If You'd Invested $1,000 in ExxonMobil Stock 5 Years Ago, Here's How Much You'd Have Today

Core Viewpoint - ExxonMobil shareholders have experienced significant gains over the past five years, contrasting with a long period of stagnation in the company's stock price prior to this period [1][2]. Group 1: Stock Performance - In 2007, Exxon stock traded at approximately $85 per share, and by 2016, it remained at the same level, indicating a decade of stagnation [1]. - Since August 2020, a $1,000 investment in Exxon stock would have grown to around $3,460, including dividend income, while the same investment in the S&P 500 would have only reached $2,000 [5]. - Current oil prices are around $60 per barrel, which is about 50% higher than five years ago, but Exxon's stock price has increased significantly more than this percentage [3]. Group 2: Market Conditions - Five years ago marked a low point for oil prices, which fell to as low as $20 per barrel in April 2020 due to the pandemic, before rebounding to around $40 per barrel by August 2020 [2]. - The current oil price level reflects rising costs and geopolitical tensions affecting the market [3]. Group 3: Strategic Investments - Exxon's outperformance is attributed to its continued investments during the last bear market, allowing the company to capitalize on lower prices [7]. - The company's CEO referred to these investments as "counter-cyclical investments," emphasizing Exxon's ability to deploy capital effectively throughout different stages of the oil industry's cycles [7].