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Point/Counterpoint: The Case for Exxon |
Few companies have been as hard hit by the coronavirus pandemic as Exxon Mobil.
Its stock has fallen over 50% this year, losing its title as America's oil major with the largest market capitalization, and was dropped from its prestigious place in the Dow Jones index of top U.S. industrial companies after 92 years.
Is Exxon Mobil Corp (NYSE:XOM) a survivor or is oil dead?
Investing.com's Peter Nurse argues the case in favor of Exxon, while Geoffrey Smith explains why investors should steer clear. This is Point/Counterpoint. |
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