Doug Leggate
Doug Leggate
coming country driver equivalent meaningful online pipeline produces promises reserves small tough year
Exxon produces the equivalent of a small country every year so replacing that with new reserves is a tough task. But they've got a pipeline of opportunities coming online that promises to be a meaningful driver of growth.
disrupt gulf pace recovery slow storm
Evacuations have already started, which is going to disrupt production. Any storm going through the Gulf is going to slow the pace of the recovery from Katrina.
depressed earnings past power removal reveal three true
The removal of hedging for '06 should reveal (the company's) true earnings power as hedges have depressed earnings over the past three years.