Oil Stocks To Watch: Exxon Mobil Fuels Buy Point With 159% EPS Growth On Tap
Wall Street has eyes on Exxon Mobil (XOM) as the oil stock looks to energize a new breakout ahead of Jan. 31 earnings. Analysts expect the energy leader to fuel 62% EPS growth for the quarter, capping a 159% gain for 2022.
XOM stock earns a spot on the IBD 50 as well as the IBD Breakout Stocks Index. Other oil stocks on the BOUT ETF, which tracks the index, include Diamondback Energy (FANG), BP (BP), Oneok (OKE) and Valaris (VAL).
Exxon Mobil also joins fellow energy sector and…