https://www.barrons.com/articles/bp-and-shell-vs-exxon-and-chevron-the-mystery-of-big-oils-p-e-gap-51673052237
Stocks of all the oil giants did very nicely in 2022. But investors valued the two U.S. giants more highly than their U.K. counterparts. The reason may lie in how the companies are transitioning to renewable energy.
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