Twice over the past two weeks, ExxonMobil XOM has made headlines for all the wrong reasons, a Forbes Report reads. Last week the utility NextEra Energy NEE surpassed the market capitalization of ExxonMobil to, according to the report, replace it as the largest U.S. energy company. This week, there was another milestone. At some points over the past decade, ExxonMobil — the biggest of “Big Oil” in the U.S. — was worth as much as $225 billion more than Chevron CVX. That size advantage totally disappeared on October 8, 2020, when Chevron’s value closed the…
Read MoreExxonMobil loses $225bn In Market Cap Against Chevron – Report
