Exxon Mobil is the world's largest nongovernment-owned energy company. It is also one of the world's largest publicly traded companies in terms of market capitalization. XOM operates globally along the entire hydrocarbon value chain, from energy exploration to end-user product sales and marketing. The company is the biggest refiner and marketer of refined products and has one of the largest chemicals businesses in the world. XOM is the result of the 1999 merger of Exxon and Mobil. The shares are a component of the S&P 500 index, and the company employs approximately 61,000 people.

Stocks are broadly lower at midday. At the very least, it seems some price-gain exhaustion may have set in after the solid progress last week. That said, earnings reports are flowing in and some companies are indeed pulling their forecasts and/or quantifying the impact of tariffs on their businesses.

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.5 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.