Tag: Exxon Mobil Corp (XOM)
Vanished: $50 Billion
Gone. $50 billion has vanished. It’s been wiped off the books of oil companies because crude oil prices have taken a 29% plunge over the past five months. And you guessed it. That’s $50 billion less for oil companies to tap into to pay dividends. What does this mean? Should you run for cover and […]
