barcswine

Has Exxon Topped?

Perhaps. BUT given XOM's aggressive exploration budget at present with tons of CASH still left over in their kitty, and XOM now sniffing at DEVON as a takeover target, long term defined as the next 5 to 8 years, these old AAA country boys at XOM will see new highs in the years to come regardless of the price of oil. For conservative long term holders, not traders, XOM will prosper. I can foresee it at $140 a share by
2015 at the latest.