Trade EXXON

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    1. Despite a few ups and downs along the way, the stock has basically gone nowhere for a decade. However, management has plans to do something about that, and it could lead to much better days for the company and its investors. The energy giant intends to spend as much as $30 billion a year on capital investments through 20252. Exxon ultimate goal is to move up the value chain, so Exxon is producing products for which it can charge more money. It expects these investments to be highly profitable as well, providing returns of 15% to 20%.
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ExxonMobil is an oil and natural resources company based in the US. Prior to 1972, Exxon was known as Standard Oil Company of New Jersey and it merged with Mobil in 1999 to form ExxonMobil. Esso, Enco and Humble were replaced by Exxon in 1973 and it is currently still facing competition from companies such as Shell. Due to the green movement in recent years, Exxon partnered with Turner Ridge Capital Management to develop and finance their U.S. alternative energy infrastructure in 2009.Even though in 2016, ExxonMobil asked for the trademark injunction (1973) to be lifted, the company has not specified if they will use the brand name as it is concerned about the additional expenses of having separate online and offline marketing strategies and materials.Exxon's price chart shows very volatile swings, reaching its lowest point not long ago in December 2018 when it traded at $68.16. Its highest price was back in July 2014 when it reached $103. 58.

1. Investors should keep in mind Oil Prices. Exxon operates in a highly cyclical commodity space, highlighted by the recent pullback in oil. And that's where things get hazy for investors. Exxon didn't provide an absolute number on expected growth; it provided a range based on various oil price levels. If oil prices are in the $40 per barrel range in 2025, it expects to see a 35% increase in earnings and a 50% increase in cash flow. Those numbers jump to 135% and 105% at $60 oil, and 225% and 150% at $80 oil. The higher oil prices are, the better Exxon and its shareholders will do, but if prices were to retrace, the future of Exxon would also see itself affected negatively. 2. Exxon's oil equivalent production fell about 1% in 2016 and nearly 2% last year. These are small numbers, to be sure, but Exxon's oil wells have limited lifespans. If it can't maintain or grow production, it has a long-term issue on its hands. Like the ROCE numbers, investors should be closely watching this oil giant's production.

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