the last 15 years XOM has had their biggest years under democratic administrations. Deregulation and increased competition resulting in lower energy prices is not good for the corporation. However, If this conflict in the Middle East is protracted… that will be a positive development for earnings.