Turnaround or is ExxonMobil’s Zombie status in perpetual limbo or terminal?

Introduction

As indicated last week, because of space constraints, this week’s column begins with my introduction of a Schedule that I could not have presented then. The Schedule summarizes a decade-long time series [2011- 2020] of financial data on ExxonMobil, which I had discussed in last week’s column. This is presented today in Schedule 1 below. Today’s column seeks to advance the analysis further through focusing on an evaluation of whether ExxonMobil is currently either 1) on the cusp of a turnaround out of the entrapment of zombification, or 2) whether it is locked in stasis, or indeed 3) locked in a phase leading to terminal insolvency.