Emily Cunningham Retweeted Mark Campanale
God damn. “Exxon sinks to 10-year low with 'little to be excited about'.” Stranded assets anyone?https://twitter.com/CampanaleMark/status/1222052759819706368 …
Emily Cunningham added,
Mark Campanale @CampanaleMark
Exxon sinks to 10-year low with 'little to be excited about'. Ramping up capital spending above $30B/year, short-term costs of investments means they cannot fund dividend payouts with cash generated from operations. This is a stranded assets strategy.
https://seekingalpha.com/news/3534975-exxon-sinks-to-10-year-low-little-to-be-excited-about-for-near-future?source=tweet …
2:29 PM - 31 Jan 2020
0 replies
5 retweets
28 likes
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