EnergyWatch

Too big to grow, Exxon star dims amid struggles to boost oil

ExxonMobil's stock is challenged as the shares are being traded this year at a discount to other companies in the S&P 500 Index for the first time since 1997, according to data compiled by Bloomberg.

Photo: /ritzau/AP/Matt Brown/Arkiv

Big Oil's gold standard is losing some of its luster.

Exxon Mobil Corp. basked in a premium stock valuation for two decades thanks to unparalleled financial discipline, management expertise and the ability to weather oil-price downturns that hobbled lesser rivals. Those days are over.

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