In your opinion, is it too late to buy $XOM stock after the big PXD acquisition? To me, the current price seems fair enough and I think expanding their reach will only help them in the future. What do you think?
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MD
I own and will continue to, I like their shifts, acquisitions. I see it as a positive, they have financing, albeit debt, but which company doesn't, theirs is not a big one that can't be managed and more of these purchases will bring them revenue in the future, the price isn't bad, but I'll wait to buy under $100.
AG
Acquisitions are great and it doesn't always have to be that debt to be bad, anyway with the share price I'll wait for under $100 as well.