Exxon Mobil Corp. Stock Outperforms Market Despite Losses On The Day

Exxon Mobil Corp

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XOM Exxon Mobil Corp

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Energy : Oil, Gas & Consumable Fuels | Large Cap Blend

Company profile

Exxon Mobil Corporation is engaged in energy business. The Company’s principal business involves exploration for, and production of, crude oil and natural gas, and the manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a range of specialty products. The Company's segments include Upstream, Downstream and Chemical. The Upstream segment is organized and operates to explore for and produce crude oil and natural gas. The Downstream segment manufactures, trades and sells petroleum products. The refining and supply operations encompass a global network of manufacturing plants, transportation systems, and distribution centers that provide a range of fuels, lubricants and other products and feedstocks to its customers around the world. The Chemical segment is organized and operates to manufacture and sell petrochemicals. The Chemical business supplies olefins, polyolefins, aromatics, and a variety of other petrochemicals.

Exxon Mobil Corp. Stock Outperforms Market Despite Losses On The Day

5:33 pm ET January 13, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Exxon Mobil Corp. (XOM) slid 0.72% to $70.63 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of losses. Exxon Mobil Corp. closed $1.18 short of its 52-week high ($71.81), which the company achieved on January 12th.

The stock underperformed when compared to some of its competitors Thursday, as Chevron Corp. (CVX) fell 0.42% to $126.80. Trading volume (20.8 M) remained 77,555 below its 50-day average volume of 20.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

January 13, 2022 17:33 ET (22:33 GMT)

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Exxon Mobil Corp. Stock Outperforms Market Despite Losses On The Day