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SH - Exxon Mobil Cannot Cover Its Dividend And That's Great News
ProShares Short S&P500
Co-produced with Trapping Value
Exxon Mobil (XOM) has certainly divided the investment community. Bulls argue that this price is the best thing since sliced bread. Bears argue that if XOM keeps contributing to climate change, we won't have any bread. The debate rages on. Certainly history has been on the side of the bears. XOM stock price has barely budged since Feb. 24, 2005.
Data by YCharts
The rearview mirror look is fantastic, but we have to analyze not what XOM's price did, but what it will do in the next