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My Top Oil Stock to Buy Right Now

TheMotleyFool

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Oil is enjoying its best year since prices topped out at more than $100 per barrel a decade ago. Oil and gas behemoth ExxonMobil (NYSE: XOM) has rallied with it, hitting pre-COVID share prices.

Investors could be wondering if it's too late to buy the stock after it's already hit its highest price in over a year. But fear not: Here are three reasons ExxonMobil is my favorite oil stock right now.

ExxonMobil's an integrated oil stock, which means it participates in multiple aspects of the oil and gas industry, including the exploration and extraction of fossil fuels (upstream) and the refining and distribution of fossil fuel products (downstream).

Source Fool.com

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