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Where Will ExxonMobil Be in 10 Years?

After some really challenging times, ExxonMobil ( XOM 0.82% ) seems to be moving in the right direction. The pandemic-driven destruction of demand for oil and gas hurt ExxonMobil more than other oil companies, partly because of its high debt burden and capital investments. But its efforts to set things right, combined with stronger oil prices, have driven the company out of the mess to a large extent.

https://www.fool.com/investing/2022/04/18/where-will-exxonmobil-be-in-10-years/

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Prediction: Company ditches/sells off consumer facing brands, changes corporate name to disassociate itself with negative brand image of fossil fuel/oil products and gas stations and becomes strictly upstream and maybe chemical company. Meta is already taken. Will be interesting to see what new corp VP from Best Buy and expensive consultants come up with.

Seems like the Motley Fool has a crystal ball - a fool's game at best. The truth is nobody knows. However, one thing is certain - EM's business has been going sunset and its "vision" has been obsolete. If you accept this reality, you will understand what's in store for EM's future.

@OP Exxon will be in ten years what it is today, only in diminished form.

Quoting comics? Does this reflect the company's interpretation of technical analysis?

XOM will fall from the greatest oil company in the last 50 years to just another player. Imagine another OXY and you’ll see the future of XOM

Thread regarding ExxonMobil Corp. layoffs

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