Trump's energy plans boost U.S. oil stock potential
President Trump has declared a "national energy emergency" and reversed previous energy policies to boost U.S. oil and gas production. His focus is on increasing supply to lower energy prices, which may impact oil stock performance. ExxonMobil plans to invest nearly $140 billion in growth projects over the next five years, following its acquisition of Pioneer Natural Resources. The company expects significant cash flow and dividend increases, benefiting from Trump's energy initiatives. Enterprise Products Partners, a midstream oil and gas company, is set to benefit from increased drilling without being affected by oil prices. With major projects coming online this year, the company anticipates stable cash flows and continued dividend growth.