Question:

Why would Exxon oil stock go down when their profits are thru the roof?

by  |  earlier

0 LIKES UnLike

...are executives able to divert the money the company makes?

 Tags:

   Report

1 ANSWERS


  1. Total Exxon profits are good, but there is quite a bit of uncertainty about how long it will last.  (You may have noticed that the price of oil is volatile.)  Also, as a percentage of their gross, their profit margin really isn't astonishing, the total figure is high because they are an extremely large company.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.