Here's Why Context Is Key in the 'Pipeline' Industry
By Rob Spivey
Thursday, December 3, 2020
Last month, we discussed ‘Oil Major’ ExxonMobil (XOM) from a credit perspective… We explained how credit-ratings agency Moody’s (MCO) gave Exxon an investment-grade rating despite some huge risk issues. Exxon has weak cash flows, a large dividend, significant debt maturities, and sizeable capital expenditures (“capex”). As we said… Exxon is currently trapped between credit and […]