Tuesday, February 1, 2022

XOM -- Has Something Changed? -- February 1, 2022

So, where do we stand, the first day of February, 2022?

XOM: if this is accurate, we haven't seen anything yet.

  • link here, XOM's breakeven at $41 and under $35 by 2027:

That's all, except for the disclaimer. 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

Have things changed? 

Twenty years from now, they're going to say, "we underestimated the Bakken."

2 comments:

  1. Bruce, I am curious why XTO has not increased drilling activity in the Bakken. They were one of the busiest pre-Covid. Do you have any idea why this is?

    ReplyDelete
    Replies
    1. I agree. I have no idea. I will do some kind of XTO post on the blog to see if anyone has any ideas. But it is strange.

      Delete

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