The 1 Key Driver of Exxonmobil's Future
If you want to see where ExxonMobil will head in the next couple years, look to our neighbors to the North. Despite Exxon's operations that span the oil and gas business, the upstream side is where the Texas giant makes its bread and butter. That is why its interest in the Kearl oil sands project in Alberta will be a key determinant in Exxon's future.
There are three reasons why Kearl stands above the other projects Exxon has in the queue: management control, production share, and rate of return. In the video below, Fool.com contributors Tyler Crowe and Aimee Duffy explain why these three factors make Kearl the biggest thing to watch for Exxon going forward.
How are We Doing it?
Oil sands, offshore drilling, shale gas; all of these complex, challenging methods for extracting oil are possible thanks to major advancements in drilling technology. There is one behind-the-scenes energy giant that is a major force in pushing these technologies forward and making the fortunes of oil companies possible. Ee have put together a special report that gives a detailed analysis of this company called: "The Only Energy Stock You'll Ever Need." Let us help you discover this energy heavy weight by simply clicking here, and we'll give you free access to this valuable report.
The article The 1 Key Driver of Exxonmobil's Future originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter @TMFDuffy and @TylerCroweFool, respectively. The Motley Fool recommends Chevron and Statoil (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.