ExxonMobil Signature Polymers to Showcase Innovative Solutions that can offer recycling benefits at PLASTIMAGEN MEXICO 2025
- The company's solutions supporting advanced and mechanical recycling will be at the forefront with Exxtend™ technology and Vistamaxx™ performance polymers The company's solutions supporting advanced and mechanical recycling will be at the forefront with Exxtend™ technology and Vistamaxx™ performance polymers
- 03/10/2025
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ExxonMobil Faces $214M Cost Recovery Dispute in Guyana
- XOM and Guyana are set to discuss a $214M tax dispute after an audit flagged potential cost overstatements at the Stabroek block. The talks could impact XOM's cost recovery terms.
- 03/10/2025
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Recession Could Be Coming: 5 Strong Buy High-Yield Dividend Stocks That Will Still Outperform
- The last time the economy experienced two negative quarters of gross domestic product was the first and second quarters of 2022, with a 1.6% pullback in the first quarter and a 0.6% decline in the second.
- 03/10/2025
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Very Bad News For Energy Stocks
- Energy stocks are tumbling—find out why the sell-off may not be over yet. What's next for oil prices? These high-yield energy stocks could be massive buying opportunities right now.
- 03/10/2025
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Top 3 ‘best-in-class' stocks to buy on the recent pullback
- US stocks are going through a rough patch amidst concerns the Trump tariffs will lead to inflation and may even trigger an all-out trade war.
- 03/08/2025
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ExxonMobil Secures LNG Export Extension for Golden Pass Project
- The U.S. Department of Energy grants an extension for XOM's Golden Pass LNG, giving more time to begin exports from the $10B Texas project.
- 03/06/2025
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3 No-Brainer Energy Stocks to Buy With $500 Right Now
- The energy sector is the lifeblood of the economy, keeping the wheels of commerce turning. The past year has been quite a roller coaster for energy stocks, with volatility and performance lagging the broader market.
- 03/06/2025
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Why Oil and Gas Giants ExxonMobil, Chevron, and ConocoPhilips Were Down Today on an Up Day for the Market
- Shares of oil and gas majors ExxonMobil (XOM -1.99%), Chevron (CVX -0.80%), and ConocoPhillips (COP -1.85%) were all trailing the market today, falling 3.6%, 2.8%, and 4.2% at their lows, before recovering to declines of 3%, 1.9%, and 3%, respectively, as of 12:51 p.m. ET.
- 03/05/2025
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Should You Buy Warren Buffett’s Favorite Oil Stock at Its 52-Week Low?
- Warren Buffett is often hailed as the world’s greatest investor. In the 60 years he has been at the helm of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), Buffett has turned it into a $1 trillion powerhouse. Since 1965, when he took control, Buffett’s delivered an average annual return of about 20%, doubling the S&P 500’s 10% performance. A $1,000 investment in Berkshire back then would be worth over $40 million today, while the same in the S&P 500 would be just $320,000. Buffett’s secret? Buying great companies at fair prices and holding them for the long haul. One of his favorites is Occidental Petroleum (NYSE: OXY), the largest independent producer in the Permian Basin, one of the most critical fossil fuel production regions in the U.S. Berkshire owns a massive 28.2% stake — 265 million shares. But with OXY sitting near its 52-week low of $45.17, down from a high of $71.18, is it a steal for your portfolio, or a risky bet? 24/7 Wall St. Insights: Occidental Petroleum (OXY) has become Warren Buffett’s favorite oil stock, and he owns 28% of the company. OXY stock has been weighed down by an oil glut amid fears of a slowing global economy. OXY CEO Vicki Hollub is committed to reducing the oil giant’s heavy $25 billion debt load. If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential. Why Occidental Is Buffett’s Favorite Oil Stock Warren Buffett has been steadily accumulating more shares of Occidental Petroleum and now owns over 28% of the company Buffett started buying OXY stock in 2019, ramping up from 2022 to 2023, and spending $1.5 billion more in 2024. He bought the stock on five different occasions in just one week to close out the year. This brought his stake to just under $13 billion at today’s price. Buffett loves Occidental’s low-cost oil production in the Permian Basin, its $18.5 billion acquisition of CrownRock in 2024 (boosting output to 1.34 million barrels daily), and its focus on carbon capture tech, like the STRATOS project, set to launch later in 2025. Occidental’s CEO, Vicki Hollub, has Buffett’s trust, and she’s focused on efficiency, paying down $4.5 billion in debt after the CrownRock purchase, and boosting dividends. It hiked the payout 22% in 2024, and increased it another 9% the other day to $0.24 per share. Buffett’s bet is a long-term one as he sees Occidental as a cash cow in a world still needing oil for decades. Occidental risks a dry well A trade war between the U.S. and the rest of the world could sink oil demand and prices But Occidental is near its 52-week low for a reason. Oil prices are volatile, and West Texas Intermediate crude sits below $69 a barrel today due to oversupply fears and a slowing global economy. Occidental’s fourth-quarter earnings showed $6.8 billion in revenue, down 5% year-over-year, while earnings rose 8% to $0.80 per share, though lower oil prices still squeezed margins. Still, it was better than what Wall Street was expecting, but the stock fell anyway. President Trump’s tariffs could also spark a trade war, raising costs and cutting demand if China or Europe retaliate. The CrownRock deal added $10 billion in debt, bringing OXY’s total debt to $25 billion, and if oil prices fall further, Occidental’s cash flow could be strained. It could risk dividend cuts, however unlikely that seems now. Plus, the shift to renewables poses a long-term threat. Some analysts suggest oil demand might peak by 2035, but there has been a lot of fear-mongering around peak oil for years. Long-Term Outlook for Occidental Looking ahead, Occidental’s future is promising but not guaranteed. The CrownRock acquisition makes it a Permian powerhouse, with low breakeven costs of $40 per barrel. That means it can profit even if oil prices dip further. Its carbon capture projects could tap into a potential $100 billion market by 2030, positioning it as a green energy player. While the Energy Information Administration sees Brent crude oil prices stabilizing at $74 a barrel in 2025, supporting Occidental’s $5 billion free cash flow target, it does forecast a drop back to $66 a barrel in 2026. Its 1.9% dividend yield and $5.6 billion share repurchase program, signal shareholder value. But if oil demand dives or debt becomes unmanageable, growth could stall. Should You Add Occidental to Your Portfolio? At $48 a share today, Occidental Petroleum looks like a bargain. Its forward P/E ratio of 12 is comparable to ExxonMobil (NYSE:XOM). Buffett’s massive stake and Occidental’s Permian strength also make it tempting, especially with a potential oil price rebound. Buying at this price means you can buy OXY stock for cheaper than the $51 average price Buffett paid. But the risks of volatile oil prices, high debt, and energy transitions could drag OXY stock lower if things sour. If you’re okay with some risk and have a long-term horizon like Buffett, Occidental Petroleum could be a smart buy for your portfolio at this price, but don’t expect quick gains. The gusher will come down the road. The post Should You Buy Warren Buffett’s Favorite Oil Stock at Its 52-Week Low? appeared first on 24/7 Wall St..
- 03/04/2025
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Consumer Spending Is Slowing—But These Stocks Will Still Thrive
- For the first time in nearly two years, the rate of consumer spending in the United States has posted a contraction, signaling a potential weakness wave brewing up for the consumer cyclical names in the stock market and the broader economy. While most investors would just let a piece of data like this fly over their portfolios, the ones that make the big money will realize what's at stake here.
- 03/04/2025
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These S&P 500 Stocks Have Low P/E Ratios — Time to Buy?
- Purchasing stocks at the right time can maximize your return on investment, especially if you plan to buy and hold shares toward a short-term or medium-term financial goal. A stock's P/E ratio can give you an immediate idea of whether a stock is trading at, below or above fair value.
- 03/03/2025
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Want Decades of Passive Income? 3 Stocks to Buy Right Now.
- Flying cars? Vacationing in space?
- 03/02/2025
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Getting a Tax Refund? 3 Oil Stocks to Buy With Your Refund Check.
- The average American receives a tax refund of $3,138. That's a big windfall for most people.
- 03/02/2025
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Exxon Mobil: Sell Before The Oil Becomes Irrelevant
- The expected increase in oil supply across the globe in the following years will likely limit ExxonMobil's upside. As the oil demand is about to peak, it makes no sense to expect ExxonMobil to generate aggressive returns anytime soon. ExxonMobil's stock is a SELL for us.
- 03/01/2025
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 02/28/2025
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ExxonMobil buys naphtha as China petchem complex enters test runs, sources say
- ExxonMobil has purchased several shipments of naphtha for its newly launched petrochemical complex in southern China as the U.S. energy major prepares for the formal start-up of the $10 billion plant, industry and trade sources said.
- 02/28/2025
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Better Oil Stock: Devon Energy vs. ExxonMobil
- Over the past three months, West Texas Intermediate crude prices have spiked around 15% only to turn around and come back down to a roughly 4% gain. There are supply-and-demand and geopolitical reasons for the price move, but the truth is that this type of volatility isn't uncommon in the energy sector.
- 02/27/2025
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BP Reset Falls Short. Why Bid to Catch Exxon Sent Stock Falling.
- The oil and gas major promised to increase investment in oil and gas while reducing investment overall.
- 02/26/2025
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XOM Awards Major Deepwater Seismic Contract to Shearwater in Guyana
- ExxonMobil's contract to Shearwater Geoservices involves executing a deepwater 4D OBN seismic survey in Guyana, expected to start in the first half of 2025.
- 02/25/2025
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Guyana waiting for Exxon's gas development plans until end of March, VP says
- Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to develop offshore gas, the country's vice president told Reuters.
- 02/24/2025
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Exxon Mobil: Don't Forget Natural Gas
- Exxon Mobil: Don't Forget Natural Gas
- 02/24/2025
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Exxon's Australian unit, partners invest nearly $200 million in gas project
- U.S oil major Exxon Mobil's Australian unit announced on Monday a nearly $200 million investment in the Kipper 1B project in Gippsland Basin, alongside its partners - Mitsui and Woodside Energy.
- 02/24/2025
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5 Best CEFs This Month: Average Yield Of 10% (February 2025)
- For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
- 02/23/2025
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3 Energy Stocks to Buy With $500 and Hold Forever
- The world continues to use more energy and may continue to do so for the foreseeable future. According to McKinsey & Company's 2024 Global Energy Perspective, worldwide energy demand could grow until 2050.
- 02/22/2025
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Exxon-Pioneer, Chevron-Hess Mergers Receive Conditional FTC Approvals
- XOM's merger with Pioneer nearly doubles its production in the Permian Basin. CVX's $53 billion merger with HES is expected to expand its portfolio in the prolific Stabroek Block.
- 02/21/2025
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Market Navigator: Is energy ready to run?
- Carter Worth, Worth Charting CEO, joins 'Power Lunch' to discuss whether or not energy is heading for a banner year.
- 02/20/2025
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Final Trades: Exxon Mobil, Thermo Fisher and Cheniere Energy
- The Investment Committee give you their top stocks to watch for the second half.
- 02/20/2025
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ExxonMobil Eyes Major Gas Expansion in Guyana's Stabroek Block
- XOM and the Guyana government are advancing a large-scale gas project, leveraging a $1B pipeline and offshore LNG facility to drive power generation and industrial growth.
- 02/20/2025
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Exxon plans large-scale gas project in oil-dominated Guyana
- U.S. oil major Exxon Mobil is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects.
- 02/19/2025
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The Big 3: MSFT, BABA, XOM
- When it comes to Microsoft (MSFT), @Theotrade's Don Kaufman considers its current stock price a "trap door" for bulls eyeing near-term profits. His bearish takes on tech continue with Alibaba (BABA), calling its upcoming earnings a "buy the rumor, sell the news" event.
- 02/19/2025
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Exxon's gas project in Guyana to include fertilizer plant, executive says
- A large-scale gas project by Exxon Mobil in Guyana set to provide natural gas to shore and export liquefied natural gas (LNG) will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge, said on Wednesday.
- 02/19/2025
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The More It Drops, The More Buffett And I Buy
- Buffett and I are both doubling down on a sector that has lagged the market recently. This sector is filled with stocks that trade at deep discounts with strong balance sheets and rising dividends. Here's how to position your portfolio for potential massive upside alongside Buffett.
- 02/19/2025
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This Top Oil Stock Makes Another Big Move to Bolster Its Position Against Rivals ExxonMobil and Occidental Petroleum
- There has been a flurry of acquisitions in the oil patch over the past couple of years . The biggest was ExxonMobil 's (NYSE: XOM) more than $60 billion megadeal for Pioneer Natural Resources to solidify its position in the oil-rich Permian Basin.
- 02/19/2025
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 02/17/2025
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Bank of America Says Stocks Could Drop 40%: 5 Safe Large-Cap Dividend Stocks That Will Survive
- For almost 2.5 years, we have watched the market take off on a ride we haven't seen since the dot-com era of the mid-to-late 1990s.
- 02/17/2025
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Exxon Mobil: A Low-Risk, High-Potential Energy Investment
- Exxon Mobil reported strong Q4'24 earnings and free cash flow, driven by production growth from the Pioneer Natural Resources acquisition, despite lower petroleum prices. I maintain a strong buy rating for Exxon Mobil due to its robust free cash flow, reasonable valuation, and growth potential in the Permian Basin. Exxon Mobil generated $8.0B in free cash flow in Q4'24, showing flat FCF growth due to higher production volumes offsetting pricing weakness.
- 02/16/2025
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Income Strategy: 2 Energy Bargains Up To 8% Yield
- Energy stocks have retreated again as of late, presenting good value opportunities for those seeking income and value. In this article, I highlight two such names, which offer well-covered dividends and moat-worthy businesses. Both carry strong balance sheets and are trading at an attractive valuation, giving investors plenty of upside potential alongside income.
- 02/15/2025
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ExxonMobil Seeks Permits to Expand Oil and Gas Operations in Guyana
- XOM is gearing up for its eighth project in Guyana, known as the Longtail project, which will be the first one to produce gas that is not tied to oil production.
- 02/14/2025
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Buy 2 February S&P 500 Dividend Aristocrats Out Of 38 'Safer'
- Five of the ten lowest-priced Dividend Aristocrats - Franklin Resources, Realty Income, Amcor, Hormel, and Kenvue - are recommended buys, offering dividends exceeding their single share prices. Analysts project net gains of 15.84% to 46.98% by February 2025 for the Top Ten Aristocrat Dogs, with an average gain of 21.63%. Ten Aristocrats show negative free cash flow margins, making them unsafe buys; Federal Realty, Kenvue, and PepsiCo are among them.
- 02/14/2025
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Exxon Mobil: The Next Big Energy Cycle Winner
- Exxon Mobil targets 50% production growth by 2030, with Permian output rising from 1.5M to 2.3M barrels/day and Guyana reaching 650K barrels/day. Exxon reported $34B in earnings and $55B in operating cash flow in 2024, maintaining a 15% five-year average ROCE. The $3B annual synergies from integrating Pioneer assets enhance Exxon's cost efficiency and long-term production scalability.
- 02/13/2025
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Why Investors Shunned Energy Stocks Today
- With a generally humming global economy and robust demand for fossil fuels, the energy industry has generally been buoyant over these past few years. This, despite the threat of inflation and the dampening effect of conflicts in several hot spots around the globe.
- 02/12/2025
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Exxon to expand oil and gas output in Guyana, seeks permit for Longtail project
- A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U.S. oil major in Guyana said on Wednesday.
- 02/12/2025
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The Zacks Analyst Blog NVIDIA, Exxon Mobil, ServiceNow and Willis Lease Finance
- NVIDIA, Exxon Mobil, ServiceNow and Willis Lease Finance are included in this Analyst Blog.
- 02/12/2025
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Jack P. Williams, Senior Vice President, ExxonMobil, Joins the USISPF Board of Directors
- Washington, D.C.--(Newsfile Corp. - February 10, 2025) - The US-India Strategic Partnership Forum (USISPF) is delighted to welcome Mr.
- 02/10/2025
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2 Stocks to Shield Your Portfolio from AI and Tech Froth
- In the current state of the stock market, investors argue over whether valuations are too high. Some see historical indicators as signs of doom, while others feel that future earnings will justify prices.
- 02/10/2025
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Exxon Mobil: Big Margin Of Safety
- Exxon Mobil Corp. beat 4Q24 profit estimates due to higher output in key projects like the Permian and Guyana, and is well-positioned for AI-driven energy demand. The company earned $1.67 per share in 4Q24, exceeding estimates, with strong earnings and free cash flow despite a 6% YoY profit decrease. Exxon Mobil Corp. is a free cash flow leader with $34.4 billion in 2024, benefiting from AI data center demand, poised to grow 19% annually.
- 02/07/2025
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3 Ideal Buys In 63 January Fortune 500 Industry Leaders Wherein 57 Paid Dividends And 39 Tested As 'Safer'
- The June/July 2024 Fortune Magazine revealed 500 biggest U.S. companies by revenue and profits. Arnold-research focused on January industry-leaders using YCharts 1/30/25 data for profits from 63. Those 63 Fortune 500 industry leaders (F500IL) were segmented into 21 business sectors ranging (alphabetically) from aerospace/defense to wholesalers. By yield, MO topped-all F500IL. Top-ten Yields from JNJ. SO, PEP, XOM, ADM, T, CVS, UPS, ET, and MO, averaged 4.67% in January.
- 02/07/2025
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Zacks Industry Outlook Exxon Mobil, Chevron, BP and Vista Energy
- Exxon Mobil, Chevron, BP and Vista Energy have been highlighted in this Industry Outlook article.
- 02/07/2025
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4 Integrated Energy Stocks to Benefit From Solid Industry Prospects
- From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP & VIST will make the most of the favorable business scenario.
- 02/06/2025
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Calls of the Day: Exxon and Robinhood
- The Investment Committee debate the latest Calls of the Day.
- 02/05/2025
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Trump's Tariffs Shake Energy Markets: 3 U.S. Stocks Poised to Gain
- As Trump's tariffs disrupt the oil and gas trade, EOG Resources, Cheniere Energy and ExxonMobil stand to gain.
- 02/05/2025
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Exxon Mobil Digital Transformation Analysis Report: Technology Focus and Initiatives, Partnership Network Map, ICT Budgets and Contracts, Key Executives
- Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Exxon Mobil Corporation 2024" report has been added to ResearchAndMarkets.com's offering. The report provides insights into company's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives.
- 02/04/2025
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ExxonMobil After Q4 Earnings: Should You Hold the Stock or Sell it?
- In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major component in electric vehicle batteries.
- 02/04/2025
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 02/04/2025
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Baker Hughes Secures Major ExxonMobil Contract for Guyana FPSOs
- BKR has secured a multi-year contract from ExxonMobil Guyana to supply specialty chemicals for the Errea Wittu and Jaguar FPSOs in the Stabroek Block.
- 02/04/2025
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ExxonMobil Vs. Chevron: Which Big Oil Stock Had a Better Q4?
- Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.
- 02/04/2025
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3 Reasons Why High-Yield Dividend Stocks ExxonMobil and Chevron Are No-Brainer Buys in February
- On Friday, oil and gas majors ExxonMobil (XOM 0.24%) and Chevron (CVX 0.10%) fell 2.5% and 4.6%, respectively, after reporting fourth-quarter and full-year 2024 results.
- 02/04/2025
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ExxonMobil Has Built a Juggernaut in the Oil Patch
- ExxonMobil (XOM 0.24%) has built a premier oil company. The energy giant has an unrivaled asset base.
- 02/04/2025
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Exxon Enters the Electricity Business, Takes a Swipe at Nuclear
- Exxon says it can compete with nuclear, because the gas power plants it intends to build would capture carbon emissions.
- 02/03/2025
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Exxon (XOM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- The headline numbers for Exxon (XOM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/03/2025
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ExxonMobil Expands Guyana Oil Output, Eyes 2.3M BPD by 2030
- XOM is ramping up oil production in Guyana. It aims to reach 2.3 million barrels per day by 2030 as it taps into 40 reservoirs in the Stabroek Block.
- 02/03/2025
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Exxon Mobil Is A Bet On The Growth Story
- Exxon Mobil's strong 2024 performance includes 4.3 million barrels/day production, $34 billion GAAP earnings, and a 3.7% dividend yield, supporting long-term shareholder returns. The company's capital allocation strategy involves $10s of billions in projects starting in 2025, including CCS, LNG, and deepwater oil, driving diversified growth. Exxon Mobil plans 20% production growth by 2030, with substantial cost savings and cash flow increases, ensuring robust shareholder returns.
- 02/03/2025
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Exxon Mobil: Not The Place To Be If You Are 'Seeking Alpha'
- Exxon Mobil's Q4 earnings slightly exceeded estimates, but the stock remains expensive with a low FCF yield, making share buybacks a poor use of capital. Despite operational achievements in Guyana and the Permian, XOM's stock performance has lagged, up only 2% in 18 months versus the S&P 500's 37%. Alternative investments in my "DIY Supermajor" comprised of Diamondback Energy, Devon Energy, Marathon Petroleum, and Phillips 66 have shown superior returns compared to XOM.
- 02/02/2025
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ExxonMobil Dominated Last Year, Delivering 1 of Its Best Performances of the Past 10 Years
- ExxonMobil (XOM -2.50%) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance last year, producing over $33 billion in earnings and $55 billion in cash flow from operations.
- 02/02/2025
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Exxon Mobil Q4 Earnings: Patience Pays Off With A Reiteration Of A Strong Buy
- Exxon Mobil's efficiency drive has resulted in a strong financial performance. CEO Darren Woods highlighted the company's unmatched value delivery of dividends, stock price appreciation, and share repurchases. The company's return on capital employed remained robust, justifying a premium valuation even in challenging times.
- 02/01/2025
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WRAPUP Big Oil bleak on refining profits going into 2025
- Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a downturn in the margins for producing fuel.
- 01/31/2025
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Exxon Mobil Corporation (XOM) Q4 2024 Earnings Call Transcript
- Exxon Mobil Corporation (NYSE:XOM ) Q4 2024 Earnings Conference Call January 31, 2024 9:30 AM ET Corporate Participants Jim Chapman - Treasurer, and Vice President of Investor Relations Darren Woods - Chairman, and Chief Executive Officer Kathy Mikells - Senior Vice President, and Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs John Royall - JPMorgan Betty Jiang - Barclays Capital Devin McDermott - Morgan Stanley Doug Leggett - Wolfe Research Steve Richardson - Evercore ISI Jean Ann Salisbury - Bank of America Bob Brackett - Bernstein Research Neal Dingmann - Truist Securities Roger Read - Wells Fargo Paul Cheng - Scotiabank Ryan Todd - Piper Sandler Biraj Borkhataria - Royal Bank of Canada Jason Gabelman - TD Cowen Jim Chapman Good morning, everyone. Welcome to ExxonMobil's fourth quarter 2024 earnings call.
- 01/31/2025
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Dow Edges Lower; Exxon Mobil Earnings Top Views
- U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining more than 1% on Friday.
- 01/31/2025
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PCE Inflation Increased In Line With Expectation
- Today's pre-market activity is positive, with futures in the green across major indexes: the Dow is +110 points at this hour, with the S&P 500 +26 and the Nasdaq leading the way, +158 points. The small-cap Russell 2000 is +5.
- 01/31/2025
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December PCE Steady with Expectations; Plenty of Mixed Q4 Earnings
- PCE results were as in-line with expectations as one could expect: +0.3% on headline month over month, +2.6% year over year.
- 01/31/2025
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ExxonMobil's Profits Top Estimates on Highest Production in a Decade
- ExxonMobil's profits topped analyst estimates despite lower revenue than expected for the fourth quarter as the oil and gas giant said its production in 2024 hit its highest level in over a decade.
- 01/31/2025
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ExxonMobil's Q4 Earnings Top Estimates on Higher Production
- XOM Q4 earnings gain on production growth from its Guyana and Permian Basin resources. Revenues decline year over year due to lower commodity price realizations.
- 01/31/2025
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ExxonMobil: Solid EPS, But Revenue Miss
- Global energy giant ExxonMobil (XOM 0.83%) reported mixed fourth-quarter 2024 results on Friday, Jan. 31. Stronger-than-anticipated earnings resulted in adjusted EPS of $1.67, surpassing market estimates of $1.55.
- 01/31/2025
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Exxon Mobil CEO Darren Woods on Q4 results: Very strong foundation of investment opportunities
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, energy production outlook, the company's capex spending, state of Hess Guyana oil assets, world oil demand outlook, and more.
- 01/31/2025
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Exxon Mobil (XOM) Beats Q4 Earnings Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $2.48 per share a year ago.
- 01/31/2025
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Exxon Mobil's 2024 production was at highest level in over 10 years
- Exxon Mobil's stock gained ground after quarterly profit and free cash flow beat expectations, and production rose, while revenue fell short of forecasts.
- 01/31/2025
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ExxonMobil exceeds profit expectations despite lower oil prices
- Exxon Mobil Corporation exceeded Wall Street's expectations for its fourth-quarter profit, reporting strong financial results despite challenges such as lower oil prices and weaker refining margins. The company's success can be attributed to a significant increase in oil and gas production, which effectively compensated for the decrease in prices and refining margins.
- 01/31/2025
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Exxon beats fourth-quarter estimates with higher Permian, Guyana output
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 01/31/2025
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Exxon beats Q4 estimates with higher Permian, Guyana output
- Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
- 01/31/2025
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ExxonMobil Announces 2024 Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM): Results Summary 4Q24 3Q24 Change vs 3Q24 Dollars in millions (except per share data) 2024 2023 Change vs 2023 7,610 8,610 -1,000 Earnings (U.S. GAAP) 33,680 36,010 -2,330 7,394 8,610 -1,216 Earnings Excluding Identified Items (non-GAAP) 33,464 38,572 -5,108 1.72 1.92 -0.20 Earnings Per Common Share ² 7.84 8.89 -1.05 1.67 1.92 -0.25 Earnings Excl. Identified Items Per Common Share (non-GAAP) ² 7.79 9.
- 01/31/2025
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Exxon Mobil Stock Faces Resistance: Can Q4 Earnings Spark A Reversal?
- Exxon Mobil Corp XOM will be reporting its fourth-quarter earnings on Friday. Wall Street expects $1.56 in EPS and $86.63 billion in revenues as the company reports before market hours.
- 01/30/2025
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ExxonMobil's Q4 Earnings Coming Up: Is the Stock Worth Holding on to?
- The acquisition of Pioneer Natural boosts XOM's production capabilities in the Permian Basin due to its exceptionally low production costs.
- 01/30/2025
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ExxonMobil Launches Natural Gas Exploration Project Offshore Cyprus
- XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as highlighted by XOM?
- 01/29/2025
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Exxon Mobil Stock: Another Dip, Another Buy Before Q4 Earnings Release
- The recent downgrades in EPS/revenue revisions for Exxon's Q4 earnings (and beyond) increase the odds of another beating, in my opinion. The Company's Q3 2024 financials showed stable revenue and strong segment performance, with significant cost savings and solid margins. XOM continues to reward shareholders with a 4% YoY dividend increase, maintaining a strong track record of total shareholder returns.
- 01/28/2025
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Exxon Mobil: Unusual Insider Purchases Signal Entry Opportunities
- XOM's most recent insider activities signal excellent entry points. These activities are unusual in several ways and thus should be a key consideration for potential investors. The current stock price is essentially the same as the price at which the most recent insider purchase was made (of around $109).
- 01/27/2025
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The Stock Market Is Overbought and Insiders Are Selling – Grab These 5 High-Yield Blue Chips Now
- Investors love dividend stocks, especially the blue-chip variety, because they offer a significant income stream and have massive total return potential.
- 01/27/2025
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Why These 3 Stocks With High Call Option Volume Deserve Attention
- When investors want to profit from a company's stock swing, they typically only think of buying the underlying shares of stock and then hoping for their optimistic thesis to be proven right in the form of higher prices so that they can sell their shares at a profit and walk away a winner. There is, however, another way that traders often profit from their views on a stock, which is by utilizing leverage through another financial product.
- 01/27/2025
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All It Takes Is $3,000 Invested in Each of These 3 Ultra-Safe Dividend Stocks to Help Generate Over $280 in Passive Income in 2025
- Passive income may not be at the top of one's mind when the broader indexes are posting jaw-dropping gains. But dividend-paying companies can be a perfect fit for investors looking to help supplement income in retirement, or anyone searching for more value-focused stocks in 2025.
- 01/26/2025
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Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- With investment themes like cryptocurrency adoption, sending rockets to Mars, and using artificial intelligence to find cures for some of the world's most intractable diseases, the idea of investing in blue-chip stocks can seem boring. But boring stocks can be beautiful for your portfolio.
- 01/25/2025
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10 Stocks I'm Buying As A New Government Takes Power
- Global warming isn't just a "woke" issue; it has real financial implications for energy investments. DOGE has lofty and worthy goals, but the reality is that Congress controls the purse strings. Delayed Onset Tariff Syndrome (DOTS) will impact global trade and investment strategies. Exactly how remains in question.
- 01/25/2025
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Goldman Sachs Stays On The Sidelines On Exxon Mobil - Here's Why
- Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation XOM from $125 to $123 ahead of the company's fourth-quarter results, which will be reported on January 31, 2025.
- 01/24/2025
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Earnings Preview: Exxon Mobil (XOM) Q4 Earnings Expected to Decline
- Exxon (XOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/24/2025
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ExxonMobil launches 'promising' exploration well off Cyprus-President
- ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus President Nikos Christodoulides said on X.
- 01/24/2025
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The Zacks Analyst Blog Eli Lilly, Exxon Mobil, Costco and Flanigan's
- Eli Lilly, Exxon Mobil, Costco and Flanigan's are included in this Analyst Blog.
- 01/23/2025
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Israeli private eye wanted in US over alleged hacking for Exxon lobbyist, lawyer says
- The lawyer for an Israeli private investigator said for the first time publicly on Wednesday that her client is being prosecuted over allegations that he was hired by an Exxon Mobil lobbyist to hack emails of environmental activists.
- 01/22/2025
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5 Stocks to Buy for a Trump Presidency
- The second Trump presidency has begun and these five stocks are set to benefit.
- 01/22/2025
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Exxon Mobil Reports On 1/31 - Options Expire The Same Day
- According to NextEarningsDate.com, the Exxon Mobil XOM next earnings date is projected to be 1/31 before market open, with earnings estimates of $1.79/share on $88.23 Billion of revenue.
- 01/22/2025
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/22/2025
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Are ExxonMobil and Chevron the Best High-Yield Energy Stocks to Buy Now That Oil Just Topped $80 per Barrel?
- U.S. benchmark West Texas Intermediate (WTI) crude oil prices topped $80 per barrel on Jan. 15 after closing out 2024 closer to $70 per barrel. Geopolitical policy is driving higher prices.
- 01/22/2025
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Ex-Pioneer CEO sues FTC for banning him from Exxon board
- Former Pioneer Natural Resources CEO Scott Sheffield sued the U.S. Federal Trade Commission on Tuesday, saying it violated the law by barring his inclusion on Exxon Mobil's board when the company acquired Pioneer in a deal worth $59.5 billion.
- 01/21/2025
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Should You Buy ExxonMobil Stock at its Current Premium Valuation?
- XOM's growth prospects are strong, but a few uncertainties surrounding the stock suggest investors may be better off not buying it at premium valuations.
- 01/21/2025
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ExxonMobil to Release Fourth Quarter 2024 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2024 financial results on Friday, January 31, 2025. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the results during a live.
- 01/21/2025
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2 stocks to watch as Trump declares ‘drill, baby, drill' return; Should you buy?
- United States President Donald Trump‘s first day in office was marked by several announcements, including one focused on declaring a “national energy emergency” to help bring down prices.
- 01/21/2025
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NYC's Climate Lawsuit Dismissed: Is It a Relief for Big Oil?
- The dismissal of New York City's lawsuit against XOM, BP, and SHEL underscores the complexities of climate litigation.
- 01/21/2025
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ExxonMobil Unearths Gas in Egypt With Valaris Drillship
- XOM discovers gas off Egypt's Mediterranean coast with Valaris DS-9 drillship, marking a breakthrough in the untapped western region.
- 01/21/2025
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3 Dividend Stocks Rewarding Investors With Buybacks
- For investors seeking income and the potential for long-term growth, dividend-paying stocks coupled with share buyback programs can offer an attractive combination. Dividends provide a regular income stream, while buybacks can enhance shareholder value by reducing the number of outstanding shares and boosting earnings per share (EPS).
- 01/21/2025
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3 Unstoppable Dividend Stocks to Buy Even if There's a Stock Market Sell-Off in 2025
- Equity markets have been bouncing all over the place to kick off the new year. Some folks may be concerned that valuations are stretched thin after back-to-back years of over 20% gains in the S&P 500 in 2023 and 2024.
- 01/21/2025
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Exxon Mobil: Don't Let This Buying Opportunity Go To Waste (Rating Upgrade)
- Exxon Mobil: Don't Let This Buying Opportunity Go To Waste (Rating Upgrade)
- 01/19/2025
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3 Super-Safe Dividend Stocks to Buy for 2025 and Beyond
- Dividend cuts can be devastating to an income-focused investor. You lose a portion of your passive income, and a dividend stock's price tends to fall significantly leading up to and after a payout reduction.
- 01/18/2025
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Oil Near 5-Month Highs: 4 Strong Buy High-Yield Dividend Giants Wall Street Loves
- This time, a year ago, West Texas Intermediate (WTI) was trading in the $90 range, but since a peak of $83.57 in late April, the price for the benchmark giant has traded flat for the past five months until ripping higher recently to $79.80.
- 01/17/2025
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Exxon Mobil CEO Darren Woods on California AG lawsuit: We've got to push back against falsehoods
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's lawsuit against California Attorney General Rob Bonta and several environmental groups, the damage done by the AG's initial lawsuit against Exxon Mobil, state of Exxon's plastic recycling technology, and more.
- 01/17/2025
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ExxonMobil Finds Natural Gas Off Egypt's Mediterranean Coast
- XOM's natural gas find off Egypt's coast could help the nation reverse its declining production and regain its status as a key energy supplier.
- 01/16/2025
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Here's Why Exxon Mobil (XOM) Gained But Lagged the Market Today
- In the closing of the recent trading day, Exxon Mobil (XOM) stood at $111.51, denoting a +1.63% change from the preceding trading day.
- 01/15/2025
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Jefferies Says Buy Large Cap High-Yield Dividend Energy Giants Hand-Over-Fist
- Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
- 01/15/2025
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Is Big Oil Losing Ground in the Supreme Court Climate Fight?
- The likes of XOM and CVX face rising pressure to tackle climate deception claims and brace for the potential financial impact of ongoing lawsuits.
- 01/15/2025
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Exxon Mobil Has Continued Cash Flow Growth And Strong Assets
- Exxon Mobil has an almost 8% shareholder yield, supported by strong cash flow and continued investments. The company plans to keep investments at roughly $30 billion/year, supporting substantial production growth. Despite a loftier valuation in an expensive market, the company has the continued ability to generate strong returns.
- 01/15/2025
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ExxonMobil Pushes for Privacy on Offshore CO2 Storage Lease Details
- XOM urges Texas to keep the details of its large offshore CO2 lease private, citing the importance of protecting its proprietary commercial and financial information.
- 01/15/2025
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Exxon Mobil Is Futureproofing Operations
- Exxon Mobil is advancing in sustainable energy with investments in hydrogen production and lithium & graphite mining, while maintaining strong oil and gas production. The firm reported a 24% YoY production increase in Q3'24, driven by integrating Pioneer Energy's Permian assets, and plans significant growth in Guyana and LNG projects. Management is anticipating spending between $27-29b in capital investments in eFY25 with a focus on Permian and Guyana production.
- 01/15/2025
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3 High-Yielding Dividend Stocks That Are Trading at Dirt Cheap Prices
- Dividend stocks trading at discounted prices can make for great investments if you're willing to be patient. That's because, assuming their payouts are sustainable, you can lock in a higher yield than normal.
- 01/15/2025
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Why You Should Watch EOG, COP, XOM Stocks Amid Rising Oil Prices
- It is advisable to focus on companies like EOG Resources, ConocoPhillips & ExxonMobil, which have significant upstream operations in key shale plays.
- 01/13/2025
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Exxon Mobil: Earnings Adjustments Before The Earnings Announcement
- Exxon Mobil has noted major (mostly negative) adjustments to fourth quarter earnings when compared to third quarter earnings. The fourth quarter emphasizes the need for a vision. With a vision, then less emphasis will be on current commodity price fluctuations (especially down) because there is a vision of better in the future.
- 01/13/2025
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ExxonMobil Expects Its Profits to Fall. Time to Buy the Oil Stock on the Dip?
- ExxonMobil (XOM -0.36%) is the oil industry's leader by almost every important metric, including profitability. The oil giant produced a peer-leading $8.6 billion in profits during the third quarter and a monster $17.6 billion of cash flow from operations, which also led international oil companies.
- 01/12/2025
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The Best Energy Stocks to Invest $500 in Right Now
- Energy is vital to modern society, and most investors should probably have some exposure to the sector. The problem is that the sector tends to be very volatile, given its commodity-driven nature.
- 01/12/2025
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Very Bad News For Dividend Stocks
- Dividend stocks boomed from early July 2024 to late November 2024. However, since then, they have pulled back sharply. I discuss the bad news that may continue weighing on many dividend stocks.
- 01/09/2025
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Goldman Sachs Flags Weak Q4 Guidance For Exxon Amid Weak Upstream And Chemical Results
- Goldman Sachs analyst Neil Mehta expressed views on Exxon Mobil Corporation‘s XOM trading update reported yesterday.
- 01/08/2025
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Exxon Mobil's Earnings Warning Shouldn't Worry Investors
- Exxon Mobil said lower oil prices and refining margins will weigh on earnings, but Wall Street isn't overly concerned. Here's what you need to know.
- 01/08/2025
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Canada Lubricants Industry Outlook Report 2024-2028: Key Players are Competing on Diverse Fronts like Product, Price & Services with ExxonMobil Dominating with a 26% Share
- Dublin, Jan. 08, 2025 (GLOBE NEWSWIRE) -- The "Canada Lubricants Market Outlook to 2028" report has been added to ResearchAndMarkets.com's offering. Canada's lubricants market is experiencing steady growth due to factors such as industrial development, transportation needs, and the automotive sector contribute to the demand for lubricants. The market size is also influenced by various industries, including automotive, manufacturing, construction, mining, and agriculture. The market is served by both domestic and international lubricant companies. Major global players like Shell and ExxonMobil operating in Canada alongside local manufacturers and distributors. Lubricants in Canada are classified into various types such as engine oils, industrial oils, transmission fluids, hydraulic fluids, metalworking fluids, and greases. Each segment serves different applications and industries. Sustainability and environmental concerns are crucial trends emerging in the lubricants industry since there's a growing demand for eco-friendly lubricants that have minimal impact on the environment.
- 01/08/2025
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Exxon slips after flagging weak fourth-quarter earnings on refining squeeze
- Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in refining profits in the fourth quarter and weak returns across its operations.
- 01/08/2025
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 01/08/2025
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ExxonMobil Sues Rob Bonta, NGOs, Alleging Plastic Recycling Smears
- ExxonMobil filed suit in a U.S. District Court in Beaumont, Texas Monday, targeting California Attorney General Rob Bonta and an array of environmental NGOs including the Sierra Club over what it says are smears related to its advanced plastic recycling business. In addition to the Sierra Club, other NGOs named as defendants include Surfrider Foundation, Inc., Heal the Bay, Inc., Baykeeper, Inc., and Intergenerational Environment Justice Fund (IEJF) Ltd.
- 01/08/2025
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Exxon warns lower oil prices will eat into profit
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has warned the likes of lower oil prices and wider weakness will eat into profit over the fourth quarter. Profit was on course to drop by around US$1.75 billion against the third quarter, Exxon forecast in an regulatory filing on Tuesday.
- 01/08/2025
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ExxonMobil Warns of Weak Q4 Profits Amid Global Oil Challenges
- Lower oil refining margins, weaker demand and global oversupply weigh on XOM's Q4 earnings outlook.
- 01/08/2025
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ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
- ExxonMobil (XOM) said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.
- 01/08/2025
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Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings
- Exxon Mobil Corp.'s stock fell 0.5% early Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings.
- 01/08/2025
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Exxon Mobil expects fourth-quarter upstream earnings to ease
- Exxon Mobil said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 million.
- 01/07/2025
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Buy 1 January S&P 500 Dividend Aristocrat Out Of 38 'Safer'
- **Investment Thesis:** January's top-yielding Aristocrats include Franklin Resources, Realty Income, Amcor, Kenvue, and Hormel, offering dividends from $1K investments exceeding single share prices. **Rating Justification:** Six more Aristocrats could meet the ideal dividend-to-price ratio with a 45.4% market downturn, making them fair-priced investment opportunities. **Analyst Projections:** Top-ten Aristocrats are expected to deliver 22% to 33.36% net gains by January 2025, with an average net gain of 24.96%.
- 01/07/2025
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ExxonMobil Targets Defamation Lawsuit Over Recycling Attacks
- XOM takes legal action against California's AG and environmental groups, accusing them of defaming its advanced recycling technology and seeking retraction and damages.
- 01/07/2025
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Big Dividends And Buybacks: The More It Drops, The More I Buy
- While the market is at all-time highs, some sectors are actually in correction territory. I share one that has pulled back by ~10% in recent weeks, yet contains several opportunities with extremely strong fundamentals, attractive yields, big buybacks, and sound balance sheets. I share one of my top picks.
- 01/07/2025
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Exxon Mobil (XOM) Stock Drops Despite Market Gains: Important Facts to Note
- In the closing of the recent trading day, Exxon Mobil (XOM) stood at $107.74, denoting a -0.11% change from the preceding trading day.
- 01/06/2025
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Exxon Mobil sues California attorney general, environmental groups
- Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show.
- 01/06/2025
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The Magnificent 7 Blue-Chip Dividend Stocks to Buy in 2025 and Hold Forever
- Large-capitalization blue-chip dividend stocks are a favorite among investors for a good reason.
- 01/06/2025
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The Oil Price Outlook is Good for Energy Companies
- The oil price outlook is good for energy companies because it is depressed, averaging a long-term low for Q4 and at an extreme level likely to increase as the year progresses. This means the outlook for energy company earnings is likely too low and that an outperformance/upgrade cycle is about to unfold.
- 01/06/2025
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Cold Front, Hot Stocks: Diesel Prices Propel Energy Leaders
- Multiple factors, including forecasts for an extremely cold winter and rising natural gas prices, are driving a surge in diesel prices. The Department of Energy/Energy Information Administration (DOE/EIA) reported a $0.027 increase in the average retail diesel price, reaching $3.503 a gallon to close out 2024.
- 01/05/2025
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How Energy Stocks Performed In 2024
- The S&P 500 closed out 2024 with a total return of 23.3%, building on its 24.2% gain in 2023. Despite a weaker finish to the year, the index notched 57 record closes, fueled by optimism around artificial intelligence (AI) and the Federal Reserve's interest rate cuts.
- 01/04/2025
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Final Trades: Uber, Robinhood, Exxon and the IBIT
- The Investment Committee give you their top stocks to watch for the second half.
- 01/03/2025
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Oil Market 2025: Volatility Looms, 3 Resilient Stocks to Watch
- The oil market in 2025 may stay volatile, balancing rising supply with moderate demand growth. Focusing on stocks like XOM, FANG and COP could be wise.
- 01/03/2025
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U.S. LNG Demand Hits Record High: A Boon for Select Stocks
- Record-setting LNG demand signals a strong year ahead for stocks like NextDecade, Cheniere Energy and ExxonMobil, which offer strong investment potential.
- 01/03/2025
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Better Buy for 2025: ExxonMobil or Chevron?
- Natural gas prices recently jumped 20% in a single day. That's a pretty shocking move but, frankly, not all that unusual when it comes to energy prices.
- 01/03/2025
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Top Dividend Stocks to Buy Now as Bond Yields Could Lower
- The concept of market relativity is more alive than ever in today's economy, as gone are the days of individualistic price action in different asset classes and even stocks. With the advances in data delivery and technology, traders across the financial sector have found ways to connect the dots in pretty much all markets, and that is the one thing that these big hedge funds and investment bank traders get right.
- 01/01/2025
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Buy The Drop On These Amazing Dividend Bargains
- There is always something on sale, with now being a good time to pick up select names in the energy sector for high yields and value. Cenovus Energy is a Canadian oil and gas giant with integrated operations, offering strong cash flows, disciplined capital allocation, and robust capital returns to shareholders. Plains All American is a large midstream company with extensive infrastructure, strong operational efficiencies, and high yields, benefiting from growth in Permian Basin volumes.
- 12/31/2024
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My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks
- I review here the stocks of six quality companies that I am convinced will bring me closer to my ambitious goal of being able to fund my living expenses through dividends. Dividend growth investing is not a get-rich-quick strategy, it requires commitment and a long-term mindset. Making a New Year's resolution is a great way to help maintain that mindset. I discuss two scenarios of hypothetical investors who start their journey in 2025. I detail the significant impact a long-term commitment – even without additional investments – can make.
- 12/30/2024
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Oil Be Back! My Top Energy Picks For 2025 And Beyond
- The shale boom is fading, but I see massive potential in energy's next phase. I'm focusing on strategic picks positioned for long-term growth. My favorite energy investments are built to thrive in shifting markets. They balance innovation, strong cash flow, and reliable dividends. Looking ahead to 2025 and beyond, I'm excited about these picks. They represent the future of energy and align perfectly with my investment strategy.
- 12/30/2024
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5 Best CEFs This Month For 9% Yield (December 2024)
- For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
- 12/29/2024
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Down 11% in 1 Month With a 3.7% Yield, Is This High-Yield Dividend Stock Too Cheap to Ignore, and Worth Buying in 2025?
- ExxonMobil (XOM -0.01%) and the rest of the energy sector are down big in the past month as oil prices hover around their lowest levels in a year. But the company has plans to drive shareholder returns even at mediocre oil prices.
- 12/29/2024
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ExxonMobil Stock Navigates Death Cross: Market Signals Turn Bearish For The Oil Giant
- ExxonMobil Corp. XOM may be pumping out oil, but its stock chart has hit a dry spell.
- 12/27/2024
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RBC's Helima Croft gives her 2025 energy playbook under Trump
- Helima Croft, RBC Capital Markets head of commodity strategy, joins 'Squawk on the Street' to discuss her 2025 energy outlook under Trump's administration.
- 12/27/2024
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XOM Stock Up 8% in a Year: Is Now the Time to Buy, Sell, or Hold?
- ExxonMobil plans to generate $165 billion in surplus cash flow over the 2025-2030 period, thanks to disciplined capital allocation and improved earnings power.
- 12/26/2024
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 12/25/2024
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3 No-Brainer Stocks to Buy on the Latest Sell-Off
- Warren Buffett's mentor Benjamin Graham once said, "In the short run, the market is a voting machine but in the long run, it is a weighing machine." He understood that stocks are largely driven by investor sentiment, which is inherently fickle over the near term.
- 12/24/2024
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Exxon Mobil: Buy The Drop Opportunity
- Exxon Mobil's acquisition of Pioneer Resources expands its Permian Basin reach, doubling its acreage and enhancing its growth prospects. Recent share price drop due to Federal Reserve's slower rate cut pace for 2025 presents a buying opportunity for long-term dividend investors. Exxon Mobil boasts the largest free cash flow among large-cap energy firms, making it a strong value proposition despite recent market volatility.
- 12/24/2024
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Exxon Mobil (XOM) Increases Yet Falls Behind Market: What Investors Need to Know
- Exxon Mobil (XOM) reachead $106.30 at the closing of the latest trading day, reflecting a +0.41% change compared to its last close.
- 12/23/2024
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3 Must Buy Stocks Ahead of a Market Correction
- Investors in the US stock market have enjoyed an excellent year of returns, but as the new year approaches it may be an opportunity to be tactically defensive. Among other catalysts, last week we saw a notable adjustment in the Fed's rhetoric, shifting interest rate policy expectations and initiating a jump in volatility.
- 12/23/2024
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ExxonMobil Finalizes $535M Liza Destiny FPSO Purchase
- XOM secures ownership of the Liza Destiny FPSO from SBM Offshore in a $535M deal, enhancing its control at the Stabroek Block and ensuring production excellence through 2033.
- 12/23/2024
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Where Will ExxonMobil Be in 5 Years?
- So you say you want to invest in top-10 oil stock ExxonMobil (XOM 0.34%) -- but you'd first like some assurance that the stock will go up after you buy it, and not down? Then today may be your lucky day!
- 12/23/2024
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Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
- 12/21/2024
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Exxon Mobil: A Solid Prospect With Market-Beating Potential
- Exxon Mobil, with a market cap of $491.5 billion, has achieved a 15.2% upside since December, though it has lagged behind the S&P 500's 31.5%. Management's guidance through 2030 highlights significant growth potential in both traditional and new energy sectors, with a $400 billion market opportunity for new products by 2030. Capital expenditures are projected to nearly triple to $140 billion from 2025-2030, aiming for a $30 billion increase in annual operating cash flow.
- 12/19/2024
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Permian Powerhouses: 3 Oil Stocks to Watch Closely in 2025
- Considering the Permian Basin's strategic significance to the U.S. oil production, keeping an eye on XOM, FANG and CVX is not just wise - it's essential.
- 12/19/2024
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Inside ExxonMobil's $30 Billion Plan to Build the Energy Company of the Future
- ExxonMobil (XOM -1.47%) is the hands-down leader of today's carbon-powered world. The company is an industry-leading producer of hydrocarbons.
- 12/19/2024
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Of 63 Fortune500 Industry Leaders, 57 Pay Dividends, 38 Test 'Safer' & 1 Is Ideal To Buy
- The June/July, 2024 Fortune Magazine revealed 500 biggest U.S. companies by-revenue and profits. Arnold-research focused on 66 December industry-leaders using YCharts 12/13/24 data for Profits from 63. Those 63 Fortune 500 industry leaders (F500IL) were segmented into 21 business sectors ranging (alphabetically) from aerospace/defense to wholesalers. By yield, MO topped-all F500IL. Top-ten Yields from PEP, PLD, SO, XOM, ADM, T, UPS, CVS, ET, & MO, averaged 4.71% in December.
- 12/18/2024
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The Big 3: XOM, JETS, TLT
- @Theotrade's Don Kaufman shares why he's bullish on Exxon Mobil (XOM) and the iShares 20+ Year Treasury Bond ETF (TLT), but bearish on the U.S. Global Jets ETF (JETS) despite the holiday travel season heating up. Rick Ducat dives into the technical trends.
- 12/18/2024
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Why Now Is the Ultimate Time to Invest in Oil Stocks
- Every once in a while, the markets align themselves to offer investors a perfect way to get into a specific sector, with every tailwind behind it coming from other asset classes. Today, there are tailwinds brewing in the spreads between value stocks and growth stocks, which have fallen to a multi-decade low to show investors a potential shift in the market for the coming months.
- 12/18/2024
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What's Next For Conocophilips Stock?
- A pure-play oil and natural gas producer, ConocoPhillips (NYSE: COP) stock is down 12% since the beginning of this year, compared to a 27% return of the S&P 500 over the same period. In comparison, COP's peer Exxon Mobil stock (NYSE: XOM) is up 14% this year.
- 12/18/2024
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Exxon Mobil (XOM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- Exxon Mobil (XOM) closed at $108.01 in the latest trading session, marking a -0.42% move from the prior day.
- 12/17/2024
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These 3 Stocks Look to Power AI Data Centers With Natural Gas
- Nuclear energy stocks have been all the rage in 2024 as investors look to profit from companies powering the AI revolution. However, the market is running out of reasonable places to look in this space.
