A look at the energy sector after Exxon’s boot from the Dow

Invezz

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It wasn’t too long ago energy giant Exxon Mobil Corporation (NYSE: XOM) was the largest U.S. company. Today, it is not only a fraction of the size of tech behemoths but no longer considered worthy to be included in the prestigious Dow Jones Industrial Average index. When Exxon was a giant Exxon was valued at $415 billion in 2013, giving it the title of the most valuable U.S. listed company. Fast forward to today and the company is worth around $175 billion, or roughly one-eleventh the size of Apple Inc. (NASDAQ: AAPL). The same trend played out across the broader

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