Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Exxon Mobil Corporation (NYSE: XOM) hit a new 52-week high Friday as it is currently trading at $92.59, above its previous 52-week high of $92.57 with 287,720 shares traded as of 9:35 a.m. ET. Average volume has been 12.9 million shares over the past 30 days. Exxon Mobil has a market cap of $423.28 billion and is part of the basic materials sector and energy industry. Shares are up 8.2% year to date as of the close of trading on Thursday. 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 9.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Exxon Mobil as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, attractive valuation levels, 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 shows weak operating cash flow. You can view the full Exxon Mobil Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.