Strong Fundamentals Driving Exxon Mobil Stock Amid Geopolitical Uncertainty

AUSTIN, TEXAS - AUGUST 05: An Exxon gas station is seen on August 05, 2024 in Austin, Texas. ... [+] (Photo by Brandon Bell/Getty Images)Getty ImagesAfter a 24% rise since the beginning of 2024, at the current price of around $121 per share, we believe Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas - and North America’s largest energy company by market cap - could see gains in the longer term with limited growth potential in the near term. XOM sto ...