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
DEAN MOUHTAROPOULOS/GETTY IMAGES
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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