Exxon Mobil: Ready To Hit $90 By Mid-2013

Tue, 05/29/2012 - 16:29 EDT - Seeking Alpha

By ValueMax:
by Johnny Duncan
With natural gas prices finally starting to climb, companies like Exxon Mobil (XOM) -- that only a few years back began putting more of its capital toward the exploration and production of natural gas -- can finally reap the rewards. In fact, Exxon actually produces more natural gas than oil, more so than Chevron (CVX) and ConocoPhillips (COP), which still gathers most its profits from oil. Even so, Exxon is still the leader in the world of oil and gas companies with a $406.9 billion market cap and looks like it will hold that position for a very long time. Along with a super-strong foundation, a gazillion years of experience, the company also possesses very strong ties that allows the company to search the world for attractive investment opportunities. While fluctuating prices in both natural gasComplete Story »

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Exxon Mobil: Ready To Hit $90 By Mid-2013

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