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

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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