Monday, April 29, 2013

Energy Stocks - Exxon Mobil Corporation


Exxon Mobil Corporation (XOM) at the moment is doing fairly well. They are currently at a .53% which is $ 47 increase. Their Open price is $88.26 and current price is $88.47. In the past year, they have been having ups and downs but it's really steady. The weather is getting hotter so the price of the gas will go up. Exxon has begun to work on Albert oil sands project. This will enable long-term production to meet future energy demand. This will increase the stock. My projection of the stock is that it will continue go up for a while because it is coming from a drop from a week ago. Exxon mobile is in our interest because it is a blue chip stock.

Harry Khachatryan


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