Exxon Mobil (XOM) stockholders have been put through the wringer in recent years. COVID and 2020 speak for themselves, but the stock largely went sideways in the years before the pandemic too. Those years include two oil price crashes and a massive bull market in equities, but we can forget…
Energy
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I last covered ConocoPhillips (COP) in the early days of the second quarter. Suffice to say, the stock has not shifted much on the price front since then. Its shares traded for around $32.90 back then, while they currently change hands for around $32.35. That rather disappointing performance comes despite…
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Exxon Mobil (XOM) surely wins the prize for most unloved mega-cap right now. Market sentiment is horrid, and for good reason too. The price of oil remains way down on its pre-pandemic level, while conditions downstream are bad too. All of that at a time when Exxon wanted to ramp…
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I have held back on talking about Exxon Mobil (XOM) stock during this crisis. This isn’t because I take a negative view on its investment prospects, although I appreciate that may sound crazy in the current environment. Having been optimistic when it traded at $70 a share, it stands to reason…
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Energy infrastructure owner Kinder Morgan (KMI) used to be one of the most popular tickers when I first started reading Seeking Alpha. Admittedly, what follows is a thoroughly unscientific observation, but Kinder Morgan articles used to appear on the front page all the time just a few years ago. It’s not hard…