“Is Exxon Stock A Buy While Dividend Holds Steady Amid Steep Cuts?”

“On Oct. 30, Exxon reported a loss of 18 cents per share in Q3 vs. a profit of 68 cents per share in the year-ago quarter. Wall Street was expecting a loss of 28 cents per share. Revenue fell 29% to $46.2 billion, falling short of Zacks Investment Research estimates for $49.5 billion.

Oil-equivalent production fell 3.7% to 3.7 million barrels per day. The upstream business lost $1.5 billion after earning $8.3 billion a year ago. Downstream income collapsed 91% to $134 million. Chemical income rose 34% to $1.27 billion…”

I think energy stocks are a wildcard right now. Depending on how things look late January to early February energy stocks may be the stocks to own. Personally I would hold off from buying them at the moment unless you were already invested for long term.