(14 quotes found)
“Despite a strong showing in African oil, there is little sign of a volume growth renaissance at (Exxon), just like at most of the company's peers. Those looking for good news on volume growth from the sector leader will have been disappointed.”
Credit Suisse First Boston
“This is not as bad as it may look.”
“Investors will in our view naturally be concerned that the risk of referral has increased.”
“With the market deficit slowly being filled by the big three producers at increasing unit capital cost - greenfield projects are likely to be much harder to justify, highlighting one motivation in the strategic advantage of bringing forward these expansions.”
“The recent run up in prices should be enough to start demand retardation and to grind down prices over the next few years.”
“We believe confirmation of reporting financials is a positive step in improving visibility.”
“CSFB will be vigorously contesting the claim.”
“Bottom line, it was hard to get excited as most of the demos focused on corporate or web/graphics oriented -- making this look more like demos from MacWorld last year, than consumer-oriented killer apps.”
“These headline figures are ... misleading as most of the acceleration in PPI inflation during September was due to the one-shot cigarette price hike which went into effect at the beginning of the month.”
“We would be surprised if the company could say anything to get the stock above $45, as most of the world is playing the stock on the long side and recent investor conferences have already incorporated a more bullish tone by the company.”
