Carbon Capture

Exxon Mobil: declining earnings and a 1-of-4 scorecard, yet two-thirds of analysts still say Buy

Revenue and earnings are both falling — a 1-of-4 Financial Scorecard, with earnings down 46% year over year — yet 68.66% of 20 analysts rate Exxon Buy, with an average target of $165.11, about 10% above the price. The P/E reads 25x only because profits sit at a cyclical low. Current price: $150.64.