Exxon was the world's largest company in 2013. Now it's being kicked out of the Dow
For decades, ExxonMobil was an unstoppable machine. It made gobs of money, spent that cash wisely and rewarded shareholders lavishly.
As recently as 2013, Exxon (XOM) was the the most valuable company on the planet. Its market value topped out at $446 billion in mid-2014, the last time crude prices traded above $100 a barrel.
But Exxon is now a shell of its former self.