Dryden Pence, Chief Investment Officer at Pence Capital, provides a forecast for the oil market, highlights XOM, and how it's significantly more profitable than it was in 2021 in a similar pricing environment.

Disclosure:

Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden Pence is a registered representative with and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. PCM is not affiliated with LPL Financial.

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All performance referenced is historical and is no guarantee of future results. All indices referenced, if any, are unmanaged and may not be invested into directly.

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