Exxon Mobil Corp (NYSE:XOM) shares are trading higher by roughly 5% during November after Donald Trump's win in the presidential election, as investors anticipate a more favorable regulatory and economic environment for the oil and gas sector.

Trump's administration is expected to prioritize fossil fuel production, potentially reversing recent policies on environmental restrictions and supporting domestic energy expansion, which could directly benefit Exxon's extensive U.S. operations.

Trump's stance on reducing regulations in the energy sector could make it easier and more cost-effective for Exxon to expand drilling projects, especially in U.S. shale regions...