NYSE:XOMOil and Gas
Exxon Mobil (XOM): Assessing Valuation as Growth Projects and Shareholder Payouts Drive Renewed Investor Optimism
Exxon Mobil’s latest moves have definitely caught the eye of investors. The company is ramping up growth ambitions with projects like the Guyana Yellowtail and major expansions in China and Singapore. These initiatives are expected to add an extra $3 billion in revenue by 2026. If you have wondered what’s fueling the rising buzz in energy stocks lately, this strategic pipeline and a generous return of nearly $38 billion to shareholders in just the past year through buybacks and dividends...