- 12/17/2024
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White Oil Market Outlook and 10 Year Forecast 2024-2034: Key Market Players, such as ExxonMobil, Sonneborn and Sasol, Dominate the Market
- The white oil market continues to evolve, driven by technological advancements and shifting consumer needs. White oil market set to reach $8.59 billion by 2034 with a CAGR of 8.24% The white oil market continues to evolve, driven by technological advancements and shifting consumer needs. White oil market set to reach $8.59 billion by 2034 with a CAGR of 8.24%
- 12/17/2024
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ExxonMobil Could Produce $165 Billion in Surplus Cash After Paying Dividends Through 2030
- ExxonMobil (XOM -2.14%) has become a cash-gushing machine in recent years . The oil giant delivered industry-leading cash flow from operations of $17.6 million during the third quarter.
- 12/17/2024
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Top 3 Energy Stocks That May Rocket Higher In Q4
- The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
- 12/16/2024
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ExxonMobil Hits 1,000-Well Milestone in New Mexico Delaware Basin
- With 1,000 wells in the Delaware Basin, XOM combines advanced technology with operational excellence to drive efficiency and lower emissions in the Permian.
- 12/16/2024
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Exxon Mobil: Total Shareholder Yield Now Exceeds 7%
- This article upgrades XOM to STRONG BUY due to the combination of robust Q3 results and recent stock price dip. These factors have pushed its total shareholder yield to be above 7% when both dividends and buybacks are considered. There are some near-term challenges (such as commodity prices and demand outlook).
- 12/14/2024
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ExxonMobil's Bold Plan Positions It to Produce Another $30 Billion in Annual Cash Flow by 2030
- ExxonMobil (XOM -0.88%) is already the undisputed leader among international oil companies. The oil giant delivered industry-leading earnings, cash flow, and shareholder returns during the third quarter.
- 12/14/2024
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Exxon Mobil May Offer Some Protection In Stock Market Crash Scenario
- I am skeptical of overly bullish 2025 forecasts being put out by Wall Street. I have been reducing equity exposure in favor of capital preservation ideas since the November election. High valuations, such as the Buffett Indicator at 210%, record price to sales of 3.2x and a near-record Shiller CAPE Ratio of 39x, suggest honest bear market and crash potential. Defensive picks like Exxon Mobil, with strong free cash flow and dividend yields, could outperform soon, especially if energy prices rise due to geopolitical/trade war issues.
- 12/14/2024
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Chevron' Stock Up 10%, What's Next?
- Up 10% in the last year, at the current price of around $156 per share (as of Dec 11), we believe Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil additives - could see modest gains in the longer term. The company's stock gains are below the S&P 500 which gained about 31% over the same period and also below peer Exxon Mobil (NYSE: XOM) which is up 14% over the same period.
- 12/13/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 12/13/2024
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Where to Invest in 2025: Top Stock Picks for Maximum Gains
- When end-of-year liquidations and profit taking take place, investors sit on newly minted cash waiting to be put to work again. Out of all the investment trends in the market and all the stocks that could outperform, which ones could pose the best opportunity from now into 2025?
- 12/13/2024
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Exxon Mobil: As 2025 Dawns, The Results Of The Long-Term Plan Appear
- Exxon Mobil's management highlighted their commitment to avoiding past stagnation. The company aims to maintain superior performance with consistent cost monitoring and maximum value disposals of non-core units. Management's focus on new goals after achieving current ones signals a proactive approach to sustaining business growth and sustaining dividend growth.
- 12/13/2024
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Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst
- Goldman Sachs analyst Neil Mehta rated Exxon Mobil Corporation XOM Neutral and a price target of $125.
- 12/12/2024
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Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
- Diamondback Energy and Exxon Mobil are major energy production companies. They both have generous shareholder capital return programs. I compare them side-by-side and share which one I think is the better buy right now.
- 12/12/2024
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ExxonMobil Unveils Earnings Growth Strategy Worth $20B Till 2030
- With a bold 2030 plan, XOM expects $20B in earnings and $30B in cash flow growth, investing in high-return projects, new businesses and carbon reduction solutions.
- 12/12/2024
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US senators, green groups call for accountability over hacking of Exxon critics
- Two Democratic senators and a host of environmental groups have called for investigations and accountability following a report that a lobbyist for Exxon Mobil had been investigated for its alleged role in a sweeping hack-and-leak operation that targeted prominent critics of the oil company.
- 12/12/2024
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Exxon wants to extract its value from Hess Guyana assets, CEO says
- Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract value from the work it has put into developing the country's offshore fields, two of its top executives said on Wednesday.
- 12/11/2024
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XOM Crosses Critical Technical Indicator
- In trading on Wednesday, shares of Exxon Mobil entered into oversold territory, changing hands as low as $111.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
- 12/11/2024
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Exxon Mobil's New Plan Goes Bigger on Oil and Even Data Centers
- The oil major's big investment plans come at a time when most analysts expect oil prices to fall next year.
- 12/11/2024
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ExxonMobil To Spend Billions More Through 2030 on Boosting Oil, Gas Production
- ExxonMobil is doubling down on its commitment to pumping more oil and gas, announcing a long-term plan that focuses on taking advantage of its nearly $60 billion purchase of Pioneer Natural Resources earlier this year.
- 12/11/2024
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What Energy Transition? ExxonMobil Plans 18% Production Boost By 2030
- ExxonMobil announced plans on Wednesday to raise its oil production by 18% by 2030, investing between $28 billion - $33 billion annually to make it happen. While most of the capital will be dedicated to the company's core oil and gas business, the plans call for as much as $30 billion to be invested in low emissions projects through the company's Low Carbon Solutions business unit.
- 12/11/2024
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2 Dividend Kings Yielding Over 3% to Pick up This December
- For passive income seekers, it really doesn't get much more prestigious than the Dividend Kings, which are firms that have increased their dividend payouts for a minimum of 50 straight years.
- 12/11/2024
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Exxon pouring $140 billion into the Permian Basin after rise in third quarter production
- Domestic oil and gas production takes center stage in Exxon's latest capital project punch list.
- 12/11/2024
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Exxon Mobil forecasts higher capital spending
- Exxon Mobil said on Wednesday it expects annual project spending of $28 billion and $33 billion between 2026 and 2030, bolstered by the acquisition of Pioneer Natural Resources.
- 12/11/2024
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Exxon Plans to Sell Electricity to Data Centers
- The country's largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.
- 12/11/2024
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Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
- "Dividend Aristocrats
- 12/10/2024
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CVX or XOM: Are Either of These Oil Giants a Buy for 2025?
- ExxonMobil and Chevron are redefining the competitive landscape with game-changing acquisitions that solidify their dominance in the energy sector.
- 12/10/2024
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Dividend Aristocrat Exxon Just Paid Investors: Here's How Much They Got
- Exxon Mobil Corp. (NYSE: XOM) is rewarding its shareholders once again with a quarterly dividend of $0.99, payable on Tuesday, Dec.
- 12/10/2024
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Want Safe Dividend Income in 2025 and Beyond? Invest in the Following 2 Ultra-High-Yield Stocks.
- With the calendar flipping to the last month of 2024, thoughts naturally turn to 2025. From an investor's perspective, it's a good time to review your holdings and investment outlook as you plan for the long haul.
- 12/10/2024
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Buy the Dip on This Blue-Chip Oil Stock
- Exxon Mobil Corp (NYSE:XOM) stock has been sliding since its late-November peak, which failed to extend its Oct. 7 record high of $126.36.
- 12/09/2024
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The Zacks Analyst Blog Berkshire Hathaway, Exxon Mobil, Novo Nordisk and Universal Health Realty Income Trust
- Berkshire Hathaway, Exxon Mobil, Novo Nordisk and Universal Health Realty Income Trust are included in this Analyst Blog.
- 12/09/2024
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6 Passive Income Dividend Stocks May Explode Higher in 2025 When President Trump Takes Office
- Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%.
- 12/07/2024
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Got $5,000? These 3 Growth Stocks Are Bargain Buys Right Now.
- Investing $5,000 can be a good amount to put into a growth stock because it can lead to significant long-term gains. If it can rise in value by 10% per year, it would take a little more than seven years for it to double your returns.
- 12/05/2024
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Will OPEC+ Maintain Oil Production Cuts? Let's Find Out
- Despite short-term support, structural challenges could cap long-term crude gains. XOM, DVN and APA are well-positioned to navigate this turbulent landscape.
- 12/04/2024
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Cheniere's FERC Nod & APA's Partnership Lead Oil & Gas Stock Roundup
- LNG, APA, EQT, XOM and BP emerge as the energy headline makers during the week.
- 12/04/2024
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ExxonMobil Eyes $1B Deal for Singapore Esso Fuel Stations
- XOM considers selling its 59 Esso stations in Singapore, aiming to raise $1 billion and refocus on growth areas.
- 12/04/2024
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“Drill, Baby, Drill!” Stocks to Watch
- When asked about what he plans to do when he takes office, President Trump's two priorities were to close the border with Mexico and “Drill, Baby, Drill!
- 12/04/2024
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Why Exxon Mobil Stock Is Still A 'Buy'
- I believe Exxon Mobil stock is a solid long-term investment despite lagging the broader market and high valuation due to its scale and cost-saving initiatives. Despite lower earnings in Q3, Exxon is still putting out a great deal of output - 4.58 million barrels a day, the highest in 40 years. I think XOM's plans for production growth and structural cost savings justify its premium valuation.
- 12/04/2024
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Investing strategies in energy, aerospace, and health
- Pointwealth Capital Management CEO & Founder Sandra Cho joins Wealth to discuss her top stock picks across energy, aviation, and healthcare sectors. In the energy sector, Cho highlights Chevron (CVX) and ExxonMobil (XOM), emphasizing that they "really have valuation potential.
- 12/03/2024
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Exxon names former GM president to run oil and gas business
- Exxon Mobil said on Tuesday that Dan Ammann, former president of General Motors , will take over its largest and most profitable business early next year.
- 12/03/2024
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ExxonMobil Announces Leadership Changes
- SPRING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE: XOM) today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation, will retire effective February 1, 2025. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company. Dan will continue as vice president, Exxon Mobil Corporation to succeed Liam. The Board also has appointed Barry L. Engle president, Low Carbon Solutions (LCS) and vice president for Exxon Mobil C.
- 12/03/2024
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3 U.S. LNG Stocks Set to Gain With Tight Winter Ahead
- With colder weather on the horizon, U.S. LNG companies like Cheniere, ExxonMobil and Kinder Morgan may see strong tailwinds this winter.
- 12/03/2024
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ExxonMobil in Talks for Developing Guyana's Shallow-Water Block S8
- XOM and partners engage in talks with Guyana's government to finalize terms for developing the shallow-water S8 oil block, aiming to expand their regional presence.
- 12/03/2024
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Exxon reportedly mulling $1bn Singapore gas stations sale
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) is reportedly mulling the $1 billion sale of its gas stations in Singapore in order to turn focus to other high-growth areas. According to Bloomberg-cited sources, the oil major is working with financial advisors on the potential disposal.
- 12/03/2024
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3 High-Yield Dividend Stocks to Buy in December for Generating Reliable Passive Income
- With just one month left in the year, now is the perfect time for investors to conduct a portfolio review and update their watch lists for top stocks to buy now. But with the broader stock market indexes around all-time highs, it has become increasingly harder to scoop up shares of quality companies in the bargain bin.
- 12/03/2024
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Exxon talks continue on shallow-water block in Guyana auction, company says
- U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday.
- 12/02/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/02/2024
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3 Growth Stocks That Won't Slow Down in 2025
- Despite periods of volatility, 2024 has been a good year for many stocks, particularly growth stocks. But what will 2025 look like?
- 12/02/2024
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How Much Will ExxonMobil Pay Out in Dividends in 2025?
- It's that time of year. Snow is increasingly in the weather forecasts, family members are exchanging holiday gift lists, and investors are setting financial goals for 2025.
- 12/02/2024
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Kansas county sues ExxonMobil and Chevron over alleged 'false' claims about recyclability of plastics
- A Kansas county has sued a group of companies, alleging "false representations" about plastic recyclability. Energy giants ExxonMobil and Chevron are among the defendants named in the lawsuit.
- 11/29/2024
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ExxonMobil and Lobbyist Face Scrutiny Over Cyber Espionage
- XOM faces scrutiny as allegations surface about hacked emails of environmental activists. The FBI is investigating the claims, which ExxonMobil calls conspiracy theories.
- 11/29/2024
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Forget Big Tech - I'll Take Dividend Stalwarts Any Day
- Big Tech dominates markets but faces risks like slowing growth, AI dependency, and inflated valuations. Dividend stalwarts offer a safer, smarter alternative. Dividend stocks, like those in VYM and SCHD ETFs, have matched or beat tech returns since 2021, fueled by strong cash flow, low risks, and reliable growth. By focusing on dividend stalwarts, investors can achieve long-term growth, income, and stability—outperforming tech-heavy portfolios over time.
- 11/29/2024
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Evaluating ExxonMobil's Premium Valuation: Time to Buy or Hold?
- XOM's strong fundamentals drive premium valuations with high growth expectations, but there remains some uncertainty.
- 11/28/2024
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US labor board judge rules Exxon's Texas refinery union lockout was legal
- A U.S. National Labor Relations Board administrative law judge has ruled Exxon Mobil's 10-month-long lockout of some 600 union workers at a Texas oil refinery during a contract dispute was legal.
- 11/27/2024
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Exclusive: Exxon lobbyist investigated over hack-and-leak of environmentalist emails, sources say
- The FBI has been investigating a longtime Exxon Mobil consultant over the contractor's alleged role in a hack-and-leak operation that targeted hundreds of the oil company's biggest critics, according to three people familiar with the matter.
- 11/27/2024
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Exxon's low carbon strategy make it top stock pick for next five years
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA)'s investments in low carbon markets provided long-term growth opportunities for the energy company, analysts at UBS believe. “Exxon's growing Low Carbon business is one of the five key drivers behind our view that Exxon is the best stock across our coverage to own for the next five years,” analysts wrote in a note to clients.
- 11/27/2024
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ExxonMobil Downplays Major Drilling Boosts, Stresses Discipline
- XOM rejects aggressive drilling despite Trump's pro-energy agenda, focusing on disciplined growth and efficiency in shale production.
- 11/27/2024
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XOM Exits Block 52 Offshore Suriname, Petronas Takes Full Ownership
- ExxonMobil's decision to exit Block 52 is part of a broader effort by the U.S. energy giant to evaluate its assets and optimize its global portfolio.
- 11/26/2024
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My Best Dividend Aristocrats For December 2024
- The ProShares S&P 500 Dividend Aristocrat ETF is up 10.26% year-to-date through October. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 40 months of tracking these strategies, two strategies are generating a CAGR superior to NOBL.
- 11/26/2024
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US oil producers unlikely to shift to 'drill, baby, drill' mode, says Exxon executive
- U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.
- 11/26/2024
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5 Best CEFs This Month For 8.5% Yield (November 2024)
- For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
- 11/24/2024
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Top Wall Street analysts are bullish on these dividend stocks
- TipRanks' analyst ranking service highlights three dividend-paying stocks, including Exxon Mobil and Walmart.
- 11/24/2024
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World War 3 May Be Back On – Grab These Strong Buy High-Yield Integrated Oil Giants Now
- Over the years, the energy trade has often been considered an old-school relic.
- 11/23/2024
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ExxonMobil Stock: Buy, Sell, or Hold?
- ExxonMobil Stock: Buy, Sell, or Hold?
- 11/23/2024
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ExxonMobil Schedules Drilling Activity Offshore Cyprus in 2025
- XOM, like many other major energy companies, is trying to explore new energy reserves in the Mediterranean region to diversify from Russia.
- 11/22/2024
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Baby Boomers Hit the Passive Income Lottery With 5 Blue-Chip Dividend Stocks
- Key Points It's likely the Federal Reserve will lower interest rates by another 25 basis points in December.
- 11/22/2024
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Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
- U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water block, the South American country's vice president said on Thursday.
- 11/21/2024
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Oil Price Ticks Lower on Inventory Gain, China Weakness
- With oil unable to reclaim the $70 per barrel, investors interested in the sector could benefit from focusing on resilient stocks like EOG, XOM and DVN.
- 11/21/2024
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Exxon, under fire over plastic recycling, spending $200 mln to expand Texas plants
- Exxon Mobil Corp , which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics recycling that allows it to replace fossil fuels with discarded bottles and bags, the company said on Thursday.
- 11/21/2024
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ExxonMobil to Expand Advanced Recycling Capacity
- SPRING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE: XOM) plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per year by 2027. “We are solutions providers, and this multi-million-dollar inve.
- 11/21/2024
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The Higher They Soar, The More I Buy
- My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of the moment in the sector.
- 11/21/2024
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Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy
- AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by November 2025 for top-ten F500IL dogs, with Energy Transfer as the standout “safer” choice. Eight F500IL stocks show negative free cash flow margins, making them unsafe buys; price drops or dividend increases could make top-yield F500IL fair-priced.
- 11/20/2024
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Oil is Going to $50 A Barrel, and Investors Can Line Up Now To Profit (XOM, CVX, AMLP)
- [00:00:00] Doug: We've got a very interesting situation with oil right now.
- 11/20/2024
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Exxon Mobil signs non-binding lithium supply deal with LG Chem
- Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts maker LG Chem , the oil giant's second agreement to supply the electric vehicle battery metal from its proposed Arkansas project.
- 11/20/2024
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LG Chem and ExxonMobil sign MOU for lithium offtake
- SPRING, Texas & SEOUL, South Korea--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil's planned project in the U.S. to LG Chem's cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S. “America needs secure domestic supply of critical minerals like lithium,.
- 11/20/2024
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What Investors Should Note From IEA's Latest Oil Market Report
- Investors interested in the sector could benefit from focusing on resilient stocks like EOG Resources, ExxonMobil and Devon Energy.
- 11/19/2024
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Crack Spread to Soar: Add MPC, XOM and PSX to Your Watchlist
- Favorable crack spread will aid refining margins of Phillips 66, Marathon Petroleum and Exxon Mobil.
- 11/19/2024
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Traders Are Flocking Back to Oil: What's Fueling the Optimism
- After a few months of lackluster price action in the energy sector, most investors have shied away from some of the best names in the sector, especially those in the crude oil industry. Whether the news about the current oil demand makes sense or not, investors need to think of the energy space as one of the most under-owned market corners today.
- 11/19/2024
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 11/19/2024
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Exxon Mobil Is A Bargain
- Exxon Mobil's strong free cash flow and earnings power, supported by high petroleum prices and OPEC+ price support, make it a top energy investment for 2025. The acquisition of Pioneer Resources enhances Exxon Mobil's Permian footprint, boosting its long-term potential for earnings and free cash flow growth. Exxon Mobil's upstream segment, generating 72% of earnings, saw significant growth in oil-equivalent production in Q3'24.
- 11/19/2024
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Post-Election Rally Stalls, But These 3 Stocks Can Keep Going
- Right after the United States presidential election, markets seemed pleased with the results and the potential new policy paths that might develop in the coming years. What might eventually be termed the “everything rally” the days after the election, when virtually every asset class saw bullish price action, is starting to cool off.
- 11/18/2024
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Nigeria Energy: Seplat's Exxon Deal, Dangote Refinery Capacity
- After Nigeria approved Exxon Mobil's sale of its onshore oil and gas assets to domestic energy supplier Seplat, Bloomberg's Anthony Osae-Brown examines what this means for the nation. This comes amid news that the Dangote refinery -- the largest on the continent -- is operating at almost 70% capacity.
- 11/16/2024
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All It Takes Is $6,000 Invested in ExxonMobil to Help Generate Over $200 in Passive Income Per Year
- ExxonMobil's focus on oil and gas production quality is paying off.
- 11/16/2024
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XOM Announces Workforce Restructuring Plans Post Pioneer Merger
- Following the acquisition of Pioneer Natural Resources, Exxon Mobil plans to streamline the workforce and implement cost-saving measures.
- 11/15/2024
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Exxon Mobil CEO says he would encourage the Trump administration to stay in the Paris Agreement
- Darren Woods, Exxon Mobil CEO, says "the Trump administration can bring a common sense approach to the discussion, so I would encourage them to stay in the Paris Agreement."
- 11/13/2024
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Exxon Mobil CEO on energy policy under Trump administration
- Exxon Mobil CEO and chairman Darren Woods, while attending the COP29 climate summit on Tuesday, discussed the impact of President-elect Trump's energy policy on oil production outlook.
- 11/12/2024
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Exxon CEO says Trump won't be able to ‘unleash' new energy production
- President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation's largest energy company is doubtful he can make good on that promise.
- 11/12/2024
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Exxon to sell older Permian assets to Hilcorp in $1 billion deal, sources say
- Top U.S. oil producer Exxon Mobil Corp has agreed to sell conventional oil drilling assets in the Permian Basin of Texas and New Mexico to privately-owned Hilcorp Energy for around $1 billion, four sources familiar with the matter told Reuters.
- 11/12/2024
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Exxon CEO says Trump should keep U.S. involved in global effort to address climate change
- The U.S. should continue to influence global climate change policy under a second Trump administration, Exxon CEO Darren Woods said. President-elect Donald Trump withdrew the U.S. from the Paris climate agreement in 2017 and is expected to do so again in his second term
- 11/12/2024
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Exxon Mobil CEO Darren Woods: The world needs to have a long-term approach to reducing emissions
- Exxon Mobil CEO and chairman Darren Woods joins 'Squawk Box' to discuss the COP29 Conference in Azerbaijan, long-term approach to reducing emissions, impact of President-elect Trump's energy policy on oil production outlook, and more.
- 11/12/2024
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Strong Fundamentals Driving Exxon Mobil Stock Amid Geopolitical Uncertainty
- After a 24% rise since the beginning of 2024, at the current price of around $121 per share, we believe Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas - and North America's largest energy company by market cap - could see gains in the longer term with limited growth potential in the near term. XOM stock has increased from around $99 to $121 year-to-date.
- 11/12/2024
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Exxon Says Trump Should Keep U.S. in Paris Climate Pact
- In an interview, Exxon Mobil CEO Darren Woods says President-elect Trump's plan to pull U.S. out of the Paris agreement is a bad idea.
- 11/12/2024
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ExxonMobil Acquires FPSO Prosperity in Guyana for $1.23 Billion
- XOM concludes the purchase of FPSO Prosperity from SBM Offshore before the expiration of the maximum lease term of the FPSO.
- 11/11/2024
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Want Reliable Income? These 5 Stocks Have Raised Their Dividend Over the Last 4 Recessions.
- A study by Harford Funds shows that companies that raise their dividends outperform those that don't, with significantly less volatility.
- 11/09/2024
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The Secret to How ExxonMobil Has Transformed Into a Much More Profitable Energy Company
- The energy giant's strategy has fundamentally improved its ability to make money.
- 11/09/2024
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 11/08/2024
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17 Upcoming Dividend Increases
- This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holding, and adding companies with consistent dividend increases and superior performance compared to benchmarks. The list is created using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, featuring companies with at least five years of dividend growth.
- 11/06/2024
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AMZN, PLTR, LMT & XOM: Names to Watch Heading Into 2025
- Andrew Arons says the markets are entering a "nice, seasonal pattern" heading into the end of 2024. He's a bull after Donald Trump was elected to the Oval Office for a second term.
- 11/06/2024
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3-Stock Lunch: Gold, Exxon Mobil & General Mills
- Boris Schlosberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss stock plays for three stocks.
- 11/06/2024
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Exxon expects final investment decision for Mozambique LNG project in 2026
- ExxonMobil now expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company said on Wednesday, pushing back the financial go-ahead by roughly a quarter.
- 11/06/2024
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Oil Stocks Rise as Trump Prepares to Return to Presidency
- U.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.
- 11/06/2024
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Exxon Mobil: Don't Get Your Hopes Up (For Now)
- Exxon Mobil's stock continues to underperform the market, and investors should have expected that. Short-term headwinds for the stock remain, and we might see better entry points in the next 12-month period. Exxon, however, remains well-positioned in the long run, which makes the stock a solid hold for the time being.
- 11/06/2024
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Wall Street Bulls Look Optimistic About Exxon (XOM): Should You Buy?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 11/05/2024
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ExxonMobil is 1 of Less Than 4% of S&P 500 Members to Achieve This Rare Feat
- Exxon is in an elite group of dividend stocks.
- 11/05/2024
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Exxon Mobil Stock Is Too Expensive
- Exxon Mobil Corporation is a great company with a fantastic portfolio of low-cost assets. The company is continuing to pay a respectable growing dividends and buyback stock, but returns are capped by FCF. With short-term price concerns and long-term demand concerns, the company's yield isn't high enough to justify investing.
- 11/04/2024
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How Should Investors Play ExxonMobil Shares Post Q3 Earnings?
- In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major component in electric vehicle batteries.
- 11/04/2024
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Exxon Mobil Q3 Earnings Impress Analysts With Record Production, Dividend Hike
- Shares of Exxon Mobil Corp XOM climbed in early trading on Monday, after the company reported upbeat third-quarter earnings.
- 11/04/2024
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Exxon Mobil: Downgrading One Of My Largest Stock Holdings
- Although Exxon Mobil beat earnings and raised the dividend, earnings growth trajectories are still negative when looking at the last 3 years of growth. This is my largest holding due to a large bet in 2020, but I am now not adding at this time. Exxon is finally selling at a premium to the Graham Number, signaling it may not be a great time to buy.
- 11/04/2024
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ExxonMobil Is the Best Oil Stock (and These Numbers Prove It)
- ExxonMobil delivered industry-leading results and shareholder returns in the third quarter.
- 11/02/2024
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Exxon and Chevron Report Sluggish Profits
- Oil-and-gas giants Exxon Mobil (XOM) and Chevron (CVX) surpassed subdued third-quarter earnings expectations Friday. But substantially weaker profit margins for refined products, reflecting lower summer fuel prices, dropped overall net income for both companies from a year ago.
- 11/01/2024
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Exxon Mobil Q3 Earnings Top Estimates on Higher Liquids Production
- XOM Q3 earnings gain on production growth from its Guyana and Permian Basin resources. Revenues decline year-over-year over lower commodity price realizations.
- 11/01/2024
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Exxon Mobil Corporation (XOM) Q3 2024 Earnings Call Transcript
- Exxon Mobil Corporation (NYSE:XOM ) Q3 2024 Earnings Conference Call November 1, 2024 9:30 AM ET Company Participants Jim Chapman - Treasurer, and Vice President of Investor Relations Darren Woods - Chairman, and Chief Executive Officer Kathy Mikells - Senior Vice President, and Chief Financial Officer Conference Call Participants Devin McDermott - Morgan Stanley Neil Mehta - Goldman Sachs Doug Leggett - Wolfe Research John Royall - J.P. Morgan Betty Jiang - Barclays Capital Bob Brackett - Bernstein Research Jean Ann Salisbury - Bank of America Biraj Borkhataria - RBC Capital Markets Ryan Todd - Piper Sandler Paul Cheng - Scotiabank Jason Gabelman - Cowen & Company Roger Read - Wells Fargo Jim Chapman Good morning, everyone.
- 11/01/2024
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Wall Street Awaits ISM Manufacturing Index Data
- The long-awaited Employment Situation report from the U.S. Bureau of Labor Statistics (BLS) is out this morning. At first glance, it looks paltry: 12K new jobs were filled in October, with downward revisions to the previous two months.
- 11/01/2024
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Exxon Mobil CEO on California lawsuit: 'We're obviously going to fight that'
- Exxon Mobil chairman and CEO Darren Woods discusses the California lawsuit against the company.
- 11/01/2024
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ExxonMobil vs. Chevron: What's the Better Buy?
- Earnings season continues to move rapidly, with a notably rich reporting docket this week. A few big-tech names and representatives from many sectors have delivered their quarterly prints, with next week just as exciting.
- 11/01/2024
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2 Oil Giants Buzzing After Earnings
- Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) just had their turn in the earnings confessional.
- 11/01/2024
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Exxon Mobil chairman and CEO on increasing production based on election results
- Exxon Mobil chairman and CEO Darren Woods on Friday discussed the potential impact of 2024 election on the company.
- 11/01/2024
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Exxon, Chevron top Q3 profit expectations on record high oil output
- U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record high oil production cushioned the blow from a plunge in fuel margins.
- 11/01/2024
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Exxon Q3 revenue miss offset by profit beat
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) reported mixed results for the third quarter, with profit ahead of expectations but revenue falling short. Profits were $8.6 billion or $1.92 per share, above estimates of $1.91.
- 11/01/2024
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INTC Rebounds, BA Offers New Union Deal, Beat Fuels CVX & XOM
- Diane King Hall says Intel (INTC) "threw everything and got all the bad out" in its latest earnings report, boosting investor confidence. Boeing (BA) pens yet another deal to its striking mechanist union that includes a larger wage raise.
- 11/01/2024
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Exxon CEO on U.S. election: 'Not sure how drill, baby, drill translates into policy'
- Exxon CEO Darren Woods said U.S. shale oil production does not face external constraints. Production levels in the U.S. are driven by the oil and gas industry deploying capital to generate shareholder returns, Woods said.
- 11/01/2024
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Exxon Mobil CEO Darren Woods on Q3 results: Company transformation is beginning to manifest itself
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, which beat third-quarter earnings expectations as the oil major reached its highest liquids production level in more than four decades, oil production outlook, impact of 2024 election, California lawsuit, and more.
- 11/01/2024
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Exxon Mobil (XOM) Tops Q3 Earnings Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $2.27 per share a year ago.
- 11/01/2024
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3 Large-Cap Stocks Primed for a Year-End Melt-Up Rally
- Now that the U.S. economy is going through a potential scenario of inflation sparking up once again, investors might be wary of where to invest their capital accordingly so that inflation doesn't erode their buying power but also wisely enough so that losses don't come their way to add onto the potential inflation risks coming ahead.
- 11/01/2024
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Exxon earnings beat, increases fourth-quarter dividend
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 11/01/2024
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Exxon Mobil's stock up as profit beat offsets revenue shortfall and company raises dividend
- Exxon Mobil Corp.'s stock rose 1.8% early Friday, after the oil giant's third-quarter earnings showed a profit beat that offset a revenue miss and the company boosted its quarterly dividend by 4%.
- 11/01/2024
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Exxon earnings beat, increases fourth-quarter dividend
- Exxon beat Wall Street's earnings expectations, though its profits fell slightly compared to the year ago period. The oil major booked net income of $8.61 billion in the quarter, or $1.92 per share.
- 11/01/2024
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Exxon's $8.6 billion profit beats as volume offsets price weakness
- Exxon Mobil on Friday beat Wall Street's third quarter profit estimate, boosted by strong oil output in its first full quarter that includes volumes from U.S. shale producer Pioneer Natural Resources.
- 11/01/2024
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ExxonMobil Announces Third-Quarter 2024 Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM): Results Summary 3Q24 2Q24 Change vs 2Q24 Dollars in millions (except per share data) YTD 2024 YTD 2023 Change vs YTD 2023 8,610 9,240 -630 Earnings (U.S. GAAP) 26,070 28,380 -2,310 8,610 9,240 -630 Earnings Excluding Identified Items (non-GAAP) 26,070 28,609 -2,539 1.92 2.14 -0.22 Earnings Per Common Share 4 6.12 6.98 -0.86 1.92 2.14 -0.22 Earnings Excl. Identified Items Per Common Share (non-GAAP).
- 11/01/2024
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ExxonMobil sells French Fos-sur-Mer refinery to Trafigura consortium
- ExxonMobil's Esso division has completed the sale of the Fos-sur-Mer refinery - one of France's major refineries - and two other oil terminals to Trafigura consortium firm Rhone Energies, the companies said on Friday.
- 11/01/2024
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Exxon Mobil Is Both Cheaper And Better Than Occidental Petroleum
- I am overall bullish on the energy sector given the currently compressed oil prices, and sector leader XOM is particularly attractive. Compared to close peer OXY and the overall sector, XOM offers better profitability metrics and balance sheet strength. Yet, XOM trades at a lower valuation than OXY.
- 10/30/2024
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Exxon Mobil: As Dear As Salt
- Demand and supply dynamics appear favorable for oil and gas companies. By 2030, 60% of U.S. power demand is expected to be dependent on fossil fuels. Exxon Mobil Corporation is heavily invested in LNG, which is experiencing a significant expansion in demand.
- 10/30/2024
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Exxon Mobil: What Can We Expect From Q3 Earnings?
- Exxon Mobil Corporation will report its Q3 results on Friday. Analysts expect a small revenue decline and a more substantial earnings per share decline. XOM stock has outperformed its peers so far this year and has risen while oil prices pulled back. This has made Exxon Mobil somewhat expensive.
- 10/30/2024
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The Big 3: XOM, VIX, NVDA
- @Theotrade's Don Kaufman joins today's Big 3 to explain his bullishness on Exxon Mobil (XOM) and the CBOE Market Volatility Index (VIX). When it comes to Nvidia (NVDA), Don leans bearish.
- 10/30/2024
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ExxonMobil Announces Licensing Agreement to Expand Proprietary Rebar Processing Technology to Global Markets
- SPRING, Texas--(BUSINESS WIRE)--ExxonMobil announced today a strategic licensing agreement with Neuvokas Corporation, producer of GatorBar®, an industry leading glass fiber reinforced polymer (GFRP) composite rebar. Under this agreement, ExxonMobil has obtained exclusive rights to sub-license Neuvokas' proprietary manufacturing process in markets outside of North America. This collaboration marks a significant step towards expanding the global market of composite rebar within the concrete reinf.
- 10/30/2024
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Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts
- In the latest trading session, Exxon Mobil (XOM) closed at $118.90, marking a -0.49% move from the previous day.
- 10/28/2024
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Stock Of The Day: Can Exxon Mobil's Selloff Reverse At Critical Support Zone?
- Oil is making a big move lower, with some analysts attributing the decline to Israel's decision not to target Iranian oil facilities.
- 10/28/2024
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/28/2024
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3 Oil Stocks to Watch Before Earnings Come Out
- Earnings season can be a volatile period for stock ownership due to the uncertainty surrounding whether the underlying companies' results will beat or disappoint. However, there are ways for investors to gauge the trends behind certain companies, landing them on the bullish or bearish side of earnings expectations.
- 10/28/2024
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The 2 Best High-Yield Energy Stocks in Vanguard High Dividend Yield ETF
- These investments can produce a lot of passive dividend income.
- 10/28/2024
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Exxon, Chevron Stocks Slip as Oil Prices Tumble. Why They May Fall Further.
- Oil stocks fell Monday after Israel's strike on Iran avoided the country's oil facilities.
- 10/28/2024
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Apple, Microsoft, Exxon, and More Stocks to Watch
- Third-quarter earnings reports from Alphabet, Chipotle, Eli Lilly, Meta Platforms, Microsoft, Amazon.com, and Apple. Plus, October jobs data and third-quarter GDP.
- 10/27/2024
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3 Dividend Stocks to Double Up on Right Now
- While tech-based growth stocks might seem like the right play, you can't ignore dividends if you want to have a strong portfolio.
- 10/27/2024
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ExxonMobil, QatarEnergy Secure Extension for Golden Pass LNG Project
- XOM secures a 3-year extension for the Golden Pass LNG project, aiming to overcome delays and complete the Texas facility by the end of 2025 despite contractor bankruptcy challenges.
- 10/25/2024
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Exxon Mobil (XOM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Exxon (XOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/25/2024
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3 Sweet Dividend Stocks to Treat Your Portfolio With This Halloween
- There are more reasons to buy these stocks besides their high payouts.
- 10/25/2024
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Exxon Mobil, Qatar get 3-year extension to build Texas LNG plant
- Federal regulators on Thursday gave an Exxon Mobil and Qatar Energy LNG joint venture a 3-year extension to finish building their Golden Pass LNG plant, a regulatory document showed.
- 10/24/2024
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ExxonMobil to Release Third Quarter 2024 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its third quarter 2024 financial results on Friday, November 1, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the results during a live c.
- 10/22/2024
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ExxonMobil's $1.28B Asset Sale to Seplat Gets Nigeria's Approval
- Nigeria approves XOM's $1.28 billion sale of onshore assets to Seplat Energy, ending over two years of regulatory delays and marking a shift toward offshore investments.
- 10/22/2024
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Exxon Mobil (XOM) Rises As Market Takes a Dip: Key Facts
- In the most recent trading session, Exxon Mobil (XOM) closed at $120.08, indicating a +0.06% shift from the previous trading day.
- 10/21/2024
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Exxon Mobil: Buy Before Earnings (Rating Upgrade)
- Exxon Mobil's recent bullish breakout was driven by strong Q2 results, with earnings of $2.14 per share and revenue of $93.06 billion. Despite YTD profit losses of -9%, Exxon saw a 15% quarterly gain in production, supported by record levels in the Permian and Guyana. Exxon's forward P/E valuation is 14.89x, comparable to Chevron but higher than Shell and BP, suggesting room for growth.
- 10/21/2024
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Nigeria approves Exxon-Seplat $1.28 billion deal, oil regulator says
- Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy , the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
- 10/21/2024
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The Top Energy Stock Billionaire Investors Are Buying Hand Over Fist
- Energy has been the worst-performing sector over the past year, returning less than 1% compared to a 34% gain by the S&P 500.
- 10/19/2024
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3 Fortune 500 Industry Leaders Boast Ideal October Dividends
- The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per YCharts data 10/16/24. Those 66 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 66 were private or foreign exchange listed firms, not tracked by YCharts, leaving 63-listed. 57 dividend-yielding stocks led those 63 industry leaders and ranged 0.03% to 8.13% in annual yield and ranged -12.12% to 55.72% in broker-estimated one-year target-price-upsides.
- 10/19/2024
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Oil Prices Fall, Sector Pulls Back: Time to Buy this Stock?
- The energy sector and WTI crude oil prices spiked following the escalation in the Middle East after Iran launched a missile attack on Israel earlier this month. Initial fears of conflict disrupting global oil supplies, mainly through the vital Strait of Hormuz.
- 10/18/2024
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Want Decades of Passive Income? 2 Stocks to Buy Right Now
- You can trust these two industry stalwarts for their proven track records, strong financials, market leadership, and durable growth.
- 10/17/2024
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ExxonMobil Eyes $500M Sale of Bakken Shale Assets in North Dakota
- XOM plans to sell part of its North Dakota Bakken shale assets. This move is expected to generate more than $500 million as the company refocuses on high-growth regions.
- 10/16/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/16/2024
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A Market Crash Could Ruin Baby Boomers: 5 Safe High-Yield Dividend Stocks and Advice
- 24/7 Wall St. Insights The 2025 Social Security COLA will be only 2.5%.
- 10/16/2024
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3 Incredible Dividend Stocks That Just Hit All-Time Highs but Could Have More Room to Run
- These companies are rewarding their shareholders with dividends and capital gains.
- 10/16/2024
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What Investors Should Note From OPEC's Monthly Oil Market Report
- Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil and Devon Energy.
- 10/15/2024
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Exxon seeks buyers for portion of assets in North Dakota's Bakken shale
- Top U.S. oil producer Exxon Mobil Corp plans to sell a portion of its assets in North Dakota's Bakken shale formation, the company told Reuters on Tuesday.
- 10/15/2024
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Why ExxonMobil, Shell, and ConocoPhillips Stocks Dropped Tuesday
- Can you afford to wait another year for oil prices to rise? Can you afford not to buy oil stocks before they do?
- 10/15/2024
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Exxon Mobil (XOM) Advances But Underperforms Market: Key Facts
- In the most recent trading session, Exxon Mobil (XOM) closed at $124.08, indicating a +0.38% shift from the previous trading day.
- 10/14/2024
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Guerilla Litigation: California AG Sues ExxonMobil Over Plastics
- California's Attorney General Rob Bonta has sued ExxonMobil because unrecycled plastic waste has accumulated in California. The lawsuit claims ExxonMobil has misled the public for decades over the ability to recycle plastic waste, and that plastics recycling was, to paraphrase, overhyped.
- 10/14/2024
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ExxonMobil Secures Largest U.S. Offshore CO2 Storage Site
- XOM strengthens its carbon capture position by securing the largest U.S. offshore CO2 storage site, further supporting emission reduction and advancing net-zero goals.
- 10/14/2024
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5 Blue Chip Dividend Stocks to Own If You Had to Hold Them Forever
- 24/7 Wall St. Insights Dividend stocks will get a solid tailwind from falling interest rates.
- 10/13/2024
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3 No-Brainer Stocks to Buy if Donald Trump and Republicans Sweep in November
- GOP policies could work to the advantage of these three stocks.
- 10/12/2024
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4 Permian-Focused Energy Stocks to Put in Your Watchlist
- EOG, FANG, XOM and CVX, with their vast resources and strategic positioning, are poised to leverage the Permian Basin's output for substantial returns.
- 10/11/2024
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The Zacks Analyst Blog ExxonMobil's, APA, TotalEnergies', Eni SpA and EQT
- ExxonMobil's, APA, TotalEnergies', Eni SpA and EQT are included in this Analyst Blog.
- 10/11/2024
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Exxon, Chevron Earnings Face This Risk After BP Profit Warning
- The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as well as increased supply from new refineries in Asia and the Middle East.
- 10/11/2024
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Exxon Mobil: 15x Profit Multiple, Upcoming Dividend Hike, 3% Yield
- Exxon Mobil is set to benefit from higher crude oil prices and expanding production, particularly from its recent Permian asset acquisition. The stock has strong momentum, breaking above key moving averages, and is expected to announce a dividend increase soon. The U.S. economy's solid labor market and moderating inflation further support XOM's bullish outlook.
- 10/11/2024
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After Hitting an All-Time High, Is ExxonMobil the Best Energy Dividend Stock to Buy Amid Rising Oil Prices?
- ExxonMobil continues to outperform other integrated oil and gas majors.
- 10/11/2024
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Exxon Mobil hits all-time highs but still has more upside—here's why
- XOM is trading just below its all time highs. Scotiabank analysts believe there is more upside, driven by global conflicts and a strong asset portfolio.
- 10/10/2024
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Bullish On Oil? Check Out These 5 Energy Dividends
- If you're reading this, I assume you are already bullish on oil. Or at least intrigued by the upside possibility.
- 10/10/2024
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ExxonMobil Announces Major Progress In Carbon Capture Project
- ExxonMobil continued the advancement of its carbon capture and storage plans with a pair of major announcements this week.
- 10/10/2024
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ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO). The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader. “This is yet another sign of our commitment to CCS and the strides we've been able to make,” said Dan Ammann, president.
- 10/10/2024
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ExxonMobil-led consortium to continue seismic research for gas off Crete, says Greece
- An ExxonMobil-led consortium will move to the second phase of seismic research for gas exploration in a block off the Greek island of Crete, Greece said on Thursday.
- 10/10/2024
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Exane BNP Paribas Downgrades ExxonMobil (XOM) Rating and Lowers Price Target
- Exane BNP Paribas has revised its rating for ExxonMobil (XOM, Financial) from "Neutral" to "Underperform".
- 10/09/2024
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3 Energy Stocks With Juicy Dividend Yield to Watch: CVX, PSX, XOM
- Three energy stocks, Chevron, Phillips 66 & ExxonMobil, are well-poised to gain, although the energy market is extremely volatile.
- 10/08/2024
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If I Could Only Buy 3 Dividend Aristocrats For The Next Year
- My investing strategy focuses on buying dividend stocks with strong growth prospects, durable business models, and solid balance sheets, holding them indefinitely if the thesis remains intact. However, when allocating fresh capital, I do not completely ignore current trends and macro conditions. This article discusses three high-yield dividend aristocrats that are particularly attractive due to current macro conditions.
- 10/08/2024
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Exxon Mobil Stock on the Move: Why a 30% Surge Is Just the Start
- Exxon Mobil NYSE: XOM is still a cheap stock, but the value won't last long. Technically speaking, the market has broken a significant resistance point and is on track to hit the $138 level soon and $200 over the next 12 to 24 months.
- 10/08/2024
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Exxon Mobil (XOM) Increases Despite Market Slip: Here's What You Need to Know
- Exxon Mobil (XOM) concluded the recent trading session at $125.37, signifying a +0.43% move from its prior day's close.
- 10/07/2024
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ExxonMobil Warns of $1B Hit to Q3 Earnings Amid Falling Oil Prices
- XOM anticipates a decrease in crude prices to reduce $600 million to $1 billion in upstream profit.
- 10/07/2024
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Oil Stocks Rise: Chevron, ExxonMobil, and Others Show Gains
- Shares of major oil companies experienced notable increases. Chevron (CVX) and ExxonMobil (XOM, Financial) both saw their stock prices rise by 1.2%.
- 10/07/2024
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Exxon Mobil Stock Trades On Future Prospects
- Exxon Mobil's stock recently hit a new high. The market appears to be finally seeing the effects of Exxon Mobil's growth and income strategy. Oil and gas is historically cheap, but it will likely return to historical valuations. Expect Exxon Mobil common stock to lead the way.
- 10/07/2024
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ExxonMobil's Profits Are About to Fall. Is the Oil Stock Still a Buy?
- Exxon is a leader in making money in the oil patch.
- 10/07/2024
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Shell follows Exxon as it hits the downgrade button
- Shell PLC (LSE:SHEL, NYSE:SHEL) weighed in with what is likely to be part of a sectorwide rebasement of forecasts as it reported a sharp decline in refining profit margins for the third quarter due to weaker global demand. In a trading update ahead of its quarterly results, Shell noted that indicative refining margins fell by nearly 30%, dropping to $5.5 per barrel from $7.7 in the previous quarter.
- 10/07/2024
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Watch These ExxonMobil Price Levels as Stock Trades at Record High
- Shares in ExxonMobil (XOM) could remain in focus this week after setting a record high on Friday as investors bid up energy stocks over mounting concerns that escalating tensions in the Middle East could disrupt global oil supplies.
- 10/06/2024
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Big Oil Urges Trump Not to Gut Biden's Climate Law
- Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.
- 10/06/2024
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Exxon Mobil Just Broke Out And Remains Undervalued (Technical Analysis)
- Exxon Mobil's breakout from a two-year trading range, driven by rising oil prices due to Middle East tensions and Chinese stimulus, signals potential continued gains. The company's fair value is estimated at $140 per share, with potential for further growth from Permian Basin and Guyana developments, and continued increases in crude pricing. Exxon Mobil's dividend is well-covered and likely to increase, supported by higher oil prices and efficient cost management.
- 10/06/2024
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ExxonMobil Warns Lower Oil Prices and Refining Margins Will Hurt Q3 Profit
- ExxonMobil (XOM) warned that lower oil prices and refining margins will have a negative impact on third quarter results as compared to the previous quarter.
- 10/04/2024
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Stocks on the Move: Vistra, GE Vernova, Exxon and Apollo
- The Investment Committee discuss some stocks on the move and how to trade them.
- 10/04/2024
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Exxon Mobil Faces Q3 Challenges Amid Declining Oil Prices and Refining Margins
- Exxon Mobil (XOM, Financial) is set to report its Q3 results in late October, highlighting the impact of declining oil prices and weaker refining margins on its earnings. The company anticipates a hit to its Q3 profits due to these factors, with an estimated $600 million to $1 billion loss in its upstream business from softer oil prices and another $600 million to $1 billion loss from significantly lower industry refining margins, which are normalizing from the historically high levels of the previous year.
- 10/04/2024
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Reasons to Retain ExxonMobil Stock in Your Portfolio Now
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 10/04/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 10/04/2024
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If Oil Prices Jump Past This Level On Middle East Tensions These Stocks Could Kick Into Overdrive
- Oil stocks are looking to move higher, with Halliburton in the mix.
- 10/04/2024
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Want a Little More Income Out of ExxonMobil Stock? Don't Outsmart Yourself.
- ExxonMobil has a 3.2% yield, but what if you could jack that up to 26%? That's the pitch from YieldMax XOM Option Income Strategy ETF.
- 10/04/2024
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ExxonMobil (XOM) Forecasts Earnings Decline Amid Oil Price Volatility
- ExxonMobil (XOM, Financial) has announced through a regulatory filing that its third-quarter earnings from oil and gas production, also known as upstream earnings, are expected to decrease by $600 million to $1 billion due to fluctuations in oil prices. The energy giant's earnings are highly sensitive to changes in oil prices.
- 10/03/2024
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Should Investors Chase the Surge in Exxon Mobil (XOM) Stock?
- Surging back toward its 52-week highs, Exxon Mobil's (XOM) stock is starting to turn heads after a recent spike in crude oil prices.
- 10/03/2024
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My Top 10 High Dividend Yield Companies For October 2024: One Yields More Than 9%
- Companies that pay sustainable dividends not only offer dividend income, but also position your portfolio for capital appreciation. I will introduce you to 10 high dividend yield companies with sustainable dividends and an attractive Valuation that are worth considering investing in during the month of October 2024. Each pick could be a strategic component to raise your portfolio's Weighted Average Dividend Yield while simultaneously contributing to reducing volatility.
- 10/03/2024
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Exxon Mobil signals fall in third-quarter oil and gas earnings
- Exxon Mobil signaled in a regulatory filing on Thursday that changes in oil prices would reduce the energy major's third-quarter upstream earnings by $600 million to $1 billion.
- 10/03/2024
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Stock Of The Day: Is Exxon A Way To Profit From Higher Oil Prices?
- Political tensions and potential war in the Middle East have made the price of oil rip higher. This means there are opportunities to profit by investing or trading in the companies in the energy sector.
- 10/03/2024
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S&P 500 falls as oil prices go higher; NVIDIA, AMD, ExxonMobil, Chevron stocks up
- US markets dipped again on Thursday as escalating geopolitical tensions in the Middle East pushed oil prices higher. The Dow Jones Industrial Average fell 285 points, or 0.7% while the S&P 500 index was down 0.3% at 5,692.05.
- 10/03/2024
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Exxon's deal with unions at Port Jerome refinery to allow job-cutting plan to move ahead
- Energy major Exxon Mobil can move ahead with a plan to cut jobs at its Port Jerome refinery in northern France after obtaining a majority agreement this week with unions, a company spokesperson said on Thursday.
- 10/03/2024
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Energy Sector Rebound: 3 Stocks Poised for Strong Gains
- The energy sector is experiencing a sharp rebound following a significant escalation in Middle Eastern tensions after Iran launched a missile attack on Israel on October 1. While the immediate physical damage was minimal, the geopolitical consequences have been substantial, as fears of further conflict and disruptions to global crude oil supplies have escalated.
- 10/03/2024
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3 Oil Stocks to Watch Amid Middle East Conflict
- Oil stocks are back in focus, but not because of the U.S. presidential election.
- 10/02/2024
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The Big 3: DE, XOM, TSLA
- Today's Big 3 focuses on vehicle, equipment and energy suppliers. Scott Nations joins Rick Ducat and Nicole Petallides to break down the technical trends of Deere & Co. (DE), Exxon Mobil (XOM), and Tesla (TSLA).
- 10/02/2024
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Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 10/02/2024
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Energy Stocks Rise as Oil Jumps on Middle East Tensions
- Shares of energy giants, including ExxonMobil (XOM) and Chevron (CVX), are extending gains in premarket trading Wednesday as worries of a broader Middle East conflict lift oil prices.
- 10/02/2024
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What Stocks To Buy Today? 2 Oil Stocks To Watch
- Oil stocks to watch in the stock market today.
- 10/02/2024
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Exxon Mobil, Chevron, ConocoPhillips shares surge amid Middle East crisis
- US energy stocks surged in premarket trading on Wednesday, fueled by rising oil prices as escalating tensions in the Middle East triggered concerns over potential disruptions to global oil supplies.
- 10/02/2024
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3 Stocks to Watch as Oil Prices Surge After Iran's Attack on Israel
- Oil prices spike after Iran's missile strike on Israel, raising concerns about global supply disruptions. ExxonMobil, Chevron and EOG could profit from this geopolitical risk.
