Prediction: You Won't Recognize ExxonMobil in 2040
ExxonMobil will still be an integrated oil giant, but long-term investors should expect positive changes in the coming years.
Prediction: You Won't Recognize ExxonMobil in 2040
Overview
It's often said that an old dog can't be taught new tricks. Folksy wisdom to be sure, but in business, it's evolve and lead or risk getting left behind.
When investing for the long term, market participants want to find companies that aren't just performing well today but are also making moves to position for long-term success. What the right moves are vary from industry to industry, but among oil stocks, ExxonMobil (NYSE: XOM) is a prime example of a name that's rewarding today and could be even more rewarding down the road.
ExxonMobil will look significantly different in the future and investors stand to benefit. Image source: Getty Images.
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Originally published at www.fool.com.
