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May 18, 2020

[Ans] Which of these stock symbols is a petroleum company?

Step 1 : Introduction to the question "Which of these stock symbols is a petroleum company?"



ExxonMobil is one of the largest publicly traded oil and gas companies in the world. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). At the time of the merge, Exxon was the world's largest energy company while Mobil was the second-largest oil and gas company in the United States. The stock trades on the NYSE under the ticker symbol "XOM".




Step 2 : Answer to the question "Which of these stock symbols is a petroleum company?"



XOM:


ExxonMobil is one of the largest publicly traded oil and gas companies in the world. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). At the time of the merge, Exxon was the world's largest energy company while Mobil was the second-largest oil and gas company in the United States. The stock trades on the NYSE under the ticker symbol "XOM".


Step 3 : Disclaimer & Terms of Use regarding the question "Which of these stock symbols is a petroleum company?"


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