Your Daily Fortune: $PLTR Palantir will announce a huge partnership with $XOM ExxonMobil 🔮

Basically prepare for the stock to go to 0 since we all know that new deals just sink PLTR. And Exxon will be their largest commercial client by a landslide. Anyway, for contrarians who feel like buying the dip here’s the scoop. Page 2 is the only point of interest for this post: https://www.palantir.com/assets/xrfr7uokpv1b/58MAM4wO61DspYDwazlwTp/bdc4e5036ede57cddd91096e56ece58b/Palantir-Whitepaper-Industry-4.0-Q1-2022.pdf My coworker sent me that today which on page 2 showcases palantir’s largest clients. You’ll see ExxonMobil is now listed. Which to my knowledge is the first time their brand has shown up on any sort of official palantir document. Searching online there’s 0 articles or news about this partnership so this is very early stage. The timing makes sense as the recent oil boom likely has many of these energy giants seeing the extra cash that’s coming in and looking for ways to efficiently use it. With BP Oil being a PLTR customer for over 8 years and touting its benefits it’s logical that other producers would show interest. With that in mind let’s look at how much a deal with Exxon could be worth and further evidence that supports a huge contract: BP is the closest related customer that’s currently using PLTR and they have a 10 year deal worth $1.2 Billion. They have an additional 5 year deal for an unspecified amount. The goal of their partnership is to help digitally transform BP oil and find solutions to attain company carbon neutrality by 2050. Funny enough, ExxonMobil released a statement in January saying that they are also now planning to become carbon neutral by 2050 and will be heavily investing in new technology solutions to help meet key milestones: https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0118_ExxonMobil-announces-ambition-for-net-zero-greenhouse-gas-emissions-by-2050 Given that Exxon brings in nearly double the revenue, triple the profit and is farther behind in their green initiatives than BP Oil, I think it’s fair to assume a deal that looks to fulfil the same task (carbon neutral by 2050) will be at least 2x the size of the BP deal, and that’s quite conservative imo. TLDR: I’m predicting a $2.5 Billion deal with ExxonMobil within the next 12 months Position: 1000 shares, will be buying LEAPs tomorrow.

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Your Daily Fortune: $PLTR Palantir will announce a huge partnership with $XOM ExxonMobil 🔮

bullish

Basically prepare for the stock to go to 0 since we all know that new deals just sink PLTR. And Exxon will be their largest commercial client by a landslide.

Anyway, for contrarians who feel like buying the dip here's the scoop. Page 2 is the only point of interest for this post:

https://www.palantir.com/assets/xrfr7uokpv1b/58MAM4wO61DspYDwazlwTp/bdc4e5036ede57cddd91096e56ece58b/Palantir-Whitepaper-Industry-4.0-Q1-2022.pdf

My coworker sent me that today which on page 2 showcases palantir's largest clients. You'll see ExxonMobil is now listed. Which to my knowledge is the first time their brand has shown up on any sort of official palantir document. Searching online there's 0 articles or news about this partnership so this is very early stage.

The timing makes sense as the recent oil boom likely has many of these energy giants seeing the extra cash that's coming in and looking for ways to efficiently use it. With BP Oil being a PLTR customer for over 8 years and touting its benefits it's logical that other producers would show interest.

With that in mind let's look at how much a deal with Exxon could be worth and further evidence that supports a huge contract:

BP is the closest related customer that's currently using PLTR and they have a 10 year deal worth $1.2 Billion. They have an additional 5 year deal for an unspecified amount. The goal of their partnership is to help digitally transform BP oil and find solutions to attain company carbon neutrality by 2050. Funny enough, ExxonMobil released a statement in January saying that they are also now planning to become carbon neutral by 2050 and will be heavily investing in new technology solutions to help meet key milestones:

https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0118_ExxonMobil-announces-ambition-for-net-zero-greenhouse-gas-emissions-by-2050

Given that Exxon brings in nearly double the revenue, triple the profit and is farther behind in their green initiatives than BP Oil, I think it's fair to assume a deal that looks to fulfil the same task (carbon neutral by 2050) will be at least 2x the size of the BP deal, and that's quite conservative imo.

TLDR: I'm predicting a $2.5 Billion deal with ExxonMobil within the next 12 months

Position: 1000 shares, will be buying LEAPs tomorrow.

read-time
2 min
15.00
Target Price
9/ 10
Confidence
6-12 Months
Timeframe
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