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Dow Jones Industrial Average



) is trading down 61.0 points (-0.5%) at 12,358 as of Thursday, May 31, 2012, 11:35 a.m. ET. During this time, 227.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 728.7 million. The NYSE advances/declines ratio sits at 802 issues advancing vs. 2,072 declining with 135 unchanged.

Holding back the Dow today is

Exxon Mobil Corporation



), which is lagging the broader Dow index with a 71-cent decline (-0.9%) bringing the stock to $79.08. This single loss is lowering the Dow Jones Industrial Average by 5.37 points or roughly accounting for 8.8% of the Dow's overall loss. Volume for Exxon Mobil Corporation currently sits at seven million shares traded vs. an average daily trading volume of 15.1 million shares.

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TheStreet Recommends

Exxon Mobil Corporation has a market cap of $383.12 billion and is part of the

basic materials

sector and


industry. Shares are down 3.3% year to date as of Wednesday's close. The stock's dividend yield sits at 2.8%.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company has a P/E ratio of 9.9, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Exxon Mobil Corporation as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.