Why Exxon Mobil Stock Is Not A Good Energy Sector Pick
- Monday, March 22, 2021, 7:10
- Market
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Despite the coronavirus pandemic causing a paradigm shift for policymakers by reviving their focus on non-conventional sources, Exxon Mobil’s future cash flows remain highly dependent on crude oil prices as well as high return upstream investments. Considering $50/bbl of Brent and low refining…