NASDAQ Stock Market
With Gas at $4.48 a Gallon, Here's How Much ExxonMobil Stock You Need to Buy to Fill Up Your Tank
xCruzo Brief
AAA data puts the national average price for unleaded gasoline at about $4.48 per gallon, up from roughly $3.16 a year earlier. Diesel has risen even faster: on Sept. 22, AAA recorded the highest national average for diesel since it began tracking, at $6.53 per gallon. The piece then looks at ExxonMobil stock (NYSE: XOM). ExxonMobil pays a 2.54% dividend, and using a typical 14-gallon U.S. tank, refueling at $4.48 per gallon costs more than $60. It estimates investors would need about $2,400 in XOM to cover a single fill with dividends.
xCruzo quick-read summary • Source: NASDAQ Stock Market • Read the full article for complete information.




:max_bytes(150000):strip_icc()/Non-RegisteredAccount-3069f2fcc81d4d59901a6c1e00f07c85.jpg)

:max_bytes(150000):strip_icc()/GettyImages-1125625723-b928f35bfbde47c3ba3e18f31d7b69ca.jpg)