Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, May 31, 2024

Oil Drillers Mergers

 


There have been several recent mergers and acquisitions in the oil sector in the US.

There are conditions for this trend to continue, according to Wolfteam Ltd.'s projections and estimates.

Oil and oil drillers are undervalued. So there is still more room for consolidation to pursue future growth.

Exxon Mobil, world's largest oil producer has a market capitalization of 519.16 billion USD compared to the trillions of USD each that the Magnificent seven AI companies Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla, outside Tesla sport.

Much of the economy is a leveraged play on oil, so Exxon Mobil and the other oil majors and mid sized companies are all valued significantly below their intrinsic values, 40 % on average, in Wolfteam Ltd.'s view.

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