ExxonMobil looks to rake in billions if the sanctions on Russia are lifted,

[archives]

http://money.cnn.com/2016/12/13/investing/exxonmobil-tillerson-russia-sanctions-putin/

Given all the events and revelations over the past six months, highlighted by last week's findings, this bromance the new President has with Putin is beginning to appear very suspicious

Given the criteria Republicans use to launch their "investigating" Committees, this alone would call for a "double secret special investigation" if a Democrat displayed the same coincidences

 

[cawacko]

Is this already priced into the stock or is this a buying opportunity?

 

[NOVA]

Is this already priced into the stock or is this a buying opportunity?

From the link...

Tillerson said sanctions forced Exxon to "dismantle all of the capability and infrastructure" in the Russian Arctic, the company hasn't lost its foothold there. He said that Russia has "done things to help us hang on to the rights we have."

"It would be mind-boggling for anybody to invest in the Arctic at current oil prices," said Pavel Molchanov, a Raymond James analyst who covers Exxon. "The significance of Russia should not be exaggerated. It's not the end-all or be-all for Exxon."
But Oppenheimer's Gheit argues that Exxon is playing the long game in Russia, not looking at today's low (but rising) oil prices.
"You don't build wells looking at your watch. It will take two or three generations of Exxon CEOs to really reap the benefits," he said.

2 or 3 generations is a long, long time....

 

[archives]

The stock will skyrocket when the sanctions are lifted, then again, ExonnMobel is under investigation for cooking the books, so chances are the average joe ain't getting in at a time when it is good

 

[christiefan915]

"Ever since the U.S. Supreme Court broke up John D. Rockefeller’s Standard Oil in 1911, the energy industry has been at loggerheads with the federal government. Now it is the government -- or may be if Exxon Mobil Corp. Chief Executive Officer Rex Tillerson is confirmed as President Donald Trump’s secretary of state."

http://www.msn.com/en-us/money/comp...n-trumps-administration/ar-AAlyC9n?li=BBnb7Kz

 

[PostmodernProphet]

The stock will skyrocket when the sanctions are lifted, then again, ExonnMobel is under investigation for cooking the books, so chances are the average joe ain't getting in at a time when it is good

the CGI should buy.....

 

[cawacko]

Found out yesterday one of my best friends step mom is on the Exxon Board of Directors. Probably not surprisingly she likes Rex