Cost SavingsExxon Mobil Corp. highlighted $12.7 billion of cumulative structural cost savings, contributing to a positive financial outlook.
Financial PerformanceXOM remains a top pick, particularly in a weaker commodity environment given its strong balance sheet, low oil price to cover the dividend, and earnings growth.
Growth PotentialExxon Mobil Corp. reiterated 10 major project startups this year, including two that are already online, indicating strong future growth potential.