Trickling Along: ExxonMobil Facing Challenges

Just saw this article on Breaking Views via DealBook and wanted to post the link. Despite my longstanding partiality towards XOM it appears that they are truly facing some serious financial problems, and that the "Exxon premium" and higher EV/EBITDA valuation multiple relative to competitors may be on the way out.

http://www.breakingviews.com/exxon-mobil-running-hard-just-to-stand-still/21082033.article