Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Falling, or rather plunging, natural gas prices have been hard on natural gas stocks and even big diversified energy stocks like Exxon Mobil Corporation (XOM) are feeling some of the pain, thanks to having exposure to natural gas. However, Exxon Mobil has remained resolute in its focus on natural gas for the long term, which begs the question: should investors be concerned about that?

Exxon Mobil and the Other Supermajors

To begin with, Exxon Mobil is the world's largest publicly traded international oil and natural gas producer. In fact and at the end of last year, it had a resource base of 87 billion oil-equivalent barrels - the largest among international oil companies. That makes Exxon Mobil one of the supermajors with the others considered to be BP (BP), Chevron (CVX), Royal Dutch Shell (RDS.A) and TOTAL (TOT) - and sometimes ConocoPhillips (COP). Together, these super large oil companies control roughly 6% of the world's oil supply, with OPEC and state-owned entities controlling much of the rest or around 88% of the world's oil. READ FULL ARTICLE HERE