Exxon Mobil Stock Hits New 52-Week High (XOM)

NEW YORK ( TheStreet) -- Exxon Mobil Corporation (NYSE: XOM) hit a new 52-week high Thursday as it is currently trading at $94.30, above its previous 52-week high of $93.81 with 1.3 million shares traded as of 10:05 a.m. ET. Average volume has been 13.1 million shares over the past 30 days.

Exxon Mobil has a market cap of $417.1 billion and is part of the basic materials sector and energy industry. Shares are up 8% year to date as of the close of trading on Wednesday.

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells.

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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 attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Exxon Mobil Ratings Report.

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