Paul Cheng's key takeaways from Barclays' energy conference: Exxon (XOM) and Chevron (CVX)...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Paul Cheng's key takeaways from Barclays' energy conference: Exxon (XOM) and Chevron (CVX) "offered strategic consistency, downplaying interest in a major acquisition, and a view that current industry trends such as MLP formation and increased mid-continent refining capacity are either unsustainable or insignificant for companies of their size." COP, HES and MUR "remain in transition."