2024-03-08 10:12:15 ET
Summary
- Exxon Mobil Corporation's valuation has yet to return to historical levels due to the challenges of 2015-2020.
- The company has achieved its cost-cutting goals. Therefore, those goals were increased.
- The market may be conservative in evaluating the company until a track record for the new management approach is established, presenting an opportunity for investors.
- The challenges of 2020 and 2016 are unlikely to be repeated in the near future as speculative money is not pouring in to bring about a downcycle.
- Details about Guyana And Other Exxon Mobil projects may come out during the arbitration process depending upon how heated that process gets.
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For further details see:
Exxon Mobil: Legal Brawl First, Then Beat The Market To A Proper Valuation