Today XOM missed earnings, DW attributed the miss largely to the refining business. If youre not paying attention, refining crack spreads (profit per barrel) are the largest they've ever been. Isn't DW the refining CEO...how does the board accept and explain this comparative performance to CVX?
7 replies (most recent on top)
Maybe if they hadn’t fired all of the upstream people there would still be some downstream people actually working in downstream!
@a3 you know exactly what will happen. Executive compensation will be up and worker compensation will be flat.
@OP was the bmt safety guy too busy complaining about trash cans on fb?
Who cares, if you own stock in the EM I feel sorry for you. I know how the company operates and the type of cu-ts that work there
XOM missed the estimate though and is down today.
That’s not the “crack spread” most of the company has been focused on
Wonder how this will impact salary increases, stocks, and bonuses?