Exxon Mobil shares reached a new all-time high, marking a significant milestone for the company and reflecting a broader trend among major oil companies. This achievement comes amid a period of increased U.S. production and profitability in the oil sector, which has been described as a boom time for 'big oil' and its investors over the last three years. The rise in Exxon's stock value, denoted as $XOM, has sparked discussions about its deserving place back on the Dow Jones index. The event is significant in the #energy and #OOTT sectors.
Sources
Geiger Capital
$XOM new all-time high!💰🛢️ https://t.co/xrToyYtu7h
Brian Sullivan Exxon shares hit all time high as US production and profit rises. Last 3 years has been a boom time for "big oil" and many oil and gas investors. $XOM #energy https://t.co/mp2ZEn2P4f
- Brian Sullivan
Exxon shares hit all time high as US production and profit rises. Last 3 years has been a boom time for oil and gas and investors in the group. $XOM #energy https://t.co/ss72SqnQFU