UBS Highlights Exxon Mobil’s (XOM) Long-Term Energy Investment Potential

Group 1 - Exxon Mobil Corporation (NYSE:XOM) is recognized for its low beta, making it a stock that can outperform market volatility [1] - UBS has reaffirmed its Buy rating for Exxon Mobil with a price target of $143, indicating confidence in the company's future performance [1] - Global energy demand is projected to rise, particularly in developing nations, with oil demand expected to increase to nearly 105 million barrels per day by 2050, up from approximately 100 million barrels per day last year [2][3] Group 2 - Exxon Mobil estimates that tight oil output in the U.S. will peak around 2030, but advancements in technology could add about 2.5 million barrels of oil per day in recovery by 2050 [3] - The company is involved in the production, trade, transportation, and sale of crude oil, natural gas, petroleum products, petrochemicals, and specialized goods [3]