Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
XOMExxonMobil(XOM) investors.com·2024-05-25 01:07

Exxon Mobil (XOM) has been volatile since a failed breakout and the oil giant reported its latest earnings results on April 26. Can XOM stock reclaim the throne of the energy industry? Or has the stock peaked? X The stock is back below its 50-day moving average. Shares also fell beneath the bottom of a base. Exxon completed its acquisition of Pioneer Natural Resources on May 3. The purchase is expected to more than double Exxon's Permian production volume to 1.3 million barrels of oil equivalent per day. En ...