Here's the Proof That ExxonMobil Is Back on Top
Even well-run companies are destined to struggle, eventually. There's no way around it, since markets change over time. The best companies manage to muddle through the hard times so that they can thrive in the good times.ExxonMobil (NYSE: XOM) is a great example of a well-run company that has done just that. Here's proof that it is back on top again.With a market cap of nearly $500 billion, Exxon is a very large energy company. But it doesn't just produce oil and natural gas. It also moves these fuels through its midstream systems (such as pipelines). And it processes the fuels into usable products in its chemicals and refining business, which is the downstream segment of the broader energy industry.Continue reading
Even well-run companies are destined to struggle, eventually. There's no way around it, since markets change over time. The best companies manage to muddle through the hard times so that they can thrive in the good times.
ExxonMobil (NYSE: XOM) is a great example of a well-run company that has done just that. Here's proof that it is back on top again.
With a market cap of nearly $500 billion, Exxon is a very large energy company. But it doesn't just produce oil and natural gas. It also moves these fuels through its midstream systems (such as pipelines). And it processes the fuels into usable products in its chemicals and refining business, which is the downstream segment of the broader energy industry.
