Dividends4Life: The Future Of Exxon

The Future Of Exxon

Posted by D4L | Thursday, July 17, 2014 | | 0 comments »

Exxon Mobil (XOM) is the world's largest publicly traded oil and gas company. The company has the largest inventory of oil and gas resources of any oil and gas business. Exxon is also the world's largest refiner and marketer of petroleum products. The company's chemical business is one of the largest in the world, as well.

The company's long-term growth prospects remain strong despite disappointing first quarter results. New technologies continue to open up more oil and gas reserves for Exxon. This trend will likely continue far into the future, giving Exxon significant room for growth. Exxon is the oil and gas industry leader. The company has a long history of rewarding shareholders and is very likely to continue to do so. Exxon's future growth is tied to increasing energy demands from rising populations and increased per capita GDP. The company is a buy and the 7th highest ranked stock based on the 8 Rules of Dividend Investing. Exxon is a standout investment due to its above average dividend, long history of dividend payments, solid growth, and favorable long-term outlook.

Source: Seeking Alpha

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