The Story
News Summary
- ExxonMobil (XOM) signed a 20-year deal with Targa Resources (TRGP) to support new Permian Basin midstream infrastructure.
- While this secures long-term volume commitments for XOM, significantly increased capital spending by TRGP raises execution risk, tempering the immediate bullish sentiment.
Explore XOM price history & advisor snapshot
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Stored market data
XOM price history
165.99
+46.00% over the displayed period
Advisor Snapshot
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