Exxon Mobil Corporation remains a popular choice among investors due to its consistent dividend payouts and undervalued stocks. The corporation's shares have been bought by Allstate Corp, Allianz SE, RiverFront Investment Group LLC, Maridea Wealth Management LLC, and Loomis Sayles & Co. L P to name a few. The oil giant has also been deemed a safer bet than the XLE on oil price recovery. The company has been in the spotlight for selling its Thai gas assets to Horizon Oil, investing $100M to boost high-purity isopropyl alcohol production, and expanding advanced recycling capacity. Its third-quarter and fourth-quarter 2024 financial results were notable, as the company showed strong financial prospects and record production, despite facing downstream challenges and regulatory complexities. Also, Exxon Mobil ranks high among the best LNG and LNG shipping stocks, Fortune 500 stocks, GARP stocks, and crude oil stocks. The corporation plans to increase its stake in the semiconductor boom by expanding 99.999% pure isopropyl alcohol production. Opinions vary on the future of Exxon, with some suggesting to sell before oil becomes irrelevant while others believe it remains a good investment.
Exxon Mobil Corporation XOM News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 29 Mar 2025 20:08:31 GMT -
Rating 7
- Innovation 2
- Information 6
- Rumor -2
