Exxon Mobil: OPEC+ Driving Earnings Upside (Rating Upgrade)

Bet_Noire Exxon Mobil (NYSE:XOM) is set to improve its earnings power through targeted investments in high-potential production areas such as Guyana and Permian, while at the same time the extension of OPEC+ supply curbs could also have a positive effect on petroleum prices. Exxon Mobil provides deep free cash flow value for investors, and the company has said that it is looking to push high-growth upstream assets in a bid to boost the importance of the production segment. With petroleum prices possibly ...