Summary
Where its strength - as measured against its peers - gives it some strong potential.
Refining will struggle to maintain recent past performance.
Running leaner should help the company long term.
Credit rating and rising cost of capital could be a risk further out.
Could political correctness over "climate change" take down Exxon Mobil?
Being one of the largest companies in the world and operating in a politically incorrect industry has made Exxon Mobil (NYSE:XOM) a target of many special interest groups and ambitious politicians, hoping to raise money for their cause or secure the next term in office.
Add to that the challenge of an unprecedented low-price oil and gas environment, and it definitely testing the foundations of the company as it takes a number of hits from different sources, while at the same time attempting to keep the company moving forward.
more info on ExxonMobil info investors should know
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment