ThePanelist.com - Exxon Mobil (XOM) Management Owns Some of Its Shares

Exxon Mobil (XOM) Management Owns Some of Its Shares

Written by Miranda Marquit

Friday, 04 April 2008

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:

People tend to work harder when their own money is at stake.

That's why when investing you should look for companies where management owns at least some of the shares.

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.

But you don't have to buy XOM to get those kinds of benefits. There are plenty of other companies out there where management owns some of the stock.

Disclosure: I do not own XOM

Site disclaimer.

Tags

See All Tags

Big Oil

Miranda Marquit

Stocks

Wall Street

XOM

Comments (0)

Subscribe to this comment's feed

Write comment

Tag it:

Miranda Marquit
		About the author:
		Miranda is journalistically trained freelance writer who enjoys working out of her home nestled in the beautiful Cache Valley in Utah.
	Read More >>

Related Articles:

Articles by this Author:

View all articles by this author

Last Updated ( Friday, 04 April 2008 )