Birdwatch Note Rating
2023-07-28 12:38:31 UTC - HELPFUL
Rated by Participant: C0B3BEFBFC94FE43419E3574E65803EBDFBD64DBDCF06E17DAEBCC399E0B03F8
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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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