What is Exxon Mobil’s (XOM) Economic Moat, and is it Widening or Narrowing?
ExxonMobil Holdings Corporation (NYSE:XOM) closed at $164.01 on October 2, up 43.62% over twelve months. A moat is whatever stops a competitor taking your profit. In most industries that is a brand or a patent or a network. An oil company has none of those. It sells an identical product at a price it does […]
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