ExxonMobil: Patience Pays Off, Excitement Doesn't
https://seekingalpha.com/article/4485138-exxonmobil-patience-pays-off-excitement-doesnt
- ExxonMobil's stellar performance over the past year and a half has come as a surprise to many, given all the negative sentiment at the time.
- Even as the company is about to dial-up its capital and exploration expenditures, forward free cash flow yield still remains attractive.
- The dividend appears safe for now, however, investors should not rule out an adverse scenario going forward.