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Exxon Mobil Corporation (XOM) [hlAlert]

Rating:
Outperform
XOM
down 16.62 %

Exxon Mobil Corporation (XOM) rated Outperform by Wells Fargo

Posted on: Friday,  Jun 21, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Exxon Mobil Corporation (NYSE: XOM) on 06/21/2013, when the stock price was $89.77. Since
then, Exxon Mobil Corporation has lost 16.62% as of 01/26/2016's recent price of $74.85.
If you would have followed this Wells Fargo's recommendation on XOM, you would have lost 16.62% of your investment in 949 days.

Exxon Mobil Corporation (Exxon Mobil) through its divisions and affiliates is engaged in exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. ExxonMobil is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It also has interests in electric power generation facilities. Affiliates of ExxonMobil conduct research programs in support of these businesses. Exxon Mobil Corporation has several divisions and affiliates, many with names that include Exxon Mobil, Exxon, Esso or Mobil. The Company operates in three segments: Upstream, Downstream and Chemicals. In November 2008, Sunoco Logistics Partners L.P. completed the acquisition of the MagTex refined products pipeline system located in Texas, from affiliates of Exxon Mobil Corporation.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2013 8:25 AM Buy
None
89.77
as of 12/13/2013
1 Week down  -0.35 %
1 Month up  2.93 %
3 Months up  7.81 %
1 YTD up  6.17 %

(*) Stock Price at the time of the recommendation.
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