Better Oil Stock: ExxonMobil vs. Diamondback Energy
The stock market is off to a rough start this year. Most major indexes have lost ground, with the S&P 500 and Nasdaq Composite both down more than 5% this year. However, one sector has bucked the trend: energy. The SPDR S&P Oil & Gas Exploration & Production ETF is up more than 36% year to date, as oil and gas prices have skyrocketed.
Two of the exchange-traded fund's largest holdings are ExxonMobil (NYSE: XOM) and Diamondback Energy (NASDAQ: FANG). The former is an established integrated supermajor with a history dating back to 1870. The other is an upstart with fewer than 1,000 employees. But which is the better buy? Here's a closer look at each.
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Source Fool.com