Summary
- The upstream powerhouse Exxon Mobil has returned. The company has a number of exciting projects in Guyana, Brazil, and the Permian Basin.
- The company is moving forward on these projects, and I expect the company's cash flow to increase significantly from now until 2025.
- I expect the company will continue to make significant discoveries in Guyana, as a result of a number of unexplored wells.
- The company has acquired a major acreage position off of Brazil, and I expect this could be an exciting development.
- All of this cash flow will be very rewarding to shareholders who are willing to invest for the long-term.
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Exxon Mobil (NYSE: XOM) was, at one point, the single largest publicly traded company in the world. That has since changed, as many investors worried Exxon Mobil's glory days were over. Competitors like Chevron were investing in massive $60 billion LNG plants, while competitors like Royal Dutch Shell were buying massive competitors like the BG Group. In comparison, Exxon Mobil was still reeling from the incredibly expensive $41 billion XTO acquisition.
Exxon Mobil Tank - Republic Report
However, the night is always darkest before the dawn. Exxon Mobil is a company full of employee expertise, a strong management history, and significant capital abilities. The company has a long history of proving that it knows the business and can invest when it comes down to it. As we'll see throughout this article, a recovering upstream market picture, combined with a significant portfolio of assets, make the company a strong long-term investment choice.
