Exxon Mobil Corp. has reported a 21.7% increase in stock year-to-date, bolstered by ambitious plans for its Uaru and Whiptail oil projects, which are both progressing ahead of schedule. Despite facing a dismissed lawsuit against environmental groups in Texas and ongoing legal disputes with Cuban entities, the company is expected to lean into its upstream portfolio with record production in the Permian Basin. The 2027 earnings forecast predicts a significant jump of 21.8%, positioning Exxon favorably despite anticipated earnings declines in 2026.

“Starting with Exxon, they had their assets expropriated twice. So, you know, you burn me twice, don't burn me a third time. At least I learned my lesson. So, Exxon will not be going in.”

“I've expressed my preference personally by establishing a very large position in Exxon, not because of their global franchise, but rather because of a stupendous discovery that they've made in Gana.”