NYSE:XOMOil and Gas
Is ExxonMobil Holdings (XOM) Still Below Fair Value Following Oil Price Spikes And Nigeria Pivot?
Oil price spikes related to the closed Strait of Hormuz and ongoing tensions in the Middle East have put ExxonMobil Holdings (XOM) back in focus, as the company reallocates upstream capital toward new Nigerian and broader African projects.
See our latest analysis for ExxonMobil Holdings.
The recent refocus on Nigerian and African upstream projects comes as ExxonMobil Holdings trades near US$156.94, with a 30 day share price return of 14.94% and a year to date share price return of 27.96%. Its...