But can a price drilling and rising geopolitical risks offer a new trick for this Dog of the Dow? A quarterly payout of 0.
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But could the price shellacking in XOM stock have finally reached bottom and a possible turning point? Increased geopolitical risks from the likes of North Korea, Syria and Russia sound supportive of tighter supplies, rising oil prices and in turn a boost for Exxon Mobil and XOM stock.
XOM stock is a Dividend Aristocrat. The company has paid investors regularly for more than a century.
Bottom line, XOM stock offers an opportunity to buy into a very well-managed and well-funded company whose prospects, through both its own efforts and macro environment, should begin delivering positive total returns for its investors after a few doggish years of underperformance. The challenge has been supported by the completion of a Fibonacci-based mirror move or two-step pattern denoted by matching legs AB and CD.
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