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Time to Sell Exxon Mobil (XOM)

By Dividend.com Staff
July 31st, 2008

time-to-sell-exxon-mobil-xom

Exxon Mobil (XOM) just reported its earnings, and for a 2nd quarter in a row has missed analyst estimates. Management is blaming rising costs and lower margins in its refining and chemical units.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.