Dow Today: Exxon Mobil Corporation (XOM) Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading up 116 points (+0.7%) at 16,143 as of Friday, Feb 14, 2014, 1:35 p.m. ET. During this time, 206.9 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 378.3 million. The NYSE advances/declines ratio sits at 1,929 issues advancing vs. 1,046 declining with 153 unchanged.
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The Dow component leading the way higher looks to be Exxon Mobil Corporation (NYSE: XOM), which is sporting a $2.28 gain (+2.5%) bringing the stock to $93.71. This single gain is lifting the Dow Jones Industrial Average by 17.26 points or roughly accounting for 14.9% of the Dow's overall gain. Volume for Exxon Mobil Corporation currently sits at 10.3 million shares traded vs. an average daily trading volume of 12.5 million shares.

Exxon Mobil Corporation has a market cap of $397.88 billion and is part of the basic materials sector and energy industry. Shares are down 9.7% year to date as of Thursday'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. 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.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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