: Closed in late 2023, this was Exxon's largest acquisition in decades, aimed at making it the dominant producer in the U.S. Permian Basin .
: Financial platforms like 24/7 Wall St. have set price targets near $160 , implying a roughly 5% upside from recent trading levels.
: The stock holds a consensus "Buy" rating from 20 tracked analysts. exxon buy
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
Exxon has used its high cash reserves to "buy" significant market share through major takeovers: : Closed in late 2023, this was Exxon's
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)
: Some reports suggest the stock is undervalued by 37–38% relative to its growth potential in the Permian Basin. have set price targets near $160 , implying
: In January 2024, Exxon agreed to buy an additional 1.2 million tonnes of LNG per year from Mexico Pacific to strengthen its global gas portfolio. Ongoing Asset Sales (The "Sell" Side)