https://www.bizjournals.com/dallas/news/2020/09/22/exxon-land-las-colinas.html
10 replies (most recent on top)
As a coworker said, it’s like having garage sales to oh your house note. Until you run out of stuff in the garage, then what?
I think XOM is selling stock now to raise cash for the next dividend, instead of borrowing money.
Max they could possibly fetch ~$0.5/acre and something closer to $0.2M/acre is more likely. All this in the worst commercial real estate market in a while. Pretty desperate move.
Nothing is not up on the table to help EM with our dividends payment commitment! Perhaps Houston Campus is next?
Woooo DIVIDENDS... sweeet..
I heard it from the top that they sold it so they can have Arby’s build a location so the execs can get that meat.
You can’t make an omelette without breaking a few eggs.
Like the Phoenix #ExxonMobilWillRiseFromTheAshes
Looks like our dividend is safe! Darren Woods should just issue more bonds to double shareholder returns this year through Dividends with asset sales and bonds.
I was kidding.. but he is running us to the ground
Should just post a going out of business add on Craigslist at this point
Best time to sell is when nobody is buying #weareexxonmobil
It's a massive garage sale.