Former President Donald J. Trump recently addressed his supporters, declaring victory in the contentious 2024 election. While several major networks had yet to call the race in the wee hours of Wednesday morning, Trump won key battleground states, including pivotal Pennsylvania. With its 19 electoral votes in the bag, it appears that his second term is all but a foregone conclusion.

Assuming no shocking or extraordinary developments, Trump's strong support of the fossil-fuel industry could help boost enterprises like Exxon Mobil Corp (NYSE:XOM). Indeed, entrepreneur Mark Cuban blasted the former reality television star for being loyal to "his oil...