Interview with Confidential Excerpts from Industry Insiders: TWST

TECHNOLOGY

Latest Issues

Advanced Search

TWST Conferences

Subscribe Online

TWST Products

Technology

Healthcare

Consumer

Industry & Services

Financial Services

Natural Resources

Investing Strategies

Who is TWST?

Contact TWST

Contact TWST Europe

Sample Issue

Home

Click the button below to talk to a live representative from The Wall Street Transcript

The Wall Street Transcript publishes:

Internet Security & Identity Authentication Issue
Four analysts and top management from nine sector firms examine the Security/Internet Security & Identity Authentication sector in this 51 - page Issue from The Wall Street Transcript.
Investing Strategies Report
Weekly series of interviews with TWST Editors and top money managers

Let the best minds of Wall Street pick your stock

How has Special Stock Report been able to consistently outperform the major indices? Find out how!

Off The Record: A Premier Analyst praises Exxon Mobil management team Full article published: 04/02/2002 Money Managers, Analysts, Buysiders and Executives

For Subscribers

Get the complete article now!

Exxon Mobil Corporation (NYSE:XOM);

Three analysts and top management from three sector firms examine the integrated oil producers sector in this special 37-page Integrated Oil Producers issue from The Wall Street Transcript, available at (212/952-7433) or http://www.twst.com/info/info518.htm

“I think that the management team at Exxon Mobil has done extremely well over the last year,” a premier analyst praises. “I would attribute a lot of Exxon Mobil’s success to the directions taken by CEO Lee Raymond. One example of how tightly Exxon Mobil is run can be seen in the synergies that they’ve been able to extract from the Mobil merger. Originally, back in 1998 Exxon Mobil said that they would extract estimates of about $2.8 billion from Mobil. Last year that was raised to $7 billion, and then recently that was up another $1 billion. That is just astounding. While this year, and especially the second half of last year, has been tough on oil companies’ earnings, Exxon Mobil has done well. In the fourth quarter of 2001 they beat analyst expectations by about $0.03. And while upstream profits dropped 55%, the average for the peers dropped 67%. While Exxon Mobil’s downstream earnings fell 12%, their peer average fell more than 45%. I think one indicator of how well a company does is whether it bears out in a poor market in a down cycle. You can see who the clear winners are, and Exxon Mobil is one of them. They outperformed their peers in the fourth quarter. It is just an example of how careful Lee Raymond is with Exxon Mobil’s costs and their operational excellence in their refineries. Raymond’s managerial skills allow Exxon Mobil to withstand fluctuations in the market.”

This special issue includes:

1) Integrated Oil Producers - In an in-depth (13,700 words) Analyst Roundtable, Fadel Gheit, Senior Energy Analyst at Fahnestock & Company, Inc., Stanley Harbison, Senior Vice President at Zurich Scudder Investments Inc. and Michael C. Young, Managing Director at Gerard Klauer Mattison & Company, Inc., examine the outlook for the sector including dividend growth, pricing outlook and share specific stock recommendations.

2) TWST confidential Off-The-Record survey of management performance of eight sector firms asked market insiders about the ability of management teams to create shareholder value.

3) CEO interviews (average 2,500 words). Top management of three sector firms examine the outlook for their firm and the sector.

Tickers included in this excerpt: XOM

For US quote,
enter ticker here:

For a European quote,
enter ticker here:

Have TWST notes emailed to you free:

Version: Email address:

SECTOR LINKS

Chemicals

Mining & Minerals

Oil & Gas



HOME	PRODUCTS	SUBSCRIBE	ABOUT	ARCHIVE	HOTLINE	CONTACT	EUROPE