- 10/02/2024
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3 Stocks to Buy Now That Are on Their Way to Being Crowned Dividend Kings by 2045 (or Sooner)
- Reliable dividend growth is a core quality of these three blue chip companies.
- 10/02/2024
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Why ExxonMobil, Conoco Phillips, and Lockheed Martin Rallied on a Down Day for the Markets
- Heightened tensions in the Middle East caused the market to fall, but oil and defense stocks to rise.
- 10/01/2024
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Final Trades: Exxon, Chemed, Las Vegas Sands and the IEO
- The Investment Committee give you their top stocks to watch for the second half.
- 10/01/2024
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ExxonMobil Announces Launch of Signature Polymers
- A new portfolio brand focused on delivering best-in-class service and partnership in the polymers industry A new portfolio brand focused on delivering best-in-class service and partnership in the polymers industry
- 10/01/2024
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ExxonMobil's $1.28 Billion Nigeria Deal With Seplat Nears Approval
- Nigeria is set to approve XOM's $1.28B sale of its onshore assets to Seplat Energy, a move signaling the country's push for more foreign investments in the oil sector.
- 10/01/2024
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3 U.S. Oil Majors Reveal $42 Billion in Foreign Payments in 2023
- ExxonMobil, Chevron and ConocoPhillips paid more than $42 billion to foreign governments in 2023, eight times more than what they paid in the United States, according to new SEC disclosures.
- 10/01/2024
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Big oil's big payouts under strain as energy prices fall
- Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil prices after more than two years of bumper profits, analysts said.
- 10/01/2024
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October's Big Winners: Top 5 Stocks to Keep on Your Radar
- As October begins, investors are gearing up for what promises to be another eventful month in the markets. With interest rates, inflation, and geopolitical tensions continuing to influence investor sentiment, October presents a unique set of challenges and opportunities.
- 10/01/2024
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The Best Performing Energy Stocks Of Q3 2024
- The S&P 500 finished the third quarter of 2024 with a gain of 5.5%, with all three major U.S. indices recording quarterly advances, though the Nasdaq lagged behind.
- 10/01/2024
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Exxon-Seplat $1.28 billion deal approval imminent, Nigeria president says
- Exxon Mobil Corp's deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance from the regulator, President Bola Tinubu said on Tuesday.
- 10/01/2024
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Exxon Mobil (XOM) Exceeds Market Returns: Some Facts to Consider
- Exxon Mobil (XOM) reachead $117.22 at the closing of the latest trading day, reflecting a +1.21% change compared to its last close.
- 09/30/2024
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Exxon Mobil, Visa Among 17 Companies To Announce Annual Dividend Increases In October
- 17 long-term dividend growth companies will announce their annual increases in October. I provide predictions of the dividend increases from these companies in this article. Included among these are Exxon Mobil, Visa and AbbVie, along with chemical company RPM which is starting its second half century of dividend growth. Ten of the 13 companies that I provided predictions for in September announced increases, including McDonald's and Microsoft.
- 09/30/2024
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Is ExxonMobil Stock a Buy?
- ExxonMobil is one of the largest and most diversified energy companies in the world. The stock's performance tends to mirror oil price movements.
- 09/29/2024
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3 More Stocks Billionaires Are Buying Now
- Tom Yeung here with this week's Sunday Digest. Last week, I discussed the contrarian bets that billionaire investors often make.
- 09/29/2024
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Exxon director joins Elliott group seeking to acquire Citgo Petroleum
- Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum.
- 09/28/2024
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ExxonMobil Secures 20-Year Access to Guangdong Energy's LNG Terminal
- The agreement with Guangdong Energy Group in China should allow XOM to use the terminal to handle 1.8 million tons of LNG per year.
- 09/27/2024
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Why ExxonMobil, ConocoPhillips, and Shell Stocks Dropped Today
- Continued worries over the effects of a production boost at OPEC+ hurt crude oil prices on Thursday. Additionally, China's economy looks weaker than at any time in the last six months, implying weak demand on top of strong supply.
- 09/26/2024
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Exxon plans $10 billion oil investment in Nigeria, presidency says
- Exxon Mobil Corp has proposed a $10 billion investment in offshore oil operations in a new investment push in Nigeria, a presidential spokesperson said on Thursday, citing company executives.
- 09/26/2024
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The Big 3: XOM, COST, CAT
- Today's Big 3 focuses on stocks trading at or near their all-time highs. Do they have potential for a breakout?
- 09/25/2024
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Explainer: California says Exxon's recycling claims created a 'public nuisance.' What does that mean?
- California's lawsuit on Monday accusing Exxon of fueling global plastic waste pollution by misleading the public about the limitations of recycling is the latest in a line of recent cases based on a centuries-old legal theory known as public nuisance. Here is a look at how public nuisance claims work, how such claims have fared and what it might mean for California's effort.
- 09/25/2024
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California attorney general accuses Exxon Mobil of deception in plastic recycling claims
- Exxon Mobil Corp (NYSE: XOM) is under scrutiny following a lawsuit filed by California's Attorney General, Rob Bonta, who accuses the energy giant of misleading the public about its plastic recycling efforts.
- 09/24/2024
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5 Blue Chip Dividend Giants Passive Income Investors Can Always Count On
- 24/7 Wall St. Insights The futures market has priced in a 100% chance of a September rate cut.
- 09/24/2024
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ExxonMobil Faces California Lawsuit Over Plastic Wastage
- California files a lawsuit against XOM, accusing the company of contributing to global plastic pollution by misleading the public about recycling's effectiveness.
- 09/24/2024
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California AG Rob Bonta on Exxon Mobil lawsuit: They lied to the world
- California Attorney General Rob Bonta joins 'Squawk Box' to discuss the state's lawsuit against Exxon Mobil, alleging deception about plastics recycling, the problems with the company's advanced recycling approach, and more.
- 09/24/2024
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Exxon Mobil To $120? Here Are 10 Top Analyst Forecasts For Tuesday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- 09/24/2024
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California Targets ExxonMobil With Plastics Recycling Lawsuit
- California's ambitious attorney general, Rob Bonta, filed his long-expected lawsuit targeting ExxonMobil related to plastics recycling Monday, a move that will no doubt result in years of litigation that will linger on long after Bonta has moved on to seek his next political office. It is a case Bonta and his office have hinted at bringing over the course of a two-year investigation into plastics recycling practices in the state.
- 09/24/2024
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Exxon Mobil (XOM) Exceeds Market Returns: Some Facts to Consider
- Exxon Mobil (XOM) closed the most recent trading day at $117.36, moving +1.81% from the previous trading session.
- 09/23/2024
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Exxon Lied About Plastics Recycling, California Suit Alleges
- Exxon deceived the public by falsely claiming in its advertising that all plastic is recyclable, the suit claims.
- 09/23/2024
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California sues Exxon over global plastic pollution
- California has filed a lawsuit against oil giant Exxon Mobil over its alleged role in global plastic waste pollution, its attorney general announced on Monday.
- 09/23/2024
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Profit Over Planet: Surfrider, the Sierra Club, Heal the Bay, and San Francisco Baykeeper Sue Exxon for Hiding the Truth About Plastic Harms
- SAN FRANCISCO--(BUSINESS WIRE)--Today, a coalition of non-profit environmental organizations including the Surfrider Foundation, the Sierra Club, Heal the Bay, and San Francisco Baykeeper, represented by Cotchett, Pitre & McCarthy, filed a lawsuit against ExxonMobil (“Exxon”), the world's largest producer of single-use plastic polymers. The complaint, filed in San Francisco County Superior Court, alleges violations of California nuisance law and California unfair competition law and alleges.
- 09/23/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 09/23/2024
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2 Stocks Ray Dalio's Bridgewater Associates Has Been Buying Hand Over Fist
- Since Bridgewater Associates founding in 1975, Ray Dalio has grown the investment firm into the world's largest hedge fund with over $124 billion in assets under management (AUM).
- 09/22/2024
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The Zacks Analyst Blog Exxon Mobil, Salesforce, BHP and Oil-Dri
- Exxon Mobil, Salesforce, BHP and Oil-Dri are included in this Analyst Blog.
- 09/20/2024
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ExxonMobil, Mitsubishi Join Forces on Major Low-Carbon Project
- Per the agreement, XOM and MSBHF are likely to explore opportunities for the latter's acquisition of low-carbon ammonia and potential investment in the project.
- 09/18/2024
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Exxon Mobil: Greater Synergies From Merger With Pioneer, But Lower Oil Prices (Hold Confirmed)
- We maintain a HOLD rating for Exxon Mobil shares, reflecting updated forecasts for oil prices, production, and market conditions. The Pioneer Natural Resources acquisition is expected to significantly boost Exxon Mobil's oil and gas production, enhancing operational efficiency and synergies. Revised forecasts predict a shift from oil market deficit to surplus in 2025, with adjusted Brent oil price expectations for 2H 2024 and 2025.
- 09/18/2024
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Why Energy Stocks Are The Ultimate Undervalued Dividend Play Right Now
- U.S. oil production has surged since 2008, making the country a top energy producer. Political shifts could affect future output, but growth is likely to slow. Producers now prioritize profitability over expansion, reducing CapEx and focusing on free cash flow, making supply growth slower but more sustainable. Energy stocks are undervalued with strong dividend yields. Despite weak oil prices, the long-term fundamentals of these companies remain very attractive.
- 09/18/2024
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Exxon Mobil (XOM) Outperforms Broader Market: What You Need to Know
- Exxon Mobil (XOM) reachead $114.18 at the closing of the latest trading day, reflecting a +1.3% change compared to its last close.
- 09/17/2024
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Trade Tracker: Stephanie Link buys Exxon Mobil and Chipotle
- Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain her latest portfolio moves.
- 09/17/2024
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These Were the 5 Biggest Companies in 1999, and Here Are the 5 Biggest Companies Now
- The largest company 25 years ago was Microsoft, with a $348 billion market cap. The largest company now is roughly 10 times the size of Microsoft in 1999.
- 09/17/2024
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Calls of the Day: Colgate, Oracle, Progressive and Exxon
- The Investment Committee discuss the latest Calls of the Day.
- 09/16/2024
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Big oil companies defeat US consumer lawsuit over production, prices
- Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump's administration, Russia and Saudi Arabia to cut oil production, boosting prices at the pump.
- 09/16/2024
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Exxon working to restart operations at Hoover offshore platform
- Exxon Mobil on Monday said it is working to safely restart operations at its Hoover offshore platform in the Gulf of Mexico.
- 09/16/2024
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Is ExxonMobil's Premium Stock Valuation a Buy, Sell or Hold?
- XOM's strong fundamentals drive premium valuations with high growth expectations, but there remains some uncertainty.
- 09/13/2024
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ExxonMobil Hydrogen Hub Attracts Billions From Major Investors
- Amid widespread skepticism about the future scalability of the hydrogen industry, whether it be green, blue, gray or another imagined color, ExxonMobil certainly is not having trouble attracting major investors in its planned blue hydrogen hub at its refining and chemical complex in Baytown, Texas.
- 09/13/2024
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Japan's Mitsubishi to buy stake, offtake ammonia from ExxonMobil in Texas
- Japanese trading house Mitsubishi said on Friday it has reached a preliminary agreement to buy a stake in and offtake low-carbon ammonia from ExxonMobil's hydrogen facility in Texas.
- 09/12/2024
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If I Could Only Buy 2 High Dividend Yield Companies In September 2024
- Including high dividend yield companies in your investment portfolio ensures that you can reach an elevated Weighted Average Dividend Yield with your investment portfolio right from the start. From my list of 10 high dividend yield companies to consider investing in for September 2024, I have selected my two top choices, which I will present in today's article. Chevron and Banco Santander can be excellent additions to your portfolio, given their attractive valuations, positive growth outlook, and their ability to combine dividend income and dividend growth.
- 09/12/2024
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ExxonMobil CEO Vows Legal Action Against Proxy Rule Abusers
- XOM CEO Darren Woods promises legal action against activist shareholders who abuse the proxy process, aiming to protect broader shareholder interests.
- 09/12/2024
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Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts
- In the most recent trading session, Exxon Mobil (XOM) closed at $109.72, indicating a -0.99% shift from the previous trading day.
- 09/11/2024
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Exxon Mobil: Bridgewater Added Energy Shares And So Did I
- Recent stock price pullback has made XOM an attractive option for commodity exposure under Ray Dalio's 4-asset model. XOM's profit displays strong correlations with natural gas and oil prices. In addition, XOM shares offer a discounted valuation due to recent price corrections.
- 09/11/2024
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Exxon CEO Woods' message to future shareholder activists: follow the rules
- Exxon CEO Darren Woods on Tuesday had warning words for activist shareholders thinking to emulate those who filed a climate-related shareholder proposal at the largest U.S. oil company.
- 09/10/2024
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Why ExxonMobil Stock Is Slipping Today
- ExxonMobil has reportedly backed out of a race to buy oil assets in Namibia. Crude oil prices, meanwhile, are falling as fears of a demand and supply imbalance grip oil markets.
- 09/10/2024
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Buy 4 September Dividend Aristocrats And Watch 6
- The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.
- 09/10/2024
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Exxon Mobil's Expansion Plans You Can't Ignore (Rating Upgrade)
- XOM's RSI is at 46.85, indicating neutral momentum, while the VPT suggests stable accumulation and moderate buying interest. XOM is trading below its historical P/E and price-to-free-cash-flow metrics, presenting an attractive entry point. ExxonMobil generated $25.2 billion operational cash in H1 2024, supporting a $20 billion share repurchase plan through 2025.
- 09/10/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/10/2024
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ExxonMobil Exits Race to Buy Namibia Oil Block Stake From Galp
- XOM withdraws from the race to buy a 40% stake in Namibia's Mopane oil block from Galp, leaving other major energy players to compete for the asset valued at $10 billion.
- 09/10/2024
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Is It Time To Buy ExxonMobil As Shares Take Another Dip?
- XOM stock has gyrated since Exxon reported its latest earnings results. Shares are trading below a base bottom.
- 09/10/2024
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Is It Time To Buy ExxonMobil Stock As Is It Recovers From Drop?
- XOM stock tries to recover after falling in August. ExxonMobil reported positive earnings results on Aug. 2.
- 09/10/2024
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Is It Time To Buy ExxonMobil Stock As Oil Prices Hit Two-Month Highs?
- XOM stock is climbing back from June lows along with the rise in oil prices. Exxon is fighting to block Chevron's acquisition of Hess.
- 09/10/2024
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Is It Time To Buy Or Sell ExxonMobil Stock As Ends Losing Streak?
- XOM stock is in a cup-with-handle base. ExxonMobil is rebounding from a 5-day rout.
- 09/10/2024
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Is It Time To Buy XOM Stock After Exxon Mobil Beat Earnings Views?
- XOM stock fell sharply with the price of oil. But shares are off a 52-week low and earnings topped estimates.
- 09/10/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Flirts With Its All-Time High?
- XOM stock is within 3% of its February all-time high. Exxon reports earnings this week.
- 09/10/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
- XOM stock is down 15% from February's all-time high. Did XOM get unduly punished during the bank crisis, giving investors a chance to buy?
- 09/10/2024
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Is It Time To Buy XOM Stock As Shares Come Off A High And Earnings Loom?
- XOM stock pulled back after reaching a new high. Exxon earnings are around the corner.
- 09/10/2024
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Bear of the Day: Exxon Mobile (XOM)
- The earnings growth is forecast to return next year but that might take some patience.
- 09/10/2024
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Final Trades: Shares U.S. Financials ETF, Exxon Mobil, Alphabet Class A and Palantir
- he Investment Committee gives you their top stocks to watch for the second half.
- 09/09/2024
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Weighing Risks And Opportunities With Direxion's 2X Leveraged Oil ETFs
- Big oil giants Chevron Corp CVX and Exxon Mobil Corp XOM moved up slightly in the pre-market session Monday in a bid to recover from last week's losses. Both enterprises – particularly the former – suffered heavy losses following concerns about the economy.
- 09/09/2024
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Better Buy in September: ExxonMobil or a 50/50 Split of Devon Energy and Occidental Petroleum?
- Exxon's diversified business model has its advantages during a downturn. The oil major's dividend is reliable and features a good yield relative to the S&P 500.
- 09/09/2024
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Exxon withdraws from race to buy stake in Namibia oil block from Galp, sources say
- Exxon Mobil has pulled out of the race to buy half of Galp Energia's stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge of the matter said.
- 09/09/2024
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3 Dividend Aristocrats That Pay You More and More Money
- Smart investors are aware that growing your money without working for it can happen through the right investment strategy.
- 09/08/2024
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3 Cheap Oil Stocks To Buy In September
- It's been a bad week for oil stocks. Even though OPEC+ nations delayed their production cuts scheduled to begin in October, global demand for oil weakened considerably.
- 09/07/2024
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Trade Overview: Where Gurus Found Value in the 2nd Quarter
- With the latest round of 13F filings released over the past month, investors and market watchers alike are interested in seeing where the major hedge fund managers are finding value opportunities.
- 09/06/2024
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ExxonMobil Partners With ADNOC on Low-Carbon Hydrogen Project
- XOM's partnership with ADNOC on the low-carbon hydrogen project should allow both companies to progress toward their net-zero target.
- 09/06/2024
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The Big 3: LLY, XOM & PLTR
- Joe Tigay joins Ben Lichtenstein and Nicole Petallides to break down the technical trends in Eli Lilly (LLY), Exxon Mobil (XOM), and Palantir (PLTR). ======== Schwab Network ======== Empowering every investor and trader, every market day.
- 09/06/2024
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E vs. XOM: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Oil and Gas - Integrated - International sector have probably already heard of Eni SpA (E) and Exxon Mobil (XOM). But which of these two stocks is more attractive to value investors?
- 09/06/2024
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3 Dividend Aristocrat Stocks to Buy in September
- Coast-to-Coast / iStock Editorial via Getty Images With a market cap of $509.8 billion, Exxon Mobil (NYSE:XOM) is one of the world's biggest oil and gas companies in the world.
- 09/06/2024
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Wall Street Analysts Think Exxon (XOM) Is a Good Investment: Is It?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 09/06/2024
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Three-Stock Lunch: Target, Exxon Mobil, and Topgolf
- Boris Schlossberg, managing director of FX Strategy at BK Asset Management, joins 'Power Lunch' to discuss his investing take on three stocks: Target, Exxon Mobil, and Topgolf.
- 09/05/2024
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Exxon Mobil Corporation (XOM) Barclays 38th Annual CEO Energy-Power Conference - (Transcript)
- Exxon Mobil Corporation (NYSE:XOM ) Barclays 38th Annual CEO Energy-Power Conference Call September 5, 2024 8:00 AM ET Company Participants Dan Ammann - President and Head, Low Carbon Solutions Conference Call Participants Betty Jiang - Barclays Betty Jiang Welcome to the Third Day of the 38th Barclays Annual Energy Conference. It's my great pleasure to introduce and welcome Dan Ammann, President and Head of Low Carbon Solutions at ExxonMobil.
- 09/05/2024
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Billionaire Ray Dalio's Former Hedge Fund Is Buying These 3 Top Dividend Stocks. Should You?
- Billionaire Ray Dalio's former hedge fund has recently invested in three top dividend stocks. ExxonMobil, Medtronic, and Microsoft all offer attractive dividend profiles.
- 09/05/2024
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Exxon Mobil (XOM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- Exxon Mobil (XOM) closed the most recent trading day at $114.06, moving -1.22% from the previous trading session.
- 09/04/2024
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Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project
- Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay until 2029.
- 09/04/2024
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3 Dividend Stocks That Just Hit 52-Week Highs but Could Still Be Worth Buying in September
- Walmart is charting a path to faster growth -- and making investments to get there. As 3M takes strides to turn itself around, the stock looks like a good value.
- 09/04/2024
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Why ExxonMobil, ConocoPhillips, and BP Stocks Dropped Today
- Weak demand from China is combining with an expected production increase at OPEC to drive oil prices lower today. When oil prices fall, oil stock prices follow them down.
- 09/03/2024
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ExxonMobil Aims to Take Full Control of Permian JV From Sinochem
- Acquiring the remaining stake in the Wolfcamp JV would reinforce XOM's leadership in the Permian Basin and provide strategic advantages amid the evolving global energy landscape.
- 09/02/2024
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Conrad And Gue On Top Stocks In Energy And Utilities
- Roger Conrad, editor of Conrad's Utility Investor, and Elliott Gue, editor of Energy & Income Advisor, are experts on utility and energy stocks, respectively. They start by explaining why energy demand should hold up despite concerns about China's economy, and why (and by how much) investment in Artificial Intelligence-related data centers is boosting electricity demand. We also discuss investments designed to increase power grid resiliency, the impact of politics on energy companies, the reasons why the energy transition will take a long time – and how investors can profit from these trends.
- 08/31/2024
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3 Fortune 500 Industry Leaders Boast Ideal August Dividends
- The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leaders (IL) using YCharts 8.28.24-data. Those 66 industry-leaders were segmented-into 21 business-sectors, ranging (alphabetically) from apparel to wholesalers. 3 of-the 66 were private or foreign exchange listed-firms, not tracked by YCharts, leaving 63-listed. 57 dividend-yielding stocks led those 63 industry-leaders and ranged 0.04% to 7.87% in annual-yield and ranged -10.41% to 51.96% in broker-estimated one-year target-price-upsides.
- 08/31/2024
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Exclusive: China's Sinochem plans to exit US shale JV with Exxon, sources say
- Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil , valued upwards of $2 billion, people familiar with the matter told Reuters.
- 08/30/2024
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ExxonMobil Seeks 3-Year Extension for Golden Pass LNG Project
- XOM and QatarEnergy request a three-year extension from regulators for the Golden Pass LNG project, citing contractor changes and potential weather disruptions.
- 08/30/2024
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5 market sectors and 9 stocks to keep on your radar in September
- September is the market's cruelest month — except in presidential election years.
- 08/30/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/30/2024
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From Guyana to the Permian Basin: How Exxon Mobil Is Positioning for the Future
- Exxon Mobil Corp. (XOM, Financial) is an energy sector powerhouse that works with immense resources and strategic investments to propel its growth for the long term. In an ever-changing market landscape, the stock brings stability and resilience to any type of investor.
- 08/29/2024
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After Closing a $60 Billion Acquisition, ExxonMobil Is Doing a Little Housekeeping
- ExxonMobil is working to sell some noncore assets in the Permian Basin following its Pioneer acquisition. The sales are part of its strategy to maintain a strong portfolio and financial profile.
- 08/29/2024
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2 non-tech stocks hit $1 trillion market cap in 2025
- Achieving a $1 trillion market capitalization has long been a prestigious milestone in the stock market, with many companies striving to reach this level.
- 08/29/2024
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ExxonMobil Plans $1B Sale of Permian Assets Amid Shale Focus
- XOM intends to sell Permian Basin assets, including conventional wells, for $1 billion, as part of its strategy to enhance shale production post-Pioneer acquisition.
- 08/28/2024
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ExxonMobil Warns of Oil Supply Risks, Prices Could Surge 5X
- XOM's analysis suggests that without sustained investment, global oil supply could shrink to 30 million bpd as early as 2030, potentially driving oil prices fivefold.
- 08/27/2024
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Exxon to sell some Permian assets, Bloomberg Law reports
- Top U.S. oil firm Exxon Mobil is looking to sell oil assets in the Permian Basin which could fetch $1 billion, as the company focuses on growing shale production after buying Pioneer Natural Resources earlier this year, Bloomberg Law reported on Tuesday.
- 08/27/2024
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Stock Of The Day: Exxon Mobil Hits A Ceiling?
- Resistance levels are a large concentration of traders and investors who are looking to sell their shares at, or close to, the same price. The “level” is typically more of a range than a particular price.
- 08/27/2024
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Texas A&M, ExxonMobil to Present at Inaugural Powder Bulk Solids Conference
- The new addition of the Houston IPBS event marks its debut in the city, bringing best-in-class education and local expertise to the top engineering and processing hub in the nation. HOUSTON, TX / ACCESSWIRE / August 27, 2024 / The Powder & Bulk Solids Texas Conference (PBS TX Conference) , the event focused on bringing cutting-edge insights to engineers in the bulk materials and processing industry, has announced its agenda for the two-day gathering.
- 08/27/2024
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Exxon still expects fossil fuels to make up the majority of energy market in 25 years
- Oil demand will plateau after 2030 but remain roughly at current levels of more than 100 million barrels per day through 2050, according to Exxon. The oil major projected that oil demand would remain at 85 million bpd in 2050 even if every new car sold in 2035 is an electric vehicle.
- 08/26/2024
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Exxon consortium's Guyana oil output drops to some 450,000 bpd, gov data says
- An Exxon Mobil production consortium's crude output in Guyana fell to between 400,000 and 500,000 barrels per day from July 2 through the end of the month, according to government data seen by Reuters on Monday, a sign that work on production facilities has begun.
- 08/26/2024
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Exxon forecasts 2050 oil demand to match today's, 25% above BP estimate
- Exxon Mobil said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels, a forecast 25% higher than top European rival BP.
- 08/26/2024
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Want $1,000 in Dividend Income? Here's How Much You Have to Invest in ExxonMobil Stock.
- Dividends can be powerful sources of income for retirees. Pre-retirees can benefit from dividends, too, as they can be reinvested in more shares of stock.
- 08/26/2024
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Is ExxonMobil a Millionaire Maker?
- ExxonMobil is one of the largest integrated energy companies on the planet. ExxonMobil has the heft to adjust with the world around it, when the time is right.
- 08/24/2024
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5 Best CEFs This Month For Nearly 9% Yield (August 2024)
- For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
- 08/24/2024
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This 3%-Yielding Energy Stock Raised Its Dividend Through the Past 4 Recessions
- Exxon has increased its dividend for 41 straight years. The company built its business to thrive in any market condition.
- 08/24/2024
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3 Stocks to Buy for a Republican Red Wave in November
- Where former president Donald Trump looked to have a commanding lead against in the November election, President Joe Biden dropping made the race competitive.
- 08/23/2024
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Exxon Mobil Stock Should Go Higher
- I recommended doubling down on XOM at the end of January 2024, and my last call proved to be very successful. But what's next for Exxon? The oil price is likely to be supported by a shortage of commodities on the physical market as 2024 is going like one of the worst years for oil inventories. The demand in developed markets continues to grow, which is especially noticeable in the US, according to EIA.
- 08/23/2024
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One Bond Market Yardstick Is Flashing a Warning. These Are the Stocks to Own.
- Historically, when short-term bond rates track higher than long-term rates, a recession is on its way.
- 08/22/2024
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Big Oil Battle: ExxonMobil and Chevron Are Fighting Over This Oil-Rich Spot
- Exxon and Chevron are battling over Hess' stake in a lucrative offshore oil field in Guyana. The dispute is delaying Chevron's merger with Hess.
- 08/22/2024
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Exxon (XOM) Is Considered a Good Investment by Brokers: Is That True?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 08/21/2024
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3 Large Cap Energy Stocks Gaining From Automated Drilling
- Automated drilling leads to substantial cost savings. Thus, BP, ExxonMobil (XOM) and SLB are well-poised to gain.
- 08/20/2024
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Exclusive: Hess Guyana's secret value becomes part of Exxon arbitration, sources say
- An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.
- 08/20/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 08/19/2024
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5 Dividend Growth Stocks to Buy and Hold Forever
- Dividend growth stocks often outperform other asset classes over long periods. These five blue-chip companies could form the basis of a rock-solid dividend growth portfolio.
- 08/19/2024
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Exxon Mobil: A Capital Return And Dividend Growth Play
- Exxon Mobil generated $5.0B in free cash flow in Q2 and plans to spend $20B in annual stock buybacks next year. The acquisition of Pioneer Natural Resources is already boosting U.S. liquids production, leading to 55% Q/Q growth. Shares are priced at a reasonable P/E ratio of 12.8X, making Exxon Mobil an attractive investment for income investors.
- 08/18/2024
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6 Magnificent Dividend Stocks to Buy Now and Hold Forever
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Looking for Safe Dividend Income? These 3 Stocks Have Rock-Solid Payouts.
- Abbott Laboratories has been paying a dividend for 100 years and is one of the safest income stocks available. ExxonMobil has demonstrated impressive resiliency over the years, even amid volatility in oil prices.
- 08/17/2024
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10 Great Dividend Stocks For The Next 10 Years
- The focus of this article is to provide a select list of 10 dividend stocks that, in our view, are currently undervalued and should provide an average of 4.5% plus yield for the foreseeable future. We use a simple and easy-to-implement filtering method to narrow down our list to probable candidates. In our view, these dividend stocks will provide sustainable yields with decent dividend growth that will likely meet and exceed the rate of inflation.
- 08/17/2024
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ExxonMobil's (XOM) Seventh Guyana Oil Project Set for 2025
- ExxonMobil's (XOM) seventh offshore oil project in Guyana, Hammerhead, is expected to increase its production capacity by 180,000 bpd, with the development plan set for early 2025.
- 08/16/2024
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7 Stocks to Protect Your Wealth in These Turbulent Times
- Whether current turmoil is a correction or a stock market crash there are stocks that investors should consider to protect their wealth. The current turbulence facing the markets is partially due to inflation.
- 08/16/2024
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Exxon Mobil Is A Giant With More Room To Grow
- Exxon Mobil Corporation is the second largest publicly traded oil company in the world, with a high valuation and potential for growth. Quarterly performance includes strong earnings, dividends, and debt management, focusing on continued growth and shareholder returns. The acquisition of Pioneer Natural Resources, expected earnings growth, and guidance for increased production make Exxon Mobil a valuable investment despite market capitalization risk.
- 08/15/2024
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The 3 Best Dividend Stocks to Secure Steady Income in H2 2024
- Given the current market volatility on Wall Street, the best dividend stocks look increasingly appealing to investors seeking stable income. The recent tech correction, which began in mid July due to valuation concerns, triggered panic selling in early August.
- 08/14/2024
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ExxonMobil (XOM) Lays Off 59 Workers Post Pioneer Merger
- ExxonMobil (XOM) has issued layoff notices to 59 employees following its $60-billion acquisition of Pioneer Natural Resources. The move is part of the company's strategic workforce reshuffle as it integrates Pioneer's assets and personnel.
- 08/14/2024
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Is ExxonMobil (XOM) a Buy, Hold, or Sell After Q2 Earnings?
- Permian & Guyana presence will continue to aid ExxonMobil (XOM), which recently reported strong Q2 earnings. However, the stock is overvalued.
- 08/14/2024
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3 Healthy Dividend Stocks to Buy Before It's Too Late
- As temperatures rise and summer vacations approach, many investors are seeking ways to keep their portfolios thriving.
- 08/13/2024
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ExxonMobil (XOM) Resumes Joliet Refinery After 3-Week Outage
- ExxonMobil (XOM) has begun resuming its Joliet, IL, refinery after a three-week shutdown due to a power outage, tightening heavy crude discounts and easing fuel shortages across four states.
- 08/13/2024
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ExxonMobil Is a Rock-Solid Dividend Stock, but So Are These High-Yield Stocks That Are Down Between 4% and 15% Over the Last Year
- Chevron is worth buying even if its deal with Hess falls through. Devon Energy's share price weakness is a buying opportunity for dividend hunters.
- 08/13/2024
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Exxon lays off 59 workers, starts job cuts after Pioneer acquisition close
- Exxon Mobil Corp is laying off 59 employees, including 10 in the Permian Basin and 39 in Dallas, according to a filing with the Texas Workforce Commision.
- 08/12/2024
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These Were the 5 Biggest Companies in 2004, and Here Are the 5 Biggest Companies Now
- Walmart was the biggest company by revenue in 2004 and it still has today. Oil and manufacturing companies have lost their stature.
- 08/12/2024
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The 7 Best Blue-Chip Stocks to Buy and Never Sell: 2024 Edition
- The stock market has shown high volatility despite the rising fears of a recession, mixed earnings season and the anticipation surrounding rate cuts. Apart from the past week, it was an excellent year for the stock market, with several blue-chip stocks hitting their 52-week high.
- 08/10/2024
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ExxonMobil Believes the World Will Need a Lot More Energy in the Future
- ExxonMobil expects global energy demand to grow over the next couple of decades. The company is investing to supply the world with the energy it needs.
- 08/10/2024
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The 3 Best Oil & Gas Stocks to Buy in August 2024
- The stock market's tumble on Monday also spooked even the best oil and gas stocks. Because fears of a recession were the primary reason for the market's implosion, traders were worried about the impact on oil.
- 08/08/2024
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ExxonMobil Isn't Just an Oil Company; It's an Innovative Technology Company Hiding in Plain Sight
- ExxonMobil sees itself as a technology company. The energy company has a long history of innovation.
- 08/08/2024
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Is It Time To Buy ExxonMobil As Shares Take Another Dip?
- XOM stock has gyrated since Exxon reported its latest earnings results. Shares are trading below a base bottom.
- 08/07/2024
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Is It Time To Buy ExxonMobil Stock As Is It Recovers From Drop?
- XOM stock tries to recover after falling in August. ExxonMobil reported positive earnings results on Aug. 2.
- 08/07/2024
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Is It Time To Buy ExxonMobil Stock As Oil Prices Hit Two-Month Highs?
- XOM stock is climbing back from June lows along with the rise in oil prices. Exxon is fighting to block Chevron's acquisition of Hess.
- 08/07/2024
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Is It Time To Buy XOM Stock After Exxon Mobil Beat Earnings Views?
- XOM stock fell sharply with the price of oil. But shares are off a 52-week low and earnings topped estimates.
- 08/07/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Flirts With Its All-Time High?
- XOM stock is within 3% of its February all-time high. Exxon reports earnings this week.
- 08/07/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
- XOM stock is down 15% from February's all-time high. Did XOM get unduly punished during the bank crisis, giving investors a chance to buy?
- 08/07/2024
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Is It Time To Buy XOM Stock As Shares Come Off A High And Earnings Loom?
- XOM stock pulled back after reaching a new high. Exxon earnings are around the corner.
- 08/07/2024
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The Top 3 Oil & Gas Stocks to Buy Now: Summer 2024
- There's trouble brewing in the oil patch. Prices for crude oil in America are below $75 a barrel and at their lowest level in six months amid growing fears of a recession in the U.S. economy.
- 08/07/2024
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 08/06/2024
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Analysts Are Leading ExxonMobil Stock to a New All-Time High
- ExxonMobil's NYSE: XOM price action is not immune to the broad-market selloff, but operational quality, growth, and capital return point to a buy-the-dip opportunity. Exxon's operational quality is improving due to efficiency efforts, modernization of its operations, and the impact of the Pioneer acquisition, which is not fully felt.
- 08/06/2024
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3 Dividend Aristocrats Every Investor Should Have in Their Portfolio
- As with diamonds, there is a Dividend Aristocrat for pretty much every need. A Dividend Aristocrat is a member of the S&P 500 that has increased its dividends annually for 25 years or more.
- 08/06/2024
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3 Blue-Chip Stocks on the Rise After Strong Q2 Earnings
- Financial results for this year's second quarter are coming in quite strong. According to data from FactSet, with 75% of companies listed in the S&P 500 index having reported Q2 results, 78% reported better-than-expected earnings, and 59% of companies reported revenue that exceeded expectations.
- 08/06/2024
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3 Energy Stocks to Sell in August Before They Crash & Burn
- The conflict in the Middle East is only getting worse. After an attack on Israel last week and a subsequent attack on Lebanese leaders, both in Lebanon and Iran, tensions have definitely risen.
- 08/06/2024
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7 Stocks That Will Win Big If Trump Wins ‘Bigly'
- In just a few months Americans will elect the next president of the United States. As it stands today, Vice President Kamala Harris is polling slightly ahead of Former President Donald Trump with a slim 1% lead.
- 08/06/2024
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Exxon CFO talks earnings, demand, growth, and outlook
- ExxonMobil (XOM) posted second quarter earnings that topped Wall Street expectations on Friday despite oil prices (CL=F, BZ=F) falling to a new seven-month low. ExxonMobil Chief Financial Officer Kathryn Mikells joins Market Domination to break down the oil and gas company's performance amid the current economic backdrop.
- 08/05/2024
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Energy ETFs in Focus as Exxon Beats, Chevron Disappoints
- Two energy behemoths - Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) - came up with varied second-quarter results recently.
- 08/05/2024
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Stock Market Correction: 3 Stocks I Have My Eye On
- Panic sellers never win. And when shareholders get the jitters because the stock market undergoes a natural correction, it is those who see it as a buying opportunity who are poised to profit over the longer term.
- 08/05/2024
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These 3 High-Yield Dividend Stocks Just Became More Attractive Buys
- Brookfield Renewable has a bright future with the growing demand for renewable energy. ExxonMobil is firing on all cylinders after it acquired Pioneer.
- 08/05/2024
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$9,000 Invested in ExxonMobil and Each of These 2 Dividend Stocks to Generate Over $1,000 in Passive Income per Year
- ExxonMobil can thrive even at lower oil prices. Kinder Morgan is benefiting from the need for more energy infrastructure.
- 08/05/2024
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The Numbers Speak for Themselves: ExxonMobil Is the Top Dog in the Oil Patch.
- Exxon delivered its best second-quarter results in over a decade. The company delivered industry-leading earnings and cash returns during the period.
- 08/04/2024
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Exxon Mobil: Transition Defined
- Exxon Mobil management gives their view of the future and how the company will respond to future challenges. CEO Darren Woods emphasizes flexibility and realism in maintaining a competitive edge. Shift towards low carbon future that may possibly include oil and gas in various forms.
- 08/04/2024
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Why Investors Liked Exxon's Results But Not Chevron's
- ExxonMobil (XOM) fared much better than rival Chevron (CVX) despite record-high production in Texas' oil-and-gas-rich Permian Basin for both, as the U.S. oil giants reported second-quarter financial results.
- 08/02/2024
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Exxon and Chevron report mixed results
- The energy sector is in focus as ExxonMobil (XOM) and Chevron (CVX) both reported second-quarter earnings. ExxonMobile beat expectations on both revenue and profit, reporting revenue of $93.06 billion, surpassing estimates of $87.75 billion.
- 08/02/2024
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Crude Oil Falls Sharply; Exxon Mobil Earnings Top Views
- U.S. stocks traded lower toward the end of trading, with the S&P 500 falling more than 2% on Friday.
- 08/02/2024
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ExxonMobil (XOM) Q2 Earnings Top Estimates on Higher Production
- ExxonMobil (XOM) Q2 earnings gain from higher crude realizations and contributions from the Pioneer acquisition.
- 08/02/2024
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Exxon Mobil Q2: Pioneer Assets Create More Upside Potential
- Exxon Mobil Corporation stock delivered strong Q2 earnings, beating consensus estimates on both lines. In particular, the progress and benefits from the Pioneer assets integration far exceeded my earlier expectations. The Pioneer acquisition boosts Q2 production to record levels, and I also expect it to lower breakeven costs.
- 08/02/2024
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Exxon Mobil Corporation (XOM) Q2 2024 Earnings Call Transcript
- Exxon Mobil Corporation (NYSE:XOM ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Jim Chapman - VP of IR Darren Woods - Chairman, CEO Kathy Mikells - SVP, CFO Conference Call Participants Neil Mehta - Goldman Sachs Betty Jiang - Barclays Doug Leggate - Wolfe Research Devin McDermott - Morgan Stanley John Royall - JP Morgan Jason Gabelman - TD Cowen Biraj Borkhataria - RBC Stephen Richardson - Evercore Roger Reed - Wells Fargo Josh Silverstein - UBS Bob Brackett - Bernstein Research Operator Good day, everyone, and welcome to this ExxonMobil Corporation Second Quarter 2024 Earnings Call. Today's call is being recorded.
- 08/02/2024
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2 Dividend Stocks To Watch In August 2024
- Dividend stocks to watch in the stock market today.
- 08/02/2024
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ExxonMobil Posts Highest Production Since Merger as Revenue, Profits Rise
- ExxonMobil (XOM) posted second-quarter results well above analysts' expectations Friday as record production levels and higher oil prices boosted the company's results.
- 08/02/2024
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Exxon Mobil CEO Darren Woods on Q2 results: Reflects our work over the last 7 years
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, growth outlook, state of arbitration with Hess, energy policy, and more.
- 08/02/2024
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Exxon Mobil (XOM) Beats Q2 Earnings and Revenue Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.94 per share a year ago.
- 08/02/2024
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Exxon earnings beat as production in Guyana and Permian sets a record
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 08/02/2024
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Exxon Mobil boasts of oil production as Q2 results beat analyst estimates
- Exxon Mobil Corp.'s stock XOM, -1.38% rose fractionally in premarket trading on Friday after the oil giant said its second-quarter profit rose 17% and topped analyst estimates. Exxon reported second-quarter net income of $9.24 billion, or $2.14 a share, up from $7.88 billion, or $1.94 a share, in the year-ago quarter.
- 08/02/2024
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Exxon Earnings Jump: What You Need to Know
- Exxon Mobil banked one of its highest-ever profits for a second quarter, bolstered by rising production and fuel sales, and despite anemic natural-gas prices.
- 08/02/2024
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Exxon delivers $9.2 billion second-quarter profit, raises output target
- Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources.
- 08/02/2024
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Exxon earnings beat as production in Guyana and Permian sets a record
- ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, helped by record production in Guyana and the Permian Basin.
- 08/02/2024
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Exxon Mobil Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
- Exxon Mobil Corporation XOM is set to release earnings results for its second quarter, before the opening bell on Aug. 2, 2024.
- 08/02/2024
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Exxon and Chevron Face High Bar for Earnings
- Their results follow Shell's, which posted stronger-than-expected earnings and still saw its shares drop.
- 08/01/2024
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Rising 18% This Year, Will Exxon Mobil's Run Continue Following Q2 Results?
- Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas, and North America's largest energy company by market cap, is scheduled to announce its fiscal second-quarter results on Friday, August 2. We expect Exxon Mobil stock to likely trade sideways due to mixed Q2 results with revenue missing but earnings beating market expectations marginally.
- 08/01/2024
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Wall Street Analysts See Exxon (XOM) as a Buy: Should You Invest?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 08/01/2024
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XOM or CVX: Which Stock Holds More Promise Ahead of Q2 Earnings?
- The merger with Pioneer Natural increases ExxonMobil's (XOM) debt load. Chevron (CVX), however, has successfully started extracting oil from the Mad Dog 2 project in the Gulf of Mexico.
- 08/01/2024
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Shell Earnings Set Bar for Exxon, Chevron
- The company said it would buy back $3.5 billion of shares in the third quarter and kept its dividend of $0.344 per share.
- 08/01/2024
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7 Stocks to Buy if the Fed Finally Green Lights Rate Cuts
- If all the major news agencies have their fingers on the pulse of monetary policy, it's coming – interest rate cuts, that is. According to The Wall Street Journal, Federal Reserve officials will meet soon to discuss a potential September reduction in the benchmark interest rate.
- 07/31/2024
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Pre Q2 Earnings: How Should You Play ExxonMobil (XOM)?
- The merger with Pioneer Natural increases ExxonMobil's (XOM) debt load. Low gas prices and unfavorable industry margins might have adversely impacted XOM's Q2 earnings.
- 07/30/2024
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Viaro to buy Shell, Exxon's North Sea assets
- Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell and Exxon Mobil
- 07/30/2024
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ExxonMobil Is Taking a Big Step to Capture This $1.4 Trillion Market Opportunity
- Exxon is partnering with Air Liquide on its proposed Baytown lower-carbon hydrogen and ammonium production facility The project could enable the oil giant to start capturing a massive future market opportunity. Hydrogen is one of several lower-carbon opportunities it aims to capture.
- 07/30/2024
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Exxon Mobil (XOM) Stock Drops Despite Market Gains: Important Facts to Note
- Exxon Mobil (XOM) reachead $116.10 at the closing of the latest trading day, reflecting a -1.05% change compared to its last close.
- 07/29/2024
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2 Oil Stocks to Watch Amid Presidential Race, Earnings
- The presidential race is heating up, with Vice President Kamala Harris now the likely Democratic nominee against former President Donald Trump.
- 07/29/2024
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Buy 3 July Fortune 500 Industry Dividend Leaders (Watch 3 More)
- The June/July 2024 edition of Fortune 500 revealed the biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff out the best dividend buys focused on 66 industry-leaders using YCharts 7/25/24 data. Those 66 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 66 were private or foreign exchange listed firms not tracked by YCharts, leaving 63 listed. 57 dividend yielding stocks led those 63 industry leaders and ranged 0.04% to 7.87% in annual yield and ranged -10.41% to 51.96% in broker estimated one-year target-price upsides.
- 07/28/2024
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4 Dividend-Paying Energy Stocks to Buy Now
- 24/7 Insights Oil has traded solidly higher this summer and may continue the trend.
- 07/28/2024
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5 Best CEFs This Month For Nearly 9% Yield (July 2024)
- For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
- 07/27/2024
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ExxonMobil's (XOM) GPX Project Set to Resume After Settlement
- The project aligns with ExxonMobil's (XOM) strategic vision to enhance the natural gas supply chain from the world's leading exporter.
- 07/26/2024
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Final Trades: Seagate, Exxon Mobil, Morgan Stanley and the IJH
- The Investment Committee give you their top stocks to watch for the second half.
- 07/26/2024
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XOM, BAC, GOOG: Example Trade & Technical Trends
- Exxon Mobil (XOM), Bank of America (BAC), and Google (GOOG) are today's Big Three. Tom O'Brien and Ben Lichtenstein discuss the technical trends, as well as how to trade these stocks.
- 07/26/2024
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Exxon Mobil (XOM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Exxon (XOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/26/2024
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3 Recession-Resistant Stocks to Weather Any Economic Storm: July 2024
- There's a lot of noise competing for your attention and hard-earned capital. On the one hand, many investors believe the economy is ready to take off.
- 07/26/2024
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Exxon Mobil, CF Industries sign carbon capture and storage deal
- Energy major Exxon Mobil said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Industries.
- 07/25/2024
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7 Stocks to Buy as Trump Moves Toward a Second Term
- Elections are tricky business and it's important not to put too much emphasis on polls, especially polls before September. That said, it seems clear that Republican candidate and former President Donald Trump has a less-complicated path to the White House.
- 07/25/2024
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ExxonMobil (XOM) to Transfer Operations of Malaysia Assets
- ExxonMobil (XOM) states that the operational transfer will not affect its other businesses in Malaysia, reaffirming its commitment to continue conducting business in the country.
- 07/25/2024
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Pay Attention! 3 Ignored Stocks to Buy Right Now
- With the markets cooling down and investors rotating out of the “Magnificent 7” to take their profits, it's time to take a look at some stocks that have been ignored as of late. The companies that have seen their stocks soar this year are great businesses.
- 07/25/2024
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3 Stocks Ready to Soar if Donald Trump Secures Victory
- Finding the top stocks to buy before the elections is a sharp move. Looking at the potential of Trump 2.0, three stocks with the potential for sustained growth are critical to deriving stable returns.
- 07/24/2024
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Exxon Mobil (XOM) Suffers a Larger Drop Than the General Market: Key Insights
- In the latest trading session, Exxon Mobil (XOM) closed at $113.41, marking a -1.61% move from the previous day.
- 07/23/2024
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ExxonMobil to Release Second Quarter 2024 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its second quarter 2024 financial results on Friday, August 2, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer, and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the results during a live co.
- 07/23/2024
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3 Oil Stocks to Buy if Trump Pulls Off a November Win
- Close to my home in Chapel Hill, North Carolina, is the factory site for VinFast Auto (NASDAQ: VFS ), the Vietnamese electric vehicle company. Taxpayer funding is involved, so the media covers VinFast well.
- 07/23/2024
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Want $1,000 in Dividend Income? Here's How Much You Have to Invest in ExxonMobil Stock.
- ExxonMobil expects to grow earnings and cash flows steadily through 2027. That should mean bigger dividends every year.
- 07/23/2024
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6 Trump Trade Passive Income Dividend Stocks That Could Explode Higher
- 24/7 Insights With the Democrat Convention right around the corner, the field for November is almost set.
- 07/22/2024
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Exxon Mobil or Chevron – Which One May Be a Gusher for Investors?
- Exxon Mobil Corp. NYSE: XOM and Chevron Corp. NYSE: CVX are two of the largest integrated oil producers in the world. The two companies have market capitalizations of $457.67 and $293.81 billion, respectively.
- 07/22/2024
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Oil Majors' North Sea Exits Continue As Shell And Exxon Sell Dutch Assets
- The theme of oil and gas majors exiting the North Sea and independents stepping in to occupy the space is continuing unabated, with the latest example coming from the Dutch sector of the ageing and tax burdened hydrocarbon basin.
- 07/22/2024
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Cathie Wood Was Wrong About Innovation: 3 Stocks to Invest In Instead
- Cathie Wood is the founder and CEO of Ark Invest. Her firm has risen to prominence for its actively managed exchange-traded funds (ETFs) that focus on disruptive innovation.
- 07/21/2024
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7 Energy Stocks to Buy as Americans Prioritize Travel More Than Ever
- Here's the simple breakdown for why you need to consider energy stocks. Americans are going through a challenging time with the economy.
- 07/21/2024
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2 Historically Flawless Metrics Suggest the Stock Market Can Plunge: Here Are 3 Stocks I've Sold Ahead of What May Be a Big Move for Wall Street
- U.S. M2 money supply has done something that no one has witnessed since the Great Depression. Meanwhile, the benchmark S&P 500 is at one of its priciest valuations in history.
- 07/21/2024
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ExxonMobil to transfer operations of assets of 2 production-sharing contracts in Malaysia to Petronas
- Exxon Mobil Corp intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday.
- 07/20/2024
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Exclusive: ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say
- Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said.
- 07/19/2024
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3 Dividend Stocks That Demand Investor Attention
- Dividend stocks pay dividends to their shareholders, representing a portion of the company's profits. Not all companies offer dividends.
- 07/18/2024
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3 Stocks to Buy if Biden Drops Out of the Presidential Race
- Congressional Democrats have been more active lately. We're seeing an increasing number of blue lawmakers call for President Joe Biden to withdraw his seat from the 2024 U.S Presidential elections due to electability concerns.
- 07/18/2024
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Exxon clash with Chevron hinges on change of control of Hess' Guyana asset, sources say
- Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.
- 07/18/2024
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Is Chevron A Better Integrated Oil Major Pick Over Exxon Mobil?
- We believe that Chevron Corporation (NYSE: CVX) is a better pick than its industry peer – Exxon Mobil (NYSE: XOM). CVX stock trades at a slightly higher multiple of 1.5x sales, versus almost 1.3x revenues for XOM - and we think this valuation gap will likely expand further over the coming years in favor of CVX.
- 07/18/2024
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ExxonMobil's (XOM) Joliet Refinery Shuts Down Due to Power Outage
- ExxonMobil's (XOM) Joliet refinery in Illinois experiences a storm-induced power outage, leading to a temporary shutdown and a flaring incident.
- 07/17/2024
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Exxon Mobil: Buy The Dip
- XOM's stock price has diverged from the broader market since my last writing. The price diverge, combined with the new development in its business fundamentals, has made XOM an even stronger buy. Besides my outlook for higher oil prices, I also see several key catalysts afoot that are more specific to XOM.
- 07/17/2024
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3 Carbon Capture Stocks Cleaning Up Their Act
- The carbon capture and sequestration market is expected to have a steady growth trajectory, which will be a boon for carbon capture stocks. This growth is being spurred by the enhanced efforts being made by the governments and the corporations in cutting down on CO2 emissions with a view of hitting the net-zero targets.
- 07/17/2024
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7 Dividend Aristocrats Offering High-Yield Returns
- Identifying the potent Dividend Aristocrats in financial markets is about potential returns, income reliability and sustainability. Here, the focus is on the fundamentals of seven prominent companies recognized as Dividend Aristocrats.
