Thinking of trading EXXON?
- 1. Despite a few ups and downs along the way, the stock has basically gone nowhere for a decade. However, management has plans to do something about that, and it could lead to much better days for the company and its investors. The energy giant intends to spend as much as $30 billion a year on capital investments through 20252. Exxon ultimate goal is to move up the value chain, so Exxon is producing products for which it can charge more money. It expects these investments to be highly profitable as well, providing returns of 15% to 20%.
Trading CFDs involves significant risk of loss
How would you like to trade EXXON?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade EXXON with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Investors should keep in mind Oil Prices. Exxon operates in a highly cyclical commodity space, highlighted by the recent pullback in oil. And that's where things get hazy for investors. Exxon didn't provide an absolute number on expected growth; it provided a range based on various oil price levels. If oil prices are in the $40 per barrel range in 2025, it expects to see a 35% increase in earnings and a 50% increase in cash flow. Those numbers jump to 135% and 105% at $60 oil, and 225% and 150% at $80 oil. The higher oil prices are, the better Exxon and its shareholders will do, but if prices were to retrace, the future of Exxon would also see itself affected negatively. 2. Exxon's oil equivalent production fell about 1% in 2016 and nearly 2% last year. These are small numbers, to be sure, but Exxon's oil wells have limited lifespans. If it can't maintain or grow production, it has a long-term issue on its hands. Like the ROCE numbers, investors should be closely watching this oil giant's production.
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