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Since late October, Exxon Mobil has been able to pull off a nice rally. XOM stock has gone from a low of $31.11 to $48.75 today, up nearly 57%. But it’s important to keep in mind that the stock price is still about 40% off its 52-week high of $68.42. In fact, its shares were even delisted from the venerable
Dow Jones Industrial Average, of which it had been a member since 1928.
Yet, XOM is still a solid company. It has global scale and a diverse set of businesses, which include upstream, downstream, liquified natural gas (LNG) and chemicals.