Exxon Mobil XOM – 5 Reasons to Sell This Stock

by Jim Woods | May 4, 2010 8:27 am

Exxon Mobil (XOM[1]) is the world’s largest oil company that is not state run.  Over the past decade, XOM stock has seen share price appreciation and consistent dividend payouts that has made it an attractive holding for investors seeking a crude oil stock with solid returns. But recently, there have been some leaks in this energy stock’s platform.  In fact, if you own Exxon Mobil stock, it may be time to consider rotating out of your position despite creeping crude oil prices. 

Here are five reasons why.

On the plus side of the equation for Exxon Mobil is the company’s recent dividend increase of 2 cents per share.  And while a dividend bump is always welcome, it’s certainly not reason enough to hold XOM stock in the face of the five reasons to sell outlined here.

As of this writing, Jim Woods did not own a position in Exxon Mobil.

Tell us what you think here.[6]

Endnotes:

  1. XOM: http://studio-5.financialcontent.com/investplace/quote?Symbol=XOM
  2. XOM earnings : https://investorplace.com/experts/paul_ausick/articles/earnings-occidental-petroleum-oxy-exxon-mobil-xom-conoco-phillips-cop-crude-oil-prices.html
  3. COP: http://studio-5.financialcontent.com/investplace/quote?Symbol=COP
  4. OXY: http://studio-5.financialcontent.com/investplace/quote?Symbol=OXY
  5. Exxon earnings: https://investorplace.com/experts/paul_ausick/articles/earnings-occidental-petroleum-oxy-exxon-mobil-xom-conoco-phillips-cop-crude-oil-prices.html
  6. Tell us what you think here.: mailto:editor@investorplace.com

Source URL: https://investorplace.com/2010/05/exxon-mobil-xom-stock-to-sell-oxy-occidental-petroleum-conoco-phillips-cop/