Birdwatch Note Rating
2023-07-28 10:50:12 UTC - HELPFUL
Rated by Participant: 0CBDE6F90DA22AC50075FE2E2809D86D62CF730AAECC544F751756A8F92EAF39
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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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