Previous close | 5.50 |
Open | 5.50 |
Bid | 5.80 |
Ask | 5.90 |
Strike | 120.00 |
Expiry date | 2025-01-17 |
Day's range | 5.50 - 5.85 |
Contract range | N/A |
Volume | |
Open interest | 12.84k |
Exxon Mobil, Microsoft, and Visa are all cash-generating machines. Strong cash flows allow the companies to pay down debt and shell out dividend payments.
Divesting non-core assets is a strategic tool for oil and gas companies to enhance financial health. This highlights the need to keep an eye on XOM, BP and OXY.
EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.