Birdwatch Note Rating
2023-08-03 03:15:46 UTC - HELPFUL
Rated by Participant: 07F3228013089E0C2CD812295BB81FEA2FEB50266A136786F8A824C3ED01C374
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Original Note:
Oil company profit margin remains consistent with other industries at 4 to 6%. https://www.investopedia.com/ask/answers/012015/what-average-profit-margin-company-oil-gas-drilling-sector.asp#:~:text=Oil%20and%20gas%20production%20profit,and%2031.3%25%20in%20Q4%202021. Other industries have far higher profit margins. https://news.yahoo.com/big-oil-isnt-as-rich-as-everybody-thinks-202513503.html
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