Exxon Mobil Slips, Sector Sells Off

Shares of Exxon Mobil (XOM) have slipped today over 2%, trading at $75.50 after the stock was downgraded this morning. Low on the day today is $75.45, and volume is closing in on 20 million. Exxon Mobil is just one of many oil sector stocks that have taken some heat. Transocean (RIG), Oceaneering (OII), Holly Corp (HOC), and Ensco International (ESV), are all down 3% or more.

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-- Posted by Blain Reinkensmeyer on December 18, 2006 at 3:36 pm --

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