Top 5 Gainers on Friday

3. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 72

Shares of Exxon Mobil Corporation (NYSE:XOM) climbed to a new 52-week high this morning after posting record profit and sales for the third quarter. The oil giant earned $4.45 per share on an adjusted basis, significantly higher than $1.58 per share in the year-ago period.

In addition, Exxon Mobil Corporation (NYSE:XOM) posted revenue of $112 billion, representing a surge of more than 50 percent over the comparable period of 2021. The results crushed the expectations of $3.79 per share for earnings and $115.60 billion for revenue.

Energy companies, including Exxon Mobil Corporation (NYSE:XOM), have capitalized on soaring energy prices following the Russia-Ukraine war. Exxon stock has already skyrocketed more than 70 percent on a year-to-date basis.