- 07/17/2024
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Is It Worth Investing in Exxon (XOM) Based on Wall Street's Bullish Views?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 07/16/2024
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ExxonMobil (XOM) Reveals Hammerhead Project Development Plan
- ExxonMobil's (XOM) development plan for Hammerhead involves drilling up to 30 wells. The company plans to use a Very Large Crude Carrier conversion facility for the project.
- 07/16/2024
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ExxonMobil Introduces Enable™ 1617 performance polyethylene: A compelling potential solution for high-performance thin-gauge hand wrap applications
- HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- ExxonMobil today announced the launch of its Enable™ 1617 performance polyethylene (PE) grade. Ideal for thin-gauge hand wrap applications, the new resin is designed to help provide high tenacity and consistent extrusion, as well as help enable the incorporation of high loading levels of post-consumer recycled (PCR) content.
- 07/16/2024
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3 Energy Stocks to Buy in Case of a Red Wave this November
- The 2024 election is shaping up to be a massive one for energy stocks. That's because 34 seats are up for grabs in the Senate, plus all 435 are contested in the House alongside 11 gubernatorial elections.
- 07/16/2024
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Exxon plans to drill up to 30 wells for its seventh oil project in Guyana
- Exxon Mobil Corp plans to drill up to 30 wells as part of its seventh oil project in Guyana, named Hammerhead, according to the development plan proposed by the company and disclosed by the government on Monday.
- 07/15/2024
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3 Dividend Stocks That Were Home Runs in the First Half (Will the Second Half Be as Good?)
- NextEra Energy is all about the dividend growth, which looks set to keep going at 10% a year. Targa Resources delivered a high-octane return and should have more fuel to continue rising.
- 07/13/2024
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A 15-Stock Dividend Growth Retirement Portfolio For Stagflation
- We discuss why our base case for the U.S. economy is stagflation. We share a 15-stock portfolio that is well-positioned for a stagflationary environment. We share why it is positioned to deliver an attractive current dividend yield along with strong dividend growth.
- 07/12/2024
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Three Energy Stocks to Buy as the Summer Heat Cranks Up
- This summer is set to be a record breaker – with multiple heatwaves already impacting millions of people across the U.S. – even though we are still at the start of July. The weather has been so extreme that, tragically, people have passed away due to the heat this year.
- 07/11/2024
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3 Energy Companies to Gain on Rock Solid Balance Sheet
- EIA foresees a slowdown in GDP growth rate, which may consequently dampen energy demand. Hence, keep an eye on XOM, CVX and COP, which boast a strong balance sheet.
- 07/11/2024
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5 High-Yield Dividend Champions to Buy Hand Over Fist Now
- Dividend stocks are a favorite among investors for good reasons.
- 07/11/2024
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Jim Cramer reviews 8 companies that could top $1 trillion in market cap
- CNCB's Jim Cramer on Wednesday reviewed eight stocks that could join the coveted "trillion-dollar stock club," pinpointing Eli Lilly and Tesla as top contenders. Also on the list are Berkshire Hathaway, JPMorgan, Broadcom, Walmart, Visa and Exxon Mobil.
- 07/10/2024
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3 ‘Buy Now or Cry Later' Stocks for Long-Term Wealth
- Most investors are primarily concerned with building long-term wealth as opposed to capturing quick gains. Of course, those same investors would gladly reap short-term gains if they were reliable, but they aren't.
- 07/10/2024
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Should You Buy, Hold, or Sell ExxonMobil (XOM) Post Q2 Update?
- Exxon Mobil Corporation XOM recently made a Form 8-K disclosure, stating that soft natural gas prices — resulting from reduced demand and surplus inventories — are expected to have negatively impacted its second-quarter 2024 earnings. Additionally, its announcement regarding diminished refining margins exacerbates apprehensions about second-quarter earnings performance.
- 07/10/2024
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Why this portfolio manager favors ExxonMobil over First Solar
- Today's segment of Good Buy or Goodbye features host Julie Hyman alongside Hennessy Energy Transition Portfolio Manager Fund Ben Cook. Together, they explore Cook's top stock pick and top stock to avoid within the energy sector.
- 07/09/2024
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Why Oil Refinery Stocks' ‘Famine' Could Turn Into a ‘Feast'
- A decline in margins has weighed on refining stocks
- 07/09/2024
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4 Dividend Aristocrats To Buy In July And 4 To Watch
- "Dividend Aristocrats
- 07/09/2024
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ExxonMobil (XOM) Expects Soft Gas Prices to Hurt Q2 Earnings
- ExxonMobil (XOM) expects soft gas prices and unfavorable changes in industry margins to hurt Q2 earnings.
- 07/09/2024
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BP Joins Exxon in Warning About Weaker Margins. What It Means for Chevron.
- The oil giant's warning adds to the gloom hanging over energy stocks.
- 07/09/2024
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‘Crash proof' your portfolio with these 10 stocks and 3 ETFs
- You don't get upset for having homeowner's insurance but your house doesn't burn down. The same principle should apply to investors who insure their stock portfolios against a crash.
- 07/09/2024
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6 Magnificent Dividend Stocks to Buy Now
- 24/7 Insights Despite the huge run in the Nasdaq and S&P 500 this year, dividend stocks are still reasonable.
- 07/09/2024
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BP joins Exxon in saying weak refining margins will hit second-quarter profits
- BP on Tuesday said it expects weak margins in its refining business will have hit its second quarter profits by up to $700 million after Exxon Mobil on Monday said a similar slump in refining margins could see it take a $1.5 billion hit.
- 07/09/2024
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Exxon Mobil (XOM) Stock Sinks As Market Gains: Here's Why
- In the most recent trading session, Exxon Mobil (XOM) closed at $112.18, indicating a -1.05% shift from the previous trading day.
- 07/08/2024
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Exxon Mobil expects weaker earnings than market was expecting, filing shows
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) shares fell Monday on indications from the oil supermajor that quarterly earnings would be weaker than expected. An 8K filing indicated earnings per share (EPS) would be around $1.50-2.40 per share, mostly less than the consensus forecast of roughly $2.30 per share.
- 07/08/2024
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Exxon signals Q2 below market consensus, excluding Pioneer buy
- Exxon Mobil Corp on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce profits in the second quarter.
- 07/08/2024
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Exxon Slips on Chance of Weak Earnings
- The company released a few details about its coming quarterly report in a government filing.
- 07/08/2024
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3 Triple Threat Stocks to Buy: High Yields, Big Gains and Rock-Solid Safety
- Life and the market are about compromise. Generally speaking, if you're looking for high growth, you typically aren't getting much in the way of dividends, if anything.
- 07/08/2024
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Namibia Emerges as a New Frontier for Global Oil Giants
- Namibia's coastline hides a treasure trove of oil reserves. Chevron, ExxonMobil and Shell are eagerly poised to tap into this wealth, positioning themselves for strategic gains in Africa's new frontier.
- 07/05/2024
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3 Oil Stocks to Buy on the Dip Before They Surge
- Crude oil prices have started to move higher after a period of moving lower due to the lack of upside catalysts, presenting opportunities for oil stocks to buy on dip. The recent trend has been driven by optimistic demand forecasts for summer fuel consumption and a decline in U.S. crude inventories.
- 07/05/2024
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Best, Worst of 2nd Half: 2 Dow Stocks to Monitor
- A strong first half of the year suggests prolonged tailwinds on Wall Street, according to Schaeffer's Senior Quantitative Analyst Rocky White.
- 07/05/2024
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The 3 Best Energy Stocks to Buy in July 2024
- In its June meeting, The Organization of the Petroleum Exporting Countries (OPEC) extended most of its production cuts through the end of 2025. While some pundits view the move as an attempt to support an oversupplied market, it puts a floor on oil prices.
- 07/04/2024
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Energy Stocks: Winners And Losers At The Beginning Of H2 2024
- The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.
- 07/04/2024
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Exxon Mobil poised to deliver Q2 earnings beat on higher crude prices, increased production
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) is expected to highlight quarter-over-quarter improvements when it files its quarterly earnings considerations 8-K, analysts at UBS believe. The UBS analysts have a ‘Buy' rating on the stock and a $154 price target, representing upside of about 35% from its current share price of $114.
- 07/03/2024
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Exxon-Hess arbitration panel nears formation, sources say
- The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp , two people familiar with the matter told Reuters.
- 07/02/2024
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Exxon and Chevron Are Among the Safest Dividend Stocks. Check These Out, Too.
- U.S. stocks account for two-thirds of a UBS list of reliable dividend payers, but some of the highest-yielding companies are based overseas.
- 07/02/2024
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7 Long Haul Stocks to Create Lasting Wealth
- Creating long-term wealth in the stock market is fundamentally simple: Pick a time-tested strategy, stick to it, sell your losers and ride out the winners, be patient and keep investing. It sounds relatively simple and it is but the question of which long haul stocks are likely to create wealth still arises.
- 07/02/2024
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Buy These 7 Dividend Stocks and Hold Forever
- 24/7 Insights Quality dividend stocks outperform non-dividend stocks for shareholders.
- 07/02/2024
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Is It Time To Buy ExxonMobil As Shares Take Another Dip?
- XOM stock has gyrated since Exxon reported its latest earnings results. Shares are trading below a base bottom.
- 07/02/2024
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Is It Time To Buy ExxonMobil Stock As Oil Prices Hit Two-Month Highs?
- XOM stock is climbing back from June lows along with the rise in oil prices. Exxon is fighting to block Chevron's acquisition of Hess.
- 07/02/2024
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Is It Time To Buy XOM Stock After Exxon Mobil Beat Earnings Views?
- XOM stock fell sharply with the price of oil. But shares are off a 52-week low and earnings topped estimates.
- 07/02/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Flirts With Its All-Time High?
- XOM stock is within 3% of its February all-time high. Exxon reports earnings this week.
- 07/02/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
- XOM stock is down 15% from February's all-time high. Did XOM get unduly punished during the bank crisis, giving investors a chance to buy?
- 07/02/2024
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Is It Time To Buy XOM Stock As Shares Come Off A High And Earnings Loom?
- XOM stock pulled back after reaching a new high. Exxon earnings are around the corner.
- 07/02/2024
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2 Energy Stocks to Avoid in July Amid Oil Rally
- Oil prices are on the rise today, on track for their highest close since April as analysts continue to forecast supply deficits.
- 07/01/2024
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Albemarle Joins Exxon In The Lithium Hunt
- Albemarle joins the ranks of Standard Lithium and Exxon in the hunt for lithium in Arkansas. ALB has put in an application with the state of Arkansas to operate a lithium extraction pilot plant (to test the viability of the lithium). This pilot plant will be at a pre-existing bromine operation in Arkansas that ALB owns. The company could use an outside DLE provider to extract lithium such as KOCH-SLI.
- 07/01/2024
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If I Had To Retire With 10 Dividend Aristocrats, It Would Be These
- If you want a massive dividend snowball: Get the right combination of dividend yield and growth for maximum compounding effect. Dividend Aristocrats may not always be the best choice due to high valuations and low yields. I refine a list of Dividend Aristocrats from 60+ to 10 based on yield and growth rates if I had to pick just 10.
- 06/30/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 06/28/2024
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ExxonMobil's (XOM) Hammerhead Project Fuels Guyanese Production
- ExxonMobil (XOM) is currently producing around 650,000 barrels per day of oil from Guyana, and the Hammerhead FPSO is expected to ramp up the production to 1.5 million barrels per day.
- 06/28/2024
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While The Tech Sector Corrects, Energy Quietly Rises: 5 Stocks For Your Watch List
- Over the past five days, the S&P 500 index dipped by 0.17%. The technology sector, represented by the SPDR Select Sector Fund – Technology XLK, declined by 2.23%.
- 06/27/2024
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US Senate committee probes 18 oil producers on price collusion with OPEC
- The U.S. Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any efforts to illegally coordinate oil prices with the Organization of the Petroleum Exporting Countries (OPEC).
- 06/27/2024
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Exxon Mobil: Gaining A Competitive Edge With Cost Advantaged Assets
- Exxon Mobil and partners had a record-breaking profitable fiscal year in Guyana with the widest margins in the industry for a major project. Discovering oil in offshore Guyana took years and lots of money. There were many failures before there was oil found. The Sixth FPSO project, Whiptail, is underway and expected to be in production in fiscal year 2027, contributing to a future total production of 1.5 million BOD.
- 06/27/2024
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ExxonMobil's (XOM) French Refinery Suspension Looms Amid Strike
- ExxonMobil (XOM) may suspend operations at its Gravenchon refinery due to an ongoing strike. The refinery, representing a fifth of France's refining capacity, has faced significant losses and operational challenges, leaving its future hanging in the balance.
- 06/27/2024
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BP, ExxonMobil Provide A Contrast In Energy Transition Strategies
- Reuters reports that new BP CEO Murray Auchincloss announced this week that his company will impose a hiring freeze and pause investments in new wind energy projects in an effort to make the UK-based major more competitive and attractive to investors. The moves come amid rising dissatisfaction from top BP shareholders over the company's strategies related to renewables and other investments aimed at improving its ESG ratings.
- 06/27/2024
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3 Stocks To Buy As Oil Prices Collapse, OPEC Panics
- The numbers are in, and they do all the talking.
- 06/26/2024
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3 Permian Stocks to Keep on Your Radar on Strong Oil Prices
- Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
- 06/26/2024
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ExxonMobil (XOM), Air Liquide Partner for Texas Hydrogen Project
- ExxonMobil (XOM) and Air Liquide join forces to enhance low-carbon hydrogen and ammonia production at the Baytown, TX facility, slated to begin production in 2028, to drive industrial decarbonization along the U.S. Gulf Coast.
- 06/26/2024
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Exxon Mobil: Lithium, Robots, And A 3.3% Dividend
- Exxon is making moves towards an electric car future by buying lithium-rich land in Arkansas and hiring for lithium positions. This project is massive in scope at 100,000 tons. Arkansas is an ideal location for lithium production due to factors such as high lithium grades, friendly locals, and abundant infrastructure. Exxon's entry into the lithium market is driven by future demand for lithium and the need to impact its bottom line.
- 06/26/2024
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Guyana selects former Exxon exec's firm to engage with Exxon in gas project
- A newly formed company headed by a former Exxon Mobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.
- 06/25/2024
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Exxon Mobil: The Permian Printing Press
- Exxon Mobil Corporation completes largest shale patch merger with Pioneer Natural Resources. Analysts have mixed opinions on Exxon's future performance post-merger. Exxon's relentless commitment to cost control and potential for long-term growth make it a solid investment opportunity.
- 06/25/2024
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Exxon, South Korea's SK On sign non-binding deal for lithium supply
- U.S. energy major Exxon Mobil said on Tuesday it had signed a non-binding agreement to supply lithium from its proposed Arkansas project to South Korean EV battery maker SK On.
- 06/25/2024
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ExxonMobil and EV battery maker SK On sign MOU regarding U.S. produced Mobil™ Lithium
- SPRING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE: XOM) has signed a non-binding memorandum of understanding (MOU) with SK On, a global leading electric vehicle (EV) battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of Mobil™ Lithium from the company's first planned project in Arkansas. SK On plans to use the lithium in its EV battery manufacturing operations in the U.S. This will contribute to ExxonMobil's goal, announced in late 2023, o.
- 06/25/2024
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4 Oil Companies Capitalizing on Booming Permian Production
- EOG, FANG, XOM and MTDR, with their vast resources and strategic positioning, are poised to leverage the Permian's output for substantial returns.
- 06/25/2024
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3 Energy Giants Set to Soar With Record Jet Fuel Demand
- As summer travel peaks, U.S. refiners ramp up their jet fuel production to meet the record demand. ExxonMobil, Chevron and Phillips 66 are ready to ride on this fuel-fueled wave.
- 06/25/2024
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Exxon-led Guyana oil group's net jumps in 2023, margins top Nvidia's
- Guyana's lucrative agreement with an Exxon Mobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.
- 06/25/2024
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Exxon Mobil and Air Liquide agree to support production of low-carbon hydrogen
- Exxon Mobil and Air Liquide have agreed to support the production of low-carbon hydrogen and ammonia at the oil major's facility in Baytown, Texas, the companies said on Monday.
- 06/24/2024
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ExxonMobil Adds Air Liquide to World's Largest Low-Carbon Hydrogen Project
- SPRING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE: XOM) and Air Liquide today announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil's Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide's existing pipeline network. Additionally, Air Liquide will build and operate four Large Modular Air separation units (LMAs) to supply 9,000 metric tons of oxygen and up to 6,500 metric tons of nitrogen.
- 06/24/2024
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ExxonMobil (XOM) Initiates Lau-Lau 2 Appraisal Offshore Guyana
- ExxonMobil's (XOM) appraisal of Lau-Lau 2 is a part of the energy major's extensive exploration program, which includes other wells like Haimara 3 and 4, Trumpetfish-1 and Bluefin-1.
- 06/24/2024
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2 Amazing Energy Dividends With Up To 8% Yield
- Value investing remains favorable, despite missing out on hot stocks like Nvidia and Dell Technologies due to inflated valuations in tech growth stocks. The stock market is forward-looking, with tech growth stocks already pricing in future earnings, potentially leading to lackluster gains in the future. Canadian Natural Resources offers stability with its oil sands reserves and strong free cash flow returns, while MPLX provides reliable cash flows and growth potential in the midstream energy sector.
- 06/23/2024
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Want $2,000 in Passive Income? Invest $15,000 in These 5 Dividend Stocks and Wait 4 Years
- UPS' dividend is simply too good to pass up. Chevron and ExxonMobil haven't been this financially healthy in over a decade.
- 06/22/2024
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Insider Maria Dreyfus Just Bought $2 Million of Exxon Mobil (XOM) Stock
- Maria Dreyfus was elected to Exxon Mobil's (NYSE: XOM ) board just last month, although the director has already made her first buy as an insider. Dreyfus is also the CEO and founder of Ardinall Investment Management.
- 06/21/2024
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Striking French workers block delivery trucks at ExxonMobil refinery
- Striking workers blocked delivery trucks carrying oil products, including petrol, from leaving the ExxonMobil Chemical France's Port-Jerome-Gravenchon refinery in northern France on Friday.
- 06/21/2024
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ExxonMobil's (XOM) Right of Refusal Halts Chevron-Hess Deal
- The delay stalls a decision on whether ExxonMobil (XOM) has a right of first refusal over Hess' lucrative Guyana operations.
- 06/21/2024
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Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled
- A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right of first refusal over Hess' Guyana operations.
- 06/20/2024
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Top 3 Stocks to Buy Now as Energy Sector Hits Buy Zone
- After showing relative strength in the first quarter, the energy sector and the Energy Select Sector SPDR Fund ETF NYSEARCA: XLE trended lower in the second quarter, recouping most of their gains. Now up just over 5% year-to-date, the sector is underperforming the market and its benchmark.
- 06/20/2024
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Judge tosses Exxon lawsuit against activist shareholder Arjuna: Here's what's next for the company
- Former SEC Chairman Jay Clayton joins 'Squawk Box' to discuss news of a judge ending Exxon Mobil's lawsuit against activist shareholder Arjuna over climate proposal, what's next for the company, and more.
- 06/20/2024
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Acquisition Premiums Return To The Oil Patch
- The shale industry is showing signs of maturity. Some acquisition trends appear to be burgeoning, such as acquisition premiums, more debt, and looser hedging requirements.
- 06/19/2024
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QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Owners of a $10-billion liquefied natural gas (LNG) project that has stalled with the bankruptcy of its main contractor are asking a court to immediately oust Zachry Industrial from the project, a court filing showed.
- 06/19/2024
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ExxonMobil (XOM) Lawsuit Against Activist Dismissed by US Judge
- The dismissal of ExxonMobil's (XOM) lawsuit underscores the complexities and challenges companies face in responding to shareholder activism on environmental issues.
- 06/19/2024
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Buying Value The Smart Way - 3 Fantastic Dividend Stocks To Buy Now
- In a challenging market, I recommend a defensive strategy focused on quality stocks at deep-value prices. High S&P 500 valuations suggest subdued returns, emphasizing cautious investing. The AI-driven rally has skewed expectations, benefiting a few stocks. Despite early underperformance, I believe in the long-term potential of value investing based on historical trends. Focus on companies with strong fundamentals, consistent dividends, and growth potential. This approach offers stability and outperformance in a demanding investment landscape.
- 06/19/2024
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June's 5 Dividend Growth Stocks With 5.02%+ Yields
- Dividend growth stocks can provide reliable cash flows and drive long-term wealth for income investors. Every month we screen for dividend stocks based on safety, growth, and consistency metrics to help identify worthwhile investments. This month we have five familiar names, but one utility name we haven't touched on in over two years now, which appears to be an attractive consideration.
- 06/18/2024
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Exxon Mobil Is Looking Attractive Again, Yielding 3.48%
- Exxon Mobil is retracing below the $110 level, down -11.83%, now yielding 3.48%. Bullish on energy and utilities, XOM returning capital to shareholders, potential for capital appreciation and income generation. XOM is well-positioned for future growth, strong financials, attractive valuation, and potential for dividend and buyback growth.
- 06/18/2024
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Top 3 Energy Stocks Which Could Rescue Your Portfolio In June
- The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
- 06/18/2024
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3 Oil & Gas Stocks to Buy Now: June 2024
- Oil and gas stocks have gotten left out of the party in 2024. The price of crude oil dipped below $80 per barrel in April and has not risen much past that mark as investors fret about a potential economic slowdown.
- 06/18/2024
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Judge tosses Exxon Mobil lawsuit against activist shareholder Arjuna over climate proposal
- A federal judge in Texas dismissed Exxon Mobil's controversial lawsuit against Arjuna Capital over a climate proposal.
- 06/17/2024
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US judge dismisses Exxon case against activist investor over proxy filing
- A U.S. judge on Monday dismissed a lawsuit Exxon Mobil had filed against activist group Arjuna Capital after the group had agreed not to pursue future proxy filings at the company's annual meetings.
- 06/17/2024
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Exxon Mobil (XOM) Stock Slides as Market Rises: Facts to Know Before You Trade
- Exxon Mobil (XOM) reachead $108.36 at the closing of the latest trading day, reflecting a -0.69% change compared to its last close.
- 06/17/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/17/2024
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Exxon Mobil: Cheap At An 11x Multiple, Bigger Buybacks Possible In 2H
- WTI crude oil remains in the upper $70s, performing well last week despite macro challenges. Energy sector stocks continue to struggle compared to tech-related stocks, with XLE hitting 26-month relative lows versus the S&P 500. I have a buy recommendation on ExxonMobil (XOM) due to an attractive valuation, its strong free cash flow, and the potential for shareholder-friendly initiatives following the acquisition of Pioneer.
- 06/16/2024
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Exxon Mobil: OPEC+ Driving Earnings Upside (Rating Upgrade)
- Exxon Mobil is focusing on high-potential production areas like Guyana and Permian to drive its upstream earnings. OPEC+ supply limitations could boost petroleum prices, benefiting Exxon Mobil. Undervalued Exxon Mobil offers potential for growth, especially with recent Permian-focused acquisitions.
- 06/16/2024
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Don't Be A Drip, Invest In A Gusher: Why Exxon Mobil Is A Top Pick
- U.S. companies, particularly in tech and energy, outperform global counterparts. Exxon Mobil's focus on core operations, strategic investments, and shareholder value make it a reliable investment. Strong financial health, massive shareholder distributions, and solid credit rating make Exxon Mobil a dependable choice for income-focused investors.
- 06/16/2024
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ExxonMobil's (XOM) Nigerian Asset Sale Nears Completion
- The deal will see Seplat Energy acquiring ExxonMobil's (XOM) assets for $1.28 billion, significantly bolstering its position in Nigeria's oil and gas sector.
- 06/14/2024
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3 Energy Stocks to Gain From Seismic Imaging Technologies
- Embracing seismic imaging innovations equips oil & gas firms to sustain competitiveness & mitigate operational uncertainties. ExxonMobil (XOM), Chevron (CVX) and BP are thus well poised to gain.
- 06/14/2024
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The Dividend Defenders: 3 Stocks That Will Protect and Grow Your Wealth Dividend Stocks
- With the markets trading at all-time highs, it's natural to want to protect your gains by turning to a more defensive strategy. As we've seen throughout history, when the markets go up, they tend to pull back to retest key averages and demand levels.
- 06/14/2024
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Nigeria's Seplat says NNPC has withdrawn challenge to $1.3 bln Exxon deal
- Seplat Energy is pursuing a swift conclusion to its $1.28 billion acquisition of ExxonMobil's Nigerian shallow water oil assets, it said on Friday after being notified that NNPC had halted a legal challenge to the deal.
- 06/14/2024
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Commodity Stocks Caught Fire. Now, It's Time to Get Out.
- Investors have gotten ahead of themselves. These names have big gains, then big losses.
- 06/13/2024
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These 4 S&P 500 stocks are helping to tame U.S. market volatility
- Far from being a source of concern, the U.S. stock market's extremely low volatility is something to celebrate. The CBOE Volatility Index VIX, or VIX, which is a measure of the S&P 500's SPX expected volatility over the subsequent month, is now lower than 88% of daily readings since 1990.
- 06/13/2024
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Dividend Heaven: 7 Standout Stocks for Income Investors to Buy in June
- Building a solid retirement portfolio to carry you through your golden years requires just a few key ingredients like income reliability, dividend growth and exceptional yield. That's because retirement is not the time to take fliers on penny stocks.
- 06/13/2024
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2 No-Brainer Energy Stocks to Buy Right Now for Less Than $500
- Elevated oil and gas prices helped industry operators pay down debt and solidify their balance sheets. ExxonMobil operates across the value chain and provides a reliable dividend that has grown for 41 consecutive years.
- 06/12/2024
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Blue-Chip Bonanzas: 3 Industry Leaders Trading at Unbelievable Discounts
- When it comes to targeting discounted ideas in the equities sector, undervalued blue-chip stocks offer some of the most compelling prospects. First and foremost, blue chips earn the status through decades of business and earnings expansion.
- 06/12/2024
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Craig Morford to Retire as Vice President, General Counsel and Secretary; Jeff Taylor Elected as Vice President, General Counsel and Secretary
- SPRING, Texas--(BUSINESS WIRE)--Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corporation (NYSE: XOM), has announced his retirement effective July 1, 2024. The Board of Directors has elected Jeff Taylor as Vice President, General Counsel and Secretary for the company. “Craig has been a valued member of our Corporate Leadership Team during his time as General Counsel providing his strong legal experience and counsel to advance our strategic priorities,” said Darren.
- 06/12/2024
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Exxon Mobil Set For A Breakout (Rating Upgrade)
- OPEC's decision to extend supply cuts until the end of 2025 is bullish for energy companies like Exxon Mobil. Exxon Mobil could benefit from the strength of the U.S. economy, with robust job creation and wage growth. The combination of OPEC's supply cuts and a strong U.S. economy creates a positive outlook for Exxon Mobil's earnings and free cash flow.
- 06/11/2024
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Why Exxon Mobil (XOM) Outpaced the Stock Market Today
- Exxon Mobil (XOM) closed at $113.08 in the latest trading session, marking a +0.29% move from the prior day.
- 06/10/2024
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ExxonMobil's (XOM) Golden Pass LNG Project Faces Six-Month Delay
- ExxonMobil (XOM) and QatarEnergy's ambitious Golden Pass LNG project faces a significant delay after contractor issues, pushing the expected startup of key LNG trains to late 2025 and early 2026.
- 06/07/2024
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4 Dividend Aristocrats To Buy In June And 4 To Watch
- "Dividend Aristocrats
- 06/07/2024
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Exxon Mobil's stock could fall behind its peers — so stop buying, analyst says
- Shares of Exxon Mobil Corp. fell Friday, as Truist Securities backed away from its bullish call, citing a number of concerns, such as the belief that the oil giant's free-cash-flow yield will trail that of peers “well into 2025.”
- 06/07/2024
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Slick Picks: 3 Oil Stocks to Grease Your Portfolio's Gears
- Investors aiming for diversification can capitalize on the energy sector's potential by adding oil stocks to their portfolios. In early June, the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to extend a voluntary production cut of 2.2 million barrels of crude oil a day into 2025.
- 06/07/2024
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The 3 Most Undervalued Oil & Gas Stocks to Buy in June 2024
- The oil and gas industry just got a rude awakening. The Organization of the Petroleum Exporting Countries and their allied partners, including Russia (OPEC+), agreed to extend production cuts into 2025.
- 06/06/2024
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Hedge Fund Favorites: 7 Stocks to Buy When You're Feeling Jittery
- With the market entering a historically challenging season (due to the adage buy in May and go away), jittery investors may want to turn to stocks to buy tacitly endorsed by the hedge funds and other institutional players. Basically, if the big dogs like these ideas, you might want to consider adding some yourself.
- 06/06/2024
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Vanguard says it backed Exxon board, but cites investor rights concerns
- Vanguard said its funds supported the election of Exxon's director nominees at its annual meeting last week, but the mutual fund giant cited lingering concerns about the energy company's lawsuit against climate activists.
- 06/05/2024
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The Dividend Dignitaries: 3 Stocks That Will Lend an Air of Authority to Your Portfolio
- With the market presenting challenges for investors, the case for trustworthy dividend stocks naturally rises. Providing a mixture of relatively predictable businesses with consistent passive income, these stalwart enterprises offer one of the best ways to stave off market jitters.
- 06/04/2024
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Big Oil's M&A Splurge: Will the Buying Frenzy Continue?
- Big Oil companies like ExxonMobil, Chevron and ConocoPhillips are using mergers and acquisitions to consolidate their future in a volatile and evolving market.
- 06/04/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 06/04/2024
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Exxon, Chevron, Conoco Stocks Extend Declines Along With Oil Prices
- The OPEC announcement over the weekend was widely seen as a plan to add back production from members' current coordinated cuts.
- 06/04/2024
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Three Buys and a Bail: AMD, Duke Energy, Exxon & Starbucks
- Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss trades on four stocks: AMD, Duke Energy, Exxon, and Starbucks.
- 06/03/2024
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Retirement Roadblocks: 7 Stocks to Avoid as You Near the Finish Line
- As you approach retirement, it's crucial to carefully consider your investment portfolio and make strategic decisions to safeguard your financial future. While some stocks may seem attractive, certain investments can pose significant risks to your retirement savings.
- 06/03/2024
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Earn An 'Embarrassing' Amount Of Cash Flow From These Contrarian Picks
- Amazon CEO Andy Jassy highlights key traits for success in a career professional, including working hard, being can-do, and following through on commitments. There are different paths to success, and income investors can potentially achieve a high level of success by buying quality undervalued companies that pay dividends. In this article, I highlight high-yielding names in REITs, Energy, and Healthcare that I find attractive at present.
- 06/03/2024
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The Dow Dumped Exxon in 2020. Adding Salesforce Was a Losing Move.
- The call, meant to make the benchmark better represent the economy, has left investors tracking the average with less money than they would have had otherwise.
- 05/31/2024
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Exxon Mobil (XOM) have what it takes?
- 05/31/2024
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Oil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves
- Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come.
- 05/31/2024
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Did FTC Over-Reach In Prohibiting Scott Sheffield From ExxonMobil's Board
- The Federal Trade Commission (FTC) has taken an unprecedented step as part of the biggest shale oil and gas merger ever: ExxonMobil buying Pioneer Natural Resources Pioneer Natural Resources for the hefty sum of $60 billion. But, as part of the deal, FTC announced on May 3, 2024, the chairman of Pioneer, Scott Sheffield, was prohibited from joining the board at ExxonMobil ExxonMobil or retaining any advisory capacity.
- 05/31/2024
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4 Integrated Energy Stocks to Gain From Solid Industry Trends
- From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP & VIST will make the most of the favorable business scenario.
- 05/31/2024
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Reasons to Retain ExxonMobil (XOM) in Your Portfolio Now
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 05/31/2024
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Strike could resume Wednesday at ExxonMobil complex in France
- A strike by chemical unit workers set to lose their jobs at an ExxonMobil petrochemical complex in northern France will remain suspended through June 4 while talks are held over severance packages, the company and a union said on Friday.
- 05/31/2024
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The Retirement Rainmakers: 3 Stocks Delivering Both Income and Growth
- Generally speaking, retirement income stocks tend to be boring, predictable affairs for a reason. At this point, you don't want to be rocking the boat.
- 05/31/2024
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Senate Democrats accuse oil companies of collusion with OPEC, demand DOJ investigation
- Nearly two dozen Democratic senators, led by Majority Leader Chuck Schumer, D-N.Y., wrote a letter to the Justice Department urging a probe of alleged collusion between the oil industry and OPEC.
- 05/30/2024
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These 3 Companies are Cash-Generating Machines
- Exxon Mobil, Microsoft, and Visa are all cash-generating machines. Strong cash flows allow the companies to pay down debt and shell out dividend payments.
- 05/30/2024
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Schumer and 22 fellow Senate Democrats urge Justice Department to crack down on oil-price fixing
- WASHINGTON (AP) — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged collusion and price fixing in the oil industry.
- 05/30/2024
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Schumer Urges Big Oil, Gas Investigation
- Senate Majority Leader Chuck Schumer and other Democrats are calling the justice department to investigate possible collusion or price fixing at oil and gas companies. Bloomberg's Kailey Leinz has the story.
- 05/30/2024
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Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago
- Exxon Mobil was replaced by Salesforce as Dow component in August 2020, a shakeup seen a sign of the energy sector's weakness and tech's strength. But the oil major's stock has gained nearly 170% since the announcement of its exit from the Dow, while Salesforce has gained just 4% over the same period.
- 05/30/2024
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Strategic Asset Divestitures: 3 Energy Firms Setting the Trend
- Divesting non-core assets is a strategic tool for oil and gas companies to enhance financial health. This highlights the need to keep an eye on XOM, BP and OXY.
- 05/30/2024
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3 Energy Companies With Rock-Solid Balance Sheet to Watch (Revised)
- EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.
- 05/30/2024
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Exxon moves to smaller offices as it cuts back Nigerian operations
- ExxonMobil is not renewing a 33-year-old lease on its expansive offices in Lagos's upscale Lekki district which expires on Friday, three sources inside the company told Reuters, as it looks to scale down operations in Nigeria.
- 05/30/2024
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Efforts To Oust ExxonMobil Chairman, Board Members Run Aground
- ExxonMobil ExxonMobil chairman and CEO Darren Woods and lead independent board member Joseph Hooley sailed to easy re-elections to the Board of Directors Wednesday at the company's annual shareholder meeting. As detailed here last week, both had been targeted by ESG-focused investors in recent weeks, with state fund managers in California (CalPERS) and New York pledging to oppose most or all the rest of the Board as well.
- 05/30/2024
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Shell and Exxon near £394 million deal to sell North Sea gas fields
- Shell PLC (LSE:SHEL, NYSE:SHEL) and Exxon Mobil Corp (NYSE:XOM, ETR:XONA)are close to finalising a £394 million deal to sell their jointly-owned gas fields in the southern North Sea to British producer Viaro Energy. This potential sale includes the Clipper and Leman Alpha field clusters.
- 05/30/2024
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U.S. Chamber's Tom Quaadman on Exxon activist lawsuit: Exxon had no alternative but to go to court
- Tom Quaadman, U.S. Chamber of Commerce EVP for capital markets competitiveness, joins 'Squawk Box' to discuss news of CalPERS voting against Exxon Mobil at the company's annual meeting today, why the U.S. Chamber joined Exxon Mobil's lawsuit against two activist groups, and more.
- 05/29/2024
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Why CalPERS Opposes Entire Slate of Exxon Directors
- Marcie Frost, CEO of California Public Employees Retirement System (CalPERS), cites "an absolute governance failure" when explaining why CalPERS is voting against the entire slate of Exxon Mobil directors. She speaks with Matt Miller on Bloomberg Television.
- 05/29/2024
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CalPERS CEO Marcie Frost on voting against Exxon Mobil board and Elon Musk's pay package
- CalPERS CEO Marcie Frost joins 'Squawk Box' to discuss why the agency is voting in opposition to all of Exxon's 12 director nominees and CEO Darren Woods at the company's annual shareholder meeting, Elon Musk's Tesla pay package, and more.
- 05/29/2024
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3 Energy Companies With Rock-Solid Balance Sheet to Watch
- EIA foresees no growth in GDP this year, with a projected downturn in the following year, consequently dampening energy demand. This highlights the need to keep an eye on XOM, CVX and COP.
- 05/29/2024
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Shell, Exxon near deal to sell North Sea assets to Viaro, sources say
- Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said.
- 05/29/2024
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$10K Slam Dunks: 3 Stocks to Buy Without Hesitation
- We are in a bull market that defies explanation. We suffered through the highest inflation rates in 2022 only to see the market take off.
- 05/28/2024
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Investment Managers Take Aim At ExxonMobil's Board
- ExxonMobil is under fire, again, from activist shareholders and investment advisors. CalPERS, the State of New York, proxy advisory firm Glass Lewis, and others are lining up to vote against nominees to ExxonMobil's ExxonMobil board.
- 05/28/2024
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Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty
- The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil. Exxon claims a right of first refusal over Hess' lucrative assets in Guyana under a joint operating agreement.
- 05/28/2024
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Former Pioneer CEO urges FTC to withdraw ban on his inclusion in Exxon's board
- Scott Sheffield, the former CEO of Pioneer Natural Resources, has requested the US Federal Trade Commission to vacate its order that barred his inclusion on Exxon Mobil's board.
- 05/28/2024
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Permian Break-Even Costs Low: 3 Energy Stocks to Gain
- It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).
- 05/28/2024
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Highlighting Exxon suit, investors urge firms to keep shareholder spats out of court
- A group of around 40 large European and American institutional investors on Tuesday urged companies to refrain from taking shareholders to court over disagreements relating to their proposals.
- 05/28/2024
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Exxon-Chevron dispute: Portfolio manager weighs in on 'crown jewel' of the transaction
- Rob Thummel, senior portfolio manager at Tortoise, discusses Exxon and Chevron's dispute over Hess' Guyana oil assets.
- 05/27/2024
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ExxonMobil (XOM) Faces Opposition Over Climate Activist Lawsuit
- ExxonMobil's (XOM) recent decision to file a legal action against investors pushing for more substantial measures to reduce greenhouse gas emissions sparks a reaction from several investors.
- 05/27/2024
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3 No-Brainer Dividend Stocks That Have Outperformed The S&P 500 and Nasdaq Composite Over the Last 3 Years
- WM is an expensive stock for all the right reasons. ExxonMobil is an oil supermajor that's a must-watch for income investors looking for dividends from the oil patch.
- 05/26/2024
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Inside the Rockefeller Clan's Intensifying Feud With Exxon
- They have suffered reversals in their efforts to hold the energy giant to account for climate change, but the family that owes its fortune to oil isn't backing down.
- 05/25/2024
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Is It Time To Buy ExxonMobil As Shares Take Another Dip?
- XOM stock has gyrated since Exxon reported its latest earnings results. Shares are trading below a base bottom.
- 05/24/2024
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Is It Time To Buy XOM Stock After Exxon Mobil Beat Earnings Views?
- XOM stock fell sharply with the price of oil. But shares are off a 52-week low and earnings topped estimates.
- 05/24/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Flirts With Its All-Time High?
- XOM stock is within 3% of its February all-time high. Exxon reports earnings this week.
- 05/24/2024
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Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
- XOM stock is down 15% from February's all-time high. Did XOM get unduly punished during the bank crisis, giving investors a chance to buy?
- 05/24/2024
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Is It Time To Buy XOM Stock As Shares Come Off A High And Earnings Loom?
- XOM stock pulled back after reaching a new high. Exxon earnings are around the corner.
- 05/24/2024
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Sell Alert: 2 Dividend Stocks To Sell In May And Go Away
- The "Sell in May and go away" adage suggests selling stocks in May and returning in November, but historical data shows that June and July have been strong months. September is consistently the worst month for the stock market, with unpredictable returns, while November has historically been the best month. Selling stocks should be based on valuation rather than following a seasonal strategy, focusing on rotating out of overvalued stocks and into undervalued ones.
- 05/24/2024
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U.S. Republican states support Exxon in shareholder activism row
- Officials from 19 Republican U.S. states urged major money managers on Thursday not to vote against ExxonMobil's directors at a meeting next week where some shareholders plan to voice their opposition to a lawsuit launched by the oil company against climate activists.
- 05/24/2024
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 05/24/2024
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Greening the Black Gold: 3 Energy Stocks to Gain From CCS Projects
- Investors may keep an eye on three major energy companies, ExxonMobil (XOM), Chevron (CVX), and Shell (SHEL), all actively participating in CCS endeavors.
- 05/24/2024
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How The SEC Turned Exxon's Shareholder Meeting Into A Climate Fight
- The upcoming Exxon Mobil annual shareholder meeting on May 29 is drawing significant attention due to escalating tensions with several influential pension funds.
- 05/24/2024
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Norway wealth fund to oppose Exxon director over shareholder lawsuit
- Norway's $1.6 trillion sovereign wealth fund said on Friday it will vote against the reappointment of U.S. oil giant Exxon's lead independent director, Joseph Hooley, due to the company's lawsuit targeting climate activist investors.
- 05/24/2024
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ExxonMobil Proxy Fight Seems Motivated By Too Much Success
- In the corporate world, efforts to oust board members by investors are a regular occurrence, to normally be expected when a company is experiencing hard financial times. But in a bit of irony, ExxonMobil ExxonMobil CEO Darren Woods and the company's lead independent director, Joseph Hooley, find themselves under attack from activist investors at a time when the company has achieved record profits, record stock performance, and record market capitalization after the just-completed $60 billion acquisition of Pioneer Natural Resources Pioneer Natural Resources.
- 05/24/2024
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7 Stocks to Buy if the Market Ends Up Plunging
- Stocks to buy if the market fails: that's the other side of the coin to the search query, is the market overvalued right now? Pop that question into your favorite search engine and you're bound to find endless opinions.
- 05/24/2024
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Guyana says it could reallocate gas areas if Exxon does not move project forward
- An Exxon Mobil-led oil consortium will need to decide by October whether it will go ahead and develop a large natural gas find off the coast of Guyana, the country's vice president said on Thursday.
- 05/23/2024
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CalSTRS votes against Exxon's Woods and Hooley
- The California State Teachers' Retirement System has voted against the re-election of Exxon Chairman Darren Woods and of its Lead Director Joseph Hooley, an online record shows.
- 05/23/2024
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3 Permian Explorers Poised to Gain as Oil Prices Stay High
- Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
- 05/23/2024
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Algeria's Sonatrach and Exxon Mobil sign hydrocarbons development deal
- Sonatrach has signed an agreement with U.S. oil major Exxon Mobil to allow the study of opportunities to develop hydrocarbon resources in Algeria's Ahnet and Gourara basins, the state-owned Algerian oil and gas group said on Thursday.
- 05/23/2024
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1 Overlooked Sector That's Helping Fuel the S&P 500 to Record Highs
- Most energy stocks are up sharply this year, fueled partly by higher oil prices. Oil has helped producers like ExxonMobil and Diamondback Energy generate more cash to return to their shareholders.
- 05/23/2024
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Judge rules Exxon can sue activist shareholder over climate proposal
- A federal judge in Texas said Exxon Mobil's lawsuit to bar a climate change proposal from activist investor Arjuna Capital can proceed.
- 05/22/2024
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Exxon case against activist shareholder can proceed, judge rules
- A U.S. judge on Wednesday allowed a lawsuit Exxon Mobil filed against two activist groups seeking to bar their climate resolution to go ahead against one of the two groups.
- 05/22/2024
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The AI Boom Is Powering Gas-Pipeline Stocks
- Shares of leading natural-gas-pipeline firms Kinder Morgan, Williams, Enbridge, and Oneok are surging based on expectations that data centers will ramp up electricity consumption.
- 05/21/2024
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ExxonMobil (XOM), Petronas Strike Major Find Offshore Suriname
- ExxonMobil (XOM) and Petronas celebrate another hydrocarbon discovery in Block 52 offshore Suriname, solidifying their foothold in the region's promising energy sector.
- 05/21/2024
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Calpers to Vote Against Exxon Board Members, Citing Lawsuit Against Arjuna and Follow This
- By Josh Beckerman The California Public Employees' Retirement System said it would vote against all of Exxon Mobil's board members, saying the company's lawsuit against two sustainable investment firms could have severe repercussions. Exxon Mobil sued Arjuna Capital and Follow This in January, seeking to block a shareholder proposal that called for Exxon Mobil to accelerate the pace of greenhouse-gas-emission reductions, including from the company itself and its customers. The company said the firms were seeking "to force Exxon Mobil to change the nature of its ordinary business or to go out of business entirely." Arjuna and Follow This withdrew the proposal. Calpers said Monday that "decades of shareholder rights are under threat" and that, if the suit succeeds, it "could diminish the role--and the rights--of every investor in improving a company's bottom line." Exxon Mobil said it has "engaged with CalPERS on this matter and do not understand how they can make such a poor fiduciary decision to vote against a board that has overseen the creation of industry-leading shareholder value." "We welcome working with CalPERS and others to address issues in the shareholder proposal process," the company added. Write to Josh Beckerman at josh.beckerman@wsj.com (END) Dow Jones Newswires 05-20-24 1509ET
- 05/20/2024
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Calpers to Vote Against Exxon Board Members, Citing Lawsuit Against Arjuna and Follow This
- By Josh Beckerman The California Public Employees' Retirement System said it would vote against all of Exxon Mobil's board members, saying the company's lawsuit against two sustainable investment firms could have severe repercussions. Exxon Mobil sued Arjuna Capital and Follow This in January, seeking to block a shareholder proposal that called for Exxon Mobil to accelerate the pace of greenhouse-gas-emission reductions, including from the company itself and its customers. The company said the firms were seeking "to force Exxon Mobil to change the nature of its ordinary business or to go out of business entirely." Arjuna and Follow This withdrew the proposal. Calpers said Monday that "decades of shareholder rights are under threat" and that, if the suit succeeds, it "could diminish the role--and the rights--of every investor in improving a company's bottom line." Exxon Mobil said it has "engaged with CalPERS on this matter and do not understand how they can make such a poor fiduciary decision to vote against a board that has overseen the creation of industry-leading shareholder value." "We welcome working with CalPERS and others to address issues in the shareholder proposal process," the company added. Write to Josh Beckerman at josh.beckerman@wsj.com (END) Dow Jones Newswires 05-20-24 1509ET
- 05/20/2024
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ExxonMobil faces opposition from CalPERS after 'devastating' anti-ESG activist suit
- CalPers is withholding its support for Exxon CEO Darren Woods after the company sued environmentally-focused activist investors.
- 05/20/2024
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ExxonMobil (XOM), Pertamina Progress on CCS Hub in Indonesia
- A joint study by Pertamina and ExxonMobil (XOM) estimates the basin to store up to three gigatons of carbon dioxide, potentially requiring an investment of $2 billion.
- 05/20/2024
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Shareholder Drama Strikes Exxon Mobil (NYSE:XOM), Shares Slip
- When shareholders start getting opposed to board directors, there can be a lot of drama to come out of such friction. That’s what happened recently as Calpers, the California pension
- 05/20/2024
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CalPERS to vote against all 12 Exxon directors, citing lawsuit
- The California Public Employees' Retirement System said on Monday it will vote against all 12 director nominees at Exxon, citing the company's lawsuit against activist investors.
- 05/20/2024
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CalPERS to vote against Exxon board members
- CalPERS, the biggest public pension plan in the United States, said on Monday it would vote against all Exxon Mobil board members at its upcoming annual meeting on May 29, citing the oil major's legal action against activist investors.
- 05/20/2024
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DRLL: You Better Love Exxon And Chevron To Love This Fund
- Strive U.S. Energy ETF is a passively managed fund that provides exposure to the U.S. energy sector. The fund has a high concentration in its top holdings, including Exxon Mobil, Chevron, Valero Energy, EOG Resources, and Marathon Petroleum. DRLL has underperformed compared to similar ETFs like the Energy Select Sector SPDR Fund and Vanguard Energy ETF.
- 05/20/2024
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Zacks Research Analysts Lift Earnings Estimates for Exxon Mobil Co. (NYSE:XOM)
- Exxon Mobil Co. (NYSE:XOM – Free Report) – Research analysts at Zacks Research boosted their Q2 2024 earnings estimates for shares of Exxon Mobil in a research report issued on Friday, May 17th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $2.47 per share for the quarter, up from their previous forecast of $2.40. The consensus estimate for Exxon Mobil’s current full-year earnings is $9.57 per share. Zacks Research also issued estimates for Exxon Mobil’s Q3 2024 earnings at $2.46 EPS, FY2024 earnings at $9.33 EPS, Q3 2025 earnings at $2.59 EPS and Q1 2026 earnings at $2.66 EPS. Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. During the same period in the previous year, the business posted $2.83 earnings per share. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. XOM has been the subject of several other research reports. Piper Sandler lifted their price objective on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, April 18th. TD Cowen upped their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Barclays began coverage on Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price for the company. HSBC raised their target price on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Finally, Wells Fargo & Company boosted their price target on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $135.00. Check Out Our Latest Research Report on XOM Exxon Mobil Stock Up 1.5 % XOM opened at $119.64 on Monday. The stock has a fifty day moving average of $117.09 and a 200-day moving average of $107.57. The company has a market capitalization of $471.74 billion, a P/E ratio of 14.66, a P/E/G ratio of 4.17 and a beta of 0.96. Exxon Mobil has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. Exxon Mobil Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be given a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.18%. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%. Insider Activity In other news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its position in Exxon Mobil by 10.7% in the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company’s stock valued at $205,000 after buying an additional 199 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Exxon Mobil by 83.0% in the third quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company’s stock valued at $149,213,000 after purchasing an additional 575,649 shares during the last quarter. Qsemble Capital Management LP lifted its position in shares of Exxon Mobil by 34.3% during the third quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company’s stock valued at $553,000 after purchasing an additional 1,200 shares in the last quarter. RNC Capital Management LLC boosted its holdings in Exxon Mobil by 5.5% during the fourth quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock worth $8,791,000 after purchasing an additional 4,585 shares during the last quarter. Finally, Dupree Financial Group LLC bought a new stake in Exxon Mobil in the 4th quarter worth about $378,000. Institutional investors own 61.80% of the company’s stock. Exxon Mobil Company Profile (Get Free Report) Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.
