Yeah since 2008 or so including the div its return is single digits. I do see some tail wind that might beat the markets through 2028. Probably safe hold for a few years but it’s still a commodity business where national oil companies will continue to take market share leveraging the service companies vs public companies.

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Posted by TDFreak

Coast to Coast - L.A. to Chicago

Member since Dec 2009

9049 posts

Posted on 1/16/26 at 7:56 am to P0SEIDON

quote:
Current value means nothing to my cost basis except what my DRIP is buying on dividend payment date.

Correct.

Might want to send the dividend elsewhere if you feel the share price has reached its short term peak.

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Posted by fallguy_1978

Best States #50

Member since Feb 2018

53229 posts

Posted on 1/16/26 at 8:34 am to tiger91

quote:
I inherited some shares of it a long time ago. It’s split twice and we’ve sold some but only to stay balanced.

My great uncle was an attorney for Esso which then became Exxon. He and his wife had no children and a shitload of Exxon stock. Think that it was part of their bonus program?? He died in 1976 and she in 1993.

I was blessed to inherit some and will always keep at least the same amount I inherited.

Pretty similar story. I inherited some XOM stock from my grandfather who worked there for 40 years or so. I sometimes forget about it because it's in a one-off account that I rarely check. I just set it to reinvest the dividends and might look at it twice per year.

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Posted by turkish

Member since Aug 2016

2301 posts

Posted on 1/16/26 at 3:17 pm to slackster

That’s what I was thinking. Regardless of whether cost basis or current value is the convention for calculating “yield,” you could make a better dividend in lots of other places with a claimed lower “yield.”

This post was edited on 1/16/26 at 3:28 pm

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