Exxon Buy [SAFE]
: Closed in late 2023, this was Exxon's largest acquisition in decades, aimed at making it the dominant producer in the U.S. Permian Basin .
As of , market analysis generally favors Exxon Mobil (XOM) : exxon buy
: Acquired in July 2023 to secure a massive 1,300-mile CO2 pipeline network , positioning Exxon as a leader in carbon capture and storage (CCS). : Closed in late 2023, this was Exxon's
: Exxon maintains one of the strongest balance sheets in the industry, with a debt-to-equity ratio of 0.17x , lower than major rival Chevron. Recent Strategic Acquisitions : Exxon maintains one of the strongest balance
: Some reports suggest the stock is undervalued by 37–38% relative to its growth potential in the Permian Basin.
: In January 2024, Exxon agreed to buy an additional 1.2 million tonnes of LNG per year from Mexico Pacific to strengthen its global gas portfolio. Ongoing Asset Sales (The "Sell" Side)
: The stock holds a consensus "Buy" rating from 20 tracked analysts.