7. Valuation Models and Analytical Methodologies: **Free Cash Flow Valuation**: - Estimate future cash flows and discount them to determine intrinsic value. **Multiplier Models**: - P/E ratio, EV/EBITDA, price-to-book ratio. **Scenario/Sensitivity Analysis**: - Assess XOM's valuation under different scenarios (bull, base, bear). **Recommendation**: Rank-ordered reasons for buying/selling/recommending XOM. 0