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.
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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.
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