Texas-based Exxon Mobil Corporation (XOM) is a global oil and gas giant involved in exploration, production, refining, and chemicals. With a market cap of $480.3 billion, the company operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments.
Shares of the oil and gas corporation have underperformed the broader market over the past 52 weeks. XOM has slumped 2.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.6%. Moreover, shares of XOM are up 4.9% on a YTD basis, lagging behind $SPX’s 8.3% rise.
