15 Best Cheap Stocks to Buy for 2025

7. Exxon Mobil Corporation (NYSE:XOM)

Forward P/E Ratio as of January 15: 12.41

Number of Hedge Fund Investors: 86

Exxon Mobil Corporation (NYSE:XOM) is one of the world’s largest publicly traded energy companies, engaged in oil and gas exploration, production, refining, and petrochemical manufacturing. The company’s customers include industrial sectors, transportation firms, and energy utilities.

Exxon Mobil Corporation (NYSE:XOM) is focusing on developing high-return projects that enhance its profitability and long-term growth. The company has made significant progress on major LNG projects, including the Golden Pass and the North Field Expansion in Qatar. The company has also recently made a notable natural gas discovery off Egypt’s Mediterranean Sea. Exxon Mobil Corporation (NYSE:XOM) has completed the exploratory Nefertari-1 well in the North Marakia Block, located approximately five miles off Egypt’s northern coast. This discovery is particularly significant for Egypt, which has been facing declining gas production and increased reliance on liquefied natural gas (LNG) imports. These projects are expected to further solidify the company’s position in the global LNG market and provide stable, long-term revenue streams.

Additionally, Exxon Mobil Corporation (NYSE:XOM) is investing in advanced technologies to improve the efficiency and environmental performance of its operations, ensuring that new projects are robust and sustainable. The company is developing and deploying low-carbon solutions to address climate change while meeting the world’s energy needs. The company is advancing the world’s largest low-carbon hydrogen production facility at its Baytown site, which will produce 1 billion cubic feet per day of virtually carbon-free hydrogen, with 98% of CO2 emissions captured and stored.