Why ExxonMobil Rose More Than 7% in September

Shares of oil industry behemoth ExxonMobil (NYSE: XOM) were up 7.4% for the month of September, helped along by rising crude oil prices and broad gains across the oil sector.

However, it wasn't all sunshine and roses for the company. Although it handily beat the S&P 500 for the month, Exxon's stock lagged the overall oil and gas market as measured by the SPDR S&P Oil & Gas Exploration & Production ETF.

ExxonMobil has managed to outperform its industry, thanks in part to its retail gas sales. Image source: Getty Images.

Source: Fool.com