The Company consists of the upstream businesses of Exploration & Production and Gas & Power and the downstream businesses of Oil Products and Chemicals. It also has interests in other industry segments such as Renewables and Hydrogen.
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Everything related to commodities has been sold off hard. Oil prices have fallen dramatically along with everything else. One would think that the sell-off has about reached an end. There is not much farther for prices to fall. This company is cheap and pays a 6% plus dividend. You get paid well to wait for the rebound in oil prices that will come. This company has a worse than average replacement ratio. However, these things do tend to even out over time. It is one of the titans of international oil, so it is a fairly safe pick.