Why ExxonMobil Stock Surged More Than 21% in February

Why ExxonMobil Stock Surged More Than 21% in February

Shares of ExxonMobil (NYSE: XOM) were in rally mode in February, jumping 21.3%, according to data provided by S&P Global Market Intelligence. Several factors fueled the oil stock, including the continued rebound of crude oil prices. Oil prices surged last month.