Exxon Mobil Company has
been one of the most outperforming company in its industry. Xom Stock Price has been performing
well in the US stock market, as the performance of the company has been better
and better over the past several years. Exxon Mobil has made the record of the
highest profit in a year in its industry as well as among all the corporations,
which is why XOM Stock Price has
always been on its highest level than any other company’s stock in its
industry.
In past ten years, the company managed to increase its revenues 4.5%
on the yearly basis. The energy demand is increasing as the needs for the
energy is increasing with each passing day. The company’s highest gain was from
the Asian markets in past years, as the countries in this region are developing
and needs more energy resources than any other. The upstream business segment
of the company is the major reason for high profits of the company.
No comments:
Post a Comment