After 98 years the venerable Exxon Mobil Corp., the king of U.S. oil companies, was tossed out of the Dow Jones Industrial Average like a fallen billionaire out of a country club. “You’re not welcome here, anymore. You don’t meet our standards anymore. You’re not who you used to be.” The club of 30 high-flying American companies comprising the stock index oft used to reflect the health of the U.S. economy said don’t let the door hit you on the butt on the way out.

Exxon first joined the Dow in 1928 as Standard Oil Company of New Jersey, originally formed by 1880s industrialist John D. Rockefeller. More recently, in 2007, it owned the honor as the world’s largest oil company with a market cap of more than $500 billion, and in 2013 it briefly topped Apple as the largest company in the world.

Today it is the U.S.’ 33rd largest company with a market cap of $173 billion.

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