: Acquired in July 2023 to secure a massive 1,300-mile CO2 pipeline network , positioning Exxon as a leader in carbon capture and storage (CCS).
: Exxon maintains one of the strongest balance sheets in the industry, with a debt-to-equity ratio of 0.17x , lower than major rival Chevron. Recent Strategic Acquisitions
: Financial platforms like 24/7 Wall St. have set price targets near $160 , implying a roughly 5% upside from recent trading levels.
As of , market analysis generally favors Exxon Mobil (XOM) :
: Some reports suggest the stock is undervalued by 37–38% relative to its growth potential in the Permian Basin.
Exxon has used its high cash reserves to "buy" significant market share through major takeovers:
: In January 2024, Exxon agreed to buy an additional 1.2 million tonnes of LNG per year from Mexico Pacific to strengthen its global gas portfolio. Ongoing Asset Sales (The "Sell" Side)
: Closed in late 2023, this was Exxon's largest acquisition in decades, aimed at making it the dominant producer in the U.S. Permian Basin .
: Acquired in July 2023 to secure a massive 1,300-mile CO2 pipeline network , positioning Exxon as a leader in carbon capture and storage (CCS).
: Exxon maintains one of the strongest balance sheets in the industry, with a debt-to-equity ratio of 0.17x , lower than major rival Chevron. Recent Strategic Acquisitions
: Financial platforms like 24/7 Wall St. have set price targets near $160 , implying a roughly 5% upside from recent trading levels.
As of , market analysis generally favors Exxon Mobil (XOM) :
: Some reports suggest the stock is undervalued by 37–38% relative to its growth potential in the Permian Basin.
Exxon has used its high cash reserves to "buy" significant market share through major takeovers:
: In January 2024, Exxon agreed to buy an additional 1.2 million tonnes of LNG per year from Mexico Pacific to strengthen its global gas portfolio. Ongoing Asset Sales (The "Sell" Side)
: Closed in late 2023, this was Exxon's largest acquisition in decades, aimed at making it the dominant producer in the U.S. Permian Basin .
