The energy sector is experiencing a sharp rebound following a significant escalation in Middle Eastern tensions after Iran launched a missile attack on Israel on October 1. While the immediate ...
Exxon Mobil stock rises to all-time high despite potential Q3 profit impact from lower oil prices and refining margins.
XOM has a strong balance sheet, hence it can withstand adverse business environments. It has a total debt-to-capitalization of 13.5%. Compared to the 22.6% debt-to-capitalization of composite stocks ...