I really like the long term chart of this company. After the deflationary collapse of world wide sovereign debt and financial markets the company would be a good buy below $56, for the next cyclical wave up. After all the Indian and China driving middle class is increasing in size and that will undoubtable drive demand for this companies products.
Are we saying that in the world we know Exxon will have a 7% plus yield?
Cincinnatuus
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@grass, Hey Grass, companies with 7% yields often cut them because their product goes from $50 a barrel to $30 a barrel... This would still be a great company to buy them at that point.