Big Oil Battle Royale: Is ExxonMobil or Chevron the Better Buy for 2030 Right Now?
Oil stocks have dipped recently, making these two integrated giants appealing options for investors today.
Overview
Over the last month, the U.S. and Iran have agreed to a ceasefire, and Brent crude oil prices have fallen to around $70 per barrel. For investors looking to add energy stocks, the recent sell-off in oil stocks presents an opportunity.
Two top players in the oil space are ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX), both of which are making investments to drive growth while effectively managing capital expenditures (capex). Here's which one stands out as a better buy for 2030 right now.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.