Is ExxonMobil (XOM) a Buy, Hold, or Sell After Q2 Earnings?

This month, Exxon Mobil Corporation (XOM) reported robust second-quarter 2024 earnings, driven by increased upstream production, improved crude oil realizations and the positive impact of the Pioneer acquisition. Notably, record production in offshore Guyana and the Permian Basin, the most prolific in the United States, continues to bolster the bottom line of this large integrated energy major.The critical question now facing investors is how to strategically position themselves regarding the stock. Before ...