$74.99
-0.80 (-1.06%)
ExxonMobil Corp (XOM)
CAPS Rating:
The Company's principal business is energy, involving the worldwide exploration, production, transportation and sale of crude oil and natural gas and the manufacture, transportation and sale of petroleum products.

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Oil has declined by 2/3rds. Stock has declined 20%. Exxon's earnings will be similar to that of 2004. Stock price will respond and head down. Exxon is a great company & will not go bankrupt, etc. It is just expensive, given the macro environment, price of oil and near-term earnings.