How Do XOM Shares Do It?

Is ExxonMobil (XOM) being saved, for the moment, by the money coming into the S&P 500? Is that why this company -- which paid an arm and a leg to XTO (XTO) to beef up its nat-gas business at the absolute high -- is just a few points off its high despite Chevron's announcement? Is that why this huge market cap company is outperforming? It sure isn't because of its meager yield. It's not because of its extensive refining operation which I can't believe is doing much better than Chevron's (CVX).

Exxon's always been a company that seems to be blessed. It's as if they can do no wrong. They paid $41 billion for XTO, which is probably worth less than half of that just two years ago. They committed to natural gas but have stated publicly and emphatically they don't think it will be an important surface vehicle fuel, even though powerplant demand is NEVER going to take up the slack of a commodity trading at $2.71....129 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.