A series of the mergers and acquisitions are putting together the oil company that was broken up by the Supreme Court in 1911.
Exxon Mobil, Microsoft, and Visa are all cash-generating machines. Strong cash flows allow the companies to pay down debt and shell out dividend payments.
Divesting non-core assets is a strategic tool for oil and gas companies to enhance financial health. This highlights the need to keep an eye on XOM, BP and OXY.