Why the Skeptics Are Wrong About ExxonMobil

For decades to come, the world will still need petroleum, Exxon may end up the last supermajor standing

Steve LeVine
Marker
Published in
3 min readDec 18, 2020

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Photo: VIEW press/Corbis News/Getty Images

No matter how you spin it, ExxonMobil has been humbled: It’s accumulated $2.3 billion in losses this year, the worst performance in the company’s 150-year history. Its share price has dropped 38% in 2020, and it’s…

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Steve LeVine
Marker
Writer for

Editor at Large, Medium, covering the turbulence all around us, electric vehicles, batteries, social trends. Writing The Mobilist. Ex-Axios, Quartz, WSJ, NYT.