Exxon Mobil Corp
Change company Symbol lookup
Select an option...
XOM Exxon Mobil Corp
EPD Enterprise Products Partners LP
STLB Sterling Business Solutions Inc
CITY Avalon Correctional Services Inc
TEVJF Teva Pharmaceutical Industries Ltd
UMBF UMB Financial Corp
OXM Oxford Industries Inc
ICON Iconix Brand Group Inc
BAC Bank of America Corp
ON ON Semiconductor Corp
Go

Energy : Oil, Gas & Consumable Fuels | Large Cap Value
Company profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products. The Company's segments include Upstream, Downstream, Chemical, and Corporate and Financing. The Upstream segment operates to explore for and produce crude oil and natural gas. The Downstream operates to manufacture and sell petroleum products. The Chemical segment operates to manufacture and sell petrochemicals. The Company has exploration and development activities in projects located in the United States, Canada/South America, Europe, Africa, Asia and Australia/Oceania.

Price
Delayed
$45.74
Day's Change
1.14 (2.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
45.85
Day's Low
45.47
Volume
(Heavy Day)

Today's volume of 2,857,740 shares is on pace to be much greater than XOM's 10-day average volume of 23,353,446 shares.

2,857,740

'The best bet might be to stay on the sidelines,' according to this chart of winners and losers in this pandemic

3:57 pm ET May 18, 2020 (MarketWatch)
Print

By Shawn Langlois, MarketWatch

If the stock market is, indeed, a forward-looking instrument, one look at this chart suggests there's still plenty of gloom out there in terms of where this pandemic is headed.

As you can see, the Quarantine Index, introduced by Cornell Capital Group (https://cornell-capital.com/blog/2020/05/the-cornell-capital-group-anti-quarantine-index.html), has been on fire ever since the coronavirus took hold in the United States. Makes sense, considering the group consists of companies poised to profit from lockdown orders -- think Amazon(AMZN) , Netflix (NFLX) , GrubHub (GRUB)and Zoom .

Then there's the Anti-Quarantine Index, which is comprised of those companies hardest hit by the pandemic -- hotels, airlines, cruise ships, movie theaters, etc.

"Not surprisingly, the Anti-Quarantine Index is almost a mirror image of the Quarantine Index," Cornell Capital explained. "It falls while the Quarantine Indexes rises as the crisis unfolds."

In an efficient market, the boutique investment group said, the two lines should reflect information about the expectation of what's next for the crisis.

"If news were to arrive suggesting that reopening were to occur sooner than previously thought, then all three indexes would be likely to rise, but the anti-quarantine index should rise more than the S&P 500 and the quarantine index should rise less," Cornell Capital said. "The reverse would occur if the news implied an unexpected extension of the lockdown."

The fact that the Quarantine Index continues to push higher, while there are scant signs of hope from the Anti-Quarantine stocks, signals that investors are preparing for the coronavirus -- and the impact it's having on the U.S. economy -- to stick around for the foreseeable future.

What's an investor to do? "Given such uncertainty," Cornell Capital told clients, "the best bet might be to stay on the sidelines for the time being and see how the two CCG Indexes behave in the next few weeks as steps are taken to reopen the economy."

There wasn't much uncertainty in the stock market on Monday, with the Dow Jones Industrial Average up almost 1,000 points.

-Shawn Langlois; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 18, 2020 15:57 ET (19:57 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.