- 05/20/2024
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Chevron's (CVX) Tengiz Project Faces Cost Increase of $1.5B
- Chevron Corporation's (CVX Quick QuoteCVX - Free Report) ambitious Tengiz oil field project in Kazakhstan has recently encountered a significant setback. The expansion initiative, formally known as the Future Growth Project – Wellhead Pressure Management Project, is aimed at augmenting the total daily production from the Tengiz reservoir. However, unforeseen challenges have arisen, leading to a projected additional cost increase of $1.5 billion. This escalation could potentially elevate the total project cost to approximately $48.5 billion, marking a substantial deviation from the initial budget.Project Budget and Progress UpdateIn October 2023, Chevron disclosed in its third-quarter earnings report that the Tengiz project budget was undergoing a revision due to slower-than-anticipated progress toward start-up. Initially budgeted at $45.2 billion, the project had already factored in a contingency of $1.9 billion in July 2021, acknowledging the potential disruptions caused by the COVID-19 pandemic. However, the recent announcement indicates a further spending escalation, highlighting the complex challenges inherent in large-scale energy projects. Chevron, despite acknowledging the budgetary adjustments, has emphasized that its guidance for the total cost of the Tengiz expansion project remains unchanged from the ranges provided in previous earnings calls. This assertion, which cites a cost increase of 3-5%, highlights the company's commitment to managing costs amid evolving circumstances.Project History and Ownership StructureThe Tengiz expansion project has experienced several delays, with the completion date being postponed twice from the initial mid-2022 target. The project is a joint venture, with CVX holding a 50% stake in Tengizchevroil, the entity responsible for operating the Tengiz Field. Exxon Mobil Corporation (XOM Quick QuoteXOM - Free Report) and KazMunayGas, the state-owned national oil and gas company of Kazakhstan, hold a 25% and 20% stake in the venture, respectively. This collaborative ownership structure reflects the project's multinational nature as well as the strategic alliances to facilitate its implementation.Implications and Future OutlookThe projected cost increase of $1.5 billion for the Tengiz oil field project highlights the inherent complexities and uncertainties associated with large-scale energy initiatives. While CVX remains committed to completing the project within the specified parameters, the additional costs necessitate a thorough reassessment of financial projections and risk management strategies.In the broader context, the challenges facing the Tengiz project serve as a reminder of the dynamic nature of the energy sector and the importance of adaptive management practices. As the global energy landscape continues to evolve, companies must navigate a myriad of geopolitical, economic and operational factors to ensure the successful execution of strategic initiatives.ConclusionChevron's Tengiz oil field project in Kazakhstan is facing a significant cost increase of $1.5 billion, potentially pushing the total project cost to approximately $48.5 billion. Despite the challenges posed by slower-than-anticipated progress and escalating costs, Chevron remains committed to completing the project within the stipulated parameters. The collaborative ownership structure and strategic partnerships underpinning the project highlight its significance within the broader energy landscape. As the project progresses, careful monitoring and adaptive management will be essential to mitigate risks and ensure successful outcomes in line with stakeholders' expectations.Zacks Rank and Key PicksCurrently, CVX and XOM carry a Zacks Rank #3 (Hold) each.Investors interested in the energy sector might look at some better-ranked stocks like Archrock, Inc. (AROC Quick QuoteAROC - Free Report) and SM Energy Company (SM Quick QuoteSM - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. Archrock is valued at $3.22 billion. The company currently pays a dividend of 66 cents per share, or 3.30%, on an annual basis.AROC, together with its subsidiaries, works as an energy infrastructure company in the United States. The company operates under two segments — Contract Operations and Aftermarket Services.Denver, CO-based SM Energy is valued at $5.63 billion. The company currently pays a dividend of 72 cents per share, or 1.47%, on an annual basis.SM, an independent energy company, engages in the acquisition, exploration, development and production of oil, gas and natural gas liquids in the state of Texas. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
- 05/20/2024
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Want Decades of Passive Income? 2 Stocks to Buy Now and Hold Forever
- The energy sector is known for being volatile. Energy giants ExxonMobil and Chevron have both managed to increase their dividends annually for decades.
- 05/18/2024
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Oil & Gas Stock for Options Bulls
- Subscribers to Schaeffer's Weekend Trader options recommendation service received this XOM commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
- 05/17/2024
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2 Energy Stocks That Wall Street Fell in Love With This Week
- The development of its upstream assets has ExxonMobil optimistic about its future profits. Devon Energy's valuation is compelling, and its capital allocation strategy makes perfect sense.
- 05/17/2024
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3 Energy Stocks with Coastal Exposure at Risk from the Upcoming Hurricane Season
- Another year, another hurricane season in the United States. Hurricanes typically develop out in the Atlantic Ocean and make their way to the Gulf of Mexico and the United States' east coast regions.
- 05/16/2024
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Mobil 1™ Celebrates Next Generation of Racing as Official Sponsor of Lollipop
- SPRING, Texas--(BUSINESS WIRE)--10 cities, 10 races, 1 global story. Fans around the world are invited to experience Next-Generation Storytelling® through an adrenaline-fueled race experience as Lollipop, the racing franchise of the future, green lights production with Mobil 1 as the official sponsor. Created by entertainment technology studio Feature and written and executive-produced by The Fast and the Furious creator David Ayer, Lollipop combines a traditional episodic series with an intera.
- 05/16/2024
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7 Dividend Stocks to Buy as the Fed Mulls Rate Cuts
- For quite some time, the concept of dividend stocks to buy encountered a huge obstacle: the consistently robust and outperforming monthly jobs report. However, the latest employment picture for April finally showed a slowdown, which may give the Federal Reserve the cover that it needs.
- 05/15/2024
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Activists Use Shareholder Rights To Undermine Shareholders' Interests
- Led by CalPERS, the pension fund for California public workers, activist investors may oppose re-electing ExxonMobil chief executive Darren Woods to the company board. His sin: seeking greater clarification regarding proposals that shareholders have previously rejected multiple times.
- 05/15/2024
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ExxonMobil (XOM) Strikes Oil With Likembe-01 Well Offshore Angola
- ExxonMobil's (XOM) Likembe-01, well found in Angola's Block 15, signals a potential upturn in the country's oil fortunes, marking a significant discovery after years of dwindling output.
- 05/15/2024
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Why Exxon Mobil (XOM) is a Great Dividend Stock Right Now
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Exxon Mobil (XOM) have what it takes?
- 05/15/2024
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Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for May 2024
- As oil prices rise, it's worth looking at the top energy stocks to buy in May. The energy sector, typically known for its volatility, was off to a strong start this year.
- 05/15/2024
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ExxonMobil (XOM) Bolsters Egypt Offshore Exploration Ties
- ExxonMobil (XOM) will retain a 60% working interest in the Masry and Cairo concessions, while QatarEnergy will hold a 40% stake in the agreement.
- 05/14/2024
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Blue-Chip Blues: 3 Stocks to Ditch Before They Drag You Down
- Blue-chip stocks to sell might seem odd, especially in a year with rising corporate earnings, a U.S. presidential election and possibly three rate cuts. However, stock investors must stay watchful, especially with the S&P 500 and Dow Jones Industrial Average up 10% and 4.7%, respectively, far from a bull run.
- 05/14/2024
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Shock Economic Slowdown: 3 Stocks to Sell NOW as Residual Seasonality Upends Forecasts
- Morgan Stanley (NYSE: MS ) strategists are urging investors to snap up U.S. government bonds, even if the economy doesn't slow down, as they believe bond yields could fall dramatically driven by “residual seasonality,” a statistical quirk that can sway economic data even after seasonal adjustments, leading them to predict a more rapid decline in inflation than the market is currently pricing in. This has led to my list of three stocks to sell in light of this prediction by MS.
- 05/13/2024
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Illinois state treasurer urges Exxon shareholders to vote against CEO Woods
- The Illinois state treasurer has urged Exxon Mobil shareholders to vote against the election of Executive Chair and CEO Darren Woods, as the oil major pursues a lawsuit against two shareholders, a filing showed on Monday.
- 05/13/2024
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 05/13/2024
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Billionaires Can't Stop Buying These 3 Energy Stocks. Should You Join Them?
- Chevron is the type of energy stock you buy and hold forever, offering both an attractive yield and a rock-solid balance sheet. Ray Dalio's big bet on ExxonMobil is a smart move.
- 05/13/2024
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3 Dividend Stocks for May 2024
- The dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings.
- 05/12/2024
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Exxon Mobil Stock Is Not As Overvalued As You May Think
- Exxon Mobil stock has surged by 15.8% since my coverage initiation in early February, outperforming the market's return by threefold. Does my thesis still hold? Read on. Q1 2024 earnings results showed lower earnings due to lower commodity prices, but revenue exceeded expectations. But there were definitely a lot of good things in Q1. Wall Street projects only 1.1% annual growth in EPS for XOM, well below the company's target of 10% CAGR.
- 05/12/2024
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Exxon ordered to pay $725M to mechanic who claimed toxic chemicals caused his cancer
- The jury found Exxon liable for negligently failing to warn about the health risks of benzene, which the Environmental Protect Agency has classified as a known carcinogen.
- 05/10/2024
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California's Treasurer Ma urges votes against two Exxon directors
- California Treasurer Fiona Ma, a board member of the U.S. state's two big pension systems, on Friday urged both to cast votes against two Exxon directors because of the energy company's unusual lawsuit against small investors.
- 05/10/2024
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The 3 Most Undervalued Oil & Gas Stocks to Buy in May 2024
- The oil market continues to look for direction. After running up above $85 a barrel to start the year, West Texas Intermediate crude oil, the American standard, is back below $80 as tensions in the Middle East ease and on growing signs that the U.S. economy is slowing.
- 05/10/2024
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3 Rock-Solid Dividend Stocks That Are Ideal for Retirees
- AbbVie is a diversified healthcare company that has been able to strengthen its portfolio via acquisitions. AT&T has faced a lot of negative press in recent years but its fundamentals remain sound.
- 05/10/2024
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Calpers weighs vote against Exxon CEO, FT reports
- Calpers, the US's biggest public pension plan, is considering a vote against ExxonMobil chief executive Darren Woods' re-election to the company board, the Financial Times reported on Friday.
- 05/10/2024
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ExxonMobil (XOM) Liza Unity FPSO Hits Record Output in Guyana
- ExxonMobil's (XOM) Liza Unity FPSO achieves peak production of 252K bbl/day, paving the way for Guyana to become Latin America's second-largest oil producer after Brazil.
- 05/09/2024
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I'm Locking Up To 9% Yield In This Target Rich Environment
- The current market has many appealing high-yield choices, despite the S&P 500 trading near all-time highs.
- 05/09/2024
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Why ExxonMobil Stock Is a Long-Term Buy
- ExxonMobil's cash flow is now rapidly outpacing its original five-year capital expenditure plan. Low-cost and low-break-even price points for both Guyana and Permian wells ensure an ample stream of recurring income.
- 05/09/2024
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Turkey signs long-term LNG deal with ExxonMobil
- Turkey's state gas grid operator BOTAS signed an LNG trade deal with ExxonMobil on Wednesday, the Turkish energy minister said, in a bid to diversify resources.
- 05/08/2024
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4 Dividend Aristocrats To Buy In May Plus 4 To Watch
- 4 Dividend Aristocrats To Buy In May Plus 4 To Watch
- 05/08/2024
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Exxon Mobil's Liza Unity FPSO in Guyana hit peak output of 252,000 bpd -executive
- An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday.
- 05/08/2024
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ExxonMobil (XOM) Trading Staff Opposes London Relocation Plan
- ExxonMobil (XOM) employees in Brussels take to the streets, resisting the company's move to relocate trading operations to London. Job cuts loom large as tensions rise.
- 05/08/2024
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ExxonMobil CEO talks acquisition of Pioneer Natural Resources
- Exxon Mobil (XOM) has completed an acquisition of Pioneer Natural Resources (PXD) in one of the largest oil deals in decades. Chairman and CEO Darren Woods sits down with Yahoo Finance's Brian Sozzi and Akiko Fujita to discuss the acquisition and the future of Exxon Mobil.
- 05/06/2024
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ITW, XOM, IBM: Technical Trends & What to Watch
- Industrials will perform well this year, notes Kenny Polcari. He and Rick Ducat discuss Illinois Tool Works (ITW), Exxon Mobil (XOM), and IBM (IBM) as today's big three stocks.
- 05/06/2024
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Exxon, Chevron CEOs seek clear rules on US clean energy subsidies
- Top executives at U.S. oil giants Exxon Mobil and Chevron Corp said on Monday that the U.S. needs to clarify rules on energy subsidies to drive the rapid, large-scale investments needed to fight climate change.
- 05/06/2024
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Exxon sees Hess arbitration dragging into 2025, CEO says
- U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vote by Hess shareholders on the deal.
- 05/06/2024
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ExxonMobil's (XOM) Optimism Forwards Rovuma LNG Project
- ExxonMobil (XOM) is moving forward with the LNG project. It expects the project to enter a front-end engineering and design phase in the coming months.
- 05/06/2024
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Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
- Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources.
- 05/06/2024
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Exxon Mobil CEO Darren Woods on getting to net zero by 2030 and Pioneer deal
- Exxon Mobil CEO Darren Woods joins 'Squawk on the Street' to discuss the oil industry, the Pioneer deal, and low carbon business.
- 05/06/2024
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Is ExxonMobil Stock a Buy?
- ExxonMobil has ridden higher oil prices to excellent performance. The integrated oil giant's dividend is as safe as it's ever been.
- 05/04/2024
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Exxon to take up to two years to hit stride with Pioneer purchase
- Exxon Mobil will take 18 to 24 months to achieve its desired production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive said on Friday.
- 05/03/2024
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ExxonMobil Completes Nearly $60B Pioneer Deal—Here's What You Need To Know
- ExxonMobil (XOM) said Friday it completed its deal to buy Pioneer Natural Resources valued at nearly $60 billion after getting approval from U.S. regulators. Including debt, ExxonMobil is committing about $64.5 billion to the purchase of Pioneer.
- 05/03/2024
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Worried About a Market Meltdown? 3 Stock Picks Perfect for Portfolio Protection
- Not everyone thinks that the stock market is out of the woods. Jamie Dimon warned that a soft landing is less likely, and it's easy to see why the concern stands.
- 05/03/2024
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FTC Alleges Pioneer CEO Colluded To Boost Oil Prices — Exxon Will Close $65B Acquisition Anyway
- ExxonMobil XOM this week received clearance from the Federal Trade Commission to complete its $65 billion acquisition of Pioneer Natural Resources PXD.
- 05/02/2024
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FTC greenlights Exxon-Pioneer megadeal with a caveat. It's still a good sign for energy mergers
- U.S. regulators on Thursday gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.
- 05/02/2024
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FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat
- FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat
- 05/02/2024
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Pioneer founder barred from Exxon board in pending $60bn mega merger
- The Federal Trade Commission (FTC) has barred Scott Sheffield, the founder and former chief executive of Pioneer Natural Resources, from taking a seat on Exxon's board of directors following Exxon's pending $64.5 billion acquisition of the group. It aims to prevent any potential for collusive behavior that could adversely affect crude oil market prices.
- 05/02/2024
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US FTC order bans Exxon Mobil, Pioneer Natural Resources deal
- The Federal Trade Commission said on Thursday it prevented former Pioneer Natural Resources CEO Scott Sheffield from serving on Exxon Mobil's board of directors as it resolves antitrust concerns about Exxon's bid to buy the top shale oil producer.
- 05/02/2024
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Nigeria could sign off on Exxon oil asset sale to Seplat within weeks - NUPRC
- The sale of ExxonMobil's Nigerian petroleum assets to Seplat could be approved in less than two weeks, Nigeria's oil regulator told Reuters on Thursday.
- 05/02/2024
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3 Energy Dividend Stocks That Will Thrive at $100 per Barrel Crude Oil
- ExxonMobil is still delivering for shareholders despite lower earnings. A high price of oil should support underlying growth at Baker Hughes EOG is a leader in energy exploration, and the stock sits in the bargain bin.
- 05/02/2024
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FTC Will Approve Exxon's $60 Billion Merger With Pioneer—With One Caveat
- The Federal Trade Commission is set to approve ExxonMobil's $60 billion takeover of Pioneer Natural Resources, according to multiple outlets, though the deal can reportedly only close if former Pioneer CEO Scott Sheffield, who faces allegations of engaging in activity to raise gas prices, is barred from the combined company's board of directors.
- 05/01/2024
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Exxon to Close Megadeal; Pioneer Ex-CEO to Be Barred from Exxon Board in Deal With FTC
- Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.
- 05/01/2024
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Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
- The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.
- 05/01/2024
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Exxon-Pioneer deal set to be cleared by FTC, reports say. But there's an unusual twist.
- Exxon Mobil Corp.'s XOM, -1.89% $60 billion takeover of Pioneer Natural Resources is set to be cleared by U.S. regulators, according to reports Wednesday, but there's a twist involving the latter's chief executive.
- 05/01/2024
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Exxon to bar Pioneer CEO from its board in deal with FTC, WSJ reports
- Exxon Mobil is set to close its $60 billion deal for Pioneer Natural Resources following an agreement with antitrust enforcers to not add Pioneer CEO Scott Sheffield to its board, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
- 05/01/2024
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ExxonMobil (XOM) Negotiates Massive LNG Deal With Turkey
- ExxonMobil's (XOM) deal could significantly diversify and secure Turkey's energy mix, enhancing its status as a top global LNG supplier.
- 05/01/2024
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US FTC set to rule on $60 bln Exxon-Pioneer deal, Bloomberg reports
- The U.S. Federal Trade Commission is set to decide whether to sue to block Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources in the coming days, Bloomberg News reported on Wednesday, citing people familiar with the matter.
- 05/01/2024
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7 Safe Haven Stocks That Can Withstand the Market's Worst Meltdowns
- Everyone needs solace in stability and development in the current turbulent market climate. These are seven unwavering businesses that are well-known for their fundamental capability to withstand market downturns.
- 04/30/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 04/30/2024
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Big Oil Battle: Exxon Is Better Than Chevron in This Key Area, and It's Not Even Close
- Exxon and Chevron have strong balance sheets with low leverage ratios. Exxon has a much bigger cash position, pushing its net leverage ratio well below Chevron's level.
- 04/30/2024
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Do You Have $500? Buy These 3 Stocks Now or Regret It Later
- Over time, the stock market is a fortune-building machine. Generational wealth has been created by betting on the long-term growth of stocks and the American economy they represent.
- 04/29/2024
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Energy ETFs in Focus Post Exxon, Chevron's Weak Q1 Earnings
- Two energy behemoths, Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX), reported disappointing first-quarter 2024 results. Both companies lagged estimates on revenues, while Chevron managed to beat earnings estimates.
- 04/29/2024
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Why Exxon Mobil (XOM) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Exxon Mobil (XOM) have what it takes?
- 04/29/2024
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While ExxonMobil's Profit Is Plunging, Its Strategy Could Pay Big Dividends in the Coming Years
- Exxon's first-quarter earnings declined due to lower natural gas prices and refining margins. The company continued to make progress on its long-term strategies.
- 04/28/2024
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Turkey in talks with ExxonMobil over multibillion-dollar LNG deal, FT reports
- Turkey is in talks with US energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, in an effort to curb its dependence on Russian energy, the Financial Times reported on Sunday.
- 04/28/2024
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Exxon Mobil Needs Consistent Perfect Execution
- Exxon Mobil's share price has increased by over 16% while the S&P 500 has only increased by a few percent. The company had strong quarterly results, but now has a high valuation of almost $470 billion. Exxon Mobil's growth engine is in Guyana, but there are risks associated with the company's slow adjustment to climate change and a volatile pricing environment.
- 04/28/2024
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ExxonMobil: Buy, Sell, or Hold?
- ExxonMobil has raised its dividend payout for 41 consecutive years. The integrated oil company has benefitted from high oil prices, using its cash flow to pay down debt and increase share buybacks.
- 04/28/2024
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Chevron and Exxon Earnings Are in
- This earnings season has started out a little erratic, thanks to unusual Wall Street behavior after big tech companies released their earnings reports. Case in point: Netflix, Inc. ( NFLX ) and Tesla, Inc. ( TSLA ).
- 04/27/2024
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Three-Stock Lunch: Snap, Exxon & Colgate
- Eva Ados, chief investment strategist at ERShares, joins 'Power Lunch' to discuss plays for three stocks, including Snap, Exxon, and Colgate.
- 04/26/2024
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Why ExxonMobil Stock Dropped on Earnings Friday
- ExxonMobil beat on sales and almost beat on earnings this morning. Nevertheless, Exxon's profits were down 28% year over year, and investors didn't like that one bit.
- 04/26/2024
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Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs
- Exxon CEO Darren Woods said the technology is currently unaffordable with CO2 removal costing between $600 to $1,000 per ton.
- 04/26/2024
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How Acquisitions Impact Exxon Mobil (XOM) Earnings
- Exxon Mobil (XOM) and Chevron's (CVX) earnings were recently released. Mizuho's Nitin Kumar discusses the takeaways from Exxon Mobil and Chevron's earnings.
- 04/26/2024
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Exxon and Chevron stocks slide after missing earnings expectations
- Shares of Exxon Mobil (XOM) and Chevron (CVX) are trading lower on Friday as both companies revealed a dip in first quarter revenue compared to the same period last year. However, both companies beat Wall Street revenue expectations for the quarter.
- 04/26/2024
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Exxon Mobil (XOM) Lags Q1 Earnings and Revenue Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.83 per share a year ago.
- 04/26/2024
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Chevron, Exxon and Phillips 66 report lower Q1 profits amid refining challenges
- Major oil producers Chevron Corporation (NYSE:CVX, ETR:CHV), Exxon Mobil Corp (NYSE:XOM, ETR:XONA), and Phillips 66 (NYSE:PSX) all moved lower in early trade on Friday after reporting a drop in profits for the first quarter. Profits took a hit from lower refining margins, which have continued to decline from their peak after Russia's invasion of Ukraine in 2022, and lower natural gas prices, partially offset by higher volumes.
- 04/26/2024
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ExxonMobil Stock Slips as Profit Falls Short of Estimates
- Shares of ExxonMobil (XOM) slipped in early trading Friday as the oil and gas giant reported larger year-over-year profit declines than analysts were expecting.
- 04/26/2024
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Exxon Mobil CEO: Guyana will go down as one of the best deepwater developments in industry history
- Darren Woods, Exxon Mobil chairman and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, importance of the company's Guyana assets, oil demand outlook, impact of geopolitical tensions on oil prices, and more.
- 04/26/2024
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3 High-performing Stocks That Could Rip Once Markets Turn Back Up
- With the S&P 500 index, and equities in general, having had their worst run of red days so far this year, almost every stock has seen losses in recent weeks. This includes names of all sizes, and from across all industries; as the reason for the dip, a surprise jump in inflation is effectively bad for everyone.
- 04/26/2024
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ExxonMobil (XOM) Q1 Earnings Miss Estimates, Revenues Fall Y/Y
- ExxonMobil's (XOM) Q1 earnings suffer due to decreased total production and lower natural gas price realizations.
- 04/26/2024
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Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 04/26/2024
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Exxon Mobil's stock falls after profit drops below expectations, as refining margins and natural gas prices dropped
- Shares of Exxon Mobil Corp. XOM, +0.23% dropped 2.4% in premarket trading Friday, after the oil and gas giant reported first-quarter profit that fell below forecasts, even as revenue beat expectations by a wide margin. Net income dropped to $8.22 billion, or $2.06 a share, from $11.43 billion, or $2.79 a share, in the same period a year ago, as industry refining margins and natural-gas prices declined.
- 04/26/2024
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Exxon misses on Q1 profit despite big gains in Guyana
- Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains.
- 04/26/2024
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Exxon earnings miss, hit by lower natural gas prices and squeezed refining margins
- Exxon Mobil first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.
- 04/26/2024
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Big oil earnings: Three things to watch for as ExxonMobil, Chevron and Phillips 66 report financial results today
- Today, big oil is firmly in the spotlight, with ExxonMobil, Chevron, TotalEnergies, Phillips 66 and Imperial Oil all reporting their latest earnings within hours of each other. It may well make for interesting viewing too, since the oil market has been anything but straightforward lately.
- 04/26/2024
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Black Gold Rush: 7 Oil Stocks Poised to Surge on Geopolitical Shockwaves
- At the moment, targeting oil stocks might not seem the most compelling idea. While the earlier flashpoint in the Middle East – with Iran and Israel lobbing missiles against each other – was a pressing matter, tensions seem to have subsided.
- 04/26/2024
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Crude Awakening: 3 Energy Plays Set to Strike Liquid Gold for Investors
- Oil prices have surged approximately 15% this year, hovering near $90 a barrel with expectations of remaining at elevated geopolitical tensions. This rise in oil prices was fueled by increasing tensions between Iran and Israel, raising concerns about broader conflicts in the Middle East.
- 04/25/2024
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Why ExxonMobil and Chevron Q1 Earnings Are Expected To Fall Despite Rising Oil Prices
- The first-quarter earnings reports for U.S. energy giants ExxonMobil (XOM) and Chevron (CVX) coming this week should confirm that, when it comes to Big Oil, it's not solely about crude prices.
- 04/25/2024
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Why ExxonMobil (XOM) Might Surprise This Earnings Season
- ExxonMobil (XOM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/25/2024
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Q1 Earnings: Is Exxon Mobil set to strike oil or sink?
- With Exxon Mobil Corp (NYSE: XOM) gearing up to unveil its first-quarter earnings report, investors are eyeing the horizon with anticipation. As the energy behemoth steps into the earnings spotlight, projections and expectations loom large.
- 04/25/2024
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Breaking Down Q1 Earnings Results
- Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
- 04/24/2024
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Breaking Down Q1 Earnings Results
- Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
- 04/24/2024
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Which Companies Will Join the Trillion-Dollar Team in 2024? Our 3 Best Guesses
- The majority of leading global indices reached new highs in 2024, fueled by loose financial conditions and burgeoning enthusiasm for artificial intelligence (AI). In the U.S., this rally pushed the S&P 500 to fresh highs.
- 04/24/2024
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Why Exxon Mobil (XOM) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 04/24/2024
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XOM vs CVX: Which Energy Stock Shows Promise Ahead of Q1 Earnings?
- Considering the current uncertainty surrounding Chevron's (CVX) acquisition of Hess, we can say that ExxonMobil (XOM) is on a better footing than Chevron ahead of Q1 earnings.
- 04/24/2024
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Energy Earnings: Two Reports to Watch This Week
- Earnings season continues to move rapidly, with a notably rich reporting docket this week. A few big-tech names and representatives from many areas of the market are slated to report quarterly results.
- 04/23/2024
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Oil giants Chevron, Exxon and Phillips 66 face profit squeeze for Q1
- Major oil producers Chevron Corporation (NYSE:CVX, ETR:CHV), Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Phillips 66 (NYSE:PSX) will hand down their financial reports for the first quarter on Friday, April 26 before the stock market opens in New York. Investor sentiment around energy stocks is positive heading into the reports, with geopolitical tensions in the Middle East driving the oil price above $80 per barrel.
- 04/23/2024
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Shell (SHEL) and Exxon (XOM) Bid Farewell to Groningen Field
- Shell (SHEL) and Exxon Mobil's (XOM) Groningen field has been permanently closed, following a law passed by the Dutch Senate. However, the field still has substantial reserves remaining.
- 04/23/2024
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Should You Buy ExxonMobil (XOM) Ahead of Q1 Earnings?
- Investors are advised to avoid purchasing ExxonMobil (XOM) before the release of its Q1 earnings and, instead, closely monitor the stock for a more opportune entry point.
- 04/23/2024
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Meet the Remarkable Similarities Between Top Artificial Intelligence (AI) and Oil Stocks That Could Be a Sign of What's to Come
- Companies with strong balance sheets and high cash flow have the wiggle room needed to take risks. The trend of consolidation in AI and the oil patch could continue due to the nature of big business.
- 04/23/2024
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California to wrap up Exxon plastics probe 'in weeks', AG says
- California will conclude a two-year investigation into Exxon and the fossil fuel industry's role in causing global plastic pollution by summer and decide if it will file a lawsuit against oil giant, its attorney general told Reuters on Monday.
- 04/22/2024
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Exxon Mobil (XOM) Increases Yet Falls Behind Market: What Investors Need to Know
- In the most recent trading session, Exxon Mobil (XOM) closed at $120.56, indicating a +0.57% shift from the previous trading day.
- 04/22/2024
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3 Energy Stocks to Buy Pre Earnings
- Energy stocks are on fire, but there is likely more fuel in the tank. Stock Strategist Andrew Rocco reveals 3 ways to take advantage of the bull market in the energy industry.
- 04/22/2024
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Proposed Oil Mergers Will Improve Competition
- Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation.
- 04/22/2024
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Meet the Surprising Oil Stock Lawmakers Couldn't Stop Buying in 2023 (Hint: It's Not Chevron or ExxonMobil)
- The most bought stock by members of Congress last year was an oil stock -- but not Chevron or ExxonMobil. Lawmakers could have been attracted by the stock's low valuation and high dividend yield.
- 04/22/2024
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5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen
- Want retirement to come a few years earlier than you'd planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
- 04/21/2024
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ExxonMobil Hits All-Time High, Closes in on Half-Trillion-Dollar Market Cap. Has the Stock Market's Leadership Changed?
- ExxonMobil has been paying down debt and reducing its interest expense. It can generate strong profits even at oil prices below current levels.
- 04/21/2024
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2 Top Dividend Stocks to Buy Right Now
- Microsoft has ably positioned itself to cash in on the artificial intelligence boom. Exxon Mobil could insulate your portfolio from the threat of surging oil prices.
- 04/21/2024
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ExxonMobil and Chevron Stock Have 22%-30% Upside, According to 1 Wall Street Analyst
- A variety of factors have been driving oil prices mostly higher so far this year. But two industry leaders, Chevron and ExxonMobil, are in the midst of a dispute.
- 04/21/2024
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Federal Agencies Target ExxonMobil And Chevron Acquisitions
- The Securities and Exchange Commission and Federal Trade Commission are evaluating pending oil company consolidations because of antitrust and climate related concerns. The ExxonMobil XOM acquisition of Pioneer Natural Resources PXD and Chevron's CVX acquisition of Hess are at the top of their list.
- 04/20/2024
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2 No-Brainer Oil Stocks to Buy With $1,000 Right Now
- Even during the best of times, oil and natural gas prices are volatile. During turbulent times, energy commodities can rise and fall with shocking speed.
- 04/20/2024
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3 High-Yielding Dividend Stocks That Are Trading at Dirt-Cheap Valuations
- Bristol Myers has an uncertain future, but with a strong track record and impressive cash flow it's still a top healthcare stock to own. Verizon Communications offers investors a mouth-watering yield without much risk.
- 04/20/2024
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Exxon Mobil (XOM) Expected to Beat Earnings Estimates: Should You Buy?
- Exxon (XOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/19/2024
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How A Former Enron Exec Lured ExxonMobil To Bet $150 Million On A Longshot Biofuel
- It was May 2020, and despite the encroaching wave of Covid-19 pandemic lockdowns, Richard Palmer, founder and chairman of Global Clean Energy Holdings was thrilled with his new acquisition. Palmer's prize was a rusting, 90-year-old refinery in Bakersfield, California that GCEH was buying for $40 million cash.
- 04/19/2024
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Why I Just Bought More of This Top Oil Stock
- Chevron's low-cost business model positions it to thrive at lower oil prices. It can produce an even bigger cash-flow gusher at higher prices.
- 04/18/2024
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Earnings Expectations Are Moving Higher
- Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
- 04/17/2024
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Earnings Expectations Are Moving Higher
- Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
- 04/17/2024
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Black Gold Boom: 3 Oil Stocks Primed to Pump as Prices Peak
- Geopolitical tensions in the Middle East pushed the price of crude oil to a six-month high last week. Naturally, investor interest in oil stocks has increased significantly recently, boosting the sector to the second-best market performer.
- 04/17/2024
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3 Energy Stocks to Buy Now: Q2 Edition
- The global energy industry presents incredibly wide opportunities. Companies in this sector often work in producing and distributing various types of energy, including fossil fuels and renewable energy.
- 04/17/2024
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7 Stocks the Hedge Fund Gurus Are Piling Into: April 2024
- With a lot of uncertainty in the market from geopolitics down to monetary policy, jittery investors may find comfort in hedge fund picks. Specifically, ideas that the alpha wolves of the market have put their money into may offer both confidence and upside.
- 04/17/2024
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CVX vs. XOM: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Oil and Gas - Integrated - International sector have probably already heard of Chevron (CVX) and Exxon Mobil (XOM). But which of these two stocks is more attractive to value investors?
- 04/17/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 04/17/2024
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Shell & BP's Q1 Updates Lead Oil & Gas Stock Roundup
- SHEL, BP, XOM, PBR and CVX emerge as the energy headline makers during the week.
- 04/17/2024
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How Much Will ExxonMobil Pay in Dividends This Year?
- The company steadily increases its per-share payout. The oil giant could pay an even bigger dividend gusher in 2024, fueled by its pending acquisition of Pioneer Natural Resources.
- 04/16/2024
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Steady Income, Steady Growth: 7 Blue-Chip Dividend Stocks to Buy Now
- Blue-chip dividend stocks have always been relevant. While they're not the most exciting investments, they provide a steady hand during market uncertainty.
- 04/16/2024
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3 Hydrogen Stocks to Buy Now: Q2 Edition
- Hydrogen is becoming a more and more popular choice for clean energy to fuel industries worldwide. As such, companies are investing in hydrogen to lead such a transition and establish their own clean energy/low carbon initiatives.
- 04/16/2024
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3 Dividend Aristocrats to Buy if Interest Rates Spike to 8%
- In his annual letter to shareholders, JPMorgan (NYSE: JPM ) CEO Jamie Dimon warned that interest rates could rise to “8% or even more.” As the head of the largest bank in America, Dimon is very attuned to the impact of rising interest rates on consumers, companies and the global economy.
- 04/16/2024
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U.S. politicians stock up on war stocks as Middle East tensions ramp up
- U.S. politicians are no strangers to buying situation-appropriate stocks as is well – and darkly – exemplified by their investments in war stocks near the time of the October 7 attacks.
- 04/16/2024
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6 Dividend Aristocrats to Buy for Reliable Passive Income
- Its products are sold under these brands: Exxon Esso Mobil The Chemical Products segment manufactures and markets petrochemicals, including olefins, polyolefins, and intermediates.
- 04/16/2024
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Don't Miss Out: 7 Hot Energy Stocks You Need to Own Now
- Energy stocks are again in fashion with investors. During the month of March, the energy sector was the strongest performer among the 11 stock market sectors.
- 04/16/2024
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Forget the Bad CPI News, Buy the Dip in These 3 Runaway Earnings Winners
- The start of a new earnings season is a good time to look back at the earnings season that recently ended. When you do, you can find some earnings winners that are likely to beat expectations in the coming quarter as well.
- 04/15/2024
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Retail Sales, Goldman Sachs Outperform Expectations
- Today's Retail Sales headline more than doubled expectations: +0.7% from the +0.3% consensus estimate.
- 04/15/2024
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ExxonMobil (XOM) Advances $12.7B Whiptail Project Offshore Guyana
- ExxonMobil (XOM) plans to invest $12.7 billion in Guyana's oil sector, aiming for economic growth and targeting more than 11 billion barrels of oil equivalent, with six FPSOs slated for deployment by 2027.
- 04/15/2024
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Congressman sells entire stock portfolio: Sign of integrity or coming WW3?
- U.S. elected officials have, time and time again, proven their savviness when it comes to making the right trade at the right time.
- 04/15/2024
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ExxonMobil Stock Has 24% Upside, According to 1 Wall Street Analyst
- UBS analyst Josh Silverstein thinks Exxon stock will go to $150 in a year. Exxon enjoyed high profits in 2022, but earnings have come down, and growth looks weak from here on out.
- 04/15/2024
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Exxon Mobil: A Bargain Buy Before Q1 Earnings
- Exxon Mobil is set to report strong earnings and free cash flow due to the increase in the average price for petroleum in Q1'24. The company's EPS estimates have seen positive revision momentum lately, indicating the potential for exceeding expectations. XOM's cheap valuation and potential for higher capital returns make it an attractive investment ahead of the Q1 report.
- 04/15/2024
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3 stocks to watch this week amid Iran-Israel escalation
- The ongoing escalation of tensions between Iran and Israel has reverberated through global markets, resulting in losses for most risk assets. With minimal prospects for a short-term resolution, investors are on edge about how markets will react as the conflict unfolds in the Middle East.
- 04/14/2024
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Hydrogen Hype: 3 Value Stock Picks in the Trillion-Dollar Market
- The world economy is transitioning to a renewable energy narrative. This makes the demand for sustainable solutions and further emphasizes the potential of hydrogen as an alternative fuel source.
- 04/14/2024
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ExxonMobil to Release First Quarter 2024 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its first quarter 2024 financial results on Friday, April 26, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods and Senior Vice President and Chief Financial Officer Kathy Mikells will review the results during a live conference call at 7:30 a.m. CT. The presentation will be accessible v.
- 04/12/2024
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Exxon Mobil and Hess get greenlight add another field in Guyana
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Hess Corp (NYSE:HES) are now moving forward with the next leg of its giant oilfield development offshore Guyana. The Whiptail project, which today received approval from the Guyana government, promises to unlock another 250,000 barrels of oil per day by the end of 2027.
- 04/12/2024
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Exxon Mobil (XOM) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Exxon Mobil (XOM) have what it takes?
- 04/11/2024
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Wall Street Favorites: 3 Blue-Chip Stocks With Strong Buy Ratings for April 2024
- The U.S. economy is currently navigating potential risks of a recession. Yet, the broader labor market's strength has been a significant factor in averting recessionary pressures.
- 04/11/2024
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Shell (SHEL) and Exxon (XOM) Seek Compensation Over Groningen
- Shell (SHEL) and Exxon (XOM)-operated Groningen gas field ceases production following years of output cut. This development aims to limit seismic activity related to gas extraction.
- 04/10/2024
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Exxon Mobil (XOM) Rises Higher Than Market: Key Facts
- Exxon Mobil (XOM) reachead $121.18 at the closing of the latest trading day, reflecting a +0.52% change compared to its last close.
- 04/09/2024
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Cream of the Crop: The 3 Highest-Rated Dividend Aristocrats to Buy in April
- Investing in stocks is a high-risk endeavor, no matter how seasoned an investor you are. There will always be some that catch you off guard and throw your portfolio into a string of losses that are hard to recover from.
- 04/09/2024
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These 3 Dividend Stocks Should Be on Energy Investors' Radar
- XOM, CVX and DINO are three fundamentally and operationally strong energy companies that should enable you to live off dividends through sector volatility.
- 04/09/2024
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FCEL Stock: FuelCell Just Expanded Its Exxon Mobil Deal
- FuelCell Energy (NASDAQ: FCEL ) just announced an updated and extended joint development agreement with Exxon Mobil's (NYSE: XOM ) technology and engineering unit. The expanded deal centers on carbon fuel-cell technology which captures carbon dioxide emissions from industrial sources while “simultaneously generating electricity and hydrogen.
- 04/08/2024
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Exxon Mobil: Still Undervalued After A Prolific Rally
- Exxon Mobil: Still Undervalued After A Prolific Rally
- 04/08/2024
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Reasons to Retain ExxonMobil (XOM) in Your Portfolio Now
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 04/08/2024
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Why Oil Stocks ExxonMobil, Pioneer Natural Resources, and Baker Hughes Rallied in March
- Oil prices have been rising amid OPEC+ cuts and geopolitical tensions. Exxon discovered new oil off the coast of Guyana and is close to acquiring Pioneer.
- 04/07/2024
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Prediction: This Will Be the Best-Performing Sector in 2024
- The energy sector continues to outperform the S&P 500. Lower interest rates and economic growth could boost energy demand.
- 04/07/2024
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Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense
- The oil industry is betting carbon capture will serve heavy industries like cement- and steelmaking that now have few good options to slash greenhouse gases.
- 04/06/2024
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Sully's Stats: CIC's Malcolm Etheridge shares his takes on Exxon Mobil and Freeport-McMoran
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 04/05/2024
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Neutral to bullish on LEN, Neutral to Bearish on AMD, Bearish on XOM
- Lennar (LEN), AMD (AMD), and Exxon Mobil (XOM) are today's big three stocks. Scott Bauer and Rick Ducat discuss the technical trends and how to trade these names.
- 04/05/2024
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 04/05/2024
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If You Like ExxonMobil, Then You'll Love These 2 High-Yield Energy Majors
- Exxon is knocking on the door of a new all-time high. Uncertainty with Chevron's Hess deal is holding it back.
- 04/05/2024
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Don't chase the value rebound, tech still has a few surprises up its sleeve, cautions Citigroup
- The recent rebound in value stocks has not only led to crowding in some sectors, but is a bounce that's not likely to last.
- 04/05/2024
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Striking it Rich with Lithium: 3 Stocks to Fuel Your Fortune
- The lithium market faces challenges as electric vehicle (EV) demands wane and investors depart from related companies. However, the global economy is no stranger to change.
- 04/04/2024
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ExxonMobil (XOM) Expects Dip in Q1 Profits Amid Weak Prices
- ExxonMobil's (XOM) upstream earnings are expected to decline by $200-$600 million, as natural gas prices plummet to multi-year lows.
- 04/04/2024
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3 Stocks Poised to Benefit From US Clean Energy Transition
- ExxonMobil (XOM), Chevron (CVX) and Occidental (OXY) distinguish themselves in the energy sector, displaying appealing clean energy profiles that are poised for gains in 2024.
- 04/04/2024
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Passive Income Perfection: 7 Dividend Stocks to Generate $50,000 Per Year
- The topic of passive income is popular these days. Investors, consumers, and many other individuals are curious about any method that can produce income without work.
- 04/04/2024
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Exxon Mobil expects first-quarter oil earning to fall
- Exxon Mobil said on Wednesday it expects changes in oil prices to negatively impact first-quarter upstream profit by $400 million, compared to the last quarter of 2023.
- 04/03/2024
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Crude Oil Lifts Exxon Mobil (XOM)
- As crude oil prices climb to 6-month highs, energy stocks like Exxon Mobil have enjoyed an upward move on the chart. The Chart Master digs in to that correlation and more in the latest Chart of the Day: Exxon Mobil.
- 04/03/2024
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3 Permian Stocks to Watch as Crude Oil Price is Above $80
- Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
- 04/03/2024
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Oil Is Exploding Higher and 5 Blue Chip Dividend Integrated Giants Are Cheap
- Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored) Take the quiz below to get matched with a financial advisor today.
- 04/03/2024
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Up 11% in 1 Month, Is ExxonMobil About to Hit a New All-Time High?
- ExxonMobil stock is surging for good reasons. The company is structured to thrive at the current oil price.
- 04/03/2024
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Exxon Mobil (XOM) Rises As Market Takes a Dip: Key Facts
- The latest trading day saw Exxon Mobil (XOM) settling at $119.28, representing a +1.96% change from its previous close.
- 04/02/2024
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Bullish on AAPL, TSM, XOM
- Apple (AAPL), TSMC (TSM), and Exxon Mobil (XOM) are today's big 3 stocks. Joe Tigay and Rick Ducat discuss the technical trends and how to trade these names.
- 04/02/2024
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The 3 Best Stocks to Buy in April 2024
- The big money might be feeling a bit queasy about overexposure to risk-on assets, presenting a framework to follow regarding the best stocks to buy in April. As I've mentioned many times before, technology-related securities saw an outflow recently of $4.4 billion.
- 04/02/2024
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Unbeatable Blue Chips: 7 Must-Own Stocks for Every Portfolio
- Blue Chip stocks are among the most dependable investments available. For that reason many investors believe them to be an unbeatable investment overall.
- 04/01/2024
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ExxonMobil (XOM) & CNOOC Challenge Chevron's Guyana Acquisition
- ExxonMobil (XOM) and CNOOC join forces against Chevron-Hess over Guyana's Stabroek Block, reshaping the future of offshore drilling.
- 04/01/2024
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This Warren Buffett stock just formed a golden cross
- Last month, the energy sector saw notable gains thanks to escalating geopolitical tensions in the Middle East and Russia. Among the beneficiaries is Occidental Petroleum (NYSE: OXY), a favorite stock of renowned investor Warren Buffett, which is poised for a significant increase in value as it nears a Golden Cross formation.
- 04/01/2024
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5 Very Large Cap Blue Chip Stocks With 5% and Higher Dividends
- Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard.
- 03/30/2024
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Is It Too Late to Buy ExxonMobil Stock?
- Exxon is one of the largest integrated energy companies on the planet. The stock price has been on the rise, tracking along with energy prices.
- 03/30/2024
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A 1990 Law Passed After Exxon Valdez Had A Hand In Baltimore Response
- Key portions of the emergency response to the DALI striking the Francis Scott Key Bridge at the Port of Baltimore last Tuesday morning can be tied to a law passed 34 years ago, the Oil Pollution Act of 1990.
- 03/30/2024
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3 Value Stocks to Buy on the Dip: March 2024
- If you've been following the headlines, you'll be well aware of the value behind value stocks to buy. Basically, the smart money sees some risks ahead and they're adopting a more prudent approach.
- 03/28/2024
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Upstream Expansion Fuels Optimism in the Oil & Gas Sector
- ExxonMobil, Chevron and TotalEnergies are increasing spending in 2024 to capitalize on the oil and gas sector's growth opportunities through increased exploration activities.
- 03/28/2024
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2 Energy Stocks You Can Buy Right Now Before They Surge Even Higher
- Energy stocks have surged this year, with Exxon and Energy Transfer outperforming that rally. Exxon has lots of catalysts that could send its stock even higher.
- 03/28/2024
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Upside/Downside Tug Of War
- Amrita Roy is neutral on the S&P 500, citing no material downward revision to earnings and the expectation of higher interest rates due to reaccelerating inflation. She is bullish on India and emerging markets in general, as global capital inflows are shifting towards these regions.
- 03/27/2024
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ExxonMobil (XOM) Sounds Alarm on Australia's Gas Supply Outlook
- ExxonMobil (XOM) contrasts U.S. and Australia drilling permit processes, noting Australia's up to two-year delay impedes rapid development for future gas demand.
- 03/27/2024
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Low VIX? 3 High Beta Stocks To Boost Your Returns
- The stock market's volatility index (VIX) is now below 13%, a level not seen since the fourth quarter of 2023. Typically, when the VIX is this low, investors start looking for stocks that can offer them a more exciting ride in the markets.
- 03/27/2024
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Why Exxon Mobil (XOM) Dipped More Than Broader Market Today
- In the most recent trading session, Exxon Mobil (XOM) closed at $113.79, indicating a -0.75% shift from the previous trading day.
- 03/26/2024
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ExxonMobil (XOM), JERA Partner on Low-Carbon Hydrogen Project
- ExxonMobil (XOM) and JERA collaborate to pioneer a transformative journey with a low-carbon hydrogen project toward clean energy solutions, setting the stage for a greener future.
- 03/26/2024
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 03/25/2024
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JERA, Exxon to explore development of hydrogen and ammonia production project in US
- JERA, Japan's top power generator, said on Monday it has agreed with Exxon Mobil to jointly explore the development of a low-carbon hydrogen and ammonia production project in the United States.
- 03/24/2024
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Hedge Funds Are Fleeing Tech: 7 Stocks They're Buying Instead
- It doesn't seem like it based on the mercurial valuations of certain innovators but a rotation away from technology could open doors for stocks hedge funds are buying. Basically, it may be time to consider following the money.
- 03/24/2024
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7 Dividend Darlings to Scoop Up Every Time the Market Dips
- Dividend investing is one of the prominent ways to build wealth. Whether you are building a retirement portfolio, want to leave a legacy, or are looking to use the dividend income to cover your expenses, the right dividend stocks can make it possible.
- 03/24/2024
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ExxonMobil (XOM) Speeds Up Plan to Double Its LNG Portfolio
- ExxonMobil (XOM) focuses on trading its gas rather than depending on third-party supplies.
- 03/22/2024
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Merger Mania Hits the U.S. Energy Landscape, Reshaping the Future
- The flurry of megamergers within the U.S. oil sector, ranging from Chevron-Hess to Exxon-Pioneer, is fueling the transformation of the U.S. energy landscape.
- 03/22/2024
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7 Stocks to Own in the Run-Up to the Presidential Election
- While political cycles are always difficult to predict, the challenge of finding stocks for the presidential election is slightly easier. How can that be, you might wonder?
- 03/21/2024
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ExxonMobil (XOM) in Talks to Merge Gas Development Projects
- ExxonMobil (XOM) and TotalEnergies' partnership with Suriname could fast-track its entry into the energy market, with significant offshore oil production expected to start in four years.
- 03/21/2024
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CalPERS says Exxon should drop lawsuit against climate-conscious investors
- The largest U.S. public pension fund plans to ask Exxon Mobil to drop a lawsuit against investors that filed a shareholder resolution asking the U.S. oil major to curb greenhouse gas emissions faster.
- 03/21/2024
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Energy Sector Nears Multi-Year Resistance: Breakout Ahead?
- As the U.S. market hovers near all-time highs, one sector has quietly surged higher and now stands at a critical juncture - the energy sector. While the broader market has experienced a significant uptick year-to-date and achieved new all-time highs, led firmly by the technology sector, the energy sector has steadily increased while remaining out of the limelight.
- 03/21/2024
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Exclusive: CERAWEEK Suriname presses Exxon, TotalEnergies to combine gas developments
- Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday.
- 03/20/2024
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3 Stocks to Watch on Oil Companies' Rush to Drill Land
- Three significant merger deals are providing incentives for investors to monitor companies such as Diamondback Energy (FANG), ExxonMobil (XOM) and Chevron (CVX).
- 03/20/2024
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5 Reasons Why ExxonMobil Should Be Added Back to the Dow Jones Industrial Average
- Exxon has made improvements to its cost structure and financial health, and has optimized its product portfolio. The company has a long track record of dividend raises.
- 03/20/2024
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Warren Buffett Is Loading Up on This High-Yield Dividend Stock. Here's Why I Am Too.
- Buffett increased Berkshire Hathaway's stake in Chevron by 14.4% in Q4. Chevron has an attractive valuation and solid growth prospects.
- 03/20/2024
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Want Decades of Passive Income? 4 Stocks to Buy Now
- Energy and industrial blue chips can make great dividend stocks. ExxonMobil and NextEra are two energy titans with the size to stick around.
- 03/20/2024
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Calls of the Day: Uber, Exxon Mobil and CrowdStrike
- The Investment Committee discuss the latest calls of the day.
- 03/19/2024
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ExxonMobil (XOM) Announces Bluefin Oil Discovery in Guyana
- The find marks ExxonMobil's (XOM) first announced discovery in the South American country for 2024.
- 03/19/2024
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Exxon CEO talks 'broader set of solutions' for energy transition
- Saudi Aramco CEO Amin Nasser told attendees at CERAWeek by S&P Global, a global energy conference, that global leaders should "abandon the fantasy of phasing out oil and gas." When asked about those comments, ExxonMobil Chairman and CEO Darren Woods (XOM) tells Yahoo Finance's Julie Hyman that things like wind and solar power and the rise of EVs are a "necessary but not sufficient set of solutions" to the energy transition.
- 03/19/2024
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CERAWEEK Chevron surprised when Exxon filed for arbitration over Guyana - CEO
- Chevron was surprised when Exxon Mobil filed for arbitration over Chevron's plans to buy Hess's Guyana oilfield stake, Chevron CEO Michael Wirth said on Tuesday.
- 03/19/2024
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A Reality Check on Big Oil's Energy Transition Challenges
- Achieving a balance between short-term returns and long-term sustainability remains a formidable challenge for oil companies like SHEL, BP and XOM amidst a rapidly evolving energy landscape.
- 03/19/2024
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ExxonMobil Continues to Find Oil in a Place Chevron Really Wants to Be
- Exxon recently made its 30th discovery offshore Guyana. The region holds a treasure trove of low-cost oil.
- 03/19/2024
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Exxon Mobil (XOM) Outperforms Broader Market: What You Need to Know
- In the closing of the recent trading day, Exxon Mobil (XOM) stood at $112.30, denoting a +0.93% change from the preceding trading day.
- 03/18/2024
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Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says
- When asked directly, Darren Woods said acquiring Hess is not one of Exxon's objectives in the dispute with Chevron.
- 03/18/2024
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Exxon CEO: Demand for petroleum still 'very healthy' despite global economic challenges
- Exxon Mobil CEO Darren Woods joins 'Squawk on the Street' to discuss if the U.S. is underestimating oil demand, how to understand petroleum demand better, and if there needs to be a fundamental understanding of how the energy transition will play out.
- 03/18/2024
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CERAWEEK Exxon Mobil CEO says not trying to acquire Hess
- Exxon Mobil CEO Darren Woods on Monday said his company is trying to secure preemption rights over Hess Corp 's Guyana assets in its dispute with Chevron, not buy the company itself.
- 03/18/2024
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Companies Paid a Record $1.7 Trillion in Dividends Last Year. These 3 Dividend Stocks Led the Way.
