Exxon EXXON EXCELS
Where there are cars, there's oil, and the biggest oil companies are back in the money. Hot off a blockbuster earnings report from Chevron last week, fellow U.S. oil major Exxon Mobil reported its most profitable year since 2014. Shares popped 6 percent on the news, tacking on more gains to its 80 percent surge over the last 12 months. As oil prices crossed $90 per barrel for the first time since 2014 this week, Exxon Mobil and other oil companies are banking on a multiyear upswing for the fossil fuel industry.