Summary
- I've invested in Exxon several times over the years and made money consistently. There is something unique occurring now, however.
- I looked back over the last 25 years and Exxon has never yielded this high. Not once.
- The growth of electric cars, production declines, reserve auditing issues, reserve replacement problems, egregious international regulators, bad natural gas prices, and horrible crude oil price action.
- Is this time finally different? Is Exxon no longer a buy despite the yield? We'll give it a fair analysis and work through all the common counter arguments.
- This idea was discussed in more depth with members of my private investing community, Institutional Income Plus. Start your free trial today »
They say a picture is worth a thousand words. How much is this chart worth?
Source: Macrotrends
