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What's Going On With Exxon Mobil (XOM) Stock?

Benzinga ·  11:37

Exxon Mobil Corp(NYSE:XOM) shares have remained flat over the past week sinceDonald Trump'spresidential election win, reflecting investor caution about how his energy policies may impact the oil and gas giant.

Although Trump's pro-fossil fuel stance and potential regulatory rollbacks favor Exxon's business model, broader uncertainties around global oil demand and geopolitical risks are tempering market enthusiasm.

What To Know: One of the most immediate potential benefits for Exxon under a Trump administration would be the loosening of environmental regulations. Trump's previous term saw a significant easing of restrictions on drilling, fracking...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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