- Microsoft was the top dividend payer by a lot in 2023. Apple continues to send lots of cash to shareholders.
- 03/16/2024
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Why I Just Bought This High-Yield Dividend Stock (Hint: The $4 Trillion Market It's Targeting Is a Big Factor)
- ExxonMobil is attractively valued compared to the broader market and the energy sector. It offers a solid dividend yield and an impressive track record of dividend increases.
- 03/16/2024
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Exxon-led group strikes new oil and gas discovery off Guyana
- Exxon Mobil on Friday disclosed a new oil and gas discovery in the prolific Stabroek block offshore Guyana, the company's first announced discovery in the South American country this year.
- 03/15/2024
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Keep An Eye on These 3 Energy Stocks With Juicy Dividend Yield
- Three energy stocks, ExxonMobil (XOM), Chevron (CVX) and Phillips 66 (PSX), are well-poised to gain, though the oil pricing scenario, since the onset of the pandemic, looks extremely volatile.
- 03/14/2024
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3 Permian Stocks to Gain as Oil Price is Quite Healthy
- Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
- 03/13/2024
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/13/2024
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ExxonMobil (XOM) Brings France Refinery Fire Under Control
- ExxonMobil (XOM) tames the fire at the Port Jerome-Gravenchon refinery in northern France. All delivery contracts have been met seamlessly from the existing stock, ensuring operational resilience.
- 03/13/2024
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Comptroller DiNapoli Declares Exxon Not Transition-Ready: Who's Next?
- The New York State Common Retirement Fund recently announced it will restrict investment in eight energy companies, including ExxonMobil XOM , following a review of the companies' "transition readiness" to a low-carbon economy.
- 03/12/2024
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Meet the Unknown Small-Cap Company That's Been Paying a Dividend for at Least 66 Years Longer Than Coca-Cola, ExxonMobil, and Eli Lilly
- Dividend stocks have more than doubled-up the average annual return of non-payers over the past half-century. Brand-name businesses like Coca-Cola, ExxonMobil, and Eli Lilly have been paying continuous dividends to their shareholders for more than 100 years.
- 03/12/2024
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Exxon Mobil (XOM) Advances While Market Declines: Some Information for Investors
- In the most recent trading session, Exxon Mobil (XOM) closed at $109.02, indicating a +0.59% shift from the previous trading day.
- 03/11/2024
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Trouble-Proof Dividend Darlings: 7 Stocks That Keep Paying No Matter What
- At first glance, another gangbusters jobs report seems to imply that dividend stocks are irrelevant. It's all about growth, baby!
- 03/11/2024
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Blue-Chip Behemoths: 3 Stocks Too Big to Fail, Too Profitable to Ignore
- In a very competitive global environment, big companies keep getting bigger. Top blue-chip stocks continue to leverage their scale to drive growth and deliver higher value to customers.
- 03/11/2024
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4 Supercharged Dividend Stocks to Buy if There's a Stock Market Sell-Off
- Renewable energy giant NextEra Energy is a total returns beast. ExxonMobil has big-time dividend potential moving forward.
- 03/11/2024
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Bullish On Oil? Look Beyond Exxon Mobil For Bigger Gains
- Exxon Mobil has a history of underperforming its peers during oil price rallies. While it has a size benefit, a healthy balance sheet, growth opportunities, and a strong dividend growth profile, I expect the stock to keep underperforming its peers. In this market, I prefer cheaper plays, companies with special dividends, and smaller plays capable of outperforming XOM.
- 03/11/2024
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5 Dividend Aristocrats Signal Buy In March With 6 To Watch
- "Dividend Aristocrats in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years." - Kiplinger.com/Investing. 67 Aristocrats, screened as of March 6, 2024, represented all eleven Morningstar Sectors. Broker estimated-top ten net gains ranged 15.93%-27.67% topped by NEE & ADM.
- 03/11/2024
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The Top 7 Oil & Gas Stocks to Buy in March 2024
- Traders looking for the top oil and gas stocks to buy have to be incredibly nimble. The recent news from the sector is almost laughably inconsistent.
- 03/10/2024
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Looking at ExxonMobil? Consider These 3 Energy Stocks Instead
- Chevron is similar to ExxonMobil, but it edges ExxonMobil out on financial strength and dividend yield. Enterprise Products Partners yields twice ExxonMobil's yield.
- 03/10/2024
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Exxon Mobil: Legal Brawl First, Then Beat The Market To A Proper Valuation
- Exxon Mobil Corporation's valuation has yet to return to historical levels due to the challenges of 2015-2020. The company has achieved its cost-cutting goals. Therefore, those goals were increased. The market may be conservative in evaluating the company until a track record for the new management approach is established, presenting an opportunity for investors.
- 03/08/2024
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ExxonMobil (XOM), Shell Partner With Singapore for CCS Project
- The collaboration between ExxonMobil (XOM), Shell and the Singapore government is part of a broader strategy to develop a portfolio of decarbonization measures.
- 03/08/2024
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Big Money Bets: 3 Stocks the Biggest Hedge Funds Are Buying
- Unless you are very wealthy or an institutional investor, the world of hedge funds is closed to the average investor; thus, it's a good idea to look at the stocks hedge funds are buying. That's not necessarily a bad thing because these funds operate on a 2-and-20 fee structure.
- 03/08/2024
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Watch These 3 Energy Stocks With Fortress Balance Sheet
- It would be wise for investors to keep an eye on ExxonMobil (XOM), ConocoPhillips (COP) and Diamondback Energy (FANG), as these stocks can lean on their strong balance sheets to counter volatility.
- 03/08/2024
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Hess reviews timeline for Chevron deal closing after Exxon escalates Guyana dispute
- Exxon filed for arbitration to defend what the oil major views as its right to make a counter offer for Hess' Guyana assets under a joint operating agreement.
- 03/07/2024
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3 Stocks to 10X Your Money if Trump is Elected President in 2024
- Election years can be pivotal. Former U.S. President Donald Trump, who's been mired in controversy ever since he was elected to the country's highest office in 2016, is on his way to nabbing the Republican Party primary for a second time.
- 03/07/2024
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ExxonMobil (XOM) Expects Q2 Closure for $59.5B Pioneer Deal
- ExxonMobil (XOM) stands firm on its Q2 completion goal for the $59.5B Pioneer acquisition despite navigating through the FTC's extensive review process.
- 03/07/2024
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3 LNG Stocks to Bet On if Trump Re-Takes White House in 2024
- With Presidential elections around the corner in the United States, portfolios can be fine-tuned. It's worth noting that Donald Trump's chances of winning the 2024 Presidential election have increased to 50%.
- 03/07/2024
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4 Integrated Energy Stocks Set to Escape Industry Weakness
- Refining business uncertainties and the energy market???s increasing focus on renewables are making the outlook for the Zacks Oil and Gas Integrated International industry dull.
- 03/07/2024
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Chevron and Exxon row over future of giant Guyana asset
- A row over Exxon's (NYSE:XOM, ETR:XONA) giant oil discoveries offshore Guyana threatens to scupper Chevron's (NYSE:CVX, ETR:CHV) takeover of Hess Corp (NYSE:HES), according to new reports. Hess is the minority partner in the Exxon-operated Stabroek block, holding 30% of the ‘project' which spans an equivalent size to 1,150 blocks in the Gulf of Mexico and currently yields around 600,000 barrels of oil production per day.
- 03/07/2024
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Chevron's $53 Billion Deal to Acquire Hess Under Renewed Pressure From Exxon
- Exxon Senior Vice President Neil Chapman told a Morgan Stanley conference on Wednesday, that the company has filed arbitration with the International Chamber of Commerce.
- 03/07/2024
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Exxon could make a bid for Hess' oil assets in Guyana if Chevron deal terminates
- Exxon filed for arbitration at the International Chamber of Commerce in Paris Wednesday to adjudicate the dispute with Chevron over Hess' Guyana assets.
- 03/06/2024
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Exxon signals potential counter offer for Hess's Guyana assets
- Exxon Mobil Corp on Wednesday said it filed a contract arbitration disputing Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets.
- 03/06/2024
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ExxonMobil (XOM) Nears Deal to Sell Adriatic LNG Stake to Vitol
- The divestiture aligns with ExxonMobil's (XOM) broader strategy to offload non-core assets to streamline operations and focus on its most lucrative ventures.
- 03/06/2024
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Why I Do Not Buy And Hold High-Yield Stocks
- "Buy and hold" investing is an extremely popular investing strategy that Warren Buffett has fully and repeatedly endorsed. I do not implement this strategy with high-yield stocks. I explain what stocks are a good fit for the buy-and-hold strategy and what I do with high-yield stocks instead.
- 03/06/2024
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7 Ultra-Reliable Dividend Stocks to Buy for Rock-Solid Returns
- If you're searching for ultra-reliable dividend stocks to buy, look no further. Investors understand that securing one's future reliability is paramount.
- 03/05/2024
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ExxonMobil (XOM) to Extend Exploration Activities in Suriname
- ExxonMobil (XOM) commits to further exploring the Sloanea-1 discovery in the hopes of developing a commercial gas field in Block 52.
- 03/05/2024
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Exclusive: Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal, sources say
- Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy's biggest liquefied natural gas import terminal from Exxon Mobil and QatarEnergy, two sources with knowledge of the matter said on Monday.
- 03/05/2024
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Here's Why Exxon Mobil (XOM) Fell More Than Broader Market
- Exxon Mobil (XOM) closed the most recent trading day at $104.36, moving -1.4% from the previous trading session.
- 03/04/2024
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Exxon to finish Beaumont, Texas hydrocracker work by end of March, sources say
- Exxon Mobil Corp plans to finish an overhaul of the hydrocracker at its 619,024 barrel-per-day (bpd) Beaumont, Texas refinery by the end of March, said people familiar with plant operations on Monday.
- 03/04/2024
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3 Hot Hydrogen Stock Picks for Today's Value Investors
- As the world continues to think in green, investors keep an eye on hot hydrogen stocks as part of their environmental, social, and governance ( ESG ) goals. The current market size is around $242 billion and some on Wall Street believe it could turn into as much as an $11.7 trillion market by 2050.
- 03/01/2024
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ExxonMobil (XOM) Divests Stake in Gulf of Mexico Fields
- ExxonMobil's (XOM) strategic divestiture is allowing it to reallocate resources and focus on other priorities.
- 03/01/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/01/2024
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ExxonMobil, Shell to work with Singapore on carbon capture and storage project
- Global energy majors Exxon Mobil and Shell will work with Singapore to develop a cross-border carbon capture and storage (CCS) project, both companies said on Friday.
- 03/01/2024
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ExxonMobil Protecting Its Contractual Rights In Dust-Up Over Hess
- Chevron announced its acquisition of Hess HES five months ago. Now, Chevron CVX announces that the deal may fall apart because the crown jewel of Hess' properties, its minority stake in an offshore Guyana play, may be subject to “right of first refusal” restrictions owned under the contract by ExxonMobil XOM and CNOOC, the China National Offshore Co. Did that slip through during due diligence?
- 02/29/2024
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Exxon to trim trader salaries in latest pay overhaul, Bloomberg reports
- Exxon is planning to cut some traders' salaries as part of a pay overhaul that will include performance bonuses at the end of the year and long-term incentives, Bloomberg News reported on Thursday, citing people familiar with the matter.
- 02/29/2024
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Exxon's curveball move in Guyana alters Chevron-Hess deal prospects
- Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country.
- 02/28/2024
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3 Cash Cow Dividend Stocks for Outsized Income & Upside
- Following another shaky day in the market, investors may want to consider cash cow dividend stocks. They're not sexy and they probably won't make you rich.
- 02/27/2024
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Get Paid While You Wait: 7 Dividend Aristocrats to Buy Now
- The stock market bulls are charging right now. The Federal Reserve appears set to lower interest rates this year, which could stoke equity markets.
- 02/27/2024
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3 Top Oil and Gas Titans to Invest in This Month
- Oil and gas stocks are imperative for savvy investors — despite the global push towards net carbon neutrality. With alternative fuels still unable to meet the world's energy requirements, the demand for fossil fuels is unlikely to go anytime soon.
- 02/27/2024
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4 Fortune 500 Industry Leaders For February Dividends
- The Summer 2023 edition of Fortune Magazine revealed the 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders.
- 02/27/2024
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ExxonMobil (XOM) Eyes Guyana Stake, Aims to Oust Chevron
- ExxonMobil's (XOM) assertion of a right to first refusal on any sale related to the Stabroek block sparks contention, directly challenging Chevron's deal.
- 02/27/2024
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Hess shares drop as fight with Exxon Mobil over Guyana oil threatens Chevron takeover
- Chevron warned investors that Exxon and Cnooc are claiming a right to purchase Hess's stake in Guyana's offshore oil assets under a joint operating agreement.
- 02/27/2024
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4 Magnificent Stocks to Buy That Are Near 52-Week Lows
- Oil prices are hurting ExxonMobil's stock. NextEra Energy and Deere & Company feel the impact of higher interest rates.
- 02/27/2024
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Chevron Warns $53 Billion Hess Deal May Be at Risk After Exxon Challenge
- If the deal falls through, it would be a setback to Chevron, which has recently underperformed rivals and was hoping to get a boost from Hess's 30% stake in the offshore project in South America.
- 02/27/2024
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ExxonMobil Is Exploring More Ways to Capture this $4 Trillion Opportunity
- Exxon and EnLink are expanding the scope of their partnership. Exxon wants to leverage EnLink's extensive pipeline network to capture more carbon capture and storage opportunities.
- 02/27/2024
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Chevron, Exxon in dispute over Hess stake in Guyana oil block
- Chevron Corp on Monday said it is in talks with Exxon Mobil Corp and China's CNOOC over whether the two have a right of first refusal to acquire Hess Corp.'s stake in the Stabroek oil block in Guyana.
- 02/26/2024
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ExxonMobil (XOM) Considers Divestment of Vaca Muerta Assets
- ExxonMobil's (XOM) assets in Argentina encompass stakes in seven oil and gas blocks in the Vaca Muerta region.
- 02/26/2024
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What's Fueling Climate Lawsuits Against BP, Chevron, ConocoPhillips, ExxonMobil And Shell?
- The city of Chicago is the latest to file a climate lawsuit against BP, Chevron CVX , ConocoPhillips COP , ExxonMobil and Shell, alleging that the companies hid information regarding climate change from the public. Greenpeace Italy just filed a similarly themed lawsuit against Eni in Italy.
- 02/23/2024
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ExxonMobil weighs offers for Argentina shale assets - source
- U.S. energy giant ExxonMobil Corp is weighing offers for its oil and gas assets in Argentina's Vaca Muerta shale region, a source familiar with the plan said on Friday, adding there was no time frame for a decision and the sale may not move forward.
- 02/23/2024
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Exxon explores $1 bln sale of Argentina shale assets, Bloomberg reports
- U.S. energy major Exxon Mobil is considering bids for its Argentine shale assets, Bloomberg News reported on Friday, citing people familiar with the matter.
- 02/23/2024
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Keep an Eye on 3 Permian Stocks as Oil Prices Remain Strong
- The pricing environment of crude oil continues to be favorable, encouraging more exploration and production activities. Upstream players may keep increasing their operations in prolific shale resources, consequently raising the count of drilling rigs.
- 02/23/2024
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3 Growth Stocks to Buy and Hold to Build Future Fortune
- There has been chatter in financial circles about whether this is a good time to pick growth stocks to buy and hold, as the concentration of market gains in a few large technology companies over the past year concerns investors. Just seven mega-cap stocks accounted for 69% of the 2023 gains of the S&P 500 index.
- 02/23/2024
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BP and Shell Are Worth Less Than Exxon and Chevron. Here's Why.
- The European oil majors are valued at about a one-third discount to their American counterparts.
- 02/23/2024
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3 Top Stocks to Buy for the Next Oil & Gas Boom
- After years of warnings about peak oil, we don't hear too much about that possibility anymore. The world is actually awash in fossil fuels and ongoing advances in exploration and exploitation means accessing reserves will be a continuing pursuit.
- 02/22/2024
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Pioneer Natural reports strong FY production as Exxon takeover looms
- Pioneer Natural Resources on Thursday reported 2023 production that exceeded its prior forecast, as the U.S. shale producer works to close its about $60 billion purchase by oil major Exxon Mobil later this year.
- 02/22/2024
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Profit Migration: 3 Stocks Set to Siphon Investor Dollars From the Magnificent 7
- In the stock market, a seismic shift is underway—a combination of three stocks may challenge the status quo of the current Magnificent 7. While tech giants have long dominated the market spotlight, the emergence of three solid contenders signals a new era of return-generating opportunity.
- 02/22/2024
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Exxon Mobil looking at natural gas production in Guyana after 2029
- An Exxon Mobil -led consortium is considering its first offshore natural gas production in Guyana, possibly close to the country's maritime border with Suriname, an executive said on Wednesday.
- 02/21/2024
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Exxon Mobil: A Great Energy Pick
- Exxon Mobil Corp. (XOM, Financial) announced its earnings for the fourth quarter and full-year 2023 on Feb. 2.
- 02/21/2024
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Exxon ‘Not Going Anywhere' Amid Venezuela Threats to Guyana
- Exxon Mobil Upstream President Liam Mallon discusses exploration and production plans in Guyana and says the company is focused on “doing what we say we're going to do, doing that within our approved contract area, and continuing to do that” as Venezuelan President Nicolas Maduro ramps up his territorial claims in the region.
- 02/20/2024
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Exxon warns EU that red tape might push it to invest elsewhere, FT reports
- ExxonMobil has warned it would withhold billions of dollars in climate-related investments in Europe unless Brussels cuts environmental red tape, which the company blames for the "deindustrialisation of the European economy", the Financial Times reported on Tuesday.
- 02/20/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/19/2024
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7 Energy Stocks to Buy as the Economy Rockets Higher
- While the concept of energy stocks to buy might seem a bit controversial due to the uncertainty – and in some cases volatility – involved, the narrative comes down to a simple equation. If you believe in the broader economic recovery, then more people will be consuming more resources.
- 02/18/2024
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Why ExxonMobil Earned More Under Biden Than Under Trump
- The oil industry has historically been politically conservative. In turn, Democratic politicians have often been hostile toward the industry.
- 02/18/2024
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The Energy Sector is Hated: Is it Time to Buy?
- Investors who avoid conformity and think independently prosper in the long run. Considering the tech sector's recent extreme bull move, money may shift into the lagging energy sector.
- 02/16/2024
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The Next ExxonMobil? 3 Energy Stocks That Investors Shouldn't Ignore
- Energy stocks, crucial for powering homes, businesses, and vehicles, saw their stocks dip slightly in 2023. Yet investors, like Fidelity's energy sector portfolio manager, are optimistic for 2024, pointing to tight supply, robust demand, and higher production investments as reasons for potential growth in energy stocks.
- 02/16/2024
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Exxon Mobil: Raising Price Target On Strong 2023 And Pioneer Deal
- Exxon Mobil reported strong Q4 and 2023 performance with FY23 earnings of $36bn and operating cash at $55bn at ~40% and ~15% respective CAGRs vs. 2019 baseline. Despite margins coming down from recent heights on lower oil prices and refining margins, capital efficiency continues to significantly exceed pre-2019 regression levels and peers. Following a 91% FCF payout ratio in FY23, management announced a further $40bn in buybacks through YE25, potentially eliminating any dilutive effects from the Pioneer deal by 2026.
- 02/15/2024
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Energy sector strength: Drill down with refinery stocks
- The oil refiners' exchange-traded fund (ETF), the VanEck Oil Refiners ETF NYSEARCA: CRAK, is outperforming the broader Energy Select Sector SPDR Fund NYSEARCA: XLE on a one-month, three-month and one-year basis.
- 02/14/2024
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Exit Now! 3 Energy Stocks to Sell in February 2024.
- A wave of consolidation is sweeping through the energy sector right now. Since last autumn, a number of billion-dollar takeover deals have been announced that are focused on the Permian Basin situated across parts of Texas and New Mexico.
- 02/14/2024
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7 Stable Dividend Stocks to Ease Lingering Market Jitters
- Easily one of the top talking points of last year is that with the economy avoiding a recession, mitigation protocols – such as targeting stable dividend stocks – seem rather unnecessary. Nevertheless, it doesn't hurt to hope for the best but to be prepared for the worst.
- 02/13/2024
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Diamondback Energy Follows ExxonMobil and Occidental Petroleum with a Permian Megadeal
- Diamondback Energy is buying Endeavor Energy Resources. The merger will make Diamondback bigger and better.
- 02/13/2024
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Markets Flattish Ahead of CPI Data Tuesday
- Marginal earnings misses -- or even beats with less-than-exceptional guidance -- are sending some stocks much lower on their Q4 news.
- 02/12/2024
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ExxonMobil (XOM) to Start Exploration in Disputed Territory
- ExxonMobil (XOM) secures an exploration license from Guyana regarding a disputed area off the coast of South America where previous attempts to explore oil and gas have failed.
- 02/12/2024
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If You Like Chevron and ExxonMobil, Then You Will Love These 2 High-Yield Dividend Stocks
- Chevron and ExxonMobil fill a valuable role in a diversified oil and gas portfolio. Operating a robust clean energy portfolio, Brookfield Renewable returns significant capital to investors.
- 02/12/2024
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ExxonMobil and Chevron's Banner Results: Which Is the Better Dividend Stock to Buy Now?
- Chevron has a higher dividend yield and is buying back a greater amount of stock relative to its market cap. After Exxon's Pioneer acquisition closes, it will be the leader in the Permian.
- 02/11/2024
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5 Reasons Why ExxonMobil Is a Dividend Stock Worth Buying Now
- Exxon's 2023 performance is arguably more impressive than 2022 because the business climate was more challenging. The balance sheet is in its best shape in a decade.
- 02/10/2024
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VDE: Energy Stocks Stuck In Neutral As Oil Prices Wobble In The $70s
- VDE: Energy Stocks Stuck In Neutral As Oil Prices Wobble In The $70s
- 02/09/2024
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ExxonMobil (XOM) to Exit Equatorial Guinea & Focus on Guyana
- The move aligns with ExxonMobil's (XOM) long-term strategy, focusing on the fastest-growing, lowest-cost opportunities in regions, such as Guyana and the US Permian Basin.
- 02/09/2024
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Religious investors urge Exxon to drop lawsuit against activist shareholders
- A group of religious investors urged Exxon Mobil to drop a lawsuit against climate activists, saying in a letter to the energy company's board seen by Reuters on Thursday that the action is a broad threat to shareholder rights.
- 02/08/2024
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2 Oil Stocks To Watch In February 2024
- Oil stocks to check out in the stock market today.
- 02/08/2024
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5 Dividend Aristocrats Signal Buy In February And 6 To Watch
- "Dividend Aristocrats. in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years. "--Kiplinger.com. 67 Aristocrats, screened as of February 5, 2024 represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 11.95%-40.69% topped-by APD & ADM.
- 02/07/2024
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Here's a Closer Look at ExxonMobil and Chevron's Q4 Earnings
- ExxonMobil (XOM) and Chevron (CVX) both intend to significantly increase production from the Permian Basin this year.
- 02/07/2024
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ExxonMobil Is Becoming a Moneymaking Machine
- Exxon had an outstanding 2023 despite lower commodity prices. The oil giant's strategy is paying off.
- 02/07/2024
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Exxon and Chevron ready to rally: The floor is in for big oil
- As sketchy as the outlook for oil prices, a floor has been in place for over a year and is unlikely to be broken. Persistent demand and OPEC help to support the price, while rising production drives profits for Exxon Mobil NYSE: XOM and Chevron NYSE: CVX.
- 02/07/2024
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Exxon Mobil Will Likely Push The Boundaries Of Energy Production
- Exxon Mobil's FY23 earnings were impacted by soft commodities pricing, particularly in the natural gas market. Exxon is well positioned to navigate the flat O&G market in eFY24. Exxon continues to invest in their core assets in the Permian and Guyana while divesting non-core to enhance operational efficiencies. Exxon is actively investing in carbon capture, utilization, and storage (CCUS) projects and lithium mining to enhance its carbon reduction efforts and tap into the growing electric vehicle market.
- 02/07/2024
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J Mintzmyer On Red Sea Disruptions And 2 Key Shipping Segments
- J Mintzmyer discusses the shipping sector, disruptions in the Red Sea, and investment opportunities. Tankers and containerships are the most impacted sectors, with rates surging and potential for a multi-year supercycle.
- 02/06/2024
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/06/2024
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Exxon Mobil Stock Became A Bargain Buy For The Long Run
- Exxon Mobil Corporation is a strong play among oil and gas majors due to positive quarterly results and cheap stock prices. Let me explain why. The company's core earnings remained strong despite challenges, and it aims to achieve cumulative cost savings of $15 billion by the end of FY2027. Exxon Mobil's refining utilization rates are expected to remain high, indicating operational efficiency and strong demand for its products.
- 02/06/2024
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ExxonMobile files lawsuit against activist investors to push back on Green Energy Transition
- Green energy and ESG initiatives (Environmental, Social, and Corporate Governance) are seemingly falling out of favor as Big Oil producers double down on traditional fossil fuels amid large mergers. Yahoo Finance Senior Reporter Ines Ferré highlights the energy sector pushback to carbon emission proposals.
- 02/05/2024
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ExxonMobil (XOM), Chevron to Raise 2024 Permian Basin Oil Output
- The plans laid out by ExxonMobil (XOM) and Chevron indicate notable growth in U.S. oil production, primarily driven by increased activities in the Permian Basin.
- 02/05/2024
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Energy ETFs in Focus After Exxon, Chevron's Q4 Earnings Beat
- Two energy behemoths - Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) - reported mixed fourth-quarter earnings.
- 02/05/2024
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What Chevron and Exxon's earnings tell us, according to this strategist
- Josh Young of Bison Interests says a careful examination of Chevron and Exxon's financial results show that unlike the consensus expectations of the oil market being oversupplied in the first half of 2024, it might actually be undersupplied.
- 02/05/2024
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This semiconductor stock could be the best value for your money
- Big oil companies like Hess NYSE: HES and the classics such as Chevron NYSE: CVX and even Exxon Mobil NYSE: XOM are raking in big profits lately. It goes to show just how excited the market has become over other areas of the economy, like semiconductor and technology stocks, which is where all the growth came to focus for the future pricing of stocks.
- 02/05/2024
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Retirement Risk: 3 Companies Overloaded With Their Own Stock
- In 2020, I discussed how federal pension laws restricted the amount of company stock that could be held within an employee's defined benefit plan to 10% of the assets. Unfortunately, the same cannot be said about defined contribution plans like 401(k)s, which have created glaringly obvious retirement risk stocks to avoid.
- 02/05/2024
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Numbers Don't Lie: ExxonMobil Is the Top Stock in the Oil Patch.
- Exxon delivered industry-leading earnings in 2023. The oil giant has delivered peer-leading performance across several key metrics in recent years.
- 02/04/2024
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ExxonMobil, Chevron Post Strong Profits Despite California Hits
- ExxonMobil XOM made news in early January when it said it would be forced to take a major, $2 billion impairment hit against its 2023 earnings related to its operations in the anti-oil and gas state of California. Efforts by Gov.
- 02/04/2024
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The Score: Meta Platforms, Norfolk Southern, Exxon Mobil and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news.
- 02/02/2024
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Bumper Earnings at ExxonMobil, Chevron Boosted By US Oil Production
- Energy giants ExxonMobil (XOM) and Chevron (CVX) reported their second-largest annual profits in a decade on Friday as strong U.S. oil production boosted revenue.
- 02/02/2024
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ExxonMobil (XOM) Q4 Earnings Beat Estimates, Revenues Fall Y/Y
- ExxonMobil's (XOM) Q4 earnings benefit primarily from increased liquids production.
- 02/02/2024
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Compared to Estimates, Exxon (XOM) Q4 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/02/2024
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Nonfarm Payrolls Increased More Than Expected
- The big jobs numbers out this week came from this morning's U.S. Bureau of Labor Statistics' (BLS) Employment Situation report, which surprised to the upside in a major way: 353K new jobs created for January, nearly double the 180K or so analysts were looking for. A big upward revision for December accompanies this headline, from 216K originally reported to 333K today.
- 02/02/2024
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Exxon Mobil and Chevron defy market challenges with strong 2023 earnings
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Chevron Corporation (NYSE:CVX, ETR:CHV) both reported results on Friday that proved positive for the oil giants. Exxon announced a better-than-expected $36 billion profit for full year 2023, buoyed by fuels trading and increased oil and gas production.
- 02/02/2024
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BLS Jobs Up Big: 353K, 3.7% Unemployment
- 353K new jobs created for January are nearly double the 180K or so analysts were looking for.
- 02/02/2024
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Exxon CEO says $XOM beats peers on three key metrics
- Darren Woods – the chief executive of Exxon Mobil Corp (NYSE: XOM) attributes strength in the company's recently concluded quarter to “excellence in execution”. $XOM has doubled its earnings power The oil and gas behemoth came in ahead of Street estimates for per-share earnings in its fiscal fourth quarter.
- 02/02/2024
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Exxon Mobil CEO Darren Woods on Q4 earnings: Another step in improving the business and company
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported an earnings beat but falling short on revenue expectations, impact of Guyana-Venezuela dispute, and more.
- 02/02/2024
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Exxon Mobil (XOM) Surpasses Q4 Earnings Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $3.40 per share a year ago.
- 02/02/2024
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Exxon beats earnings expectations even as lower oil prices weigh on profits
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 02/02/2024
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XOM Stock: Lower Oil Prices Are Dragging Exxon Down
- Exxon Mobil (NYSE: XOM ) posted strong Q4 2023 earnings on Feb. 2, but shares still fell in pre-market trading. Revenue of $84.3 billion missed expectations by just 1%, and the company's earnings per share of $2.48 outperformed predictions of $2.21 by 12%.
- 02/02/2024
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Exxon Mobil Stock Rises as Earnings Beat Estimates
- Investors are looking at the company's growth plans.
- 02/02/2024
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Exxon Mobil's stock rallies after profit and free cash flow beat expectations, while revenue fell well short
- Shares of Exxon Mobil Corp. XOM, -0.41% rallied 1.9% in premarket trading Friday, after the oil and gas giant reported fourth-quarter profit and free cash flow that beat expectations even as revenue fell well short. Net income dropped to $7.63 billion, or $1.91 a share, from $12.75 billion, or $3.09 a share, in the year-ago period.
- 02/02/2024
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Exxon beats estimates, ends 2023 with a $36 billion profit
- Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.
- 02/02/2024
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Exxon beats earnings expectations but lower oil prices weigh on profits
- Exxon's profit fell in fourth quarter compared to the prior year as crude price fell.
- 02/02/2024
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The best trades of the last 50 years show what investors should do now
- Early Friday futures trading shows stock indices on the front foot. Whether they hold that optimism into Wall Street's opening bell may depend on labor market data.
- 02/02/2024
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3 Smart Stock Choices for a Potential Trump Second-Term
- Investors should keep their eyes on a few ‘Trump stocks' if the former president makes it to the second term. These companies have close direct and indirect ties to Trump.
- 02/01/2024
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Exxon says investors withdrawing climate proposal annual shareholder meeting
- Exxon Mobil Corp on Thursday said activist investors were withdrawing a climate proposal the oil giant sought to block from being voted on during the company's shareholder meeting in May.
- 02/01/2024
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Earnings Exchange: ExxonMobil, Chevron, Clorox & Skechers
- Chris Grisanti, MAI Capital Management chief equity strategist, joins ‘The Exchange' to discussExxonMobil, Chevron, Skechers and Clorox.
- 02/01/2024
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Factors Likely to Determine the Fate of BP in Q4 Earnings
- Lower commodity prices amid flat production are likely to have hurt BP's Q4 earnings to some extent.
- 02/01/2024
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47 Stocks From Bloomberg's Dividend Focus For 2024
- January 15, Bloomberg Business Week published The Year Ahead special edition. 50 stocks therein touted as “Companies to Watch". YCharts produced this list of January 47 stocks; of which, 32 Pay dividends and 12 measure-up to the dogcatche-ideal of promising dividend-payouts, from $1k invested, greater-than their single-share prices. How're they doin' now? The top-ten Divvy 32 for January ranged 4.09% to 8.59% in annual-yield and ranged 10.87% to 62.07% in one-year price-target-upsides per brokers as of 1/29/24.
- 02/01/2024
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Will Exxon Mobil And Chevron Follow Aramco's Production Lead With Earnings Due?
- Exxon Mobil and Chevron have found support at their 50-day moving averages with fourth-quarter earnings due Friday.
- 02/01/2024
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Shell Stock Rises as Earnings Set High Bar for Exxon and Chevron
- Shell returned $23 billion to shareholders last year, said it was raising its dividend, and would continue its share buyback program.
- 02/01/2024
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Exxon stock will be affected by U.S. presidential elections: here's how
- Many believe the 2024 U.S. presidential elections will meaningfully affect oil stocks moving forward because the likely candidates of both parties are miles apart in terms of views on energy. Exxon Mobil Corp (NYSE: XOM) will particularly remain in focus considering it's a key name in this space.
- 01/31/2024
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Will ExxonMobil's (XOM) Upstream Business Aid Q4 Earnings?
- Since ExxonMobil (XOM) has significant exposure to the upstream business, the favorable oil and gas prices are likely to have aided Q4 earnings.
- 01/31/2024
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3 No-Brainer Stocks to Buy With $500 Right Now
- Wall Street's major stock indexes have oscillated between bear and bull markets in successive years since this decade began. Despite a strong performance from Wall Street in 2023, bargains can still be found.
- 01/31/2024
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Exxon Mobil (XOM) Advances But Underperforms Market: Key Facts
- The latest trading day saw Exxon Mobil (XOM) settling at $103.13, representing a +0.13% change from its previous close.
- 01/29/2024
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ExxonMobil (XOM) Gears Up for Q4 Earnings: What to Expect?
- ExxonMobil's (XOM) Q4 earnings are likely to have been aided by a strong commodity price scenario and solid upstream business.
- 01/29/2024
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Here's Why ExxonMobil Is a No-Brainer Energy Stock
- ExxonMobil is one of the largest energy companies on planet Earth. The company has increased its dividend annually for 41 consecutive years.
- 01/29/2024
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Activist investors fret over Exxon Mobil's lawsuit bypassing US regulator
- Investors that use shareholder resolutions to pressure companies on environmental and social issues said they are worried that an Exxon Mobil lawsuit bypassing the U.S. securities regulator could undermine their influence.
- 01/29/2024
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Prediction: This Will Be a Half-Trillion-Dollar Energy Stock
- ExxonMobil surpassed the half-trillion-dollar level all the way back in 2007. The business as it stands today could justify that valuation again.
- 01/28/2024
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How Guyana's big oil boom turned it into the world's fastest-growing economy
- The 2015 oil discovery led Guyana to become the world's fastest-growing economy, recording the world's highest real GDP growth rate in 2022 and 2023.
- 01/27/2024
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Earnings Countdown: Mega-Cap Stocks Take the Stage Next Week
- Although next week will not be the most numerous in earnings reports, it will be the most important. Five of the ‘Magnificent Seven' stocks will be reporting and the two largest American energy companies – sharing with investors some of the most valuable economic data in the world.
- 01/26/2024
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Oil Has Had a Wild Ride. The Case for Owning Exxon Mobil.
- Exxon is in the middle of a push to unlock $25 billion in cash flow by 2027. That should pay for more stock buybacks.
- 01/26/2024
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Exxon Mobil (XOM) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
- Exxon (XOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/26/2024
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Big Oil Vs. Green Finance: Exxon Sues Sustainable Investment Firms
- Oil giant ExxonMobil XOM is wading into a heated battle over climate change and corporate governance. ExxonMobil is suing two sustainable investment firms (Arjuna Capital and Follow This) in an attempt to block a shareholder proposal from going to a vote at their annual shareholder meeting.
- 01/25/2024
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Dividend Harvesting Portfolio Week 151: $15,100 Allocated, $1,331.13 In Projected Dividends
- Dividend Harvesting Portfolio Week 151: $15,100 Allocated, $1,331.13 In Projected Dividends
- 01/25/2024
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3 High-Yield Dividend Darlings to Secure Your Income
- Dividend investing is a slow and steady path to financial wealth. Investors can accumulate dividend stocks and receive higher payouts every quarter.
- 01/24/2024
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MPLX Set to Report Q4 Earnings: Is a Beat in the Offing?
- Higher pipeline throughput volumes are likely to have aided MPLX's earnings in Q4.
- 01/24/2024
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3 just-upgraded energy stocks to put on your radar
- Last night saw the S&P 500 index close at a fresh all-time high. It's a remarkable achievement that didn't look as likely as recently as October.
- 01/24/2024
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Why Exxon Mobil (XOM) Outpaced the Stock Market Today
- In the closing of the recent trading day, Exxon Mobil (XOM) stood at $97.91, denoting a +1.13% change from the preceding trading day.
- 01/23/2024
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Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 01/23/2024
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3 Permian Stocks to Watch as Oil Price is Still Healthy
- Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
- 01/23/2024
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Exxon Mobil sues ESG investors' to keep climate proposals off shareholder ballot
- Exxon Mobil is suing to block a group of activist shareholders from bringing up a climate proposal covering emissions by users' of Exxon's products for a vote at a shareholder meeting.
- 01/22/2024
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ExxonMobil to Release Fourth Quarter 2023 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its fourth quarter 2023 financial results on Friday, February 2, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live conference.
- 01/22/2024
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Exxon Louisiana refinery gasoline, diesel units shut for work -sources
- Exxon Mobil Corp began on Saturday a planned overhaul on a fluidic catalytic cracker (FCC) and the hydrocracker at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana, refinery, people familiar with plant operations said on Monday.
- 01/22/2024
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Why is Exxon suing to stop two yogis from pushing their climate proposals?
- Natasha Lamb and Farnum Brown founded and run Arjuna Capital. The decade-old sustainable-investment firm, whose mission is to push major corporations into adopting more socially conscious policies, has found itself at the center of a lawsuit by Exxon Mobil Corp. XOM, -0.09% that seeks to block a shareholder proposal on climate change.
- 01/22/2024
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ExxonMobil (XOM) Sues Activists, Blocks Climate Petition
- ExxonMobil's (XOM) legal challenge against climate activist shareholders represents a notable development in the ongoing debate over corporate responsibility and environmental initiatives.
- 01/22/2024
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 01/22/2024
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3 undervalued stocks: Is now the right time to buy?
- For savvy investors, hunting down undervalued stocks can mean unearthing overlooked stocks with big potential. In any market cycle, undervalued stocks are there, waiting to be scooped up at bargain prices, but they tend to get even less attention in a bull market, as we saw in 2023.
- 01/22/2024
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U.S. oil giant Exxon Mobil sues activist investors to prevent climate proposals
- It is thought a court victory for Exxon Mobil could have a chilling impact on future shareholder petitions.
- 01/22/2024
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If You Like ExxonMobil, Then You'll Love These 2 Warren Buffett Oil Dividend Stocks
- ExxonMobil and Chevron are arguably the safest oil and gas stocks to buy now. Both companies have paid and raised their dividends for over 36 consecutive years.
- 01/22/2024
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Exxon sues activist investors over climate proposals
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has filed a court case against two of its investors in an attempt to block a climate proposal from reaching the company's annual general meeting. Follow This and Arjuna Capital were sued by the oil giant in a Texas court on Sunday, after calling on Exxon to set targets for reducing carbon emissions.
- 01/22/2024
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Exxon files lawsuit against activist investors' ‘extreme' climate proposal
- Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company's shareholder meeting in May.
- 01/21/2024
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Exxon Sues Two ESG Investors
- The oil giant says Arjuna Capital and Follow This want Exxon's oil-and-gas business to shrink, putting them at odds with shareholders.
- 01/21/2024
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Exxon files lawsuit against investors' climate proposal
- Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company's shareholder meeting in May.
- 01/21/2024
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Just How Safe Is Exxon Mobil Stock's Dividend?
- A key component of income investing is a portfolio that includes safe dividends, those that are unlikely to shrink or disappear.
- 01/21/2024
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2 Ideal Barron's/Fortune New-Year 2024 Dividend Buys
- Barron's 10 favorite Stocks for 2024 came-out 1/17/24. Their New-Year Roundtable, published 1/11/24, listed 8 stocks of note for 2024 and mentioned 15 more. Fortune published their 13 inflation-proof list. Barron's interviews of eleven financial industry Roundtable pros tapped 8 predictions with 15 stocks mentioned. Three stocks made more than one list: Microsoft, Nvidia, Google. Nevertheless, the combined Barron's/Fortune list tracked-by YCharts as of 1/17/24 projected ten-top analyst-estimated net-gains from WTFC, PEP, JPM, ORCL, NVDA, GOLD, KMI, CVX, XOM and topped-by BABA ranging 14% to 70%.
- 01/21/2024
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Occidental Petroleum Still Isn't as Good as ExxonMobil or Chevron in 1 Very Important Way
- Warren Buffett helped Occidental Petroleum buy Anadarko Petroleum out from under Chevron. That transaction changed the dynamics of Oxy's balance sheet in a very significant way.
- 01/21/2024
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Exxon Vs. Saudi Aramco: Buy American For Energy's Future
- Exxon and Saudi Aramco resist efforts to reduce emissions and reliance on fossil fuels, believing peak oil demand is still in the future. Exxon's upstream strategy and focus on profitability make it well-positioned to dominate the energy sector's final chapter. Geopolitical risks, such as attacks on oil production, pose a threat to Saudi Aramco, while Exxon's culture and economic advantage make it a stronger contender.
- 01/19/2024
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ExxonMobil (XOM) Signs a 20-year Agreement for LNG Purchase
- ExxonMobil (XOM) agrees to purchase 1.2 MMtpa LNG from the Saguaro Energia LNG Plant, owned by Mexico Pacific, by exercising options under a deal signed in 2023.
- 01/19/2024
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3 mega cap stocks approaching oversold status
- Ever since the prospect of rate cuts became suddenly very real last November, equities as a whole have been enjoying some of their best weeks in years. The benchmark S&P 500 index is flirting with all-time highs and is now up more than 16% in less than three months.
- 01/19/2024
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Got $500? 3 Energy Stocks to Buy and Hold Forever
- Chevron's acquisition spree sets up the company's future. ExxonMobil's deep pockets and massive size are competitive advantages.
- 01/19/2024
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Exxon Mobil (XOM) Declines More Than Market: Some Information for Investors
- In the most recent trading session, Exxon Mobil (XOM) closed at $96.98, indicating a -0.73% shift from the previous trading day.
- 01/17/2024
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Energy stocks are still attractive despite crude oil pressures, says top analyst Paul Sankey
- Paul Sankey, Sankey Research, joins 'Fast Money' to talk the energy sector, pressure on crude oil prices, where to invest in the space and more.
- 01/17/2024
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Buy 4 January Dividend Fortune 500 Industry Leaders (Of 68), Watch 4 More
- The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by-revenue. Dogcatcher's quest to sniff-out the best-dividend buys focused on 68 industry-leaders using YCharts 1/12/24 data. Those 68 industry-leaders were segmented into 21 business-sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange listed firms are not tracked-by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.18% to 8.92% in annual yield and ranged -10.48% to 38.16% in broker estimated one-year price target upsides.
- 01/17/2024
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Oil is in contango for the first time since 2021: Best oil stocks
- The days of open outcry commodity trading are nearly extinct, as most of today's trading takes place behind a desk and through online brokerages. However, the traders that ascended from these pits took with them some of the same principles that they learned at places like Chicago, where most options and futures trade.
- 01/17/2024
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2 Energy Stocks Poised to Outshine Q4 Earnings Estimates
- Two leading energy companies that are likely to beat fourth-quarter earnings estimates are Exxon Mobil Corporation (XOM) and Phillips 66 (PSX).
- 01/16/2024
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4 Dividend Aristocrat Ratings: Buy This And Sell That
- Dividend Aristocrats are a good way to find stocks with a history of growing dividends, even though I find the "aristocrats" name cringe. Investors should not become emotionally attached to stocks and should view them as a means to an end. Buying low, selling high, and getting paid to wait can increase both income and capital gains for dividend investors.
- 01/16/2024
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3 Key Stocks to Watch This Earnings Season
- In the Q4 Earnings Season Outlook, Zacks Director of Research Sheraz Mian points out a number of compelling insights for the coming earnings season.
- 01/15/2024
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Why ExxonMobil Stock Tumbled Nearly 10% in 2023
- Lower oil prices weighed on Exxon's earnings last year. The oil giant had a solid year operationally.
- 01/15/2024
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U.S. Plans Methane Fee on Oil Firms to Combat Climate Change
- Companies like ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP) could be impacted by EPA's proposed fees for oil and gas producers exceeding specified methane emission levels.
- 01/15/2024
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6 Ultra-Yield Dividend Oil Stocks To Buy As Middle East War Explodes
- In October, Civitas signed an agreement with Vencer Energy to acquire oil-producing assets in the Midland Basin of west Texas for a total consideration of approximately $2.1 billion, subject to customary terms, conditions, and closing price adjustments.
- 01/14/2024
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A 12% Distribution Yield At $80 WTI Is Why I Sold Exxon To Buy Canadian Natural Resources
- I prefer to focus on finding buying opportunities rather than stocks to sell or avoid among the thousands of stock-listed companies in the world. I have shifted my investment from Exxon Mobil to Canadian Natural Resources due to the latter's better potential for shareholder value and strong position in the energy sector. Canadian Natural Resources has substantial proven reserves, low decline rates, and a commitment to returning cash to shareholders, making it a preferred choice over Exxon Mobil.
- 01/12/2024
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ExxonMobil (XOM) to Explore E&P Opportunities in Algeria
- ExxonMobil (XOM) is currently engaged in discussing plans with Sonatrach, following Occidental, to begin upstream operations in the North African country.
- 01/12/2024
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7 Shaken Stocks Set to Emerge Stronger in 2024
- While it may be natural to stay with your winners, contrarian investors may want to consider stocks to recover in 2024. These are enterprises that didn't quite pass muster last year.
- 01/11/2024
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Trump Again Claims N.Y. AG James Drove Exxon Out Of New York—But Company Left In 1989
- Former President Donald Trump blamed New York Attorney General Letitia James for driving Exxon out of New York while speaking to reporters outside of his Manhattan civil fraud trial Thursday—even though the company moved its headquarters out of New York City more than 30 years ago.
- 01/11/2024
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The 3 Best Blue-Chip Stocks to Buy in January 2024
- Investing in the best blue-chip stocks offers some benefits, especially lower volatility. Typically, these stocks are stable companies with a lower beta than their peers.
- 01/10/2024
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3 Overlooked Dividend Stocks Ready to Rally Hard in Q1
- Calling all income investors to witness the magic of dividends—a powerful force in minimizing portfolio risk and volatility. These payouts not only offset stock losses but also bring a satisfying reward for having a stake in a company.
- 01/10/2024
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3 Dividend Aristocrats Signal Buy In January With 7 To Watch
- "Dividend Aristocrats. in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years."--Kiplinger.com/Investing.
- 01/10/2024
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3 High-Yielding Dividend Stocks to Buy in 2024 (and 1 to Avoid)
- Realty Income is a diversified REIT with an impressive streak of dividend growth. ExxonMobil's business has slowed down due to lower commodity prices, but its payout remains safe.
- 01/10/2024
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/09/2024
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Exxon Mobil (XOM) Declines More Than Market: Some Information for Investors
- Exxon Mobil (XOM) closed the most recent trading day at $99.67, moving -1.24% from the previous trading session.
- 01/09/2024
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ExxonMobil (XOM), Koch Climate Lawsuit Faces SC Denial
- The U.S. Supreme Court denies ExxonMobil (XOM), Koch Industries' plea to move climate lawsuit, reinforcing state courts' role in climate-related legal battles.
- 01/09/2024
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These stocks have highest insider selling activity in last 3 months
- Keeping an eye on insider trading activity in major corporations has become an indispensable task for analysts and investors.
- 01/09/2024
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Exxon's faces hurdles in $2.5 billion exit from California offshore
- Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from those assets could take some time.
- 01/08/2024
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Why ExxonMobil, Chevron, and ConocoPhillips Stocks All Just Dropped
- Oil prices averaged just under $78 a barrel in 2023. Wall Street banks expect similar oil prices in 2024 -- and based on that, the big U.S. oil companies are trading at a cheap forward P/E ratio.
- 01/08/2024
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Exxon Mobil: Don't Miss Out On This Great Dividend Aristocrat
- Last October, Exxon Mobil rewarded shareholders with its 41st consecutive annual dividend raise. The company's results were better than the steep declines in Q3 revenue and profits indicated. Exxon Mobil boasts an AA- credit rating on a stable outlook from S&P.
- 01/08/2024
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Are defensive sectors ready to outshine growth in 2024?
- The Health Care Select Sector SPDR Fund NYSEARCA: XLV, which has both growth and defensive characteristics, was the leader in the first week of the year. Top sector performers included Moderna Inc. NASDAQ: MRNA, Merck & Co., Inc. NYSE: MRK and Viatris Inc. NASDAQ: VTRS.
- 01/06/2024
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ExxonMobil (XOM) Projects $8.9B Operating Profit for Q4
- ExxonMobil (XOM) expects a decrease in Q4 earnings due to lower oil prices, partially offset by higher natural gas prices.
- 01/05/2024
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ExxonMobil Expects Up to $2.6B Impairment Charge Because of Idle California Unit
- ExxonMobil (XOM) warned it would incur a $2.4 billion to $2.6 billion impairment charge for the fourth quarter, mainly because of the shutdown of a unit in Southern California.
- 01/05/2024
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Equity CEFs/ETFs: Top Picks For 2024 - Part II
- In Part I of my Top Picks For 2024, I explained why we saw such extreme valuation losses in most equity CEFs in 2023 and what that could-mean for 2024. In my opinion, liquidity was the over-riding factor for why so few stocks, think Magnificent 7, received the lion's share of buy-interest while most everything else suffered, including equity CEFs. But just because the Federal Reserve will continue its Quantitative Tapering doesn't mean that other Fed programs won't increase liquidity in other places.
- 01/05/2024
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Big Impairment Charges Don't Mean Much for Big Oil
- The country's two supermajor oil companies have announced big impairment charges that will be included in their fourth-quarter results.
- 01/05/2024
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Exxon flags $2.6bn write down in California
- Exxon Mobil Corporation (NYSE:XOM) is prepared to write down some $2.6 billion for its Californian assets which include fields out of action since 2015. The Santa Ynez project was taken offline amidst a pipeline leak and has been the subject of multiple efforts to restart operations.
- 01/05/2024
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This Oil Stock Is Following Leaders ExxonMobil and Occidental Petroleum by Making a Major Acquisition
- APA Corporation is acquiring Callon Petroleum in a $4.5 billion deal. It follows the same blueprint of recent deals by Exxon and Occidental.
- 01/05/2024
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Exxon Mobil to take write-down of as much as $2.6 billion on California assets
- Exxon Mobil late Thursday flagged it might write down the value of its California assets by as much as $2.6 billion.
- 01/05/2024
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Exxon to Take $2.6 Billion Write-down on California Energy Assets
- Oil companies have been complaining that state policies such as restrictions on new drilling and caps on margins make it hard to invest.
- 01/05/2024
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Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
- Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California.
- 01/04/2024
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Dividend Harvesting Portfolio Week 148: $14,800 Allocated, $1,312.61 In Projected Dividends
- The Dividend Harvesting Portfolio finished 2023 with an account balance of $15,931.25 and is projected to generate $1,312.61 of forward dividend income.
- 01/04/2024
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How Smart Acquisitions Are Fueling Growth in the Energy Sector
- The year 2023 reshaped the oil and gas industry as companies like ExxonMobil, Chevron, OXY and Harbour Energy made strategic, eco-friendly moves, setting industry trends.
