XOM & CVX Earnings Reaction: Long-Term Strong, Short-Term Shaky?

Stewart Glickman and Rob Thummel give their takeaways from Exxon Mobil (XOM) and Chevron (CVX) earnings. Stewart emphasizes the two are setting up for the “longer term” even as crude oil prices have fallen. Rob agrees, but in the near-term thinks investors should look for energy companies with less sensitivity to crude prices, for example Kinder Morgan (KMI). Stewart likes Cheniere (LNG).

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