Exxon Mobil (XOM) is a top pick for hedge fund investors due to its global scale, strong financials, and aggressive growth plans. The company aims for $20B in earnings growth and $30B in cash flow growth by 2030, even with Brent prices at $65 per barrel.

Exxon Mobil (XOM) has been growing its earnings by 30% annually over the past five years, with cash flow increasing by 15% each year. The company is focused on cost reduction, targeting $18B in savings by 2030 and aiming for a break-even oil price of $30 per barrel by the same year.

Known for its generous payouts, Exxon Mobil (XOM) has distributed over $125B in dividends and buybacks in the last five years. The company plans to repurchase $20B in shares annually through 2026 and has raised payouts for 42 consecutive years.

Exxon Mobil (XOM) is a major player in the global fuels, lubricants, and chemicals industry, with operations on six continents. While it offers investment potential, some believe there are AI stocks with greater upside and less risk. Consider exploring opportunities in the AI sector for potential growth.

For more investment insights, check out the 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. No disclosure provided in this news update.

Read more at Yahoo Finance: Here is Why Exxon Mobil (XOM) is a Favorite Among Hedge Fund Investors