Nov. 20 at 4:59 PM
$XOM SeekingAlpha author Envision Research estimates +
$0.10 increase in
$NG adds
$0.08 to
$XOM EPS. With a multiple of 15:1, say
$1.20 price increase for each
$0.10 of
$NG revenues sold by
$XOM. Also Mozambique's Force Majeure was lifted on the huge natural gas mining operation. If I can't profit from crude, then
$NG will do the trick.
https://seekingalpha.com/article/4830454-exxon-mobil-prepare-for-a-cold-winter
