I'm gonna have to agree with you, DaveinHackensack... There was no point to this. We don't track the health of XOM based on the S&P. As a previous user noted, XOM has services in both the refining and drilling aspects of the business. That's why sometimes the stock price doesn't make sense to those not doing their homework. (most think that if oil prices go up, then naturally XOM must go up, or vice-versa, and that's not always the case). There are too many factors affecting XOM's price and it's a shame we didn't get to learn a bit more about what they currently are from this article.
Having said that.. as someone who has held onto every single share of XOM for the last 4 years... I'm not getting out anytime soon! :)
Exxon vs. the S&P 500 [View article]
Having said that.. as someone who has held onto every single share of XOM for the last 4 years... I'm not getting out anytime soon! :)