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Why ExxonMobil, ConocoPhillips, and EOG Resources Stocks All Popped Today

Why ExxonMobil, ConocoPhillips, and EOG Resources Stocks All Popped Today

Shares of all the major oil companies are soaring in early afternoon trading Thursday -- and it's not hard to see why. As of 12:20 p.m. EST, ExxonMobil's (NYSE: XOM) stock is up 4.6% and ConocoPhillips (NYSE: COP) is higher by 5.5%. Smaller -- but still large-cap -- EOG Resources (NYSE: EOG) is doing best of all, with a 9.5% gain.