Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight

Posted on AllSides June 9th, 2022
From The Center
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Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain elevated well into late 2022.

Shares of Exxon Mobil jumped over 1% to a new record high on Wednesday, trading at around $105 per share, as the energy sector continues to outperform the rest of the market on rising oil and gas prices.

Evercore ISI analyst Stephen Richardson upgraded Exxon to a “buy” rating on Tuesday...

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https://www.forbes.com/sites/sergeiklebnikov/2022/06/08/exxon-mobil-shares-hit-all-time-high-as-oil-and-gas-prices-keep-surging-with-no-end-in-sight/

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