Back to top

Image: Bigstock

ExxonMobil Corporation

Read MoreHide Full Article

Going forward we expect Exxon Mobil Corporation’s resilient and integrated business model to steer it away from energy price volatility. Looking forward the company’s leading position in the energy industry reflects the size and diversity of its asset base, both in terms of business mix as well as geographical footprint. With an AAA credit profile and stable cash position, Exxon’s balance sheet is the envy of the industry. However due to its integrated functions, the company is susceptible to risk from any weakness in the global economy. As a result, we expect Exxon Mobil shares to remain soft until oil and gas prices rebound.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Exxon Mobil Corporation (XOM) - free report >>

Published in