Top 5 Oil Stocks To Buy Right Now

2. Exxon Mobil Corporation (XOM)

Number of Hedge Funds: 52

Total Value of Hedge Fund Holdings: $1.38 billion

Fourth Quarter Return: 30.7%

Notable Hedge Fund Holders: Renaissance Technologies

First Eagle Investment Management shared its views on XOM in its Q3 investor letter:

“The stock of Exxon Mobil continued to struggle in the third quarter, and it lost roughly half its market cap year to date. Despite this, we believed Exxon Mobil was well-equipped to contend with lower prices and remained a compelling investment. The company demonstrated high levels of operational flexibility during the difficult market environment and maintained an upward drift in earnings power. Its high-quality, long-duration assets occupy attractive positions on the cost curve.”

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

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