ExxonMobil Booted From Dow Jones Industrial Average
On Monday evening, oil giant ExxonMobil (NYSE: XOM) was officially removed from the Dow Jones Industrial Average. The company had been a member of the index since 1928, when it was still known as the Standard Oil Company of New Jersey.
The change leaves ExxonMobil's fellow oil major Chevron (NYSE: CVX) as the only oil and gas company in the Dow.
Image source: Getty Images.
Source Fool.com