- 01/04/2024
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What to Expect If ExxonMobil Doesn't End Up Buying Pioneer
- ExxonMobil wants to buy Pioneer Natural Resources to expand its footprint in the U.S. onshore drilling market. U.S. regulators have been increasingly critical of large mergers in recent years.
- 01/04/2024
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3 Dividend Stocks to Buy Hand Over Fist in January
- Enbridge has a huge yield and a reliable history of increasing its dividend. ExxonMobil has used its balance sheet to support dividend growth in even the worst of times.
- 01/04/2024
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Exxon Mobil (XOM) Advances While Market Declines: Some Information for Investors
- Exxon Mobil (XOM) closed at $103.22 in the latest trading session, marking a +0.84% move from the prior day.
- 01/03/2024
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7 Stocks Primed for a Spectacular Comeback in 2024
- While investors might be tempted to ride the biggest winners of last year, shifting sands may provide a superior outlook for comeback stocks. Just what am I talking about?
- 01/03/2024
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Exxon stock downgraded ahead of earnings
- Exxon Mobil Corp (NYSE: XOM) has gained about 5.0% over the past three weeks but a Mizuho analyst says it's time to stop buying this energy stock. Exxon stock lost its buy rating at Mizuho Nitin Kumar downgraded the oil and gas behemoth this morning to “neutral” and lowered his price target to $117.
- 01/03/2024
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Stop buying Exxon Mobil, Occidental Petroleum stocks as oil prices should stagnate, analyst says
- With oil and gas prices expected to be weighed down by fears of weakening demand as global economies slow, Mizuho analyst Nitin Kumar has downgraded the shares of a number of energy companies on Wednesday.
- 01/03/2024
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7 Dividend Aristocrats With Boatloads of Passive Income Potential
- The current market is characterized by price volatility and return uncertainty. However, seven companies span across various sectors—consumer staples, financial, healthcare, energy, industrials and more—each wielding a unique prowess in generating passive income.
- 01/02/2024
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Exxon Mobil: $100 Oil Could Be A 2024 Black Swan (Rating Upgrade)
- Recent corrections in Exxon Mobil Corporation stock prices are overdone. Geopolitical disruptions and demand-supplier imbalances could drive both oil prices and Exxon stock prices higher. In the meantime, Exxon's current valuation is too compressed, offering a sizable margin of safety.
- 01/02/2024
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This Giant Oil Stock Is My Top Dividend Pick for 2024
- For most of this millennium, Exxon Mobil has reported fabulous profits -- and considerably less fabulous free cash flow. COVID-19 and the disruptions it caused to global economics may have changed that.
- 01/02/2024
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Down 9% Since The Beginning Of 2023, What Should You Expect From Exxon Mobil Stock?
- After a 9% decline since the beginning of 2023, at the current price of around $100 per share, we believe Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas — and North America's largest energy company by market cap — could see gains in the longer term. XOM stock has declined from around $110 to $100 year-to-date, as oil prices have been surprisingly lower compared to 2022.
- 01/02/2024
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ExxonMobil: Opportunity Is Knocking - Should You Answer?
- XOM returned a net -6% over the last year, compared to a +22% gain for the S&P. Our analysis of sentiment suggests that XOM may be in the beginning stages of a much larger rally. Using a system like Fibonacci Pinball with XOM and other names can help traders and investors define risk and potential gains.
- 01/02/2024
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ExxonMobil hands over operations at West Qurna 1 oilfield to PetroChina
- Senior Iraqi oil officials met with executives from ExxonMobil, PetroChina and Basra Oil Co on Monday at the West Qurna 1 field near Basra to mark Exxon's complete exit and the handover of its operations to PetroChina.
- 01/01/2024
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3 stocks to buy for a hedge against inflation in 2024
- In recent years, inflation has become a prominent topic in economic discussions, particularly with a noticeable rate increase following the pandemic. Despite a recent cooling off of inflation in the past months, investors remain concerned about the potential lasting impacts of elevated prices.
- 01/01/2024
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ExxonMobil hands over operations at West Qurna 1 oilfield to PetroChina
- U.S. energy giant ExxonMobil Corp has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as a lead contractor, a deputy oil minister told Reuters on Monday.
- 01/01/2024
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Combining Strengths: 2 Undervalued Market Leaders For Balanced Dividend Income And Dividend Growth
- By including one company that offers an attractive Dividend Yield and another that provides dividend growth in your portfolio, you can blend dividend income with the potential for dividend appreciation. With the latest incorporations of Nike and Exxon Mobil into The Dividend Income Accelerator Portfolio, we have managed to blend dividend income with dividend growth while increasing portfolio diversification. I am convinced that both Nike and Exxon Mobil strongly align with the investment approach of The Dividend Income Accelerator Portfolio.
- 12/30/2023
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6 Reasons To Avoid Exxon Mobil (XOM) Stock Right Now
- Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE Ever wanted an extra set of eyes on an investment you're considering?
- 12/30/2023
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3 Energy Stocks With Fortress Balance Sheet to Gain in 2024
- The slowdown of economic growth in 2024 may hurt energy demand, heightening the need to keep an eye on ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP).
- 12/29/2023
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Is ExxonMobil Stock a Buy?
- Exxon has a diversified energy business, from upstream to downstream. The company is dipping its toes into cleaner alternatives, but is still very much dedicated to oil and natural gas.
- 12/29/2023
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7 Undervalued Gems That Wall Street Missed Out On in 2023
- Under a frenzied environment, it's normal to overpay for certain hot investments – but this framework also drives the case home for undervalued stocks Wall Street overlooked. Stated differently, publicly traded enterprises that stood well outside the spotlight may offer calmer, more intelligence-focused narratives.
- 12/28/2023
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Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts
- In the closing of the recent trading day, Exxon Mobil (XOM) stood at $100.19, denoting a -1.45% change from the preceding trading day.
- 12/28/2023
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3 Energy Stocks You'll Regret Not Buying Soon
- Energy stocks have underperformed the market in 2023 as investors made a pivot to growth in anticipation of the Fed cutting rates. This is likely to reverse in 2024 as markets turn to value in the face of slowing growth.
- 12/28/2023
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3 Oil Stocks To Watch Ahead Of 2024
- Oil stocks to watch in the stock market today.
- 12/27/2023
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Down in 2023, Are XOM & CVX Poised for a Turnaround in 2024?
- In 2024, ExxonMobil (XOM) & Chevron (CVX) are anticipated to experience a smoother trajectory, thanks to their commanding upstream operations and robust balance sheets.
- 12/27/2023
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My Best Dividend Aristocrats For January 2024
- The ProShares S&P 500 Dividend Aristocrats ETF continues its recent good run in December, through the 22nd, the ETF is up 3.91%. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- 12/26/2023
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Value vs. Growth: Which investment style triumphed in 2023?
- In 2022, the US equity markets faced formidable challenges as a confluence of factors, including four-decade-high inflation and escalating interest rates, curtailed investors' enthusiasm for high-risk assets, notably growth-oriented stocks.
- 12/26/2023
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6 Dividend Stocks With Businesses Anyone Can Understand
- The company's restaurants offer: Hamburgers and cheeseburgers Chicken sandwiches and nuggets Wraps Fries Salads Oatmeal Shakes Desserts Sundaes Soft serve cones Bakery items Soft drinks, coffee, and beverages Biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches The company operates a stunning 40,275 McDonald's locations worldwide as of early 2023.
- 12/25/2023
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3 Dividend Stocks to Gain in '24 Despite Energy Market Volatility
- Three handsome dividend stocks that investors may keep an eye on for 2024 are EOG Resources (EOG), ExxonMobil (XOM) and Chevron (CVX).
- 12/22/2023
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Exxon Mobil: Merger With Pioneer And Expected Rising Oil Prices (Rating Upgrade)
- Exxon Mobil is set to acquire Pioneer Natural Resources, which will increase its oil and gas sales and make it the largest player in the Permian Basin. The oil market balance is expected to be influenced by voluntary production cuts from OPEC+ countries and concerns over slowing global demand. The forecast for Brent oil prices has been lowered, but overall, Exxon Mobil's financial results are expected to improve with the acquisition and increased oil and gas margins.
- 12/21/2023
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ExxonMobil (XOM) Gets Approval for Hebron Field Expansion
- This approval grants ExxonMobil (XOM) and its partners the authority to proceed with the development of sands within Jeanne d'Arc Formation.
- 12/21/2023
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Dividend Goldmine: 7 Essential Stocks to Buy for Sustained Passive Wealth
- Unlocking the secrets to long-term financial prosperity lies in strategic investments and the art of dividend stock selection. In the dividend income context, this article delves into seven cornerstone passive income stocks across diverse sectors.
- 12/19/2023
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Cash in on Passive Income With These 3 Dividend Stalwarts
- As anybody who follows baseball understands, the season is long, which segues into a discussion about dividend stocks to buy. Sure, right now, risk-on sentiment appears to be returning to the market.
- 12/19/2023
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5 Dividend Stocks That Could Deliver Life-Changing Returns
- The company offers medicines and vaccines in various therapeutic areas, including: Cardiovascular metabolic and women's health under the Premarin family and Eliquis brands Biologics, small molecules, immunotherapies, and biosimilars under the Ibrance, Xtandi, Sutent, Inlyta, Retacrit, Lorbrena, and Braftovi brands Sterile injectable and anti-infective medicines and oral COVID-19 treatment under the Sulperazon, Medrol, Zavicefta, Zithromax, Vfend, Panzyga, and Paxlovid brands.
- 12/19/2023
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ExxonMobil (XOM) Plans to Pilot CCS With CFC Technology
- ExxonMobil (XOM) intends to construct a pilot plant at its Rotterdam Manufacturing Complex.
- 12/19/2023
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Exxon Mobil (XOM) Beats Stock Market Upswing: What Investors Need to Know
- Exxon Mobil (XOM) concluded the recent trading session at $101.65, signifying a +0.74% move from its prior day's close.
- 12/18/2023
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3 Cheap Dividend Aristocrats
- Dividend aristocrats have underperformed in 2023 due to high interest rates and competition from high-yield savings accounts. The ProShares S&P 500 Dividend Aristocrats ETF is up only 5% compared to the S&P 500's 25% increase. The Coca-Cola Company, PepsiCo, and Exxon Mobil are three dividend aristocrats trading at cheap valuations.
- 12/18/2023
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FuelCell Stock Soars After Exxon Mobil Tie-Up. How They Plan to Cut Carbon.
- Exxon Mobil's affiliate, Esso Nederland BV, plans to build a pilot plant to test a type of technology that could reduce CO2 emissions.
- 12/18/2023
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FuelCell Energy's stock surges after teaming with ExxonMobil on ‘game-changing' carbon-capture technology
- Shares of FuelCell Energy Inc. FCEL, -1.28% shot up 16.2% toward a four-month high in premarket trading Monday, after the fuel cell technology company said ExxonMobil Corp.'s XOM, -0.67% affiliate in the Netherlands plans to build a plant to test technology developed with FuelCell to reduce carbon dioxide emissions. If demonstrations of the technology are successful, ExxonMobil could deploy the technology worldwide.
- 12/18/2023
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4 Ideal December Dividend Fortune 500 Industry Leaders (Of 68)
- The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff out the best dividend buys focused on 68 industry leaders using YCharts 12/14/23 data. Those 68 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign exchange listed firms not tracked by YCharts, leaving 65 listed. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.17% to 9.08% in annual yield and ranged -15.07% to 36.4% in broker estimated one-year price target upsides by YCharts 12/14/23 reckoning.
- 12/17/2023
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3 Integrated Energy Stocks to Gain From a Promising Industry
- From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX and BP will make the most of the favorable business scenario.
- 12/15/2023
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Focus: Exxon's low US tax payments ruffle Biden's climate agenda
- Exxon Mobil's income tax payments to the U.S. government have dropped to 3% over the past five years – several times below the company's 20-year average – on massive deductions passed under former President Donald Trump.
- 12/15/2023
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5 Dividend Aristocrats Signal Buy In December, With 6 To Watch
- "Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years. "--Kiplinger.com/Investing. 66 Aristocrats, screened as of December 12, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 13.71%-31.37% topped-by XOM & CVX. By yield, WBA topped-all Aristocrats. Top-ten Yields from ABBV, ESS, CVX, FRT, BEN, TROW, AMCR, O, MMM, & WBA, averaged 5.13%.
- 12/14/2023
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ExxonMobil (XOM) Remains in Guyana Despite Venezuela Dispute
- ExxonMobil (XOM) is steadfast in its commitment to continue operations in Guyana despite Venezuela's objections to recent oil block auctions due to pending maritime delimitation.
- 12/13/2023
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3 Charts For Investors to Watch Wednesday: SentinelOne, ExxonMobil, VIXY ETF
- Here's our daily look at three charts linked to news-driven price moves on Tuesday, with key technical levels to monitor.
- 12/13/2023
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Exxon Mobil Is Approaching A 4% Yield And Looks Undervalued
- Exxon Mobil Corporation is an attractive investment option for 2024 due to its strong balance sheet, declining share value, and potential for sector rotation into dividend stocks. The Fed tightening cycle is likely coming to an end, with inflation at a 4-month low and the possibility of a rate cut in 2024, making income-producing assets more appealing. Exxon Mobil has a solid financial position, with a large amount of cash on hand, strong revenue and profitability, and a history of returning capital to shareholders through buybacks and dividends.
- 12/13/2023
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Exxon Mobil (XOM) Stock Sinks As Market Gains: Here's Why
- In the latest trading session, Exxon Mobil (XOM) closed at $98.05, marking a -1.58% move from the previous day.
- 12/12/2023
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The 7 Best Dividend Stocks to Buy in December
- One of the best ways to protect your portfolio, and generate consistent income, is with some of the best dividend stocks. Most notably, those with a strong history of dividend payouts, strong growth, and economic moats.
- 12/12/2023
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3 Stocks You Can Keep Forever
- Procter & Gamble is a consumer-staples giant with a long history of success behind it. ExxonMobil is an energy Goliath that has managed to weather a volatile industry in stride.
- 12/12/2023
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The 3 Most Undervalued Blue-Chip Stocks to Buy in December
- At a glance, the market might appear overvalued as the S&P 500 approaches 2023 highs. However, in the past year, the performance has been quite bifurcated, with the Magnificent 7 soaring while most of the other 493 stocks have lagged.
- 12/11/2023
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Life-Changing Investments: 3 Stocks That Will Set You Up for the Long Haul
- The last four years on Wall Street gave investors whiplash. A decade-long bull market came to a screeching halt as the global pandemic brought on one of the worst market crashes in recent memory.
- 12/11/2023
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3 Must-Have Blue-Chips for Your Forever Portfolio
- The quest for stability remains an unending and vital pursuit in the investment landscape. The essence of a “forever portfolio” lies in identifying enduring entities that weather market turbulence and remain resilient.
- 12/11/2023
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Exxon Gets More Confident Its Low-Carbon Bets Will Pay Off
- The oil major plans to increase its overall low-carbon investments to $20 billion through 2027.
- 12/11/2023
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The 3 Best Oil Stocks to Buy in December
- If you think now is a bad time to consider adding oil stocks to your portfolio, think again. Sure, oil is currently in a downswing.
- 12/10/2023
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Ignore Maduro's Threat, Exxon Mobil Is A Buy Under $100 (Rating Upgrade)
- Oil price weakness and the Guyana geopolitical concerns have pushed Exxon under $100 for the first time in over a year. Maduro's "annexation" of 2/3 of Guyana's territory is likely an empty threat meant for domestic political consumption and the oil traders have completely ignored the news. Equity investors should do so too and consider taking advantage of favorable entry point.
- 12/10/2023
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Who Actually Owns America's Biggest Oil Company?
- The list of owners of ExxonMobil is long. All the top owners are companies, and it could be argued that the people who invest in these companies that own Exxon stock are the actual owners.
- 12/09/2023
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How To Invest $100,000 Today In A Sleep Well Portfolio
- The economic cycles have always been with us. But the frequency of boom and bust cycles has certainly increased in the last couple of decades. If the volatility of the stock market keeps you awake at night, this article is for you. The market has been rallying for some time now. Will the bull rally continue in 2024? This article addresses some of the questions and recommends how to invest fresh capital.
- 12/09/2023
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Exxon Mobil Sets The Stage For Massive Cash Flow Growth
- Exxon Mobil's management team has released an update to their 'Corporate Plan' outlining their strategy for the future until 2027. The plan forecasts generating robust cash flows, rewarding shareholders, and making investments in industries that will be in demand longer than oil. The company aims to double its earnings potential by 2027 and expects operating cash flows to expand significantly in the process.
- 12/08/2023
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Reasons to Retain ExxonMobil (XOM) in Your Portfolio Now
- : Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 12/08/2023
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ExxonMobil (XOM) CEO Foresees Lengthy Guyana-Venezuela Dispute
- ExxonMobil's (XOM) CEO outlines the company's strategic plan while cautioning a prolonged wait for resolution in the Guyana-Venezuela dispute, citing a complex arbitration process.
- 12/08/2023
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ExxonMobil Has the Fuel to Potentially Produce Phenomenal Total Returns Through 2027
- ExxonMobil remains on track with its 2027 corporate plan. The oil giant sees cost reductions and capital investments driving double-digit earnings growth over the next few years.
- 12/08/2023
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Boost Your Passive Income with 7 Reliable Dividend Stocks
- Dividend investing is a lot easier than real estate. It takes less work to set up and manage a portfolio of reliable dividend stocks.
- 12/07/2023
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3-Stock Lunch: AMD, AMZN and XOM
- David Trainer, New Constructs CEO, joins ‘Power Lunch' to discuss three stocks: Advanced Micro, Amazon and ExxonMobil.
- 12/07/2023
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Exxon Mobil's stepping up and out with low carbon biz: analysts
- Exxon Mobil Corp appears to be stepping up ambitions in its low carbon solutions business, but investors are expected to remain cautious until disclosure improves for its new business stream, according to RBC Capital Markets analysts. In an update to clients, they also noted that execution continues in the company's core business, which should ultimately drive improving earnings and cash flow.
- 12/07/2023
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Exxon Mobil: Suriname Just Became Significant To The Future
- The Petronas discovery in Suriname has the potential to double the basin development projects available for Exxon Mobil Corporation. Suriname is supportive of the oil and gas industry and has no active border disputes. Exxon Mobil and its partners can develop multiple FPSO projects simultaneously as needed.
- 12/07/2023
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3 Energy Stocks to Buy Hand Over Fist in December
- Solar energy stocks have been crushed in 2023, but higher utility rates and falling costs should be tailwinds in 2024. Higher rates are also hurting asset owners, but NextEra Energy Partners has a lot of flexibility to keep payouts high.
- 12/07/2023
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ExxonMobil (XOM) Expects Raised Earnings & Oil Production
- ExxonMobil (XOM) also plans to raise its annual share buybacks to $20 billion through 2025, up from the current $17.5 billion.
- 12/07/2023
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Exxon CEO does not expect regulatory hurdles in buying Pioneer
- Darren Woods – the Chief Executive of Exxon Mobil Corp (NYSE: XOM) does not expect to face regulatory hurdles in buying Pioneer Natural Resources Co (NYSE: PXD). Woods doesn't see competition concerns The Federal Trade Commission asked for more information on the $60 billion acquisition this week.
- 12/07/2023
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Exxon Mobil CEO on Venezuela-Guyana dispute: I'm not sure Guyana 'is standing on its own'
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk on the Street' to discuss the state of the oil market, oil production and price trends, $60 billion Pioneer deal, low carbon business, Venezuela-Guyana dispute, and more.
- 12/07/2023
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Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns
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Exxon Mobil: Dreaded Death Cross Appears As Crude Reality Materializes
- Exxon Mobil's stock has decreased by 10% while the S&P 500 has increased by 19% since December 2020. The stock's run-up prior to 2023 suggested the Exxon Mobil story already was well known and most of the upside was already priced in. Now is not the time to start a new position in Exxon Mobil. The risk is not worth the return. In the following piece, I make my case.
- 12/07/2023
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These 2 Blue Chip Stocks Just Announced $51 Billion in Stock Buybacks
- Stock markets moved modestly lower on Wednesday. ExxonMobil and Mastercard announced big stock buyback programs.
- 12/07/2023
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Exxon Mobil: Higher-For-Longer Oil Prices Are A Game Changer (Rating Upgrade)
- Exxon Mobil's earnings have remained higher for longer than anticipated due to high oil prices and OPEC's supply cuts. The company's upstream segment has reported enormous profits, with crude oil prices playing a crucial role. The large-cap energy sector, including Exxon Mobil, is undervalued, and geopolitical tensions could further drive up oil prices.
- 12/06/2023
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Here's Why Exxon Mobil (XOM) Fell More Than Broader Market
- The latest trading day saw Exxon Mobil (XOM) settling at $99.11, representing a -1.32% change from its previous close.
- 12/06/2023
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Exxon Mobil Corporation (XOM) 2023 Corporate Plan Update (Transcript)
- Exxon Mobil Corporation (NYSE:XOM ) 2023 Corporate Plan Update December 6, 2023 10:00 AM ET Company Participants Jennifer Driscoll - Vice President, Investor Relations Darren Woods - Chairman, Chief Executive Officer Kathryn Mikells - Senior Vice President, Chief Financial Officer Conference Call Participants Doug Leggate - BofA Securities Neil Mehta - Goldman Sachs Devin McDermott - Morgan Stanley Bob Brackett - Sanford C. Bernstein John Royall - JPMorgan Jason Gabelman - TD Cowen Biraj Borkhataria - RBC Capital Markets Roger Read - Wells Fargo Ryan Todd - Piper Sandler Sam Margolin - Wolfe Research Paul Cheng - Scotiabank Josh Silverstein - UBS Jennifer Driscoll Good morning, everyone.
- 12/06/2023
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Exxon says it will double earnings through 2027
- Exxon Mobil Corp (NYSE: XOM) says it will more than double what it earned in 2019 through 2027. Its shares are still down over 1.0% at writing.
- 12/06/2023
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Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes
- The oil giant plans to increase its annual share repurchase program to $20 billion in 2024 through 2025 after the Pioneer deal, up from $17.5 billion in 2023.
- 12/06/2023
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Exxon Increases Buybacks. The Stock Is Rising.
- Exxon intends to further grow annual earnings and cash flow by $14 billion from the end of 2023 through 2027.
- 12/06/2023
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Exxon Mobil boosts share buybacks as it aims for higher production
- Exxon Mobil Corp. XOM, -1.94% said Wednesday it's boosting its share repurchases to $20 billion per year from the time it closes its Pioneer Natural Resources Co. PXD, -1.98% acquisition in the first half of next year through 2025, up from $17.5 billion in 2023. The oil major said its oil-equivalent production is expected to increase to 4.2 million barrels a day by 2027 from 3.8 million oil-equivalent barrels per day in 2024, with growth in the Permian and Guyana.
- 12/06/2023
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FTC investigates Exxon's $60 billion deal for Pioneer
- The Federal Trade Commission is investigating ExxonMobil's planned acquisition of Pioneer Natural Resources over potential violations of federal antitrust law.
- 12/05/2023
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FTC probes Exxon's $60 billion acquisition of Pioneer
- Federal antitrust enforcers are investigating Exxon Mobil Corp.'s planned deal to acquire Pioneer Natural Resources Co. for $60 billion, according to securities filings.
- 12/05/2023
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ExxonMobil (XOM) Forms Second Crude Pipeline JV With Sentinel
- ExxonMobil (XOM) makes significant contributions to Enercoast, introducing two crude oil pipelines.
- 12/05/2023
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Exxon, Pioneer get second FTC request for information on pending takeover
- The U.S. Federal Trade Commission has sent shale oil producer Pioneer Natural Resources and Exxon Mobil a second request for more information on their $60 billion takeover deal, Pioneer said on Tuesday.
- 12/05/2023
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Beyond Pioneer Natural Resources: 3 Top Oil Stocks to Buy After ExxonMobil's $60 Billion Acquisition.
- Diamondback Energy is a pure-play Permian producer. Devon Energy has a meaningful position on the Delaware side of the Permian.
- 12/05/2023
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COP28: Exxon, Aramci Lead 50 Energy Firms Vowing Emissions Cuts
- Exxon Mobil Corp. and Saudi Arabia's Aramco are leading a pledge by 50 oil and gas producers to cut emissions. The pact was unveiled at the COP28 climate summit in Dubai.
- 12/03/2023
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Current Climate: ExxonMobil's Low Carbon Unit Is Looking For Respect
- This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
- 12/02/2023
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Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
- Exxon Mobil CEO Darren Woods on Saturday said the "problem statement" that countries need to focus on at the COP28 climate summit is reducing emissions.
- 12/02/2023
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ExxonMobil CEO Darren Woods discusses low-carbon solutions at COP28
- ExxonMobil CEO Darren Woods discusses low-carbon solutions and the "evolving landscape" of new technologies to achieve the green transition at COP28.
- 12/02/2023
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Exxon Will Remain In A Good Position Regardless Of Guyana
- Headlines spark rumors of a potential invasion on Guyana by Venezuela, impacting Exxon's investment in the region. If an invasion were to occur, it could affect 7% of Exxon's daily production or 15% of 2027 production. Best-case scenario: Exxon maintains business as usual, continuing operations and future projects in the region.
- 12/02/2023
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Why Is Brazil Joining OPEC+ and What Does It Mean?
- Since the election of President Luiz Inácio Lula da Silva last year, Brazil has been working to repair the damage done to its economy by former leader Jair Bolsonaro. Yesterday, though, the country announced an important decision that will likely impact one of its most prominent sectors.
- 12/01/2023
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Green energy movement: Which stocks are poised for growth?
- Amid the ongoing global push for cleaner energy, hydrogen firms, and clean energy stocks are gaining prominence. Projections indicate an 11.10% Compound Annual Growth Rate (CAGR) for the hydrogen industry until 2028, with potential acceleration in subsequent years.
- 12/01/2023
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ExxonMobil (XOM) Commences Fawley Oil Refinery Work in UK
- ExxonMobil (XOM) plans to incorporate a new hydrogen plant into Britain's largest oil-processing complex, a move that could open avenues for the development of sustainable aviation fuel.
- 12/01/2023
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Occidental Petroleum Could Soon Follow Exxon and Chevron by Making a Needle-Moving Acquisition
- Occidental Petroleum is in talks to acquire CrownRock. A merger would boost its already sizeable position in the Permian Basin.
- 12/01/2023
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ExxonMobil (XOM) Joins UN-led Methane Reporting Initiative
- The decision underscores ExxonMobil's (XOM) dedication to promoting transparency and signifies a shift from its prior position of opposing external monitoring of its climate change strategies.
- 11/30/2023
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Occidental Joins M&A Race With CrownRock Talks. It Follows Exxon, Chevron Moves.
- Occidental is in talks to buy closely held CrownRock, an operator in the West Texas Permian Basin, according to The Wall Street Journal.
- 11/30/2023
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Exxon CEO Darren Woods likely to attend COP28 – sources
- Exxon Mobil Corp Chief Executive Darren Woods is making plans to attend the COP28 climate summit in Dubai next week, two people close to the information said, in what would mark a first for an Exxon CEO, if confirmed.
- 11/29/2023
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Historic Low In Producer Short Positioning In Crude Oil: A Signal Of A Potential Major Shift In The Global Oil Market - Exxon Mobil (NYSE:XOM)
- The latest Commitment of Traders report (COT) raises questions about the future of the energy complex. Producer short positioning has hit its lowest level since August 2015, an indication that weakness in the oil market may not be a short-term phenomenon, but rather it could usher in a new dynamic within the global economy.
- 11/28/2023
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Exxon Mobil A Top 25 Dividend Giant With 3.63% Yield
- Exxon Mobil has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $61.27B worth of stock held by ETFs
- 11/27/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/27/2023
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Investing $10K in S&P 500 buys this much of largest stocks
- For years now, a significant cohort of investors gravitated towards the allure of the S&P 500 index over individual stocks.
- 11/27/2023
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Exxon Mobil: Diversifying From Big Oil To Big Energy
- Despite our previous pessimism surrounding Exxon Mobil, we are finally rerating the stock as a Buy here, with the gap between the volatile crude oil prices/elevated stock valuations already closing. The management has also convinced us on its well-diversified 2050 Energy Transition Plan, attributed to the recent Pioneer Natural Resources merger and 2030 Lithium targets. We believe that OPEC+ may further tighten their production cuts through H1'24, supporting the elevated crude oil prices and the producer's robust FCF generation.
- 11/26/2023
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Refiners, transporters surge: Niche energy markets defy oil slump
- Big energy like Chevron Corp. NYSE: CVX and Exxon Mobil Corp. NYSE: XOM are trading well below their highs, while certain sub-industries within the energy sector are performing well.
- 11/24/2023
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Why You Should Buy ExxonMobil (XOM) Despite Weak Q3 Earnings
- Strong upstream presence, robust balance sheet and truly integrated business model make ExxonMobil (XOM) a must-buy stock.
- 11/23/2023
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3 Must-Own Dividend Stocks for Plenty of Passive Income
- Passive income helps investors retire with less financial stress. Passive income can take care of extra bills, but it can also cover your living expenses if you invest in dividend stocks for a long enough amount of time.
- 11/22/2023
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Why Are Oil Stocks Down Today?
- Oil stocks are in the red today on news that the Organization of the Petroleum Exporting Countries (OPEC+) producers have been forced to delay a meeting on production cuts, with some pointing to potential global crude supply issues. The OPEC+ summit has been moved to Nov. 30, from its previous Nov. 25-26 timeline.
- 11/22/2023
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Energy Giants Exxon, Chevron Follow Oil Prices Lower On OPEC+ Meeting Delay
- Exxon Mobil and Chevron both edged lower Wednesday.
- 11/22/2023
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Top 5 U.S. Giants for 2024 That Have Failed to Deliver in 2023
- We have narrowed our search to five U.S. corporate giants that have failed to deliver in 2023. These are: PEP, PG, MMM, XOM, GILD.
- 11/22/2023
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3 Energy Plays That Dividend Investors Shouldn't Ignore
- DINO, XOM and FANG are three fundamentally and operationally strong energy companies that should enable you to live off dividends through sector volatility.
- 11/22/2023
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3 LNG Stocks Expected to Spike by 2030
- Proper energy infrastructure is a vital component of our daily lives. Of the different segments of the energy market, there is liquified natural gas, which is the product of cooling natural gas until it changes from a gas to a liquid.
- 11/22/2023
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From Energy to Retail: The Next 3 Trillion-Dollar Stocks
- It used to be a company being valued at $1 trillion was a big deal. When Apple (NASDAQ: AAPL ) became the first company to cross that threshold in 2018, there was a lot of hoopla surrounding the event.
- 11/21/2023
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Bet on These 3 Permian Stocks as Oil Price is Still Healthy
- Exploration and production businesses are still favorable as crude price remains healthy. Thus, Matador (MTDR), EOG Resources (EOG) and ExxonMobil (XOM) are poised to gain.
- 11/21/2023
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These Companies Are Racing to Capture This Multitrillion-Dollar Opportunity
- Exxon recently spent nearly $5 billion to bulk up its carbon dioxide infrastructure capabilities. EnLink Midstream believes carbon transportation could boost its earnings by 25% with minimal capital investment.
- 11/21/2023
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3 Battery Stocks You'll Regret Not Buying Soon: November 2023
- The U.S. electric vehicle (EV) market is slowing, but demand remains upbeat elsewhere around the world. That means EV batteries have a strong tailwind at their back.
- 11/18/2023
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3 Things You Need to Know If You Buy ExxonMobil Today
- ExxonMobil is a giant, globally diversified, integrated energy company. The oil and gas company has largely stuck to its core business even as some peers have shifted toward clean energy.
- 11/18/2023
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Exxon Mobil's Second Act
- Exxon Mobil Corporation plans to become a leading supplier of lithium for electric vehicles by acquiring land in Arkansas. Demand for lithium is expected to triple by the end of the decade, presenting a $40 billion market opportunity. Exxon Mobil's core business remains strong, with plans to increase production and generate strong cash flow.
- 11/17/2023
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Dividend Dynamos: 3 High-Potential Stocks for Compounding Success
- High-yield dividend stocks offer good returns with lower risk compared to growth stocks, providing a less stressful financial journey into retirement. While no dividend stock is risk-free, investors can seek established companies or those with competitive advantages for consistent dividend payments.
- 11/17/2023
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Why ExxonMobil Stock Popped on Friday
- Oil prices hit a four-month low on Thursday, falling below $75 a barrel. OPEC, points out Goldman Sachs, doesn't like oil prices below $75 -- and may work to move prices higher.
- 11/17/2023
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ExxonMobil (XOM) to Invest up to $15B in Indonesia CCS Project
- ExxonMobil's (XOM) investments aim to create the most extensive carbon capture and storage facilities in Southeast Asia.
- 11/17/2023
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Oil Price Predictions: What's Next as Oil Enters Bear-Market Territory?
- Down 13% in the past month and on pace for four consecutive weeks of decline, the price of crude oil is now in a bear market, further pressuring stocks of energy producers. West Texas Intermediate (WTI) crude oil, the U.S. standard, is down a little more than 20% from a peak of more than $90 a barrel reached in September and officially in a bear market.
- 11/17/2023
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Bet on These 3 Dividend Yielding Energy Stocks Right Away
- Dividend-paying stocks in the energy space are relatively less volatile. Stocks that are poised to gain are EOG Resources (EOG), ExxonMobil (XOM) and APA Corporation (APA).
- 11/17/2023
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Exxon Mobil's stock bounces after Gerdes gets bullish, citing valuation and growth drivers in Permian Basin, Guyana
- Shares of Exxon Mobil Corp. XOM, -1.16% bounced 0.9% in premarket trading Friday, after the oil giant was upgraded at Gerdes Energy Research, citing valuation after the stock's recent selloff. Exxon's stock has tumbled 14.8% since closing at a record $120.20 on Sept.
- 11/17/2023
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3 Oil Stocks to Buy Heading Into December
- The hydrocarbon industry has slowed amid concerns about the climate crisis and the transition to electric and hydrogen-powered vehicles. Still, oil stocks continue to generate massive free cash flow and commodity prices continue to surge in volatile swings.
- 11/16/2023
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ExxonMobil (XOM) CEO Urges Collaboration for Net-Zero Success
- ExxonMobil's (XOM) CEO challenges the perception of Big Oil as villains, proposing collaborative measures for a tangible path to net-zero emissions.
- 11/16/2023
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Bill Gates' 2 new stock buys are not exactly green
- Bill Gates, co-founder of Microsoft (NASDAQ: MSFT), has transcended his tech mogul status to become a global icon in philanthropy and environmental advocacy. Renowned for his commitment to addressing pressing global challenges, Gates has channeled his wealth and influence toward impactful solutions.
- 11/16/2023
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Indonesia says Exxon Mobil plans to invest up to $15 bln in the country
- U.S. oil major Exxon Mobil is planning to invest up to $15 bln in a petrochemical project and carbon capture and storage (CCS) facilities in Indonesia, the country's President, Joko Widodo, said, according to a palace statement on Thursday.
- 11/15/2023
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Exxon plans Wall Street update on Dec. 6
- Exxon Mobil Corp. XOM, -0.60% said late Wednesday it aims to update investors on a call and presentation on Dec. 6, starting at 10 a.m. Eastern. Presenters include Chief Executive Darren Woods and Chief Financial Officer Kathy Mikells.
- 11/15/2023
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Yields Up To 10%: My Top 10 High Dividend Yield Companies For November
- While investing in companies that pay relatively high dividends provides you with several benefits, it often comes attached to an elevated risk-level. A careful selection process is essential for identifying high yield companies that pay sustainable dividends, have significant competitive advantages, are financially healthy, and have an attractive valuation. In today's article, I will present you with 10 high dividend yield companies which I believe are presently appealing for investors, and worth considering investing in.
- 11/15/2023
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ExxonMobil (XOM) Starts Producing From Payara Oil Project
- The Prosperity FPSO has been deployed by ExxonMobil (XOM) on the Payara field is expected to achieve peak capacity in the first half of 2027.
- 11/15/2023
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Exxon Is Drilling for Lithium in Arkansas and Plans to Be a Major Lithium Producer
- Robust demand for lithium is expected to last for decades, driven largely by the electrification of the world's vehicle fleet. A "lithium rush" is underway across the United States, as electric vehicle makers aim to use domestic sources for the components in lithium-ion batteries.
- 11/15/2023
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As Exxon eyes lithium, crucial decision looms on filtration technology
- Exxon Mobil has yet to decide which lithium filtration technology it will deploy as part of its aggressive plans to become one of the world's top producers of the metal used to make electric vehicle (EV) batteries, an executive said on Tuesday.
- 11/14/2023
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ExxonMobil (XOM) Begins Drilling First Lithium Well in Arkansas
- ExxonMobil (XOM) aims to commence lithium production in Arkansas, targeting a minimum production of 10,000 metric tons per year by 2026.
- 11/14/2023
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/14/2023
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ExxonMobil Has Bold Plans to Become a Top EV Stock by 2030
- ExxonMobil is moving forward with its first lithium-production project. The energy giant aims to become a leading lithium producer by 2030.
- 11/14/2023
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Royal Rule: Buy These 3 Dividend Aristocrats on Every. Single. Dip.
- There is no substitute for dividend stocks when it comes to making money on Wall Street. Time and again studies show dividend payers significantly outperform those that do not.
- 11/13/2023
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ExxonMobil Says Construction Underway on New Lithium Well in Arkansas
- ExxonMobil (XOM) on Monday said work has started on the construction of a lithium well in Arkansas, as the energy giant plans to become a leading producer of the critical metal used in batteries for electric vehicles (EV).
- 11/13/2023
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5 Risky Stocks to Buy Immediately, According to AI
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 11/13/2023
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Is Exxon Mobil (XOM) the Next Big Lithium Stock?
- Exxon Mobil (NYSE: XOM ) has been one of the best-performing energy stocks this year. After hitting a fresh all-time high in September, XOM stock has since given up some of its gains.
- 11/13/2023
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Exxon Wants to Be a Leading Lithium Producer for EVs. Here's What That Would Take.
- Exxon announces it has drilled its first wells in Arkansas in a project that will produce lithium products for electric vehicles.
- 11/13/2023
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Exxon seeks to become leading lithium producer for EVs
- Oil producer Exxon Mobil (XOM) is now seeking to produce battery-grade lithium for EV batteries. Yahoo Finance Live relates Exxon's pivot to commentary from electric vehicle makers, including Tesla (TSLA) CEO Elon Musk, and discusses the opportunities Exxon's lithium strategy could open up for the EV landscape.
- 11/13/2023
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Exxon Mobil eyes becoming top lithium producer; targets Arkansas output by 2027
- Exxon Mobil Corporation (NYSE:XOM) on Monday announced plans to produce lithium for electric vehicle batteries as soon as 2027. The energy giant said it is setting up a lithium drilling operation in Arkansas after purchasing 120,000 acres of land earlier this year at a geological site called the Smackover formation, which is rich in lithium.
- 11/13/2023
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Exxon Mobil plans to produce lithium for electric vehicle batteries
- Dan Ammann, president of Exxon's low carbon solutions business, joins 'Squawk Box' to discuss their company's plans to produce lithium for electric vehicle batteries and more.
- 11/13/2023
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Exxon Mobil unveils lithium production plans: will this spur XOM stock rise?
- In a strategic move towards diversification, Exxon Mobil (NYSE: XOM) has unveiled plans to become a key player in the electric vehicle (EV) supply chain. The company has set its sights on lithium production, with the initiation of the first phase of production operations planned to start in Arkansas.
- 11/13/2023
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Exxon Mobil moving into lithium production business for electric-vehicle batteries
- Exxon Mobil Corp. XOM, +0.77% said Monday it plans to begin producing lithium for electric-vehicle batteries by 2027 from a mining operation in southwest Arkansas under the brand Mobil Lithium. The oil and gas giant said it's planning to be a “a leading producer of lithium” but it did not provide any projected sales figures for the business.
- 11/13/2023
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Exxon to start producing lithium by 2027
- U.S. energy major Exxon Mobil said on Monday it plans to start producing lithium by 2027 in Arkansas, amid growing demand for the metal used in electric vehicle batteries.
- 11/13/2023
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Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation
- Exxon aims to supply enough of lithium to support the manufacture of one million electric vehicles by 2030.
- 11/13/2023
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Comparing ExxonMobil And Google: Profits, Profit Margins, And Tax Rates
- As complaints are once again raised about the quarterly profits of oil companies, I take a closer look at ExxonMobil's profits, and compare them to Google's profits.
- 11/13/2023
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Implications Of Robert Friedland's Lithium Rant - Buy Exxon
- Robert Friedland is a highly respected figure in the mining industry and was a key player in several of the world's Tier 1 mines. In a recent conference interview, he tore apart the viability of the current lithium-ion battery in a wholesale energy transition. Friedland claims disruption is coming soon because Pure Lithium has the technology to produce lithium metal from low grade resources within oil & gas reservoirs.
- 11/13/2023
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7 Undervalued Stocks With Potential to Hit Trillion-Dollar Milestone
- When discussing the next trillion-dollar companies, this article will either be prescient or a total clown show. And while there's good evidence to suggest that I could sadly fall into the latter category, I'm not a complete buffoon.
- 11/11/2023
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Exclusive: Exxon aims to begin lithium production by 2026 in Arkansas
- Exxon Mobil is set to unveil its long-awaited lithium strategy on Monday with an announcement that it aims to start production of the electric vehicle (EV) battery metal in Arkansas by 2026, according to a source with direct knowledge of the oil major's plans.
- 11/11/2023
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Strategic Portfolio Allocation With Risk/Reward Optimization: A Deep Dive Into My Dividend Portfolio
- In today's article, I will show you the current allocation of the 20 largest positions of my personal investment portfolio. I will demonstrate that the portfolio is relatively concentrated, with 5 positions accounting for 50.79% of the overall investment portfolio. I will explain in greater detail why the elevated risk level of this concentrated portfolio still aligns with my risk-tolerance.
- 11/11/2023
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Oil Drops Back to Summer Lows – Grab These 5 ‘Strong Buy' Stocks With Huge Dividends Now
- The benchmark Oil indices of Brent Crude and West Texas Intermediate were set to soar over $100 just a few weeks ago.
- 11/11/2023
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PetroChina to replace Exxon as lead contractor for Iraq's West Qurna 1 oilfield –oil executive
- Iraq has signed a settlement agreement with U.S. energy giant Exxon Mobil Corp to finalise its exit from the West Qurna 1 oilfield and allow PetroChina to become the field's lead contractor, a senior Iraqi oil executive said on Saturday.
- 11/11/2023
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5 Fair-Priced November Fortune 500 Industry-Leader Dogs Out Of 68
- The Summer, 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. Dogcatcher's quest to sniff-out the best dividend buys focused on 68 industry leaders using YCharts 11/8/23. Those 68 industry leaders were segmented into 21 business sectors ranging (alphabetically) from apparel to wholesalers. Three of the 68 are not listed on U.S. exchanges. Their data was excluded. 58 dividend yielding stocks led those 68 industry leaders and ranged 0.19% to 9.56% in annual-yield and ranged -1.29% to 54.34% in broker-estimated one-year price-target-upsides by YCharts 11/8/23 reckoning.
- 11/10/2023
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Three buys and a bail: ExxonMobil, Occidental, Halliburton & SolarEdge
- Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss three buys and a bail, including ExxonMobil, Occidental, Halliburton and SolarEdge.
- 11/10/2023
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Here's Why Exxon Mobil Is The Energy Stock to Own NOW
- Exxon Mobil (NYSE: XOM ) is among the dividend-paying energy stocks I think investors should focus on now. The company's long history of dividend payments, rising distributions, and active share buybacks make XOM stock one of the top mega-cap stocks I think is overlooked.
- 11/10/2023
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Why I Finally Added This Elite Dividend Stock to My Portfolio
- Chevron has increased its dividend for 36 straight years. Its payout is on a very firm foundation.
- 11/10/2023
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The 7 Best Stocks to Own in a Volatile Market
- While the rest of Wall Street may be basking in the glow of screaming-hot economy, contrarian investors may want to consider the best stocks for a volatile market. Just like in a game of baseball, all it takes is one bad inning to see a big lead evaporate.
- 11/09/2023
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3 Oil Stocks With Strong Free Cash Flow
- Oil prices have been on a roller coaster ride in 2023, influenced by geopolitical events, dwindling reserves in the U.S., and broader speculation about the global economy. Saudi Arabia and Russia are fulfilling their production cuts to support the market and prevent a glut, which kept oil prices elevated.
- 11/09/2023
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ExxonMobil passed Tesla as the most shorted stock last month. Here are the 10 names investors are betting against the most.
- ExxonMobil was the most shorted large-cap stock in the S&P 500 last month, according to HazelTree. Tesla and Apple followed the energy giant in the large-cap sector, according to data from HazelTree.
- 11/08/2023
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4 Dividend Aristocrats Signal Buys In November As 6 Await
- "Dividend Aristocrats in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years. "-- Kiplinger.com/Investing. 66 Aristocrats, screened as of November 6, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 22.29%-34.44% topped-by O & WBA.
- 11/08/2023
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3 Energy Stocks With Strong Balance Sheets and Low Debt
- Whether it is with energy stocks, or any other sector, investors are often told to look for companies with strong balance sheets. Balance sheets include assets on one side and liabilities on the other.
- 11/08/2023
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Strong Large-Cap Insider Buys: Q3 2023
- The article discusses sizable insider purchases in Q3 of this calendar year. Insiders at Exxon Mobil, Zebra Technologies, The AES Corporation, and Broadcom have shown unusual interest in their own companies' stock, buying large amounts in the third quarter. After about three or four consecutive quarters of primarily discussing oil and gas stocks, the insider buying in that sector appears to have slowed a bit.
- 11/07/2023
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3 Energy Stocks to Sell Before the End of the Year
- The energy sector continues to be challenging for investors to navigate. Crude oil prices peaked at $122 a barrel in June 2022 after Russia invaded Ukraine.
- 11/07/2023
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7 Blue-Chip Stocks With Share Buyback Programs
- It's no surprise that there are many blue-chip stocks with share buyback programs. Alongside the paying out of dividends, share buybacks are a great vehicle for mature businesses to maximize value for investors.
- 11/07/2023
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2 sectors reducing debt and paying shareholders
- Publicly traded companies utilize debt for many reasons. They can use it to fuel growth, pay dividends, or buy back shares, but like any financial entity, enough is enough.
- 11/07/2023
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Five potential takeover targets in the oil industry, following deals by Exxon Mobil and Chevron
- This could be a good time for investors to pour money into stocks of companies involved in the production of oil and natural gas. And the best reason for that may have nothing to do with military conflict.
- 11/06/2023
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3 Energy Giants to Invest in for Safe and Stable Investments
- With the market seemingly unable to decide which trajectory it wants to take, so-called safe energy stocks may be your best bet. Irrespective of whatever happens to the economy, mobility and power represent enduring themes in modern society.
- 11/05/2023
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Is Congress still buying up war stocks?
- Last month, it came to light that several US congressional leaders have been strategically investing in war-related stocks amid the ongoing conflict in the Middle East.
- 11/03/2023
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3 Dividend-Paying Energy Stocks to Buy Hand Over Fist in November
- Pipeline owner Enterprise Products Partners is a high-yield toll taker. ExxonMobil is a reliable energy giant with the capacity to act as a consolidator in the oil industry.
- 11/03/2023
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Why ExxonMobil Stock Crushed the Market on Thursday
- A large competitor boosted the amount of its share repurchase program. This reflected the generally robust health of the oil and gas industry.
- 11/02/2023
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Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 11/02/2023
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This Elite Ultra-High-Yielding Dividend Stock Adds $3.1 Billion in Additional Fuel to Its Growth Engine
- Enterprise Products Partners secured another $3.1 billion in expansion projects. They'll come online in 2025 and boost its cash flow.
- 11/02/2023
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2 Top Oil Stocks to Buy in November
- Oil and natural gas are highly volatile commodities. ExxonMobil and Chevron have built their businesses to withstand commodity price swings.
- 11/02/2023
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Earnings Growth Turns Positive
- With more than 60% of the Q3 results already out, earnings growth for the quarter is on track to turn positive despite the significant Energy sector drag.
- 11/01/2023
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Earnings Growth Turns Positive
- With more than 60% of the Q3 results already out, earnings growth for the quarter is on track to turn positive despite the significant Energy sector drag.
- 11/01/2023
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Ignore the Noise and Buy These 2 Stocks for Long-Term Wealth Building
- In recent weeks volatility in the stock market has increased markedly. With rising geopolitical tensions in the Middle East, interest rates pushing 16-year highs and every other economist warning about the impending recession, it is no wonder investors are getting nervous.
- 11/01/2023
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Schumer, Democrats call for FTC probe of Exxon, Chevron acquisitions
- Senate Majority Leader Chuck Schumer and 22 Democratic senators sent a letter to the FTC calling for an antitrust probe of acquisitions by ExxonMobil and Chevron.
- 11/01/2023
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ExxonMobil, Chevron stock price outlook amid an FTC probe push
- ExxonMobil and Chevron, two of the energy industry's giants, have found themselves under the scrutiny of federal regulators as some Democratic lawmakers demand for a Federal Trade Commission (FTC) probe into their recent acquisitions.
- 11/01/2023
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ExxonMobil and Chevron Are Betting Big on Fossil Fuels. Should You?
- ExxonMobil's merger with Pioneer is boosting its presence in the Permian Basin. Chevron's merger with Hess gives it access to promising offshore reserves in Guyana.
- 11/01/2023
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US Senator Schumer urges FTC to probe Exxon, Chevron mega-deals
- U.S. Senate Majority Leader Charles Schumer on Wednesday urged the U.S. Federal Trade Commission to consider possible anti-competitive harms stemming from recent multi-billion dollar acquisitions by oil and gas giants Exxon Mobil and Chevron Corp.
- 11/01/2023
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Which Oil Stock Could Deliver the Most Attractive Returns?
- Oil stocks are back in focus, with the ongoing Israel-Hamas war pushing oil prices higher on fears of a wider conflict in the Middle East that could disrupt supplies. Further, the recently announced mega deals in the sector have gained investors' attention.
- 10/31/2023
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Denbury shareholders approve merger with Exxon Mobil
- Denbury said on Tuesday its shareholders approved the company's merger with Exxon Mobil , with the deal closing expected on Nov. 2.
- 10/31/2023
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3 Oil Stocks Making Big Moves in Q4 2023
- Oil markets got spooked this week, right in time for Halloween. On Monday, World Bank economists warned that oil prices could peak close to $150 per barrel.
- 10/31/2023
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/31/2023
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5 Solid Stocks to Watch That Recently Hiked Dividends
- AbbVie Inc. (ABBV), Exxon Mobil Corporation (XOM), Kontoor Brands, Inc. (KTB), Select Water Solutions, Inc. (WTTR) and Macatawa Bank Corporation (MCBC) recently hiked dividends.
- 10/31/2023
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Exxon Mobil or Chevron? Which is the better buy?
- The answer to whether Exxon Mobil NYSE: XOM or Chevron NYSE: CVX is a better buy is relative. Exxon was clearly the better buy for investors before the Q3 results were released, but now that those results are in, the tables have turned.
- 10/31/2023
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Revisiting the classic 60/40 portfolio as challenges loom
- In mid-2020, the 60/40 worked as well as it was supposed to. Investors who held on through the early Covid market decline saw a fast rebound to a bull market, while long-term Treasuries fell to record lows.
- 10/31/2023
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XOM Stock Buy Alert: Jump On This Generational Energy Opportunity
- It was only a few weeks ago when Exxon Mobil (NYSE: XOM ) agreed to acquire shale oil driller Pioneer Natural Resources (NYSE: PXD ). With that, Exxon Mobil is set to become a mammoth petroleum juggernaut.
