Is ExxonMobil a Buy?
It's barely February, and there's no denying that 2020 has been a hard year for energy investors. Year to date, the energy sector, one of the 11 sectors in the S&P 500, has fallen 10% compared to the S&P 500's 3% gain. For long-term ExxonMobil (NYSE: XOM) shareholders, the pain has been even worse, as Exxon closed below $60 a share on Feb. 11 to mark a fresh 9-year low.
It is in tough times like these that ExxonMobil shareholders, and those interested in the company, need to determine if the Exxon remains a sound investment.
Source Fool.com
