Exxon Mobil: The Next Big Energy Cycle Winner

Core Viewpoint - Exxon Mobil (NYSE: XOM) has shown muted performance since the last bullish coverage, but its fundamentals have improved, prompting an increase in position [1] Group 1: Production Growth - Exxon Mobil is projected to achieve a 50% increase in production by 2030, with Permian output expected to rise from 1.5 million to 2.3 million barrels per day [1] Group 2: Investment Strategy - The investment approach focuses on GARP (Growth at a Reasonable Price) and value stocks, emphasizing high-quality businesses with strong competitive advantages and significant growth potential [1] - The strategy prioritizes fundamentals and seeks stocks that are trading at a discount to their intrinsic value, ensuring a clear margin of safety [1] - The long-term investment horizon is set at 5-7 years, aiming for wealth accumulation through compounding while emphasizing downside protection [1]