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home / news releases / CVX - Exxon: Broken New CEO Or Not


CVX - Exxon: Broken New CEO Or Not

No doubt my followers are well aware of my disdain for Exxon Mobil (XOM) and its lack of performance over the past decade. As the chart below shows, Exxon is trading below its level in early 2007. That means no capital appreciation in over 12 years:

Source: Yahoo Finance

The company is like a 4% long bond. Actually, worse than that because Exxon's yield was actually below 3% for much of the last decade and it is still highly exposed to commodity price pull-backs.

Exxon's management appears incapable of accepting the fact that

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Stock Information

Company Name: Chevron Corporation
Stock Symbol: CVX
Market: NYSE
Website: chevron.com

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