5 Most Profitable Energy Stocks

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1. Exxon Mobil Corporation (NYSE:XOM)

Latest TTM Net Income: $41 billion

Exxon Mobil Corporation (NYSE:XOM) is an American oil and gas exploration and production company. Like Chevron, December 2023 is proving to be an interesting month for the firm as it has decided to stay in Guayana despite the political turmoil in Venezuela.

As of Q3 2023 end, 79 out of the 910 funds part of Insider Monkey’s database had held a stake in the company. Exxon Mobil Corporation (NYSE:XOM)’s largest hedge fund shareholder is Jean-Marie Eveillard’s First Eagle Investment Management as it owns $1.5 billion worth of shares.

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Disclosure: None. You can also take a look at 15 Undervalued S&P 500 Stocks Billionaires Are Loading Up On and 20 Countries With Highest Rate Of Breast Cancer In The World.

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