The geopolitical chaos describing the way for Exagonbyl, Chevron, and Conocophillips to benefit

Photo of author

By [email protected]


Oil prices have stopped climbing this week, as it seems that the tensions between Israel and Iran are decisively abandoned, the Strait of Hormuz is still working. However, given that both sides have already violated the conditions of the US -led ceasefire, it would be too early to assume that permanent stability will be achieved in the region.

As the Middle East remains a possible flash point, investors may want to stay ready to renew fluctuations in energy markets. In this context, well -known energy leaders such as Exxonmobil (XOM), Chevron (CVX) and Conocophillips (COP) provide a strategic method of maintaining exposure to lack of oil prices amid geopolitical uncertainty.

The three energy giants can be the key to mobility in volatility while exposure to a possible shock to oil prices that will greatly enhance profits and revenues, despite their harmful impact on international trade prices and consumer prices.

For many investors who focus on income, Exxonmobil is the basic reservation. Its huge daily production, which is about 4 million barrels, makes it one of the most reliable energy names. Moreover, its diverse wallet, which ranges from the source exploration in places like Guyana to the power refine, means that it is not just a bank on the remaining crude prices.

Modern moves, such as its acquisition of leading natural resources, increased significantly, significantly, in a significant way of its blind production, and its position to produce low -cost shale oil even if the prices decrease, as we saw last week.

Recently, Exxon was vocal about Israeli tensions, Iran, as CEO Darren Woods referred to the Strait of Hurmos Hormuz in global oil flows, as nearly a third of crude oil oil passes from the sea. If this mixing is pressed if re -tension, the global supply chain may face hiccups, but its ability to redirect pipelines, such as Saudi Arabia to the Red Sea, must give it an advantage.

Regardless, with a 42 -year record of increased annual profits without interruption, Exxon showed its ability to move even in the most challenging times in the sector, all of that time Maintaining reliable and growing profits.

Currently, most analysts are optimistic about XOM shares. Arrow Moderate purchase Consent classification, based on nine categories of purchase and six assessments that have been appointed during the past three months. There is no analyst that evaluates stocks selling. Average XOM price from 123.40 dollars It means ~ 13 % up to the next twelve months.



https://media.zenfs.com/en/tipranks_452/10745e94a248042f169db162b08d2163

Source link

Leave a Comment