As most members know, Exxon Mobil Stock is my favorite energy trade. Exxon Mobil dwarfs almost every other energy stock. Only Royal Dutch Shell comes close with its revenue of $421 billion surpassing Exxon Mobil’s $394 billion. But Exxon’s market cap is $364 billion versus $199 billion for Royal Dutch Shell and $206 billion for Chevron Corporation.
In Earnings it is sitting with $7.59 per share versus Royal Dutch Shell at $4.71 per share. Only Chevron is higher at $10.13 per share but Chvron revenue is much lower at $199.9 billion.
It is easy to understand then, why I continue to trade in Exxon Mobil Stock and consider it among the very best of companies in my portfolio.
Exxon Mobil Stock – 52 Week Low
The weakness both in the price of oil and in energy stocks in general, has affected all energy stocks despite their size. Some like Exxon Mobil Stock faired better than others. But even XOM Stock fell to a new 52 week low on March 13 at $82.68. This marked a drop of 14.7% from its most recent high in November around $97.00.
Since then I have done a number of trades in XOM Stock and today I am commencing another one. I believe that many investors are missing out on some great trades in Exxon Mobil Stock. The latest round of weakness has pushed up put option premiums which I have repeatedly been taking advantage of.
Weekly Wanderer Strategy
Today I wrote an article on how the Weekly Wanderer Strategy has been used in my CNR Stock trade to grow my Canadian Portfolio despite the decline in CNR Stock. It is this same strategy that I have used with Exxon Mobil Stock this year. It has been brilliant at pinpointing the call and put strikes for selling for option income.
Exxon Mobil Stock (XOM) Trade Alert and Trade Ideas
The rest of this Exxon Mobil Stock article is for FullyInformed USA Members..
FullyInformed USA Members can review the latest Exxon Mobil Stock trade alert directly through this link or they can sign in to the full USA members site here. Non-members can join here or read about the benefits of being a member.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
Exxon Stock (XOM) Internal Links
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