Trade XOM
Exxon Mobil Corporation
Exxon Mobil is the largest publicly traded oil and gas company in the Western world, with operations spanning upstream exploration, refining, and chemical manufacturing.
Price Chart
Specifications
About XOM
Exxon Mobil Corporation explores for, produces, and sells crude oil, natural gas, and petroleum products globally. The company operates across three segments: Upstream (exploration and production), Downstream (refining and marketing), and Chemical (petrochemicals and specialty products). Exxon's 2024 acquisition of Pioneer Natural Resources significantly expanded its Permian Basin acreage, making it the largest producer in America's most productive oil field. XOM is heavily correlated with crude oil prices, giving CFD traders a way to express energy market views through a single-stock instrument with corporate-specific catalysts layered on top.
Key Price Drivers
- Share price tightly tracks WTI/Brent crude (OPEC+ decisions, US inventories)
- Production volumes and per-barrel costs set upstream profitability
- Crack spreads (crude vs refined product prices) drive refining profits
- 40+ consecutive years of dividend increases; capex vs payout balance watched
Peak Trading Hours
Energy share CFDs trade during NYSE hours on StoicMarkets MT5. Oil major stock prices track crude oil benchmarks closely, so intraday activity tends to pick up around weekly inventory data and OPEC-related announcements.
NYSE/NASDAQ regular session (14:30-21:00 UTC)
Share CFDs follow NYSE/NASDAQ schedules and are closed on US public holidays. EIA crude inventory data, typically released Wednesdays at 14:30 UTC, often moves energy stocks mid-session. Hours shift by one hour during US daylight saving time.
How to Trade XOM on StoicMarkets
Open an Account
Register for a live or demo account in minutes.
Find XOM in MT5
Open MetaTrader 5, search for XOM in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
Key terms
Frequently Asked Questions
Do I own Exxon Mobil shares when I trade XOM on StoicMarkets?
No. XOM on StoicMarkets is a CFD (Contract for Difference). You gain exposure to Exxon Mobil's share price movements without purchasing or holding the underlying stock. You have no shareholder voting rights and do not receive actual dividend payments.
How closely does XOM follow crude oil prices?
XOM has a strong positive correlation with crude oil, but the relationship is not one-to-one. Company-specific factors like production costs, refining margins, and capital allocation decisions can cause XOM to outperform or underperform crude oil over time.
What events should XOM CFD traders monitor?
Weekly US crude oil inventory reports, OPEC+ meeting outcomes, and Exxon's quarterly earnings are the primary catalysts. Geopolitical events affecting major oil-producing regions and US energy policy changes also create trading opportunities.
Can I short XOM on StoicMarkets?
Yes. As a CFD, XOM can be sold short to profit from a decline in Exxon Mobil's share price. Shorting XOM is a way to trade a bearish view on oil prices through a single-stock position rather than directly trading crude oil futures.
Start Trading XOM
Open a live account or practice risk-free on demo.
CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.