Exxon Mobil: Legal Brawl First, Then Beat The Market To A Proper Valuation
ExxonMobil(XOM) Seeking Alpha·2024-03-08 15:12
Jeremy Poland Exxon Mobil Corporation (NYSE:XOM) is in an area of the market that has yet to return to historical valuations. Some of this is due to the end of the boom times in 2014. The price of oil (CL1:COM) declined sharply in 2015 (roughly) and the following recovery aborted early. This was followed by the pandemic. But all of that is unlikely to repeat quite the way it happened in the future. Therefore, it is time to reassess how a company should be valued now that the cyclical nature of the busin ...