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22.05.08
Exxon’s Texas-Size War ChestThe oil industry is known to be very conservative. And Exxon Mobil, the world’s largest independent oil company, may be the most conservative of the bunch. It refuses to invest in projects that would lower its industry-leading return on capital employed, which is now around 35 percent. Rather than use its phenomenal cash flow for huge, dilutive acquisitions, it prefers to spend billions of dollars to buy back its own stock.
Read more...The oil industry is known to be very conservative. And Exxon Mobil, the world’s largest
Read more...The oil industry is known to be very conservative. And Exxon Mobil, the world’s largest independent oil company, may be the most conservative of the bunch. It refuses to invest in projects that would lower its industry-leading return on capital employed, which is now around 35 percent. Rather than use its phenomenal
Read more...The oil industry is known to be very conservative. And Exxon Mobil, the world’s largest independent oil company, may be the most conservative of the bunch. It refuses to
Read more...The oil industry is known to be very conservative. And Exxon Mobil, the world’s largest independent oil company, may be the most conservative of the bunch. It refuses to invest in projects that would lower its industry
Read more...The oil industry is known to be very conservative. And Exxon Mobil, the world’s largest independent oil company, may be the most conservative of the bunch. It refuses to invest in projects that would lower its industry
Read more...Welcome
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