{"id":544332,"date":"2022-12-21T12:07:36","date_gmt":"2022-12-21T06:37:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=544332"},"modified":"2022-12-21T12:07:36","modified_gmt":"2022-12-21T06:37:36","slug":"big-oil-stages-a-grand-comeback-as-exxons-valuation-passes-tesla","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/big-oil-stages-a-grand-comeback-as-exxons-valuation-passes-tesla\/","title":{"rendered":"Big oil stages a grand comeback as Exxon&#8217;s valuation passes Tesla"},"content":{"rendered":"<p>The largest US oil company, Exxon Mobil Corp., has surpassed electric-vehicle giant Tesla Inc. in market value for the first time since 2020 as investors sell high-growth stocks and buy up value stocks in the energy sector.<br \/>\nExxon shares have soared 75% year-to-date, putting the energy giant on pace for its best ever annual performance, while Tesla\u2019s stock has plummeted roughly 60% over the same period, for its worst annual slump ever.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The largest US oil company, Exxon Mobil Corp., has surpassed electric-vehicle giant Tesla Inc. in market value for the first time since 2020 as investors sell high-growth stocks and buy up value stocks in the energy sector. Exxon shares have soared 75% year-to-date, putting the energy giant on pace for its best ever annual performance, while Tesla\u2019s stock has plummeted roughly 60% over the same period, for its worst annual slump ever.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-544332","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/544332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=544332"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/544332\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=544332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=544332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=544332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}