Sep. 10 at 5:02 PM
Is
$XOM a Hold or just a Hold? 🤔
ExxonMobil's upstream operations thrive with WTI crude over
$63, thanks to low breakeven costs in the Permian Basin. However, XOM's EV/EBITDA of 7.11X overshoots the broader industry average, raising valuation concerns.
Full bull/bear case on XOM 👉 https://www.zacks.com/stock/news/2749649/is-the-current-oil-price-favorable-for-exxonmobils-upstream-business?cid=sm-stocktwits-2-2749649-body-11824&ADID=SYND_STOCKTWITS_TWEET_2_2749649_BODY_11824