My family held XOM stock for as long as I can remember, but I sold the last of mine a while back, saw the writing on the wall
So many people never see the writing on the wall when it's right in their faces.
I can understand why you opted to sell your XOM holdings. It can be a tough industry at times and the volatility can be hard to live with, financially speaking. And this time around the industry suffered a rare, and devastating, double whammy of a price war and the Coronavirus outbreak.
But you might wish you had held on to some of it when the next flash point somewhere in the world erupts and everyone starts worrying about a supply problem again. This is an inevitability.
Just my .02 cents, which might be about the sum of my XOM dividends next quarter. LOL.