Exxon Mobil (XOM-N)

Exxon is up 17% this year vs. Chevron in the negative. Pick your spots in oil. XOM is a winner.

Very strong management team. Proven resources with excellent capital allocation skills. Investors can get returns without going downmarket into riskier name. Oil industry under valued with lots of opportunity for price appreciation. Balance sheet very stable, great option for the investors in the long term. Return of capital to investors is being expedited along with capital spending on new projects (best of both worlds). 

He likes that they are downstream in the capex cycle.

The cash flow of integrated energy companies like this allow rising yields and share buybacks.

Is hitting a new high today because oil prices are high. XOM's earnings are down this year, because those prices are down. He can't say that oil prices are definitely rising, but OPEC sees demand rising through 2050. There's a lot of room for prices to go higher.

It is the best oil company in the world and pays a dividend so is good for the long term. Crude is not near its highs and could go to $80 or $85. The options are very cheap so he would be buying calls.

Nice valuation. Likes LNG exposure.

A solid performer. Oil aren't getting phased out, but are cash flow juggernauts. XOM generated $17 billion of free cash in the first half of 2024 despite buying a company. Are buying back shares and pay a dividend of 3.3%. Natural gas prices are still depressed, but demand and prices will increase globally as we recover from high interest rates. Europe will buy LNG because it won't buy Russian oil.

Owns Chevron instead, but both companies are nearly the same. Pays a good 4% dividend, backed by strong cash flow. An excellent company.

Not a name he'd own. Sell, and buy either FRU for the dividend or CHRD for capital appreciation.

If the price of oil spikes in the next two years, XOM could spike with it, though he doesn't see a price rise in the near future.

He owns a lot of shares. It trades 11x PE forward, pays a 3.5 dividend and buys back a lot of shares. Their next earnings should be good. The oil prices remains high and natural gas is coming back. If the global economy performs better than expected, XOM will roar.

She sold XOM today. Though a great company and pays a 3.3x dividend, it lacks the growth she wants.

It reports Friday. Will they take advantage of higher oil prices due to the war premium (Middle East conflicts)? They should.