Exxon Mobil’s Quiet Growth Business With Massive Potential In An Inflationary Environment (NYSE:XOM)

Seeking Alpha | Aug 10, 2020 at 1:50 PM
  • When the price of crude oil takes a beating, it’s natural for investors in oil & gas majors like Exxon Mobil (XOM), Chevron (CVX), and Royal Dutch Shell (RDS.A, RDS.B) to worry about the damages to this commodity business
  • Exxon is without a doubt the dominant player in North America in its Chemical segment (plastics production), and it could prove to be a fantastic competitive advantage both during this crisis and over the very long term.
  • Ethylene is the highest volume petrochemical globally, and is generally the highest component of cost associated with producing polyethylene.