Summary
Exxon Mobil has had a difficult time since the start of the oil crash. The company's stock price has dropped by 30% since the start of the crash.
Exxon Mobil plans to increase production significantly. The company anticipates production reaching almost 5 million barrels per day by mid-2020.
Exxon Mobil's mid-2020 cash flow should hit more than $50 billion. That amount of cash flow will be enough to reward investors well going forward.
Exxon Mobil (XOM) is an almost $320 billion oil major, the largest publicly traded oil company in the world. The company produces millions of barrels of oil per day, oil that helps support the world’s energy consumption. As we will see throughout this article, Exxon Mobil’s impressive portfolio of assets and production growth potential, along with the company’s financials make the company a strong investment choice.
