Exxon Mobil Corporation Tops Fortune 500 List

Exxon Mobil Corporation (NYSE:XOM) has hit the top of the Fortune 500 list.

Exxon Mobil Corporation Tops Fortune 500 List

Exxon Mobil Corporation (NYSE:XOM) announced that it has bagged first place among the Fortune 500 top revenue-generating United States companies.

The company was able to improve its position due to rising oil prices.

Exxon Mobil earned US$41 billion (S$51.1 billion) last year on revenue of US$486 billion.

Wal-Mart Stores claimed the second spot.

The grocer’s earnings fell 4 per cent in its latest fiscal year to US$15.7 billion on revenue of US$446.95 billion as higher expenses squeezed profits.

Exxon Mobil Corp. (NYSE:XOM) shares were at 84.02 at the end of the last day’s trading. There’s been a -2.7% change in the stock price over the past 3 months.

Exxon Mobil Corp. (NYSE:XOM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 19 in the industry