NorthDallas40
Displaced Hillbilly
- Joined
- Oct 3, 2014
- Messages
- 57,214
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- 83,339
What matters is how long for the recovery. I don’t see how you can pin this current fiasco on any POTUS regardless of party. What matters the most and what will define his presidency is the response and the recovery time.Trump is in an unwinnable situation until this thing passes, but at least it makes those stupid f***ing liberals happy for awhile. They will want to try him for negligent homicide next.
He did take a little extra credit. He did deserve some credit though by creating a climate that was beneficial to business. He could have not spiked the ball though.Honestly, with all the trolling he did and tying himself to the stock market, Trump has brought upon himself any trolling the left dishes back out.
He did take a little extra credit. He did deserve some credit though by creating a climate that was beneficial to business. He could have not spiked the ball though.
We hit 30 if this outbreak doesn't happen.Honestly, with all the trolling he did and tying himself to the stock market, Trump has brought upon himself any trolling the left dishes back out.
No, I'm implying that I've been slighted.
We hit 30 if this outbreak doesn't happen.
This is stupid.
If the world got hit by an asteroid he would be blamed for not sending Bruce Willis into space and having a cool soundtrack with it.
Sheesh.
He will take your critique to heart, and up his troll game. He's been off his game lately.A you arent a lawyer.
B even though most of us conservatives disagree with you on many things you do seem rational and you dont start threads with a serious hypocritical slant.
Basically your post dont make me want to vomit.
Sorry....you just dont disgust me.
XOM while do all that they can to keep their dividend intact.
ExxonMobil's free cash flow for 2019 didn't cover its dividends, though it generated impressive cash from operating activities. The company generated $29.7 billion in cash from operating activities in 2019. It spent $26.8 billion in property, plant, and equipment additions and net investments and advances and generated $3.7 billion in proceeds from asset sales. So, ExxonMobil generated free cash flows of $6.6 billion in 2019. It paid $14.6 billion in dividends for the year.
As operating cash flows dwindle due to lower prices, Exxon will have to sell more assets, reduce spending, or ultimately cut dividends in order to maintain leverage.
It will likely be a long wait -- which may chase away another chunk of investors from energy stocks, including Exxon. A likely positive for ExxonMobil is that oil in the low $30s might not last for years, helping the company in its transition.