(Bloomberg) — It’s almost as if the last decade never happened for investors of Exxon Mobil Corp. shares. Read More
Exxon at a 10-Year Low Shows Challenges for Oil’s Biggest Major — Financial Post
The story is one of supply and demand and what should investors make of the decline? The question is “Has the world began to move away from fossil fuels.” A quick search on Yahoo Finance tells a ominous fable of one of the largest companies in the world at a five year low. Considering the market is on one of the longest winning streaks in many a moon, Exxon should be prospering during this cycle. Last year, Exxon had the largest cash expenditure in four years. Some analyst have a negative growth project of the company. A strong buying opportunity if you love the stock. Not my cup of tea.


