oil super major
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jul 6, 2020 by Reuben Munger · across every show →
Everything said about oil super major, oldest first
Jul 6, 2020 bearish
With 8% ROEs, oil supermajors are terrible bellwethers for climate investment opportunities
“This is a group of companies that have had terrible returns on capital. They earned, you know, eight percent ROEs last year. This year is going to be worse. Exxon's down 40% in the last five years. Why are we waiting for them to be the bellwether that determin…”