ExxonMobil Buys Pioneer, Lockheed Soars - How Oil Giants and Defense Titans Reward Shareholders
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ExxonMobil is acquiring Pioneer Natural Resources to boost its oil and gas production. It sees long-term demand for fossil fuels.
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Lockheed Martin produces vital defense systems like the F-35 fighter jet. Its dividends and buybacks support a rising share price.
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Berkshire Hathaway's diverse subsidiaries generate ample cash flow. Buffett uses this to scoop up undervalued assets.
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Exxon is investing in hydrogen, renewable diesel, and carbon capture to support low-carbon growth.
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Lockheed's large order backlog provides visibility into its future cash flow for dividends.