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home / news releases / XOM - Time For A Breather In The Energy Sector: XLE

XOM - Time For A Breather In The Energy Sector: XLE

Exxon Mobil Corporation
  • Energy investments have been big winners the past 12 months, but appear due for a large correction.
  • Slowing consumer and business demand trends for oil/gas could appear this winter as interest rates rise and buyers fret over inflation.
  • Still low valuations and strong dividend payments should support energy share prices long term.
  • However, the hot money crowd is fully invested in energy, and a 15-25% drop would be helpful to clean out sentiment becoming overly optimistic.

For further details see:

Time For A Breather In The Energy Sector: XLE
Stock Information
Company Name: Exxon Mobil Corporation
Stock Symbol: XOM
Market: NYSE
Website: exxonmobil.com
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