Never Mind Exxon, Buy Chevron For Growth, Royal Dutch for Defense

Jefferies’ Jason Gammel and Marc Kofler highlight ExxonMobil’s (XOM) strong relative performance since oil crashed, but think Royal Dutch Shell (RDS.A) and Chevron (CVX) could be better options. They explain why: Bloomberg News Exxon has performed relatively well during the oil price contraction, declining by 10% versus 17% for our aggregate integrated oil coverage universe. The stock [...]