VWSYF - Exxon Mobil Vs. Vestas Wind Systems: Fossil Fuels Vs. Renewables

• Vestas Q3 highest quarterly deliveries, guidance maintained; Exxon Q3 total focus on maintaining dividend: drastic capex cuts, more debt to cover dividend next year.
• Vestas year-on-year share price up 110%, Exxon year-on-year share price down 46%.
• Global political changes favour rapid action on climate. This means exit from fossil fuels (the downturn isn’t cyclical) and dramatic expansion of renewable energy (especially offshore wind).
• As the world embraces net zero emissions by 2050, pay attention to the fate of the coal industry to understand Exxon Mobil's future.
• Review returns from fossil fuel versus renewables investment and then decide where to put your money; be cautious about the views of Seeking Alpha authors, only 10% of whom were bearish about XOM in the past 30 days.

For further details see: