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Exxon Shares Slip as Brent Jumps Above $105

Exxon Mobil logoExxon Mobil
Sig1.35Sen-1.60Env0.00Soc0.00Gov0.00

Brent crude surged 4% to $105.26, giving Exxon Mobil a brief boost as the stock rose about 2.1% to $167.67 before falling back to $164.01. The rally fade suggests investors see the oil spike as both an earnings tailwind and an economic warning. The quarter brought $14.5B in earnings and $17.2B free cash flow, while valuation appears optimistic versus GF Value.

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