Category Archives: Energy
The reported deal between Russia and Saudi Arabia to boost oil prices is a very, very serious development because it realigns global priorities and leaves Americans out in the cold.
Activist Kenny Bruno thinks he has a plan to destroy Exxon.
In a January 2016 meeting attended by fellow activists and heavyweight trial lawyers like Matt Pawa, who last year extracted a $236 million verdict from the oil giant, the veteran environmental crusader laid out his precisely-crafted mission to starve the $365 billion company of resources, influence, and ultimately, any meaningful hope for profits.
Millions of investors are understandably shaken and left wondering if they should bail under the circumstances. Many already have, judging from the fact that Exxon stock is down 15% from its June 2014 peak of $103.83.
I can’t think of a bigger mistake.
The last time we saw this script it led to returns of at least 273% for savvy investors who followed along.
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