Exxon Mobil ties future growth to natural gas
Exxon Mobil (NYSE:XOM) in acquiring XTO Energy Inc. has positioned themselves far a strong future with the natural gas play they got with XTO.
With natural gas prices as low as they are, there's no doubt it'll begin to rise again in price again, and when it does, Exxon Mobil will rise in value with those prices.
Exxon has one of the largest stakes in natural gas now, and their future fortune is tied into it in a big way, and even if the sector was to grow conservatively and moderately, long term this should be a great stock to own.
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