Why ExxonMobil Stock Is a Long-Term Buy
Exxon is not just an energy company of the past.ExxonMobil (XOM -0.02%) released first-quarter results on April 26, and the report gave shareholders much to cheer about. For the period ending March 31, the company posted earnings of 2.06 per share.Exxon earned 2.79 per share, in Q1 of last year. Although the recent numbers equal a 26%-28% decrease, a more noteworthy metric is that Exxon generated a whopping $10.1 billion in free cash flow, beating analysts' expectations ...