+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 

Login with your social network

Forgot your password?

+-Stats ezBlock

Members
Total Members: 48
Latest: watcher
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 16867
Total Topics: 271
Most Online Today: 1023
Most Online Ever: 1208
(March 28, 2024, 07:28:27 am)
Users Online
Members: 0
Guests: 270
Total: 270

Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 13057 times)

0 Members and 2 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 36274
  • Location: Colchester, Vermont
    • Renwable Revolution
ExxonMobil Posts $4.7bn Loss in H1

Published at 05:11PM - 29/07/16

http://www.offshorepost.com/exxonmobil-posts-4-7bn-loss-h1-2016/

Agelbert NOTE: Has ANYBODY claimed this is an absolute death sentience for them? NO.

WHY NOT? Because there is a fossil fuel industry mind block  at Wall Street!  If ANY other corporation (not part of the fossil fuel industry welfare queen gang) had these kind of loses, the stock would be in free fall well past a 15% drop.

Consider, for a moment, the totally unrealistic way this oil major (polluting pig) is ridiculously considered a 'going concern' and a 'good investment' by Wall Street brokers, despite this devastating loss. Yes, Exxon has their buyback scam in high gear to try to keep the stock from cratering by draining corporation capital. Tillerson has been DOING THAT for over TWO YEARS! That alone is enough to have them downgraded to SELL, even before the devastating loses they have been incurring were reported.

But all you hear is talk of their 'sound' decision to maintain the dividend yield. HELLO?!!! They have MASSIVE LOSSES. That means you are supposed to SELL and stop your stubborn, irrational and stupid fossil fuel worship like that which governs most of the idiots at ZeroHedge.   
 
If Musk had a loss like this, do you think TESLA stock would only be down by two percent or so? Of course not! Every brain dead fossil fueler and his mother 'energy expert' crook and liar pal would be screaming that TESLA was a dead corporation walking and much deserving of instance death!   

The bottom line is that Exxon is a SELL. If you do not believe that, then go ahead and BUY, BUY, BUY. When you lose your shirt, it will be well deserved.  ;D


Quote
“We are all born ignorant, but one must work hard to remain stupid.” - Benjamin Franklin
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

+-Recent Topics

Future Earth by AGelbert
March 30, 2022, 12:39:42 pm

Key Historical Events ...THAT YOU MAY HAVE NEVER HEARD OF by AGelbert
March 29, 2022, 08:20:56 pm

The Big Picture of Renewable Energy Growth by AGelbert
March 28, 2022, 01:12:42 pm

Electric Vehicles by AGelbert
March 27, 2022, 02:27:28 pm

Heat Pumps by AGelbert
March 26, 2022, 03:54:43 pm

Defending Wildlife by AGelbert
March 25, 2022, 02:04:23 pm

The Koch Brothers Exposed! by AGelbert
March 25, 2022, 01:26:11 pm

Corruption in Government by AGelbert
March 25, 2022, 12:46:08 pm

Books and Audio Books that may interest you 🧐 by AGelbert
March 24, 2022, 04:28:56 pm

COVID-19 🏴☠️ Pandemic by AGelbert
March 23, 2022, 12:14:36 pm