11 Best Oil Company Stocks To Buy Now

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3. Exxon Mobil Corporation (NYSE:XOM)

– Number of Hedge Funds With Long Positions (as of March 31): 56
– Aggregate Value of Hedge Funds’ Holdings (as of March 31): $2.29 billion

ExxonMobil Corporation (NYSE:XOM) that ranks 3rd on the list of best oil company stocks to buy now is the largest integrated oil and gas corporation in the world by value, though it’s not the most popular among hedge funds. The company engages in the exploration, refining, and marketing of crude oil, natural gas and petroleum products. ExxonMobil Corporation’s business activities can be broadly classified into three main segments – Upstream (2% of 2016 earnings), Downstream (47%) and Chemicals (51%). With over a century’s experience, the company has built an annual refining capacity of 4,907 KBD and chemical complex capacity of 23.7 million metric tons in the U.S, Canada, Europe, Asia-Pacific, and the Middle East.

Exxon Mobil Corporation (NYSE:XOM), Sign, headquarters, Logo, Symbol, Building, Gas, Oil

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Follow Exxon Mobil Corp (NYSE:XOM)

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