Added to YB: 2024-06-21
Pitch date: 2024-04-05
XOM [bullish]
Exxon Mobil Corporation
+4.24%
current return
Author Info
No bio for this author
Company Info
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States, Guyana, Canada, the United Kingdom, Singapore, France, and internationally.
Market Cap
$501.1B
Pitch Price
$113.99
Price Target
N/A
Dividend
3.47%
EV/EBITDA
7.54
P/E
17.25
EV/Sales
1.65
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Alpha Wealth Funds – The Insiders Fund Portfolio Holding: Exxon Mobil Corporation
XOM: Q4 earnings $7.6B ($1.91/share), $10B ex-items ($2.48/share). Guyana & Permian +18% YoY. New lithium biz for 1M EVs/yr by 2030. Largest US producer via $PXD deal. Long-term oil demand strong. Punished on Guyana risk but US/UK support. Investing in novel green tech (lithium, hydrogen, LNG, CCS). Leveraged upside via leaps.
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