Why ExxonMobil Rose More Than 7% in September
Shares of oil industry behemoth ExxonMobil (NYSE: XOM) were up 7.4% for the month of September, helped along by rising crude oil prices and broad gains across the oil sector.
However, it wasn't all sunshine and roses for the company. Although it handily beat the S&P 500 for the month, Exxon's stock lagged the overall oil and gas market as measured by the SPDR S&P Oil & Gas Exploration & Production ETF.
ExxonMobil has managed to outperform its industry, thanks in part to its retail gas sales. Image source: Getty Images.
Source: Fool.com
Exxon Mobil Corp. Stock
€108.08
0.130%
With 40 Buy predictions and 1 Sell predictions Exxon Mobil Corp. is one of the favorites of our community.
As a result the target price of 126 € shows a slightly positive potential of 16.58% compared to the current price of 108.08 € for Exxon Mobil Corp..
