Is it worth investing in an oil company like Exxon in the current market?

I was wondering if I have $10,000,000.00 and want to invest in an oil company like Exxon, what will the return be and will it be worth it?





Also, if it is not Exxon, will investing in other oil company be a consideration and what will the return be and will it be worth it?Is it worth investing in an oil company like Exxon in the current market?
Wouldn't we all like to know the answer to this question? If indeed you had $10 million, there are a lot less risky ways to make lots of money, because you have quoted such a large sum. This is the fantasy that most people get caught in. They pose a valid question on an invalid premise.





People with $10 million don't need to make more than 3-5% a year to get rich. They already are. You, on the other hand, will never get anywhere at the current interest rate on a CD of 3%.Thus the question concerning stocks.





First, you would not put your entire investment into one basket. It was about this time seven years ago when I last owned Exxon stock. I'm a Petroleum Engineer, and know quite a bit about oil companies, and they had just discovered some big fields on the North Slope of Alaska. I woke up one morning, and found my IRA cut in half, when they spilled oil in the Port of Valdez.





Now, I trade Index Futures on the stock market for a living. In my opinion, the Top in the stock market is already in, and direction is now down for several months.





Some would tell you to diversify, but not by buying five different oil companies, you have to diversify across industries. But I would tell you that all ships rise and fall on the tide, unless you are an exceptional stock picker and fast enough to maneuver your boat to gain headway.





There are times when cash is King, and this is probably one of those times. If you're in a mutual fund, switch to the money market fund or a CD or Treasury Bill; just park it for now. The name of the game is preservation of capital.





If you really do have $10 million, lets start our own mutual fund. Write me at dredude52@yahoo.comIs it worth investing in an oil company like Exxon in the current market?
Exxon is definately a great leader in the oil industry with its major oil exploration in indonesia coming along, this is definately a strong player.. in the commodity boom.. I definately encourage you to look at oil refinaries, too for example VLO ... the last oil refinary was built in the 1980s...





Hope thats a good tip for you.. on where to put your money..
Naw! there all gonna go belly up.lol
British Petroleum will be your next choice. With 10 million dollars I will diversify in more than one company.
It might be a good investment but there are a couple of risks. And it is not wise to put all your eggs in one basket.





Risk 1. The government will step in and fix the price of oil. They did that in the past.





Risk 2. The economy will turn down and the demand for oil will drop pulling down the price of oil. Not an unlikely occurance.
i would hope that if you have that kind of money, that you could get financial advice somewhere other than yahoo ( no offense). I would not want to advise someone about what to do with this amount of money. Investments are risky and should be discussed with a qualified financial advisor. If you are just asking to ask, look up on the current stock prices and see what trend the oil companies have recently had. Good Luck.
You dont have 10 mil, i can tell.


If you did, no I wouldnt put it in a company that had a giant 380B market cap.


You could just put it into a savings account and live happily of the interest for the rest of your life.
First, do not invest $10 million in one stock or even one industry. But setting that aside, going back to 1990, November/December/January has proven to be a much better time of the year to buy oil %26amp; gas stocks, while May through July is the time to sell. Thus, if it were my money, I would not consider investing in Exxon (or any energy company) until November.





Split the rest of your money 50/50 between diversified stocks and diversified bonds.
It is worth investing in if you believe that the current price is lower that what the company is actually worth. Large firms like Exxon have numerous analysts talking with management, analyzing financial statements, and constantly look for any information that will give them an advantage. Once they trade on this information, the market takes it into consideration in the new price. So the answer is no one knows.





Questions like this are difficult to answer, because economics tells us that once the public knows that Exxon will provide large returns (more than the market average), they will all start buying up Exxon stock, which drives down the price. If you have $10 mil to invest, don't hoard it all in one company. You need an active asset manager working for you.