NYSE:XOMOil and Gas
Exxon Mobil (XOM): Valuation Check After Oil Price Rally on Venezuela Tanker Blockade News
Exxon Mobil (XOM) caught a tailwind after President Trump announced a total and complete blockade on oil tankers linked to Venezuela, lifting WTI prices and giving energy producers a short term earnings and cash flow boost.
See our latest analysis for Exxon Mobil.
That move slots into an already solid year for Exxon Mobil, with a roughly 9.4% year to date share price return and a 1 year total shareholder return of about 14.4%. This suggests momentum is gradually rebuilding as investors...