Best Gas Stocks To Own Right Now

Best Gas Stocks To Own Right Now: Exxon Mobil Corporation(XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. As of December 31, 2010, it operated 35,691 gross and 30,494 net operated wells. The company has operations in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation was founded in 1870 and is based in Irving, Texas.

Advisors' Opinion:

• [By Dan Caplinger]

  ExxonMobil (NYSE: XOM  ) rose 0.6% despite the dual threat of economic sanctions against Russia and a decline in crude-oil prices to $98.25 per barrel this morning. Given the result of the Crimea vote, the likelihood of sanctions that could adversely affect the oil giant's partnership with Russia's Rosneft is higher than it was last week. Yet investors still hope that Exxon's massive investment in the nation will bear fruit in the long run, even if sanctions force delays. Equally important to Exxon's success is making sure that geopolitical issues don't disrupt the global economy enough to cause substantial drops in energy use, which could send oil prices plunging and produce real long-term problems for the company.

• [By Aaron Levitt]

  Currently, PBR stock trades for a forward P/E of less than 5. That makes it one of the cheapest large energy stocks on the market. Even venerable energy stocks like Exxon (XOM) still trade at double-digit forward P/E ratios. And while XOM has been adding more oil to its arsenal, it features a similar production and reserve growth profile as PBR. Yet, it almost seems li! ke investors have given up on Petrobras and PBR stock.

• [By Jon C. Ogg]

  If you find this a bit too cynical, consider this – Google’s market cap is $403 billion, just about $3 billion shy of Exxon Mobil Corp. (NYSE: XOM). It just so happens to be that Exxon Mobil is the second largest market cap in America, and the second largest S&P 500 stock.

source from Top Stocks Blog:http://www.topstocksblog.com/best-gas-stocks-to-own-right-now-2.html