EXXON to continue a strong 20191. Exxon Mobil recently bounced back from a 30 year low - indicating we have seen the bottom so the stock is relatively cheap compared to its all time high.
2. Exxon Mobil plan to push hard in the U.S. onshore market. With a goal of 55 rigs from 48 by the end of 2019 - this is a very large number especially as smaller drillers are actually reducing their number of rigs.
3. For over 30 years Exxon Mobil has delivered annual boosts to it quarterly payout (last year's was a 6.5% rise) and with production recovering, there is a good chance the payout could keep increasing.
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