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Why ExxonMobil, ConocoPhillips, and Suncor Stocks Are Surging Monday

Why ExxonMobil, ConocoPhillips, and Suncor Stocks Are Surging Monday

The price of oil is surging, and that's great news for oil stocks like ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and Suncor Energy (NYSE: SU). At 2:35 p.m. EST on Monday, shares of Exxon, Conoco, and Suncor were up 4.4%, 6.4%, and 8.6%, respectively.