Top-rated analyst Stephen Richardson from Evercore expects ExxonMobil (NYSE: XOM) to benefit from the raised oil and gas prices in the second quarter and is bullish about the stock with a Buy rating. XOM shares have soared 44.1% this year as commodity prices, specifically oil, have remained strong. The oil and gas behemoth is expected to announce its Q2 results on July 29. ExxonMobil is involved in the exploration and production of crude oil and natural gas. The company also manufactures, trades, transports, and sells crude oil, natural gas, petrochemicals, and petroleum products. ExxonMobil’s Q2 Outlook Wall Street analysts have projected ExxonMobil’s earnings to come in at $3.
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Exxon Mobil (NYSE:XOM)
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