XOM - Oil Companies Will Likely Copy Tobacco And Turn Into Profit Machines

• Tobacco companies have seen their demand drop for decades while continuing to consolidate and generate profits.
• We expect oil companies to utilize the same strategies taking advantage of new business opportunities.
• Exxon Mobil and Enbridge both have growing renewable operations and incredibly strong core operations, we recommend both.
• We expect the coming decades to be incredibly profitable for the oil industry.

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