Aidan Cassidy ‘24 pitched Exxon Mobil Corp (XOM: WM) on November 13, 2023. Exxon is an integrated oil company involved in all aspects of the energy industry including exploration, production, refining, and selling of petroleum products. In addition to the long-term potential growth within the company, Aidan’s investment thesis plays into SMIF’s current strong conviction in the energy sector. Additionally, Exxon’s increasing dominance in the Permian Basin allows for greater stability in times of ongoing geopolitical uncertainty beyond its already diversified portfolio. SMIF voted to buy approximately $77,000 of Exxon Mobil (XOM), funded by the sale of XLE.