Stock Wars: ExxonMobil Vs. NextEra, A Battle Of Old Vs. New In Energy

The days of Exxon Mobil Corporation (NYSE: XOM) being the most valuable energy company in the U.S. are over, with the newer NextEra Energy Inc (NYSE: NEE) passing the oil giant’s market capitalization.ExxonMobil was also recently passed by rival Chevron (NYSE: CVX) as America’s most valuable oil company.This marked the first time ExxonMobil has lost that title dating back to its days as Standard Oil Co. a century ago.About ExxonMobil: ExxonMobil is one of the largest oil companies in the world and owner of brands like Exxon, Mobil, Esso and XTO.At the end of 2019, Exxon Mobil had 8,728 million …read more

Source:: Yahoo Finance

      

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