https://www.trefis.com/stock/xom/articles/603827/exxon-saves-billions-but-margins-still-cut-in-half/2026-06-22
4 replies (most recent on top)
@af this but unironically.
@dq Spot on. The stewardship ladder is as tall as ever.
I'm going to be Captain Obvious here - when you eliminate all of the actual talent - (d-mbing down the scientific & engineering workforce) and then follow that with outsourcing and offshoring (losing the financial and procurement talent), but keep allllll of the unnecessary high cost management (rotating them constantly to manage areas in which they have no clue).....this is the result. There's no one else to innovate, find new opportunities or craft strategies. Congratulations on the death spiral you've created, DWW! Bravo!
right. 4% margin without structural optimization is way better that 6-7% margins with it.