Why ExxonMobil Stock Dropped 14.1% in September

Shares of oil and gas giant ExxonMobil (NYSE: XOM) plunged 14.1% in September, according to data from S&P Global Market Intelligence.

That far outpaced the losses of the S&P 500, which was only down 3.9% for the month. However, it was slightly better than the oil and gas industry as a whole, as measured by the SPDR S&P Oil and Gas Exploration and Production ETF, which was down 18.3% for the month.

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Source Fool.com