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Exxon Mobil [2008-11-30] |
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Exxon is a true behemoth in the Oil sector. It operates petroleum and petrochemicals businesses on a worldwide basis. The Company's operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, This is a blue chip stock that should be in most US based investor's portfolios. The stock has been on a dip recently due to the downward spiral of the oil price and the fear that the oil refiners will not be able to keep up their out - performance of the last few years. Exxon Mobil Corporation is now trading at a P/E of 8.88%. It has a dividend yield of 1.93% and its stock price has dipped to around $80. As a long term hold, this is a stock worth owning at this price. Buy Exxon Mobil Corporations ( OXM:NYSE) up to $85 |
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