Exxon Mobil - Huge Growth And Cash Flow Prospects

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About: Exxon Mobil Corporation (XOM)
by: The Value Portfolio
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The Value Portfolio
Growth, long-term horizon, Deep Value, momentum
Summary

Exxon Mobil has had a difficult time since the start of the oil crash. The company's stock price has dropped by 30% since the start of the crash.

Exxon Mobil plans to increase production significantly. The company anticipates production reaching almost 5 million barrels per day by mid-2020.

Exxon Mobil's mid-2020 cash flow should hit more than $50 billion. That amount of cash flow will be enough to reward investors well going forward.

Exxon Mobil (XOM) is an almost $320 billion oil major, the largest publicly traded oil company in the world. The company produces millions of barrels of oil per day, oil that helps support