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Strategies & Market Trends : Value Investing

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To: Arthur Radley who wrote (35558)10/2/2009 4:29:17 PM
From: Paul Senior2 Recommendations  Read Replies (2) of 78768
 
An argument could be made that it's almost always paid to have been a ltb&h investor in XOM. This chart of course without compounding effect if dividends were reinvested: ("ExxonMobil's dividend payments to shareholders have grown at an average annual rate of 5.5% over the last 27 years.")

finance.yahoo.com

Of course, that's the past. In future, who knows.

I've reduced my long held integrated oil positions quite a bit. Still very nervous about a drop in oil demand and/or a fall in oil prices and thus, falling prices of oil company shares.

In past few times when XOM dropped to current price and with oil prices lower than now, stock seems to have quickly recovered.
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