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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.


NYSE:XOM - Post by User

Comment by MaterialsManon Dec 28, 2023 10:22am
210 Views
Post# 35802520

RE:An uncertain future

RE:An uncertain futureA vote for Trump will be a vote for more big oil.
He already announced that his first priority if elected would be to call for more drilling.
As long as the U.S. keeps producing as much oil as is capable, the price will stay down, in spite of opec's efforts to cut production.
Car sales statistics and projected sales in the U.S. show little willingness to switch to EV's.
There are supposedly a variety of reasons, but I suspect low gas prices are a factor.
Trump is all in on fossil fuels, and does not care one bit about the consequences.
Rest assured that if he gets in there will be no worries about having to go with an EV by a pre-ordained date.
So, if you want to see the SP of Exxon increase, vote Trump.
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