Updated from 12:24 p.m. EST
Over the next 25 years, the demand for energy and energy-related products will likely increase by as much as 50%, to 160 million barrels of oil per year. As the world's largest company by revenue, at $404.5 billion for the fiscal year of 2007, Exxon Mobil(XOM Quote) could be poised for upside appreciation if management starts buying up beaten-down oil and natural gas assets in the near future. Exxon, which has not done a major deal in the oil and natural gas space in years, should use the company's $40 billion in cash and AAA rating to float a multi-billion-dollar bond offering to help finance accretive buys in the space. Here are some companies Exxon should take a look at. To read more, visit Stockpickr.com. Exxon Mobil closed Tuesday down 1.76%, at $78.20 per share.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.12 |
Oil *
77.12
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DOWN
154.48
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DOWN
19.14
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DOWN
37.61
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DOWN
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