Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CommanderCricket who wrote (73898)	10/26/2006 11:14:47 PM
From: Spekulatius	Read Replies (1) of 206151

re XOM's earnings XOM is toast if they can't grow production with $60 crude. What did you see that i didn't. XOM'e earnings are stellar From XOM's earnings release I read that XOM's production is up roughly 5% YoY: Oil-equivalent production (koebd) (1) 4,007 3,737 4,241 3,99 This was accomplished spending only 1/3 of cash flow for Capex. Compare this to some of the thread favorites like COP. What is their organic growth rate? They spend about 100% of their cash flow in Capex over the last few years but i still do not see great organic growth, if you even out all the acquisition related growth. Exxon bought Mobil for something like 4$/barrel in the ground and COP spend 3.3 per MCFE of gas (a record price) for BR. Who is smart and who is stupid? I don't own either XOM nor COP but just gaging by the numbers XOM looks like the best managed major oil company by far. I wish CVX (which i do own) could put out numbers like that. They could pay 5$ dividend/share, grow production 4-5% YOY and buy back some stock on top of that. CVX would trade at around 120$ if that were the case. You bet I would not complain.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next