XOM - Exxon Mobil Will Likely Stay The Course

• The election of Engine No. 1 backed directors was probably not in the company's best interest.
• Fortunately, management retains enough directors to stay the course for a very profitable future.
• The shareholder revolt was likely caused by the lack of management discussion about 2020 results and what management is doing to fix things.
• Both annual and quarterly result announcements need a thorough revision as a result.
• The stock price likely has a very different future than it has had in the past decade or so.

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