ExxonMobil (NYSE: XOM) runs with a pretty distinguished group of peers, all of which are giant international energy producers with diversified businesses. Despite immense pressure to shift hard toward clean energy, Exxon is sticking close to its core oil and natural gas businesses. But investors need to think long-term before they make a final judgment call. Here's why Exxon could be worth buying even as the world pivots toward renewable power.
Exxon has an over $400 billion market cap. That makes it larger than Chevron, Shell, TotalEnergies, and BP, its closest peers. In fact, the second-largest integrated energy company on this list is Chevron, with just a $285 billion or so market cap. Simply put, Exxon is the 800-pound gorilla of the group.
Source Fool.com