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StockNews.com
Business
Anushka Dutta

Exxon Mobil (XOM) – Is It Time to Buy or Wait on This Energy Stock?

Oil and gas industry behemoth Exxon Mobil Corporation (XOM) anticipates its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current levels due to a continuous rise in demand.

The company has expanded its refining capacity and is focusing on higher-margin chemicals. XOM seems set for a breakout due to rising bullish sentiment for energy assets.

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