ExxonMobil Is the Best Oil Stock (and These Numbers Prove It)

ExxonMobil (NYSE: XOM) is the undisputed leader in the oil patch. That was abundantly clear when taking a look at its recent third-quarter earnings report. The oil giant delivered industry-leading earnings and cash returns. Here's a closer look at the numbers showing that ExxonMobil is the top oil stock.ExxonMobil is a well-oiled machine these days. The oil giant produced an average of 3.2 million barrels per day of liquids (oil and natural gas liquids) during the third quarter. That was the company's highest-liquids output in over 40 years. Add in its gas production, and Exxon's total output averaged nearly 4.6 million barrels of oil equivalent per day (BOE/d). Exxon's production has averaged 4.2 million BOE/d this year, a whopping 14% increase from last year. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool