Shall I invest on Exxon

Executive Summary

Exxon Mobil Corp (XOM) is the largest publicly traded oil company in the United States.

 

The company produces 2.2 million barrels of oil a day and over 11.8 billion cubic feet of natural gas. The company is the largest refiner and marketer of petroleum products. Exxon Mobil in the past has been a strong blue chip stock for investors seeking stability, dividends, and some conservative investors. Given the recent market volatility, I decided to explore more options for solid dividend paying companies that may go on “sale” in the near future.

exxon stock price

FILE – In this May 21, 2015 file photo, workers prepare an oil containment boom at Refugio State Beach, north of Goleta, Calif. The cost of cleaning up the largest coastal oil spill in California in 25 years has climbed to $92 million. The figure was disclosed Wednesday, June 24, 2015, by Patrick Hodgins of pipeline operator Plains All American Pipeline. (AP Photo/Jae C. Hong, File)

Image Source: yahoo news

 

Catalysts:

 

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