Tag: Exxon Mobil

  • Is this the beginning of the end for Big Oil’s windfall?

    Is this the beginning of the end for Big Oil’s windfall?

    The US S&P 500 lost 20% of its value in 2019, marking the worst year for equities since 2008 when it lost 25% of its value. Consumer staples and consumer discretionary stocks posted their best relative performances to the S&P 500 this year. Chevron reported a record profit of $7.9 billion in the fourth quarter,…