Exxon Mobil Corporation Stock Price and Chart

Exxon Mobil Corporation is one of the world leaders in the oil and gas sector. It has been around for over 125 years. During its existence, the company has evolved from a small American company operating in the regional market into the world’s most considerable concern. Exxon Mobil Corporation shares are blue chips. This is an exciting and profitable asset.

Main characteristics

The history of Exxon Mobil Corporation dates back to 1859. It was then that Colonel Evin Drake discovered a promising oil field in Pennsylvania. This event marked the beginning of the “oil boom” in the US market. After 11 years, John Rockefeller decided to open his own oil company, which was called Standart Oil. It was supposed to symbolize the impeccable quality of the products.

The company developed, carried out the development and production of innovative lubricants and oils for its time. Over time, she took a leading position in the American market. At the same time, the main activity of the corporation was the export of kerosene. The sale of gasoline was not a priority until 1911. From that moment, this fuel began to overgrow in popularity around the world.

In 1915, Mobile products received excellent advertising thanks to the victory of Ralph De Palma in the Indianapolis 500 car racing. Then the famous driver managed to reach speeds of record 89.84 km / h. In doing so, he used Mobile oil.

The company’s products were used not only for automobiles but also for aviation. Also, the concern acted as a leading research center. It was in its walls that artificial rubber and hosts of other innovations were invented, which are still actively used in the production of automotive rubber, as well as fuels and lubricants.

The name Mobile first appeared in 1966. At that time, the company existed for more than a hundred years. After rebranding, a powerful campaign began to promote the popularization of the new brand. In 1974, Mobile 1 engine oil was produced, which is still considered the benchmark for quality.

In 1999, the combined Exxon Mobil Corporation was founded. Two leading companies have decided to merge into one. Such a step significantly increased the competitiveness of the corporation. In 2001, the company developed a unique SCANfining technique. It was based on the use of special catalysts that remove more than 95% sulfur out of gasoline. In this case, the octane number of the finished product is not reduced.

In 2005, the corporation began developing the Qatari field, which is the largest in the world. The company employs over 90 thousand employees worldwide. The annual profit of the corporation has long exceeded the mark of USD 36 billion.

Trading recommendations

To successfully use Exxon Mobil Corporation shares in trading, you need to apply technical and fundamental analysis techniques. The situation dramatically influences the quotations of equity securities of this company in the oil market. When raw materials go up, stocks rise in value. In a period of decline in oil prices, the amount of equity securities falls.

Exxon Mobil Corporation has been demonstrating annual earnings growth per share for several decades. The securities of this company are a tidbit for most investors and traders working on the American stock exchange.

We recommend that you follow the rules of money management. Never use in one transaction the amount that you are not ready to lose. The maximum risk should not exceed 5-10% of your deposit.


Stock quotes - current exchange rate and chart

Citigroup Stock Citigroup - course and charts672.03
Manchester United Stock Manchester United - course and charts1016.91
Exxon Mobil Stock Exxon Mobil - course and charts655.87
NIKE Stock NIKE - course and charts6172.25
Santander group Stock Santander group - course and charts83.74
COCA-COLA Stock COCA-COLA - course and charts657.4
JPmorgan Chase and CO Stock JPmorgan Chase and CO - course and charts6158.86
MICROSOFT Stock MICROSOFT - course and charts6294.58
Chevron Stock Chevron - course and charts6100.84
Banque Saudi Fransi Stock Banque Saudi Fransi - course and charts2540.73
Facebook Stock Facebook - course and charts6366.51
Arab National Bank Stock Arab National Bank - course and charts1522.89
BOEING Stock BOEING - course and charts10228.97
Saudi British Bank Stock Saudi British Bank - course and charts1033.53
General Electric Stock General Electric - course and charts6103.27
FERRARI Stock FERRARI - course and charts10225.65
Riyad Bank Stock Riyad Bank - course and charts827.28
AMAZON Stock AMAZON - course and charts243297.94
Goldman Sachs Group Stock Goldman Sachs Group - course and charts6408.01
Deutsche Bank Stock Deutsche Bank - course and charts812.65
Saudi Electricity Stock Saudi Electricity - course and charts627.33
Saudi Investment Bank Stock Saudi Investment Bank - course and charts817.03
Tesla Motors Stock Tesla Motors - course and charts14686.01
Intel Stock Intel - course and charts1053.39
WalMart Stock WalMart - course and charts6150.63
Something went wrong