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Temperatures are higher in Australia than the global average, and although half the country is experiencing a severe drought, the other half has already accumulated a year's worth of rainfall. Additionally, 15 out of 20 of Australia's hottest years have occurred since 1980. CSIRO (Commonwealth Scientific and Industrial Research Organization) attributes the drought to natural climate variability. |
Ethanol-Biofuels Exxon Mobil (XOM) Management Owns Some of Its Shares
| Exxon Mobil (XOM) Management Owns Some of Its Shares |
| Written by Miranda Marquit | |||
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Choose companies that invest in themselves. Exxon (XOM) gets a lot of criticism for its environmental practices, and it, along with other Big Oil companies, have been getting a lot of heat this week for record profits. But few stockholders complain about XOM's value or business model. The company routinely brings in profits, and its share price consistently gains over time. And stockholders can rest assured that the bottom line will remain an important part of Exxon mentality, since management has a stake in the company. Here is what CNN Money points out about companies that invest in themselves:
Exxon management stake isn't that big -- just one percent of outstanding shares -- but that's still a pretty vested interest. And besides, XOM routinely participates in stock buybacks that further help boost the company. Disclosure: I do not own XOM Site disclaimer.
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