Up 11% in 1 Month, Is ExxonMobil About to Hit a New All-Time High?

ExxonMobil could hit a half-trillion-dollar market cap in 2024.ExxonMobil (XOM 1.96%) and the broader energy sector have been on a tear the last month, crushing the S&P 500's 3.6% gain. A big part of the run-up is due to rising crude oil prices.Prices per Brent crude oil barrel (the international benchmark) rose around 11% in the first three months of the year -- a big move for what was already a decently high oil price.Here's why ExxonMobil is well positioned to capitalize on higher oil prices and why the ...