Big Oil’s Big Paradox: Record Profits, Low Stock Valuations

Big Oil has never been more profitable, but it has hardly ever been a smaller part of the stock market. That’s enough to make industry executives feel unappreciated. “We’re grossly undervalued,” says BP CEO Bernard Looney.

Read more here: https://www.barrons.com/articles/big-oils-big-paradox-record-profits-low-stock-valuations-64d0934e