Trump's Disagreement with Exxon CEO: Should Investors Buy XOM Stock?
ByAinvest
Friday, Jan 16, 2026 4:36 pm ET1min read
XOM--
US President Donald Trump is pushing for US oil producers to work in Venezuela, but Exxon Mobil's CEO Darren Woods says the country's oil reserves are "uninvestable" due to issues with commercial terms, the legal system, and foreign investment protections. Trump may sideline Exxon from Venezuela's energy sector, which could impact investors. Exxon shares are up 15.3% in the last 12 months and are near all-time highs.
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