Can ExxonMobil Sail Through the Ongoing Weakness in Oil Prices?
Key Takeaways XOM's upstream-heavy earnings are pressured as WTI crude trades below $60 per barrel.Exxon Mobil's low-cost Permian and offshore Guyana assets generate over half of current upstream production.XOM's 10.9% debt-to-capitalization is far below the industry composite's 31.97%.Exxon Mobil Corporation (XOM) is a leading integrated energy giant that operates across the entire oil and gas value chain. XOM generates the majority of its earnings from its upstream business which is exposed to crude price ...