Why ExxonMobil Stock Rallied Today
Shares of ExxonMobil (NYSE: XOM) rose 2.2% on Tuesday after the oil and gas titan capped off a blockbuster performance in 2022. Conflict in Ukraine, and the sanctions many governments placed on Russia to help bring about the war's end, have disrupted energy markets. ExxonMobil has worked to meet the world's critical need for dependable energy sources.