Related Symbol
avatar

Exxon profits have cooled down after a big rally

Exxon profits have cooled down after a big rally

profits dropped around 30% after oil prices cooled (due to the war settling down). The company is definitely still making strong money though. Kinda feels like it depends a lot on oil staying high but it is for sure a long term compounder. Might buy some shares honestly

@MasonCarter10 3 weeks ago

Exxon still prints but it’s def tied to oil prices so it’s more of a steady long term hold than a quick win

@Simonwhite 3 weeks ago

do you think exxon can keep growing if oil prices stay at this level for a while? i've been watching them closely but haven't pulled the trigger yet.