Exxon Mobil: Excellent Business, With Near-Term Challenges For The Share Price


  • After nearly tripling in price, Exxon Mobil Corporation stock is no longer a bargain and investors should adjust their expectations.
  • Management remains focused on the long-term success of the company, which could upset short-term oriented market participants.
  • I remain cautiously optimistic about Exxon’s Q1 2024 results, but I wouldn’t hold my breath.

Oil Refinery And Pipeline


Exxon Mobil Corporation (NYSE:NYSE:XOM) is among the staple names in the energy names and with that, the stock price is sometimes driven by emotional biases that market participants tend to exhibit during inflection points.

It is astonishing how

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CVX either through stock ownership, options, or other derivatives. 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.

Please do your own due diligence and consult with your financial advisor, if you have one, before making any investment decisions. The author is not acting in an investment adviser capacity. The author's opinions expressed herein address only select aspects of potential investment in securities of the companies mentioned and cannot be a substitute for comprehensive investment analysis. The author recommends that potential and existing investors conduct thorough investment research of their own, including detailed review of the companies' SEC filings. Any opinions or estimates constitute the author's best judgment as of the date of publication and are subject to change without notice.

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