Eleventh Update! Kneel down and beg for the first order and monthly pass!

That's good news, of course!

Tang Feng is very satisfied, Sam's handling of this matter this time is indeed taking into account all aspects, not only to fully reflect the value of this oil field, but also to take into account the current situation of ExxonMobil. Mr. Rockefeller agreed to Sam's proposal, and it was a matter of course.

ExxonMobil is not feeling good right now, and the current battle between ExxonMobil and Royal Shell of the Netherlands for the title of the world's No. 1 private oil company is quite miserable. The former is slightly inferior to Royal Shell in terms of oil and gas field reserves, annual oil production and oil sales, but Royal Shell's oil processing capacity is not as good as ExxonMobil.

The most critical thing is that the collapse of international oil prices has made it quite uncomfortable for both major oil companies.

Compared to the state-owned oil companies, ExxonMobil and Royal Dutch Shell are clearly less resilient to market price fluctuations. After all, ExxonMobil and Royal Shell rely more on oil processing and sales for huge profits than state-owned oil companies with huge oil reserves. The downstream companies that belong to the oil industry chain are certainly inferior to those state-owned oil companies that mainly produce crude oil in terms of their ability to resist fluctuations in international oil prices.

Like Saudi Arabia's national oil company, this behemoth has a whopping 35.6 billion tons of oil reserves, and ExxonMobil has oil reserves? It's less than 1 billion tons! Moreover, the oil-producing countries in the CEEC group have very low extraction costs, which are far from being comparable to those of private oil companies such as ExxonMobil or Royal Shell. As a result, private oil companies such as ExxonMobil and Royal Shell are more sensitive to and dependent on changes in international oil prices than state-owned oil companies with huge oil reserves.

Take the characteristics of the Beaumont oil field. It is definitely the world's top oilfield, although the reserves can not be compared with those super-giant oilfields that are often billions or even billions of tons of reserves, but some of the advantages of the Beaumont oilfield are also not comparable to those super-giant oilfields.

At the very least, in terms of production costs, among the large, giant and even super giant oil fields of the same scale in the world, there is no oil field that can lower the production cost than the Beaumont oil field!

Therefore. As long as the news of ExxonMobil's acquisition of a 20% stake in the Beaumont oil field is announced, then ExxonMobil's stock price will definitely rise like a rocket.

Which of the Wall Street people who play finance is either a monkey with hair on their bodies? Even the fart is essential oil. After the Beaumont field joined ExxonMobil, the help for ExxonMobil was, as Sam said, absolutely all-round, ExxonMobil could temporarily stop production of some fields that were too expensive to exploit and switch to crude oil produced by Beaumont Field.

The crude oil produced in the Beaumont field is not only a light crude oil of top quality, but also a large enough production. The cost of extraction is low enough, which can completely reduce the oil processing cost of the entire ExxonMobil, and then greatly improve the overall profitability of the entire ExxonMobil, which is what ExxonMobil wants most, and what they need most at present.

To be strictly calculated, the positive significance of the 20% stake in the Beaumont field is definitely greater than the value of ExxonMobil's 1.8% stake.

But Tang Feng also understands that Rockefeller can take out this 1.8% stake. It's also very sincere. You know, giant companies like ExxonMobil. Its stakes are so fragmented that even if all the members of the entire Rockefeller family who hold shares in ExxonMobil add up their shares, they only account for about 36 percent of ExxonMobil. But how big is the whole Rockefeller family? How many people own ExxonMobil shares? That's more than 60 people holding shares in ExxonMobil. Even many people in the Rockefeller family hold only a few tenths of a percent of the shares!

Warren Buffett held a stake in ExxonMobil in 2011 and spent $3.7 billion to get a 0.7% stake in ExxonMobil!

At present, ExxonMobil's largest shareholders are two institutional holdings. The largest institutional shareholding is only about 5%, and the largest individual shareholder holds only 1.53% of ExxonMobil's shares.

Tang Feng and Sam exchanged 20% of the shares of the Beaumont Oilfield for 1.8% of the shares of ExxonMobil, calculated according to the distribution ratio of Sam's 30% of them, after the successful exchange of shares. Tang will own 1.36% of ExxonMobil, making it the second largest individual shareholder of ExxonMobil!

Although the current market value of ExxonMobil is only a few billion dollars, the status of ExxonMobil's second largest sole director is firmly on Tang's head. This is a rather dazzling and powerful aura, and its effect is comparable to that of the protagonist in a novel!

Although the United States Tang Mining now has a world-class oil field, the value is extremely expensive, but if you really say it, most people may not even know what the United States Tang Mining is! But if you put it another way and say that this guy is the second largest sole director of ExxonMobil, then it is incredible, and most people will look up to you 45 degrees at once!

As long as he has this identity, Tang Feng can really enter the top circle of the global mining industry, and if he encounters any messy things in the future, those guys who are trying to find trouble will definitely weigh Tang Feng's identity, instead of being forced by BHP Billiton to be extremely uncomfortable like Tang Feng used to be in Australia.

For this result, Tang Feng is of course very satisfied!

"Hey, Sam, you say, how do you want me to reward you? It's for you to find two blonde waves. Will you serve you, or will you call two sons to serve you? Tang Feng joked with a smile.

"Hey, Feng, I suddenly noticed that your taste is getting lower and lower now? As the chairman of the dignified American Down Mining and the future sole director of ExxonMobil, can you not fool me with these things? If you really want to reward me, at least one of the black, white, yellow, blonde, and brunette girls will have to give me one! Dude, I'm going to spread our great American spirit of fraternity to all five continents of the world! ”

Tang Feng just drank the juice in his mouth and squirted out with a "poof" (to be continued......)