Financial not that bad - 56 seems a potential target to but.
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Unless oil prices rise significantly or Exxon can cut costs elsewhere, the increase in capital expenditures take up a greater proportion of the company’s earnings, which causes free cash flow to dry up. … Indeed, the company’s free cash flows were just $183 billion over the past 10 years, a $92 billion shortfall from what it returned to investors. … To make up for that difference, Exxon has had to take on a greater amount of debt, going from a $24 billion cash surplus to $38 billion in net debt over just 10 years, according to MarketWatch.
Lord MEDZ