Birdwatch Note Rating
2023-07-28 22:53:15 UTC - HELPFUL
Rated by Participant: 0B6F989A5A6E13681D0413D3A9FFFD3A01740046EB0476B9762F21C8B18E3B55
Participant Details
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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