: Acquired in July 2023 to secure a massive 1,300-mile CO2 pipeline network , positioning Exxon as a leader in carbon capture and storage (CCS).
As of late , "Exxon buy" primarily refers to the stock's current Buy rating from analysts and its recent large-scale acquisitions aimed at dominating the shale oil and carbon capture markets. Is Exxon a "Buy"? (Market Sentiment) exxon buy
: Financial platforms like 24/7 Wall St. have set price targets near $160 , implying a roughly 5% upside from recent trading levels. : Acquired in July 2023 to secure a
: Exxon maintains one of the strongest balance sheets in the industry, with a debt-to-equity ratio of 0.17x , lower than major rival Chevron. Recent Strategic Acquisitions (Market Sentiment) : Financial platforms like 24/7 Wall St
: The stock holds a consensus "Buy" rating from 20 tracked analysts.
While buying production assets, Exxon is actively "selling" its retail footprint to streamline operations: Exxon to buy Denbury for $4.9 billion in carbon storage bet
As of , market analysis generally favors Exxon Mobil (XOM) :