ExxonMobil Holdings (XOM) Could Be 3% Undervalued On Shell Chemicals Bid Talk

ExxonMobil Holdings (XOM) is back in focus after reports that it is among several bidders for Shell’s U.S. chemicals business, a portfolio of four plants that could be valued near US$8b. ExxonMobil Holdings has ridden stronger oil prices and steady operational news to a 7.88% 90 day share price return and a 34.16% year to date share price return. Total shareholder return over five years is a very large 259.44%, suggesting momentum has recently been building rather than fading. Compare...