10 Total Quotes

Doug Leggate Quotes

Without a shadow of a doubt, Exxon has the best management in the oil industry. They've been riding the momentum of higher prices for some time now, and they've got a pipeline of new opportunities that promises volume growth.
Doug Leggate
#Doubt

There seems to be a greater tolerance in the economy in terms of what can be withstood.
Doug Leggate
#Economy

While stocks once again saw significant draws, the market's focus is currently set on seemingly weaker demand.
Doug Leggate
#Focus

We continue to view near-term sector weakness as more opportunity than risk as we head toward winter.
Doug Leggate
#Opportunity

The second half of last year we started to see another list of projects in place. It is in a lucrative position with one of the strongest production profiles in the sector with very attractive margins as well.
Doug Leggate
#Projects

The dynamic shifted this year. There was a growing perception that supply was running out. The doomsday scenario that stated OPEC couldn't meet demand and the Saudis wouldn't be able to increase output gained traction.
Doug Leggate
#Perception

Exxon produces the equivalent of a small country every year so replacing that with new reserves is a tough task. But they've got a pipeline of opportunities coming online that promises to be a meaningful driver of growth.
Doug Leggate
#Country

The removal of hedging for '06 should reveal (the company's) true earnings power as hedges have depressed earnings over the past three years.
Doug Leggate
#Power

Exxon Mobil's exposure to North Sea natural-gas prices and European marketing are two main areas of variance vs. our expectations.
Doug Leggate
#Marketing

Delivering volume growth is critical to the Exxon story -- but incremental margins are equally critical.
Doug Leggate
#Growth