Looks like the energy sector is on fire!!! Even XOM trading at a high multiple, with lower production growth, can’t seem to go down. Probably, will pullback after summer driving season, and will look to get back in @ 90-92.
Looks like the energy sector is on fire!!! Even XOM trading at a high multiple, with lower production growth, can’t seem to go down. Probably, will pullback after summer driving season, and will look to get back in @ 90-92.
Posted in Industry and Sector
Leave a comment