Exxon Should Seize the Day

Stock quotes in this article: XOM , APC , NOV , SD , ATPG , XCO , ATLS  

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...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Stockpickr is a wholly owned subsidiary of TheStreet.com.




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,270.47 1,093.48 2,167.88 34.29
Oil *
75.55
UP
73.00
UP
6.24
UP
18.86
DOWN
0.17
10 Yr
3.43%
SPDR Gold
109.74
+0.72%
+0.57%
+0.88%
-0.49%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services