Did you lose money
With speculation rife on the probability that Exxon could snap up M&A targets like Continental Resources and Whiting Petroleum, the company is steadying a reservoir capable of adding great assets at a cheap price.
To refinance its debt situation, the company raised $12 billion through a bond issue. In fact, the company's debt offering could be indicative of a brightening picture. The rising demand for Exxon's bonds reflects the confidence investors continue to place in this stock. XOM belongs to a class of investments that won't disappoint in what promises to be