Exxon Mobil: Best House On A Bad Street


  • Exxon Mobil is in growth mode for the next few years, aiming to take production from 3.7 mm BOEPD to 4.3 mm BOEPD.
  • It has the infrastructure in place to do it.
  • A robust bull case for the stock is presented at current levels.

FPSO tanker vessel near Oil Rig at night. Offshore oil and gas industry

Igor-Kardasov/iStock via Getty Images

Note – this article appeared in the Daily Drilling Report, December, 27th 2022.


The problem with writing about Exxon Mobil (NYSE:XOM) is that it is such a colossus, there is no way to really do

XOM Price Chart

XOM Price Chart (Seeking Alpha)

Market sector graph

Market sector graph (Barchart)

XOM Permian footprint

XOM Permian footprint (XOM)

XOM Guyana

XOM Guyana (XOM)



Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in XOM over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This is not advice to buy or sell this stock or ETF in spite of the particular rating I am forced to select in the SA template. I am not an accountant or CPA or CFA. This article is intended to provide information to interested parties and is in no way a recommendation to buy or sell the securities mentioned. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to do their own due diligence before investing their hard-earned cash.

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