Thursday, January 23, 2014
Exxon And Chevron, Top Two Supermajors To Buy
With the increased focus on shale reserves along with a stricter environmental regulatory regime, we foresee significant changes in the energy mix as well as the cost of reserve exploitation. Bidness Etc takes a look at investment opportunities in the ‘Big Four’ oil companies – ExxonMobil Corp (XOM), Chevron Corporation (CVX), Royal Dutch Shell plc (RDS.A) and BP plc (BP) – or the supermajors as they are also known. The US oil majors have fared better against European oil majors, as shown by their better three-year stock performance in our article “Integrated Oil and Gas – How the Oil Flows”. The energy landscape is expected to change after 2020 due to the expected rise in environmental regulation. However, both Chevron and ExxonMobil have operations, proven oil reserves, revenue growth potential and other financial metrics that are strong enough to withstand the impact of stricter environmental regulations.
Read More : CVX - RDS.A