Exxon Mobil Is Looking Attractive Again, Yielding 3.48%
XOMExxonMobil(XOM) Seeking Alpha·2024-06-18 21:00

PM Images Exxon Mobil Corporation (NYSE:XOM), which is the largest component of The Energy Select Sector SPDR Fund ETF (XLE), making up 26.18% of the fund, is looking attractive again after retracing below the $110 level. Shares of XOM have been in a downtrend since April, as they have declined by -11.83%. Shares of XOM are now yielding 3.48%, and there is no confirmation that the sell-off has concluded as a bottom, which hasn't been established yet. The last time shares of XOM got caught in a downward tren ...