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Stock impact report

Even Though Oil Prices Are Down, These 3 Energy Stocks Have Plenty of Fuel to Continue Growing [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
That decline will weigh on the oil-fueled cash flows of many energy companies. However, some energy stocks are in a better position to handle oil price volatility than others. ExxonMobil (NYSE: XOM) Plains All American Pipeline (NASDAQ: PAA) , and Chevron (NYSE: CVX) stand out to these three Motley Fool contributors for their ability to thrive amid oil price volatility. That makes them great energy stocks to buy for those seeking durable growth amid the gyrations of crude prices. Reuben Gregg Brewer (ExxonMobil): If you think energy prices are volatile right now, go back to 2020. That year, when the pandemic led to economic shutdowns around the world, oil crashed to painful lows. The price of WTI crude actually fell below zero at one point! But Exxon didn't flinch because it had something important to fall back on: a rock-solid balance sheet. That's how Exxon gets through the inevitable hard times in the highly volatile energy sector. It increases leverage so it can continue t Show less Read more
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