ExxonMobil
also referred to as: exxon
10 statements across 8 episodes · 2 bullish · 4 bearish · 8 people on the record · first statement Jul 6, 2020 by Reuben Munger · said 36 times in 18 episodes since 2019 · across every show →
Mentions by year
brought up most by Ted Seides (6), Vincent Daniel (5), Rajiv Jain (4), Matt Miller (3), John Reynolds (3), Matt Levine (2), Bob Litterman (2), Tom Steyer (1)
tap a year for its mentions
2026 6 mentions in 3 episodes 2 per episode
2025 3 mentions in 1 episode
2024 3 mentions in 1 episode
2023 13 mentions in 4 episodes 3 per episode
- Tom Joy – Divine Diversification and Responsibility at Church Commissioners (Capital Allocators, EP.306)
- Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
- Ashby Monk – Investor Identity, Navigation, and Resilience (Capital Allocators, EP.312)
- Tom Steyer – Investing to Save Humanity (Climate Solutions EP.1, Capital Allocators EP. 300)
- every mention in 2023, scene by scene →
2022 1 mention in 1 episode
2021 1 mention in 1 episode
2020 6 mentions in 5 episodes 1 per episode
- Sustainable Investing 3: Bob Litterman – Pricing Climate Risk (Capital Allocators, EP.141)
- Marko Papic – Geopolitical Alpha at Clocktower Group (Capital Allocators, EP.161)
- Morgan Housel – The Psychology of Money (Capital Allocators, EP.155)
- Sustainable Investing 9: Reuben Munger – Private Capital Perspective (Capital Allocators, EP.147)
- Gregory Zuckerman – Decoding Renaissance Medallion (Capital Allocators, EP.119)
- every mention in 2020, scene by scene →
2019 3 mentions in 2 episodes 2 per episode
Everything said about ExxonMobil, oldest first
Jul 6, 2020 bearish
With 8% ROEs, oil supermajors are terrible bellwethers for climate investment opportunities
“This is a group of companies that have had terrible returns on capital. They earned, you know, eight percent ROEs last year. This year is going to be worse. Exxon's down 40% in the last five years. Why are we waiting for them to be the bellwether that determin…”
Oct 26, 2020 negative
Papic: Public market ESG is meaningless; real edge is in private markets
“Now, the problem I have, though, is that in the public markets, there's clearly this kind of rubber stamp of ESG that I think a lot of investors have already figured out is almost meaningless. Because you have these ESG indices that are like everybody but poor…”
Nov 15, 2021 neutral
Mar 6, 2023 bullish
Jul 3, 2023 bullish
Daniel: Energy was one of our career's greatest contrarian value trades
“One of, probably, I would say the biggest for us was when Exxon got kicked out of the Dow for Salesforce.com, Us schmucks, everybody else in the world goes and buys Salesforce.com because it's going to be in relative indices and the like. We go, let's take a l…”
Jul 3, 2023
Daniel: Major asset managers had zero energy stocks in top 50 holdings
“We took all the large asset management complexes. I think Wellington. Wellington, Fidelity, Neuberger, you name, Capri, you name them, and say, okay, let's figure out where their largest energy exposure is and what number it is in their portfolio. They're taki…”
Jan 20, 2025 negative
Farber: Exxon's Pioneer deal removed two of CrownRock's best potential buyers
“The flip side of that was the business had been so successful that we got to a size that very few companies could afford to bid in that process. And the deal that John was talking about with Exxon taking out Pioneer, that took two of our best buyers off the ta…”
Jan 5, 2026
Jun 8, 2026
Jain: Position sizing should follow credit analyst logic, not equity conviction
“The sizing should be based on how a credit analyst would think. You can't have a very large position in monoline business, which operates a very narrow niche. Can't do it. So if you think about how does S&P would give AAA, it would never give AAA to an E&P com…”