Deutsche Bank Comments On ExxonMobil Ahead Of Analyst Meeting

Deutsche Bank will be hosting ExxonMobil XOM Vice President-Investor Relations and Secretary in New York this week. This note features a list of potential questions for the company, with a longer term analysis of management, strategy, and results, as well as complete net asset value, P&L statement, cashflow statement, and balance sheet forecasts. Deutsche Bank think this is the best oil company in the world, but not necessarily the best oil stock. For XOM, its NAV target is $88. Deutsche Bank's P/E methodology yields $94. The average results in DB's blended $90 PT. Upside risks include stronger than expected returns from XTO, rising commodity prices and a surging chemicals business. Downside risks include an expensive acquisition and potential US tax and renewable fuel legislation. Deutsche Bank has a $90 PT and Hold rating on XOM XOM closed Monday at $84.87