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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Texirish ✺🐝🐝  😊 😞
Number: of 15062 
Subject: Re: More OXY
Date: 10/27/2023 1:11 PM
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Without studying the details, I suspect the difference between XOM and IFA is the outlook for economic growth in the developing countries. XOM projects that is where all the demand growth will occur. Growth in developed countries is offset by efficiency improvements and growth in wind and solar.

IFA is a scenario. XOM's is a forecast - which is the basis for their plans and investment decisions. Of course, XOM also tests upper and lower alternates to the forecast, particularly the lower ones. Investments must continue to meet minimum return targets at the lower alternate.
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