Exxon Mobil: A $9 Billion Cash Flow Hole

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About: Exxon Mobil Corporation (XOM)
by: Trapping Value
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Trapping Value
Deep Value, Special Situations, REITs, Dividend Investing
Summary

Exxon Mobil reported Q2-2020 results.

The company produced exactly zero from cash from operating activities.

We evaluate the forward outlook.

Exxon Mobil Corporation (XOM) in a remarkable show of bravado, maintained its quarterly dividend at 87 cents recently. That led to all kind of questions as to whether our thesis of the company