Prediction: This Will Be a Half-Trillion-Dollar Energy Stock
The most valuable energy stock traded on the U.S. exchanges, ExxonMobil (NYSE: XOM), has a $392.2 billion market cap -- well ahead of second-place Chevron (NYSE: CVX) with its $268.3 billion market cap. There's a lot to like about both of these companies, but given the lead ExxonMobil has, I'm going to focus on why it deserves to be worth $500 billion today, and why it could reach a $1 trillion valuation within the next four years.
We'll also discuss the strength of ExxonMobil's dividend, which at current share prices yields 3.9%. Here's why the dividend stock is worth buying now.
Image source: Getty Images.
Source Fool.com
Chevron Corp. Aktie
175,74 €
-0,20 %
Klare Kaufstimmung für Chevron Corp.: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 183 € für Chevron Corp. signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 175.74 €.
