Is ExxonMobil Stock a Buy?
ExxonMobil (NYSE: XOM) has a gargantuan market cap of over $500 billion. It is a massive company by any measure, and also among the largest in the energy sector. The dividend yield, meanwhile, is a solid 3.3%, which is well above the S&P 500 Index's 1.2% and a hair higher than the 3.2% on offer from the average energy stock, using Energy Select Sector SPDR ETF (NYSEMKT: XLE) as an industry proxy.
There are some good reasons to consider buying Exxon right now. And some reasons to hold off.
A simplistic view of Exxon is that it is an oil and natural gas company. That statement isn't wrong, it just doesn't cover the full spectrum of what Exxon does because it is an integrated energy company.
Source Fool.com
