XOM has been in the news 500% more than usual
Jan 07, 2026, 1:31 PM
12.82%
What does XOM do
Exxon Mobil, headquartered in Spring, Texas, employs 62,000 and engages in oil and gas exploration, production, and distribution while pursuing lower-emission business opportunities. Its segments include upstream exploration and manufacturing of energy, chemical, and specialty products.
XOM has been in the news recently: In 2026, the oil sector experienced a significant surge following the U.S. military's capture of Venezuelan President Nicolás Maduro, which prompted investor Michael Burry to propose revitalization strategies for Venezuela's petroleum sector. Despite geopolitical tensions, leading cryptocurrencies and stocks, including notable gains in tech companies, continued to rise, reflecting a broader market resilience.
📡️ Energy
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