Do you find it ironic that the cost of a share of Exxon/Mobil is now less than a barrel of crude oil?

No Irony here. XOM has always been lower than the price of a barrel of oil.Do you find it ironic that the cost of a share of Exxon/Mobil is now less than a barrel of crude oil?
IDK, your right I spoke too soon. Particularly if you go back to late August of 07





Tom Z Report Abuse
Do you find it ironic that the cost of a share of Exxon/Mobil is now less than a barrel of crude oil?
Price doesn't matter. It is influenced by market cap and the number of shares outstanding. Price of a barrel of oil is not directly relevant. Only to the degree than increases in what they can sell oil for have an impact on their market cap.

lip plumper