Exxon Mobil: Shares Can Cool Off Following Q4 Earnings


  • XOM reported its Q4 earnings which beat expectations.
  • Effective operational execution and cost savings initiatives have supported strong margins.
  • We like the stock but expect the upside to be limited in the near term as the valuation appears stretched against volatile energy prices.
Exxon Announces Quarterly Earnings And That It"s Moving Headquarters To Houston

Brandon Bell

2022 was a massive year for ExxonMobil Corp (NYSE:XOM) with shares returning 87%, as an exception to the broader market selloff. The global energy giant benefited from the surge in oil & gas prices which drove strong cash flow and earnings. Overall solid execution

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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.

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