Exxon Mobil Corporation (XOM)

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…

Exxon Mobil (XOM) surely wins the prize for most unloved mega-cap right now. Market sentiment is horrid, and for good reason. The price of oil remains way down on its pre-pandemic level, while conditions downstream are bad as well. All of that at a time when Exxon wanted to ramp…

I have held back on talking about Exxon Mobil (XOM) stock during this crisis. That 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…

Although I only covered Exxon (XOM) last week, I feel like I should give it another article after Friday’s results. Suffice to say that they were pretty poor. Macro conditions came in way below the company’s reference points, leading to a $6b decrease in annual profit versus 2018. In fact,…

As I type, authorities in China have placed tens of millions of people in a de-facto state of lockdown in an effort to contain the spread of a novel coronavirus. Shops have been shuttered, public transportation cancelled and even the Shanghai Disney Resort has been closed. The price of oil…