Tag: Exxon Mobil Corp (XOM)

Vanished: $50 Billion

| November 26, 2014 | 0 Comments
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 […]

Continue Reading