(eli5) Why do some of the world’s largest Oil producers (Exxon, Shell, BP) have such a low stock price compared to Big Tech (Amazon, Google, Apple) despite having similar or better revenue?

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Pretty much just this question. Why does Shell have a low stock price compared to Apple despite having more revenue?

In: Economics

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Anonymous 0 Comments

The profit margins on gas are really terrible. Those gas companies make their fortunes off of shear volume. Tech companies have pretty high returns.

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