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ExxonMobil Booted From Dow Jones Industrial Average

TheMotleyFool

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ExxonMobil Booted From Dow Jones Industrial AveragePhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png

On Monday evening, oil giant ExxonMobil (NYSE: XOM) was officially removed from the Dow Jones Industrial Average. The company had been a member of the index since 1928, when it was still known as the Standard Oil Company of New Jersey.

The change leaves ExxonMobil's fellow oil major Chevron (NYSE: CVX) as the only oil and gas company in the Dow.

Image source: Getty Images.

Source Fool.com

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