Recent underperformance in Exxon's (XOM) shares is unwarranted and is about to turn a corner,...

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

Recent underperformance in Exxon's (XOM) shares is unwarranted and is about to turn a corner, Cowen says, but not everyone on Wall Street agrees. Goldman Sachs is Neutral on XOM following Q1 earnings and sees production declines and reductions in overall cash returns. Deutsche Bank paints the entire integrated oil sector (XLE) with a broad brush: "no growth and declining returns."