HomeBusinessEnergy Sector, Oil, & Gas Stock NewsExxon Mobil (XOM) Is A Long-Term Play

Exxon Mobil (XOM) Is A Long-Term Play

Exxon Mobil (XOM) recently announced a deal to buy Pioneer Natural Resources (PXD) for around $60B. Is the XOM stock a buy now? Neal Dingmann forecasts moderate near-term incremental earnings and cash flow from the acquisition. How does Exxon Mobil compare to Chevron (CVX)? Will the XOM stock price target reach $131? Truist has buy rating on other energy stocks like COP, EOG, DVN, FANG, MRO, CHK, OVV, and APA.

Morning Trade Live

12 Oct 2023

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