The factors in favour of a rise in the ExxonMobil share price:
First of all, it is of course an undeniable advantage that the ExxonMobil group enjoys a very high popularity throughout the world. Indeed, it is one of the strongest brands but also one of the largest companies in the world. ExxonMobil is also one of the leaders in its sector, which gives it additional strength.
Another major strength of ExxonMobil is its ability to innovate. Every year, the company invests a large amount of money in research and development in order to develop new innovative products and services that will effectively meet the needs of consumer customers. It is also worth mentioning here that ExxonMobil regularly carries out buy-outs of smaller companies that allow it to position itself in new segments and thus increase its capacity for innovation. In this highly competitive sector, this capacity to innovate is of course a real asset that allows ExxonMobil to maintain its positioning.
It goes without saying that the financial performance of this company is one of the elements most appreciated by investors and shareholders. Indeed, the group is showing very interesting results over the long term, which is reassuring in terms of the future profitability and growth capacity of this company.
It should also be noted here that the ExxonMobil Group is a multinational company with operations throughout the world. To do so, it operates numerous oil refineries, 37 in total, in more than 21 different countries, enabling it to deliver its hydrocarbons anywhere in the world with the lowest possible transport costs.
Finally, one of the group's major strengths is of course its very impressive workforce of more than 83,000 employees worldwide. The number of employees in a company is indeed one of the most important selection criteria that traders use to buy shares on the stock market because it reflects the economic health of that company and its production capacity.