investing in oil companies
Is Exxon a Good Investment?
s the investing world has transitioned to more and more ESG investing, oil companies like Exxon have fallen out of favor with many. Is Exxon a good investment? After years as the leading oil company and a cash cow, Exxon’s revenue has fallen by a half and it was removed from the Dow Jones Industrial Average. It is planning to cut jobs and investments but is retaining its 8.7% annual stock dividend.
Is Saudi Aramco a Good Investment?
The largest oil company in the world is going public with an IPO valued at about $2 Trillion. Saudi Aramco is the state-owned Saudi Arabian oil company that out-produces any other single oil company and appears to have lots of reserves still under the desert and the Persian Gulf. We wrote recently how it might be a good idea this next year to invest outside of the USA. Is Saudi Aramco a good investment offshore or a better pick than other oil companies? For that matter, how do you invest in the Saudi […]