Dow Today: Exxon Mobil Corporation (XOM) Higher

The Dow component leading the way higher looks to be Exxon Mobil Corporation (NYSE:XOM), which is sporting a 26-cent gain (+0.3%) bringing the stock to $95.91.

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The Dow Jones Industrial Average ( ^DJI) is trading up three points at 16,023 as of Monday, Dec 9, 2013, 10:40 a.m. ET. During this time, 76 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 374.3 million. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,507 declining with 203 unchanged.

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The Dow component leading the way higher looks to be Exxon Mobil Corporation (NYSE: XOM), which is sporting a 26-cent gain (+0.3%) bringing the stock to $95.91. This single gain is lifting the Dow Jones Industrial Average by 1.97 points or roughly accounting for 65.7% of the Dow's overall gain. Volume for Exxon Mobil Corporation currently sits at 4.1 million shares traded vs. an average daily trading volume of 12.3 million shares.

Exxon Mobil Corporation has a market cap of $411.21 billion and is part of the basic materials sector and energy industry. Shares are up 8.8% year to date as of Friday's close. The stock's dividend yield sits at 2.7%.

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. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Exxon Mobil Corporation 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.