Exxon Has Its Best 7 Days in 14 Months on Tillerson News: Chart

(Bloomberg) -- Exxon Mobil Corp. shares have gained as much as 7.1 percent since Dec. 2, the day after Chief Executive Officer Rex Tillerson’s name first surfaced as President-elect Donald Trump’s nominee for secretary of state. The stock hasn’t had a seven-trading-day run that good since October 2015 and has outperformed all but two of the biggest 25 companies in the S&P Oil & Gas Exploration and Production Index. The rally suggests the market is confident that Tillerson will be confirmed and advocate policies beneficial to Exxon, despite bipartisan misgivings about his friendly relations and business dealings with Russia.

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