- 10/31/2023
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What Exxon and Chevron are telling us about the future of fossil fuels and oil demand
- Massive mergers between 4 major oil companies have been announced in October alone — Chevron's (CVX) proposed buyout of Hess (HES) for $53 billion, ExxonMobil's (XOM) acquisition of Pioneer Natural Resources (PXD) for $59.5 billion. With the International Energy Agency (IEA) predicting that peak oil demand will hit in 2030, questions arise as to what will these companies do if international and domestic green energy initiatives to go carbon neutral are met.
- 10/29/2023
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ExxonMobil Is Cashing In on Higher Crude Oil Prices
- Higher oil prices provided a big boost to Exxon's third-quarter earnings and free cash flow. The company's strong and growing free cash flow enabled it to increase its dividend again.
- 10/29/2023
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Exxon Mobil: Why This Dividend Zombie Deserves A Look
- Exxon Mobil is a dividend zombie, having paid uninterrupted dividends for 141 years. Despite missing Q3 earnings estimates, Exxon Mobil's share price rose due to a 9.5% increase in revenue from the previous quarter. Exxon Mobil has a strong history of increasing shareholder returns, with 41 consecutive years of dividend increases and significant share buybacks.
- 10/28/2023
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Exxon restarts coker at Baton Rouge, Louisiana refinery -sources
- ExxonMobil restarted the coker on Thursday night at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana refinery, people familiar with plant operations said on Friday.
- 10/27/2023
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Oil and solar stocks: Energy sector breakdown amid geopolitical conflict, energy transition
- Oil (BZ=F, CL=F) rose this week on escalations in the Middle East. Solar stocks, on the other hand, saw a their shares prices decline despite the green energy push, with some companies saying they expect weak demand for solar products.
- 10/27/2023
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Exxon and Chevron Earnings Slumped in Q3. Here's Why Investors Balked More At One.
- Less than a month after they each announced major acquisitions, the two largest U.S. oil giants reported sluggish third-quarter earnings Friday. But investors responded less harshly to ExxonMobil's results than they did to Chevron's—perhaps because of Chevron's lagging production business.
- 10/27/2023
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Exxon Mobil: Risk/Reward Isn't Appealing With Profit Slump
- Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer Natural Resources raises concerns about focusing on non-organic growth and shifts focus away from the energy transition. Exxon Mobil stock is expensive at 12x EPS run rate, with the risk of lower oil prices apparently not factored into the stock price.
- 10/27/2023
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A Bet on Long-Term Oil Demand: Chevron and Exxon Mobil Commence Dealmaking Arms Race
- Exxon Mobil XOM and Chevron CVX reported quarterly earnings Friday morning, and both companies missed quarterly earnings expectations. The energy giants saw EPS drop more than -40% YoY, in stark contrast to last year's banner performance.
- 10/27/2023
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Energy stocks under pressure after earnings from Chevron and Exxon
- CNBC's Pippa Stevens joins 'Power Lunch' to discuss the energy trade.
- 10/27/2023
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Oil production business remains growth driver for both Exxon and Chevron, says Neal Dingmann
- Neal Dingmann, energy analyst at Truist Securities, joins 'The Exchange' to discuss increasing consolidation in the oil market, who the buyers and sellers will be, and more.
- 10/27/2023
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Oil slide hits Exxon Mobil profits
- Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retreat from higher levels.
- 10/27/2023
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ExxonMobil's Profit Plunges from 2022 Record on Lower Oil, Gas Price Realizations
- ExxonMobil Corp.'s (XOM) third-quarter profit fell by more than half of its record high last year on a decline in oil and gas price realizations, although the company's refineries had the highest throughput for any third quarter since 1999. The company also boosted its quarterly dividend.
- 10/27/2023
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Exxon Mobil CEO Woods on Demand, Refining and ESG
- Exxon Mobil Chair and CEO Darren Woods discusses the company's third-quarter earnings, refining strategy and the ESG movement with Alix Steel and Guy Johnson on "Bloomberg Markets."
- 10/27/2023
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PCE Index In-Line, +0.4%; Core YoY +3.7% - Lowest Since 2021
- Spending continued to climb: +0.7% compared with the +0.5% anticipated and the +0.4% posted a month ago.
- 10/27/2023
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Compared to Estimates, Exxon (XOM) Q3 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 10/27/2023
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ExxonMobil (XOM) Q3 Earnings Lag Estimates on Upstream Weakness
- Lower realizations of commodity prices and production hurt ExxonMobil's (XOM) earnings in Q3.
- 10/27/2023
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PCE Numbers Come in Line With Expectations
- PCE Numbers Come in Line With Expectations.
- 10/27/2023
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Exxon Mobil (XOM) Q3 2023 Earnings Call Transcript
- Exxon Mobil Corporation (NYSE:XOM ) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Darren Woods - Chairman, Chief Executive Officer Neil Chapman - Senior Vice President Kathryn Mikells - Senior Vice President, Chief Financial Officer Jennifer Driscoll - Vice President, Investor Relations Conference Call Participants Neil Mehta - Goldman Sachs Bob Brackett - Bernstein Devin McDermott - Morgan Stanley Doug Leggate - Bank of America Stephen Richardson - Evercore ISI Roger Read - Wells Fargo John Royall - JP Morgan Jason Gabelman - TD Cowen Ryan Todd - Piper Sandler Neal Dingmann - Truist Securities Paul Cheng - Scotiabank Josh Silverstein - UBS Sam Margolin - Wolfe Research Operator Good morning everyone and welcome to Exxon Mobil Corporation's third quarter 2023 earnings webcast. Today's call is being recorded.
- 10/27/2023
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Exxon CEO on Q3 earnings: ‘supply continues to be fairly tight'
- Exxon Mobil Corp (NYSE: XOM) is in the red this morning after reporting its financial results for the third quarter that came in shy of Street estimates. Exxon Q3 financial highlights Exxon attributed the weakness partly to production was slipped 0.8% to 3,688,000 oil-equivalent barrels per day in the recently concluded quarter.
- 10/27/2023
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Amazon, Intel, Deckers, Exxon, Chevron, Chevron, Ubisoft - Stocks on the move
- Amazon.com Inc (NASDAQ:AMZN), up 5.25% to $125.85, last night reported better-than-expected financial results for its third quarter of 2023, with a notable beat on the bottom line. The e-commerce giant's quarterly earnings per share (EPS) came in at $0.94, a more than three-fold increase from a year earlier and much better than the $0.58 analyst consensus estimate.
- 10/27/2023
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Exxon Mobil CEO Darren Woods on Q3 results, global oil demand and energy outlook
- Exxon Mobil chairman and CEO Darren Woods joins 'Squawk Box' to discuss the company's quarterly earnings results, global oil demand, headwinds facing the company, energy outlook, and more.
- 10/27/2023
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Exxon Mobil (XOM) Q3 Earnings Lag Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $2.27 per share, missing the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $4.45 per share a year ago.
- 10/27/2023
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ExxonMobil seeks further cost cuts after hitting target early
- Exxon Mobil Corporation (NYSE:XOM) is targeting more cost savings after hitting its $9.0 billion ahead of schedule. The Texas oil giant made the announcement alongside third quarter results which showed earnings rose to $9.07 billion in the three months ended September 30, from $7.88 billion in the previous quarter, although they were more than halved from the $19.66 billion reported a year ago.
- 10/27/2023
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Exxon posts $9.1 billion third-quarter profit, down from record year-ago net, up from prior quarter
- CNBC's Becky Quick reports on the company's quarterly earnings results.
- 10/27/2023
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Exxon Mobil's stock slips after profit, revenue miss expectations as production declines
- Shares of Exxon Mobil Corp. XOM, -0.91% lost 0.3% in premarket trading Friday, after the oil giant reported third-quarter profit and revenue that missed expectations as production fell, while free cash flow beat by a wide margin. Net income dropped to $9.07 billion, or $2.25 a share, from$19.66 billion, or $4.68 a share, in the year-ago period.
- 10/27/2023
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Exxon posts $9.1 billion net, down from year-ago, up 15% from 2Q
- Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil prices recovered.
- 10/27/2023
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Chevron and Exxon's latest buys could usher in a new era of oil megamergers
- Chevron and Exxon announced shiny new acquisitions this month, and industry watchers say that it could be the start of more multibillion megadeals to come.
- 10/26/2023
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Exxon, TotalEnergies place bids on shallow-water Guyana oil and gas blocks
- Oil production consortia led by TotalEnergies and Exxon Mobil bid on separate shallow-water oil and gas blocks in Guyana's first competitive auction, a government official said in a briefing on Thursday.
- 10/26/2023
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What's in Store for Energy ETFs in Q3 Earnings?
- Most of the oil biggies are expected to surprise on earnings. However, the sector's earnings are expected to decline 35.5% from the year-ago level.
- 10/26/2023
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Chevron's mega oil deal more expensive than Exxon's
- Exxon Mobil's $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron's $53 billion agreement to buy Hess , but it is Chevron that is paying a loftier price tag.
- 10/26/2023
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U.S. Oil & Gas Is A Good Bet - Jennifer Warren
- U.S. oil and gas production is seen as a safe bet and a positive amid geopolitical conflicts and market volatility. Energy production globally is a source of economic development.
- 10/26/2023
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3 Top-Notch Dividend Stocks That Just Raised Their Payouts to Record Highs
- Between a proposed acquisition and the stock's inexpensive valuation, ExxonMobil looks enticing right now. Investors are getting a rare opportunity to scoop up Target shares from the bargain bin.
- 10/26/2023
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Here to Stay: 7 Dividend Stocks That Aren't Going Anywhere
- With uncertainty still present in the clouds, investors may find solace in dependable dividend stocks. Unlike your pure growth-oriented enterprises, companies that provide passive income tend to be less volatile when the stuff goes down.
- 10/26/2023
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U.S. is set to play tug of war with OPEC+ for oil market share as Middle East hostilities warrant output boost
- Oil production cuts this year by the Organization of the Petroleum Exporting Countries and their allies have given the U.S. the price incentive it needed to lift domestic output to its highest level on record, and maybe even helped fuel the recent mergers among the big oil companies.
- 10/25/2023
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Why Exxon and Chevron are doubling down on fossil fuel energy with big acquisitions
- Exxon and Chevron's recent acquisitions show that despite global decarbonization pushes, the energy transition is likely to be long and slow.
- 10/25/2023
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Are These 3 Dividend Aristocrats Undervalued Hidden Gems?
- If you look at MarketBeat's list of dividend aristocrats, you'll see a select group of publicly traded companies that have an outstanding track record of consistently increasing their dividend payouts for at least 25 consecutive years.
- 10/25/2023
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7 Top Dividend Stock Powerhouses That Can Make You Richer in 2023
- In just three short years, investors learned the extremes of volatility. The stock market swung wildly between the crushing pandemic collapse, followed by a raging bull market infused by stimulus check spending.
- 10/25/2023
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ExxonMobil Plus Pioneer Are Shaping The Energy Transition
- A vision for emissions, CCS, and hydrogen are making the company an indispensable influence-shaper for the oilfield as well as climate projects.
- 10/24/2023
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Analysis: Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters
- Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock as the only form of payment, an arrangement that allows the two largest U.S. energy companies to clinch transformative deals despite volatile oil and gas prices.
- 10/24/2023
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Will ExxonMobil's (XOM) Upstream Business Aid Q3 Earnings?
- Since ExxonMobil (XOM) has significant exposure to the upstream business, the favorable oil price is likely to have aided Q3 earnings.
- 10/24/2023
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Another Mega-Merger, But ExxonMobil Plus Pioneer Will Be The Influence-Shaper For Oil As Well As Climate
- The Permian basin may become a blueprint for a high-performance supply chain from upstream drilling to LNG and petrochemical products.
- 10/23/2023
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Exxon Mobil (XOM) Suffers a Larger Drop Than the General Market: Key Insights
- Exxon Mobil (XOM) closed at $109.45 in the latest trading session, marking a -1.47% move from the prior day.
- 10/23/2023
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Chevron-Hess or Exxon-Pioneer: Who got the better deal?
- Neal Dingmann, managing director of energy research at Truist, joins 'Power Lunch' to discuss oil consolidation, geo-political risk surrounding oil prices, and more.
- 10/23/2023
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Analysis: Mega transatlantic oil mergers less likely after Exxon, Chevron deals
- The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said.
- 10/23/2023
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Exxon Mobil projects to post declining 3Q revenue, earnings on Friday
- Exxon Mobil Corporation (NYSE:XOM) is slated to report earnings before the market opens on Friday, when investors will be bracing for a sizeable decline on the top and bottom lines. The Street consensus for the energy company is earnings of $2.37 per share on revenue of $88.81 billion, compared to $4.68 per share on revenue of $106.51 billion a year earlier.
- 10/23/2023
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Busy Week for Q3, Economic Reports Starts Slowly
- Off mid-October highs, all major indices are down roughly -0.4%: the Dow -160 points, the S&P 500 -17 and the Nasdaq -57.
- 10/23/2023
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Inversion of Yield Curve Tight at 14 bps
- Inversion of Yield Curve Tight at 14 bps.
- 10/23/2023
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Promising Picks: 7 Stocks to Buy Ahead of Their Q3 Earnings
- With an uncertain market cycle likely to narrow the list of winners in the third quarter, investors who don't mind speculating may want to consider these stocks to buy ahead of Q3 earnings. To be sure, the entire concept is wildly risky.
- 10/23/2023
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Chevron and Exxon May Have Kicked Off an Oil Land Grab
- Few sizable targets remain in the most coveted U.S. shale basin after the oil supermajors' mega acquisitions, setting off a scramble for what is left.
- 10/23/2023
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What's in the Offing for ExxonMobil (XOM) in Q3 Earnings?
- Lower earnings after income tax from the upstream segment are likely to have hurt ExxonMobil's (XOM) Q3 earnings.
- 10/23/2023
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7 Energy Stocks That Have Much More Room to Run
- While energy stocks as a broader market segment have been rather inconsistent this year, over the long run, demand should turn decisively in the positive direction. It really comes down to simple math.
- 10/22/2023
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Devon Energy Is Looking to Follow in the Footsteps of ExxonMobil
- Devon Energy is considering following Exxon and making a major deal. It's reportedly looking at Marathon Oil and privately held CrownRock.
- 10/21/2023
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Exxon Mobil: Superior Asset Base And Execution To Generate Returns Throughout The Cycle
- Through structural and strategic cost-reductions, Exxon Mobil has been able to greatly expand margins and returns on capital versus peers and its own prior decade benchmark. Targeted growth strategy focusing on high-return and low-cost assets in the Permian and Guyana, estimated to bring down breakeven to $30/bbl by FY27 and generate $60bn of CFO at $60/bbl. Largest and most profitable downstream segment provides the company with unique capabilities to maneuver difficult price environments.
- 10/21/2023
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Well-Covered 7-10% Yields To Hide From Rising Rates, Unrest, And Recession
- Rising long-term interest rates, unrest in the Middle East, and fears of an economic downturn are leading concerns for investors right now. We share what sector we believe is the best possible investment in the current environment.
- 10/20/2023
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ExxonMobil (XOM) Eyes Q1 2024 FID for Whiptail Project, Guyana
- ExxonMobil's (XOM) $12.9-billion Whiptail project in Guyana is on track, awaiting a final investment decision in Q1 2024.
- 10/20/2023
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The Biden Administration Is Spending $7 Billion on This Renewable Fuel, and These Stocks Stand to Benefit
- The Biden administration just announced the winners of seven regional hydrogen hubs stemming from the Bipartisan Infrastructure Law passed in 2021. Hydrogen is known as the "Swiss army knife" of renewable fuels.
- 10/20/2023
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Exxon in talks to join UN-led methane reporting pact -sources
- Exxon Mobil is considering joining a U.N.-led initiative that would require disclosing more details of its global methane output, two people familiar with the matter told Reuters, a decision one said was inspired by its deal for U.S. shale giant Pioneer Natural Resources.
- 10/19/2023
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7 Stocks to Buy Before They Become the Next Trillion-Dollar Companies: October Edition
- The trillion-dollar valuation club is not an easy one to reach. In fact, a grand total of just nine companies have reached this figure to-date.
- 10/19/2023
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/19/2023
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7 Dividend Aristocrats That Are Built to Last
- The most of the dividend aristocrats, or stocks that have increased their dividends annually for at least 25 consecutive years, are some of the highest-quality dividend stocks out there. However, the key word here is “most.
- 10/19/2023
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3 Dividend Aristocrats Guaranteed to Boost Your Portfolio's Power
- In a dynamic investment landscape where financial stability and consistent returns are prized, the allure of dividend aristocrats is undeniable. These companies have mastered the art of maintaining dividends and increasing them year after year.
- 10/19/2023
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History Tells Us That Stocks Shrug Off Middle East Conflict
- The war between Israel and Hamas is taking a terrible toll on the people of the Middle East. And while it's understandable for investors to be nervous about this geopolitical conflict, fears that this will spill over to the global economy and stock markets may be unfounded.
- 10/18/2023
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U.S. oil production hits record as Israel-Hamas conflict stokes global supply fears
- As the global oil market focuses its attention on the oil-supply risks tied to the war between Israel and Hamas, U.S. production has climbed to its highest level on record and it's expected to continue its rise next year.
- 10/18/2023
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Chevron Buys Low, Exxon Buys High
- Exxon's recent takeover of Pioneer has generated excitement for additional domestic O&G consolidation. However, I would argue that Exxon was late to the party. Chevron has arguably been much more successful at M&A, buying both Noble Energy and PDC Energy at much more attractive valuation levels. For shareholders, this certainly matters. Today, I'll take a quick look at Chevron's PDC Energy acquisition and give a preview of Chevron's Q3 earnings, which are due out on Oct. 27.
- 10/18/2023
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3 Dividend Stocks That Should Be Part of Your Retirement Plan
- UnitedHealth, Verizon, and ExxonMobil have all proven to be strong dividend stocks. These companies have also been increasing their dividend payments for years.
- 10/18/2023
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ExxonMobil Stock Forecast 2025: Here's My Take on XOM
- When forecasting a stock as correlated to oil prices as ExxonMobil (NYSE: XOM ), it's critical to consider where crude oil prices could be headed over the next few years. In my view, this presents a challenge for providing a precise price target for XOM stock by 2025.
- 10/17/2023
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The 7 Best Energy Stocks to Buy Now: October 2023
- If you haven't been buying the best energy stocks, there's still time. It's a simple math problem.
- 10/17/2023
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The 7 Best Oil Stocks To Buy Now: October 2023
- With the market continuing to print rather unimpressive performances, investors may want to consider the best oil stocks to buy. Simply put, cynicism may be the name of the game.
- 10/16/2023
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Exxon Mobil (XOM) Advances But Underperforms Market: Key Facts
- In the most recent trading session, Exxon Mobil (XOM) closed at $109.95, indicating a +0.07% shift from the previous trading day.
- 10/16/2023
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Energy Stock Breaks Out After Acquiring Exxon Subsidiary
- CHRD stock has broken out of a flat base with a buy point of 167.81. The oil explorer acquired Exxon's XTO assets during the quarter.
- 10/16/2023
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ExxonMobil to Release Third Quarter 2023 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--ExxonMobil Corporation (NYSE: XOM) will release its third quarter 2023 financial results on Friday, October 27, 2023. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at www.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live conference call a.
- 10/16/2023
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These 7 Stocks Could Be Your Ticket to Retiring Early
- Every investor should look for stocks for early retirement. Investing in the stock market is a great way to build wealth for the long term and lead to a large sum of capital in retirement.
- 10/16/2023
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7 Defensive Stocks to Prep Your Portfolio for Volatile Times
- Finding stocks for a volatile market doesn't have to mean sacrificing growth for value. What it does mean is finding quality stocks in defensive sectors of the market.
- 10/16/2023
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$7 Billion in Clean Hydrogen Grants: Winners and Losers
- The US Department of Energy finally decided who would get a piece of the $7 billion Federal funding for green hydrogen, and the news may surprise you. The funding is intended to build green hydrogen infrastructure, but the terminology would be more suitable if it read “greener” hydrogen.
- 10/16/2023
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Forget Bonds, Buy These 7 Dividend Rock Stars Instead
- Dividend assets and fixed-income investing generally provide similar functions to a diversified investment portfolio. Although one might argue that fixed-income has the added benefit of diversification, it doesn't help diversifying for the sake of it.
- 10/16/2023
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US oil is back, and ExxonMobil's $60 billion deal isn't even the biggest signal
- ExxonMobil's $60 billion acquisition was actually the second-most important number in the oil market: the US just hit record production of 13.2 million barrels.
- 10/15/2023
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You Can't Control Company Mergers, but You Can Control What You Do About Them
- ExxonMobil is an internationally diversified energy giant. The integrated energy company increasingly focuses on U.S. energy production.
- 10/15/2023
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Exxon Buys Pioneer. Here's What Deal Could Come Next in the Energy Patch.
- Enterprise Products Partners has the scale and history to be an important consolidator in the midstream sector. Chevron is already on the prowl for its next deal.
- 10/15/2023
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Exxon Mobil: Is It A Good Dividend Stock?
- Exxon Mobil has been a reliable dividend player but that doesn't mean ex-ante the dividend was never at risk. The company's scale and integrated model offer significant diversification compared to upstream players but XOM is still a cyclical business. When purchasing XOM stock for income, the entry point will matter a lot more for the long-term total returns compared to a defensive stock.
- 10/15/2023
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Should You Invest in ExxonMobil Stock Right Now?
- Exxon Mobil stock offers an enticing value-and-yield combo. Interestingly, Exxon Mobil stock dove despite a rising oil price and a history-making merger.
- 10/14/2023
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ExxonMobil: Buy, Sell, or Hold?
- Exxon is an integrated energy giant with a global portfolio of assets. With the company's Pioneer merger it is increasing its exposure to U.S. onshore oil and natural gas production.
- 10/13/2023
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A Bull Market Is Coming: 3 Top Stocks to Buy Now
- Higher oil prices are boosting ExxonMobil's profits. Lockheed Martin provides vital defensive systems.
- 10/13/2023
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3 Energy Stocks for a Profitable Q4 Portfolio
- Consumers rely on energy companies for utilities, transportation, and other essentials. Many companies in this industry don't have the highest valuations and tend to be safer investments.
- 10/12/2023
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7 High-Growth S&P 500 Stocks to Buy Now
- While publicly traded securities that benefit from significant upside potential usually carry a higher-risk profile, with high-growth S&P 500 stocks, you can almost get the best of both worlds. To be fair, we need to set some expectations.
- 10/12/2023
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Cramer's Mad Dash: Exxon Mobil
- CNBC's Jim Cramer delivers his daily Mad Dash.
- 10/12/2023
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Jim Cramer expects Exxon to benefit from megadeal for Pioneer Natural Resources
- Truist Securities made a "thoughtful" argument in support of Exxon Mobil's decision to acquire Pioneer Natural Resources, CNBC's Jim Cramer said.
- 10/12/2023
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What ExxonMobil's Merger With Pioneer Means For U.S. Shale
- Whenever a merger/acquisition like the deal this week between ExxonMobil and Permian pure-play independent Pioneer Natural Resources is announced, the analyst communit
- 10/12/2023
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ExxonMobil (XOM) Signs Deal to Acquire Shale Driller Pioneer
- The acquisition will position ExxonMobil (XOM) as the leading producer in the largest U.S. oilfield, ensuring a decade of cost-effective production.
- 10/12/2023
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The Zacks Analyst Blog ExxonMobil, Pioneer Natural Resources, Diamondback Energy, Permian Resources and Coterra Energy
- ExxonMobil, Pioneer Natural Resources, Diamondback Energy, Permian Resources and Coterra Energy are part of the Zacks top Analyst Blog.
- 10/12/2023
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Blockbuster Energy Deal: Exxon Mobil and Pioneer to Merge
- Exxon Mobil, the largest company within the Energy Select Sector SPDR Fund NYSEARCA: XLE, has a market capitalization of $426.30 billion. It's long been considered a blue-chip stock, as it's a well-established, financially sound company.
- 10/12/2023
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ExxonMobil Seals Its Megadeal for Pioneer Natural Resources. Time to Buy the Oil Giant?
- Exxon is buying Pioneer in a $60 billion all-stock deal. It's taking advantage of its high share price to bulk up in the Permian.
- 10/12/2023
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How stars aligned for Exxon's $60 billion deal with Pioneer
- Exxon Mobil Corp's resurgence under CEO Darren Woods and the upcoming retirement of Pioneer Natural Resources CEO Scott Sheffield were key to the oil major clinching the $60 billion acquisition, people familiar with the matter said.
- 10/12/2023
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ExxonMobil: No-Brainer Buy After Its $60 Billion Acquisition?
- On paper it looks good, but so did the last big deal. And that went very poorly.
- 10/12/2023
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Exxon-Pioneer deal is 'one for the record books,' says wealth management firm
- Pavel Molchanov, managing director at wealth management firm Raymond James, says the $60 billion Exxon-Pioneer deal is the largest oil and gas merger since a decade ago.
- 10/12/2023
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Exxon's Blockbuster $60 Billion Deal for Pioneer Explained
- Bloomberg TV's Alix Steel and Fernando Valle of Bloomberg Intelligence detail Exxon Mobil's biggest deal since 1999 and explain the mega-merger's impact on the global energy market, specifically when it comes to shale production. Get in-depth stories from business to finance on the Bloomberg Businessweek podcast: Apple: bit.ly/3IPl60i Spotify: bit.ly/3WGFd6B Anywhere: bit.ly/42xo9kZ
- 10/11/2023
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Pioneer's mega-sale to Exxon will trigger $71 mln in exec windfalls
- Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will walk away with bumper payouts which were sweetened further earlier this year.
- 10/11/2023
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Exxon Mobile buying Pioneer Natural Resources in all-stock deal
- Yahoo Finance anchors Julie Hyman and Josh Lipton spoke with Wells Fargo Senior Analyst Roger Read about the Exxon Mobile buying Pioneer Natural Resources for nearly $60 billion in all-stock merger.
- 10/11/2023
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ExxonMobil to Buy Permian Producer Pioneer for $60 Billion
- ExxonMobil Corporation (XOM) and Pioneer Natural Resources (PXD) have struck a deal that would make the combined company the biggest producer in the Permian Basin. The firms jointly announced on Wednesday ExxonMobil will acquire Pioneer, a major producer in the Permian, in an all-stock transaction valued at $59.
- 10/11/2023
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Buy Low, Sell High: 7 Blue-Chip Stocks to Snatch Up
- With the stock market slump since the start of August, investors have new opportunities to buy several leading blue-chip stocks at bargain prices. Many well-known companies and household names had share prices fall 10% or more since mid-summer, when all three major U.S. indices declined on renewed worries of sticky inflation, elevated interest rates, and geopolitical instability.
- 10/11/2023
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Middle East Conflict Fallout: 3 Market Surprises
- In the wake of escalating Middle East violence, several surprising developments have emerged in the stock market. Oil is weak, Israeli stocks are flat, and equities are strong.
- 10/11/2023
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Three-Stock Lunch: Birkenstock & Exxon Mobil
- Michael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss two stocks: Birkenstock & Exxon Mobil.
- 10/11/2023
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Exxon deal puts spotlight on M&A targets but heightened scrutiny a dampener
- Exxon Mobil's mega $60 billion deal for shale rival Pioneer Natural Resources could be a catalyst that will drive further consolidation in the U.S. oil and gas industry, analysts said, as they zeroed in on a handful of likely targets.
- 10/11/2023
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Exxon to acquire shale rival Pioneer in nearly $60B deal
- The deal combines the largest U.S. oil company with one of the most successful names to emerge from the shale revolution.
- 10/11/2023
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Pioneer's CEO cheers Exxon's ‘great dividend.' Here's how much he could make.
- That's Pioneer Natural Resources Co. co-Founder and Chief Executive Scott Sheffield, responding to a question from CNBC about whether he would keep the Exxon Mobil Corp. shares he receives as part of the merger agreement announced Wednesday or sell them.
- 10/11/2023
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Exxon Makes Its Move, but This Energy Stock Is Climbing Even Higher
- Stock markets moved higher early Wednesday. ExxonMobil and Pioneer Natural Resources reached terms to a merger agreement.
- 10/11/2023
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Exxon, Pioneer deal is ‘home run' for Exxon
- Exxon Mobil Corp.'s all-stock bid for Pioneer Natural Resources Co. makes the integrated oil giant's North America holdings even more attractive for a relatively modest price, several Wall Street analysts said Tuesday after the deal was announced.
- 10/11/2023
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ExxonMobil Buys Pioneer Natural Resources for Nearly $60 Billion
- ExxonMobil (XOM) agreed to buy shale driller Pioneer Natural Resources (PXD) in an all-stock deal for $59.5 billion or $253 per share, the companies jointly announced on Wednesday.
- 10/11/2023
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Why Exxon and Pioneer Agreed to $59.5 Billion Deal
- Exxon Mobile Corp. CEO Darren Woods and Pioneer Natural Resources CEO Scott Sheffield explain why the two companies agreed to combine in a deal valued at $59.5 billion. Speaking with Alix Steel on "Bloomberg Markets," Woods and Sheffield also discuss the outlook for the shale industry and the potential impact of the Israel-Hamas war on oil prices.
- 10/11/2023
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Exxon Mobil Stock Moving Lower Amid Massive Merger
- Exxon Mobil Corp (NYSE:XOM) is fossil-fuel focused, after the new merger with Pioneer Natural Resources was announced today.
- 10/11/2023
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Exxon Mobil buying Pioneer Natural Resources for nearly $60 billion
- In a widely-expected announcement, oil giant Exxon Mobil (XOM) announced it was buying Pioneer Natural Resources (PXD) for $253 per share, or about $59.5 billion. It's Exxon's largest deal since the late 1990s when it merged with Mobil.
- 10/11/2023
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Exxon CEO does not ‘anticipate regulatory issues' in buying Pioneer
- Pioneer Natural Resources Inc (NYSE: PXD) is in focus this morning after Exxon Mobil Corp (NYSE: XOM) confirmed plans of buying the hydrocarbon exploration giant for $59.5 billion in stock. Exxon CEO Darren Woods discussed the deal with CNBC Invezz first reported last week on the pending merger which, including debt, is valued at $64.
- 10/11/2023
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Here's Why ExxonMobil (XOM) is an Attractive Investment Bet
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 10/11/2023
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Will ExxonMobil's $60B Pioneer Megadeal Spur Permian M&A?
- FANG, CTRA and PR could see heightened interest following ExxonMobil-Pioneer deal as assets in the Permian Basin remain attractive investment opportunities.
- 10/11/2023
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Petrie joins Wall Street powerhouses on Exxon-Pioneer megadeal
- Petrie Partners, a boutique advisory firm known to few outside the energy industry, advised on Pioneer Natural Resources Co's $60 billion sale to Exxon Mobil , this year's biggest deal, alongside major investment banks.
- 10/11/2023
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Exxon Mobil Buying Pioneer Natural Resources For Nearly $60 Billion—In Biggest Deal In Decades
- Exxon Mobil is looking to expand its gas production in Texas with a massive $60 billion merger.
- 10/11/2023
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Exxon's $59.5 billion deal for Pioneer Natural Resources tops 2023 deals in moribund M&A market
- Exxon Mobil Corp.'s plan to buy Pioneer Natural Resources Co. for $64.5 billion including debt ranks as the largest merger announced thus far in 2023, which has been a lackluster year for deal making.
- 10/11/2023
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ExxonMobil merges with Pioneer Natural Resources in $59.5 billion deal
- Shareholders of Pioneer Natural Resources will receive 2.3234 shares of ExxonMobil for each Pioneer share they own at closing, Exxon said in a statement.
- 10/11/2023
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ExxonMobil stock reacts after the oil giant agrees to merge with Pioneer Natural Resources
- The oil and gas giant says it will “more than double” its Permian production volume to “1.3 million barrels of oil equivalent per day” after the acquisition. The U.S. oil and gas giant ExxonMobil has announced that it intends to acquire the Texas-based petroleum and natural gas company Pioneer Natural Resources in a deal valued at $59.5 billion.
- 10/11/2023
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Exxon to Buy Pioneer in $60 Billion Shale Oil Deal
- Exxon Mobil Corp. agreed to buy Pioneer Natural Resources Co. for $59.5 billion in an all-stock deal, the supermajor's biggest acquisition since merging with Mobil Corp. in 1999. Alix Steel reports on Bloomberg Television.
- 10/11/2023
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ExxonMobil Becomes The Biggest Big Dog In The Permian Basin
- The process of consolidation in the U.S. shale business took a giant leap Wednesday with the merger announcement by ExxonMobil and Pioneer Natural Resources.
- 10/11/2023
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ExxonMobil agrees to buy shale rival Pioneer in $60 billion deal
- ExxonMobil has agreed to buy Pioneer Natural Resources, a major shale oil producer in the deal that will more than double Exxon's footprint in the Permian Basin in the Southwest United States.
- 10/11/2023
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The 3 Hottest Energy Stocks to Invest in Right Now
- With a new war raging, some of the hottest energy stocks are in oil. For one, if the latest war begins to spread beyond Israel and the Palestinians, oil prices could push even higher.
- 10/11/2023
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ExxonMobil seals $59.5 billion swoop for Pioneer Natural Resources
- ExxonMobil Corp has confirmed the acquisition of Pioneer Natural Resources (NYSE:PXD) in a $59.5 billion deal that it said would transform its upstream business. The all-stock transaction values each Pioneer share at $253 and more than doubles Exxon's Permian footprint, the vast field in western Texas and New Mexico that has helped turn the US into the world's largest oil and gas producer.
- 10/11/2023
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Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger
- CNBC's Becky Quick reports on the latest news.
- 10/11/2023
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Dow called higher as Exxon seals $60 billion Pioneer deal
- 7:00am: Exxon seals $59.5 billion Pioneer deal US stock futures pushed higher on Wednesday ahead of wholesale price inflation figures and as the market digests confirmation of Exxon's swoop for Pioneer Natural Resources (NYSE:PXD). In pre-market trading, futures for the Dow Jones Industrial Average were 0.2% higher, while those for the S&P 500 rose 0.2%, and contracts for the Nasdaq 100 futures were up 0.3%.
- 10/11/2023
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Exxon Buys Shale Driller Pioneer, Solidifying Dominant U.S. Position
- Exxon will pay $59.5 billion, all in stock. It's Exxon's biggest acquisition since its merger with Mobil in 1999.
- 10/11/2023
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Exxon Acquires Pioneer Natural Resources for $60 Billion
- The acquisition of Pioneer Natural Resources, Exxon's largest since its merger with Mobil in 1999, increases the company's presence in the Permian basin in Texas and New Mexico.
- 10/11/2023
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Exxon Mobil to buy Pioneer Natural Resources in $59.5 billion all-stock deal
- Exxon Mobil Corp. confirmed Wednesday an agreement to buy Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, or $64.5 billion including debt.
- 10/11/2023
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Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger
- Exxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal.
- 10/11/2023
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Exxon Mobil Could Announce Huge Permian Shale Deal As Soon As Wednesday
- Exxon Mobil reportedly is on the cusp of paying more than $58 billion or $250 a share for Pioneer Natural Resources, a Permian Shale giant.
- 10/10/2023
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Will ExxonMobil Set Off a Merger Wave in the Oil Patch?
- Exxon has reportedly circled back on its interest in Pioneer Natural Resources. A deal could spur more moves in the oil patch.
- 10/10/2023
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Bill Smead Says Restricting Oil Supply Will Only Drive Prices Up
- In an interview on Friday, Bill Smead, the chief investment officer of Smead Capital, spoke with CNBC's “The Exchange” about Exxon Mobil Corp.'s (XOM, Financial) potential $60 billion takeover of Pioneer Natural Resources Co. (PXD, Financial), which is its largest deal since 1999.
- 10/09/2023
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War & Wall St.: 3 Things you Need to Know
- The recent large-scale attack by a Palestinian militant group on Israel is causing market volatility. Amidst the emotional impact of such events, investors are reminded to separate their emotions from investment decisions.
- 10/09/2023
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XOM vs. FUPBY: Which Stock Is the Better Value Option?
- Investors interested in Oil and Gas - Integrated - International stocks are likely familiar with Exxon Mobil (XOM) and Fuchs Petrolub SE Unsponsored ADR (FUPBY). But which of these two stocks is more attractive to value investors?
- 10/09/2023
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 10/09/2023
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Congress buys up war stocks ahead of attack on Israel
- As tensions escalate between Israel and the Hamas group, it has been revealed US congressional leaders have been making some strategic investment moves into military-related stocks.
- 10/09/2023
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Why Are Oil Stocks Up Today?
- Crude oil and oil stocks rose early Monday following Hamas' attack on Israel and the growing threat of a wider war. WTI crude oil, the U.S. standard grade, was up 3.82% and Brent, the global standard, was up by nearly as much.
- 10/09/2023
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Q4 Stock Predictions: 3 Stocks Ready to Roar Into 2024
- After a miserable 2022, the stock market recovered in 2023 and surprised many investors. Artificial intelligence stocks grabbed the spotlight as investors dreamed of the possibilities.
- 10/09/2023
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ExxonMobil reportedly has sights set on $50bn Pioneer Resources
- ExxonMobil Corporation is in discussions to acquire Pioneer Natural Resources (NYSE:PXD), marking what could be the oil giant's largest acquisition since its formation in 1999, according to multiple reports over the weekend. With a market capitalisation of $50 billion, Pioneer is Texas' largest oil producer.
- 10/09/2023
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These Oil Stocks Reign Supreme Over Their Rivals
- Exxon and TotalEneriges stand out for their peer-leading ROICs. They're earning higher investment returns than rivals.
- 10/08/2023
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Top Wall Street analysts expect these dividend stocks to boost portfolio returns
- TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Exxon and Darden.
- 10/08/2023
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Acquisition Watch: Time to Buy Exxon Mobil (XOM) or Pioneer Natural Resources (PXD) Stock
- The announcement that Exxon Mobil (XOM) plans to potentially acquire Pioneer Natural Resources (PXD) was a highlight of this week's trading session.
- 10/07/2023
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The Oil Patch Is Primed for an Era of Megadeals
- A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.
- 10/06/2023
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The reported Exxon-Pioneer deal 'could certainly happen', says Osmar Abib
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 10/06/2023
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Analysis: Exxon Mobil's megadeal to test climate-aware shareholders
- Exxon Mobil's $60 billion bid for Pioneer Natural Resources would expand the top U.S. oil producer's footprint in the country's biggest oilfield, raising questions for shareholders over its transition to low-carbon energy.
- 10/06/2023
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Pioneer Natural Resources Shares Jump Following Reports of Exxon Mobil Takeover Talks
- Shares of Pioneer Natural Resources (PXD) jumped 10.5% on Friday, making it the best-performing stock in the S&P 500, following reports Exxon Mobil (XOM) is in advanced talks to purchase the shale driller for $60 billion.
- 10/06/2023
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Exxon investors ready to embrace buying existing oil over new drilling
- Exxon Mobil's investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off.
- 10/06/2023
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5 Lost Formula Energy Stocks to Consider for the 4th Quarter
- While the energy sector is up again this year after a blowout 2022, oil prices fell further on Friday on the back of macroeconomic-related demand fears as well as the Russian government lifting part of its diesel export ban.
- 10/06/2023
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Three-Stock Lunch: Disney, Tesla and Exxon
- Eva Ados, ERShares CIO, joins 'Power Lunch' to discuss three stocks: Disney, Tesla and Exxon.
- 10/06/2023
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Restricting oil supply is only going to drive prices higher, says Smead Capital's Bill Smead
- Bill Smead, chief investment officer at Smead Capital Management, joins 'The Exchange' to discuss Exxon's potential bid to buy Pioneer Natural Resources, environmentalist resistance to Exxon's expansion, and government effort to reduce oil growth.
- 10/06/2023
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Pioneer Natural Resources: Exit The Stock If Exxon Mobil Announces A Deal
- Exxon Mobil is reportedly close to acquiring Pioneer Natural Resources in a mega deal, the largest for Exxon since acquiring Mobil in 1999. If true, investors should prefer a cash deal over Exxon Mobil stock due to limited growth potential and higher returns expected from Pioneer shareholders. Pioneer investors should use any spike in the stock price on a deal announcement to unload shares, as the stock is unlikely to reach higher prices.
- 10/06/2023
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Exxon-Pioneer merger: Here's why FTC's Khan may shy from a fight with the ‘800 pound gorilla.'
- Exxon Mobil Corp. XOM, -1.15% is reportedly nearing a deal to buy energy-exploration company Pioneer Natural Resources Co. PXD, +10.88% for $60 billion, a combination that could shake up Texas' storied and oil-rich Permian Basin.
- 10/06/2023
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3 Energy Stocks Ready to Electrify Your Gains in 2024
- While still above the low for the year, crude oil prices continue to swing wildly. A little more than a week ago, crude prices were nearly $95 a barrel.
- 10/06/2023
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These oil stocks are looking cheap as Exxon Mobil reportedly mulls a bid for Pioneer
- Pioneer Natural Resources is in play, with the Wall Street Journal reporting that Exxon Mobil is close to making a bid to buy out its smaller competitor. So that raises the question: which other oil companies might be undervalued in this market?
- 10/06/2023
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Exxon, shale producer Pioneer in talks for blockbuster $60B deal: sources
- The acquisition would be Exxon's biggest since its $81B deal for Mobil in 1998 and would expand its footprint in one of the most lucrative regions of the US oil patch.
- 10/06/2023
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ExxonMobil (XOM) Considers Pioneer Shale Driller Acquisition
- The acquisition will offer ExxonMobil (XOM) a leading position in the Permian Basin, an area crucial to its growth plans.
- 10/06/2023
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Exxon Mobil nearing deal to buy Pioneer Natural Sources
- CNBC's David Faber reports on news from Exxon.
- 10/06/2023
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Exxon mulls Pioneer deal, shares jump
- Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, the Wall Street Journal reported.
- 10/06/2023
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Pioneer Natural stock jumps on Exxon deal reports
- Shares of Pioneer Natural Resources (PXD) are jumping on a Wall Street Journal report that Exxon Mobil (XOM) is looking to buy the shale driller in a deal valued around $60 billion. The report states that the deal could be announced in the coming days, though cautions it could still not happen.
- 10/06/2023
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Stocks on the Move: Tesla, Clorox, Exxon
- Shares of Tesla, Clorox, Levi Strauss and Exxon are moving this morning. Bloomberg News reporter Norah Mulinda has the round up on Bloomberg Radio.
- 10/06/2023
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Pioneer Natural Resources (PXD) Stock Rises as Exxon Mobil Nears Takeover Deal
- Pioneer Natural Resources (NYSE: PXD ) stock is on the rise Friday as reports spread that Exxon Mobil (NYSE: XOM ) is closing in on an acquisition deal. According to insiders close to the matter, Exxon Mobile wants to acquire Pioneer Natural Resources to beef its up shale oil production.
- 10/06/2023
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Pioneer shares jump on merger talks with Exxon
- Shares of Pioneer Natural Resources rose 10% in premarket trading on Friday following reports that top U.S. oil and gas producer Exxon Mobil was in advanced talks to buy the shale producer in a deal valued at about $60 billion.
- 10/06/2023
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Pioneer Natural Resources shares jump on Exxon takeover offer
- Pioneer Natural Resources (NYSE:PXD) was up 10% in Friday's early deals amid reports of an incoming takeover by Exxon. Exxon is looking at a $60 billion deal to buy Pioneer, the third-largest US shale producer, according to a Reuters report.
- 10/06/2023
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Stocks of Permian peers of Pioneer Natural Resources rally in wake of WSJ report that buyout by Exxon Mobil is close
- Shares of Permian peers of Pioneer Natural Resources Co. PXD, -0.17% were getting a boost in premarket trading Friday, in the wake of The Wall Street Journal's report that Exxon Mobil Corp. XOM, -2.25% was near a deal to buy shale-drilling company for a premium of about 20%. Occidental Petroleum Corp.'s stock OXY, -1.03% rose 0.8% ahead of the open, Devon Energy Corp. shares DVN, -1.15% gained 0.9% and Diamondback Energy Inc.'s stock FANG, -0.27% climbed 1.4%.
- 10/06/2023
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Spiking long yields are a danger for markets: here's what may happen next and 5 things investors should do
- There's been a lot of angst about 1987 of late. In October that year, the market suffered a sharp decline that climaxed with ‘Black Monday' on the 19th, when the Dow Jones Industrial Average plunged 22.6%.
- 10/06/2023
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Shale driller's shares soar on reports of possible Exxon takeover and other stocks on the move
- Shares in Pioneer Natural Resources PXD, -0.17% soared by 10% following a report in the Wall Street Journal that Exxon Mobil is closing in on a deal to buy the Texan shale driller for about $60 billion. Exxon Mobil XOM, -2.25% shares fell almost 2%.
- 10/06/2023
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Exxon Doesn't Need Luck for Pioneer Deal to Be a Winner
- It has been a hellish week for energy investors. Exxon Mobil just gave them a reason to smile.
- 10/06/2023
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Exxon Set to Buy Shale Driller Pioneer in $60 Billion Deal
- The acquisition would be its biggest since Mobil and would eclipse the 2019 merger between Occidental and Anadarko.
- 10/06/2023
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Exxon Mobil reportedly closing in on largest takeover in decades
- Exxon Mobil Corporation (NYSE:XOM) is reported to be close to snapping up the third-largest US shale producer, Pioneer Natural Resources (NYSE:PXD) for US$60 billion. Talks were reported to be at an advanced stage, sources close to the matter told Reuters, confirming initial reports from the Wall Street Journal.
- 10/06/2023
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Exxon Said to Be Near Deal for Pioneer
- Exxon Mobile Corp is said to be in talks to acquire shale-focused Pioneer Natural Resources Co., according to a person familiar with the matter. Harry Brumpton reports on Bloomberg Television.
- 10/06/2023
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Exxon Mobil in advanced talks for $60 bln acquisition of Pioneer-sources
- Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer in the region of $60 billion, people familiar with the matter said on Thursday.
- 10/05/2023
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Exxon Mobil Near $60 Billion Deal For Shale Giant Pioneer Natural Resources: WSJ
- Exxon Mobil is near a deal to buy shale giant Pioneer Natural Resources for $60 billion, The Wall Street Journal reported Thursday night.
- 10/05/2023
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Exxon Mobil Closing in On Megadeal With Shale Driller Pioneer
- A deal could be sealed in the coming days, assuming the talks don't hit a last-minute snag, people familiar with the matter said.
- 10/05/2023
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ExxonMobil Says Q3 Earnings Were Boosted By Higher Prices, Better Margins
- Rising crude oil prices added as much as $1.3 billion to ExxonMobil's (XOM) third-quarter earnings compared to the previous quarter, while improved industry margins boosted earnings from refining by up to $1.1 billion, according to estimates released late Wednesday by the company.
- 10/05/2023
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3 Retirement Stocks Ready to Rise in 2024
- The stock market always presents opportunities for investors to make money. Even in bearish markets, some stocks manage to reward investors.
- 10/05/2023
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3 Oil Stocks Making Moves as Crude Prices Fall
- Shares of oil stocks were under pressure before the start of the session, as crude prices fell amid demand outlook worries following reports of a large increase in U.S. gasoline inventories.
- 10/05/2023
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Stocks Trending October 5, 2023: Overstock, ExxonMobil, UWM upgrade
- S&P 500 (^GSPC) stocks are falling as jobless claims remain historically low, with 207,000 individuals filing for unemployment. Overstock (OSTK) shares are trending higher following the addition of Camping World (CWH) CEO Marcus Lemonis to their board, who proceeded to buy over 33,000 Overstock shares.
- 10/05/2023
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How to (Actually) Get Rich With AI Investing
- Last quarter, I revealed MarketMasterAI , a machine-learning algorithm designed to beat the stock market. Its backtests were successful: $10,000 invested in A+ rated stocks in 2010 would have theoretically grown to over $50,000 today, a full third better than the market average.
- 10/05/2023
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XOM Offers Bullish View: 3 Energy Stocks to Beat on Q3 Earnings
- Companies from the energy space that are expected to beat Q3 earnings are PBF Energy Inc. (PBF), ConocoPhillips (COP) and EOG Resources, Inc. (EOG).
- 10/05/2023
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Keep an Eye on These 3 Energy Majors With Fortress Balance Sheet
- It would be wise for investors to keep an eye on ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP), as these stocks can lean on their strong balance sheets to counter volatility.
- 10/05/2023
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This Is Why Exxon Is So Happy About the Permian Basin
- ExxonMobil has a large position in the Permian basin. The company is known for operational excellence.
- 10/05/2023
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Vietnam sees no gas from Exxon, Gazprom projects for years -draft govt document
- Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas, according to a draft government document seen by Reuters.
- 10/05/2023
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Exxon Mobil paints rosy 3Q earnings picture based on higher oil and gas prices
- Exxon Mobil Corporation (NYSE:XOM) expects its third-quarter operating profit to be lifted by increases in oil, gas and fuel, according to a securities filing posted after the bell Wednesday. The largest oil producer in the US is projecting a range of $8.3 billion to $11.4 billion in operating profit, higher than the $7.9 billion it delivered in the second quarter but below its record-setting $19.7 billion a year earlier.
- 10/04/2023
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Exxon Mobil expects third-quarter oil earnings to grow
- Exxon Mobil said on Wednesday changes in oil prices would lift the oil major's third-quarter upstream earnings by $900 million to $1.3 billion, compared with the second quarter.
- 10/04/2023
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Time to Look at 3 Energy Companies With Strong Balance Sheets
- With attractive balance sheet characteristics, CVX, XOM and CTRA are three energy companies better equipped to weather any commodity price downturn.
- 10/04/2023
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Exxon Mobil to sell its majority stake in Italy LNG terminal to BlackRock
- Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.
- 10/04/2023
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Dividend Paying Stocks To Buy In October 2023? 2 In Focus
- Dividend paying stocks to check out in the stock market today.
- 10/03/2023
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Time to Buy These 2 Energy Stocks Poised for a Rebound
- Marathon Oil (MRO) and Viper Energy Partners (VNOM) may not be the typical names investors look to as it relates to oil and energy stocks, but their annual earnings estimates have soared.
- 10/02/2023
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Is Most-Watched Stock Exxon Mobil Corporation (XOM) Worth Betting on Now?
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 10/02/2023
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Ride the Waves of Wealth With This Oil Tanker 17% Yield
- Oil tankers as a group sailed to a strong rally during the two years between November 2020 and November 2022. Stocks in the industry corrected throughout much of this year, but are close to breaking out of a shallow decline.
- 10/02/2023
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Exxon Mobil, AI Play Lead Five Stocks Defying S&P 500 Blues
- Exxon Mobil and a chip-design software firm lead this watch list of five stocks near buy points, despite tough sledding for the S&P 500.
- 09/30/2023
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Exxon Mobil: Just An All Around Solid Company
- Exxon Mobil Corporation (XOM) is a large and valuable company in the energy sector with a market cap of $460 billion. XOM has been delivering significant earnings growth through expansion and rising commodity prices, making it a good investment opportunity. The company has been returning capital to shareholders through dividends and buybacks, leading to an appreciation in share price and making it a fitting buy.
- 09/30/2023
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Will the Energy Sector Continue to Outshine the Market?
- The market has been swept by a sea of red month-do-date (MTD), with the overall market, the SPDR S&P 500 ETF NYSE: SPY down over 3% MTD. Apart from one sector, most sectors and industries have suffered the same outcome.
- 09/30/2023
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ExxonMobil (XOM) Departs Kaieteur Oil Block Offshore Guyana
- ExxonMobil's (XOM) discovered oil volume in the Kaieteur Block is insufficient to support a viable standalone development.
- 09/29/2023
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Exxon, Hess exit Kaieteur offshore oil exploration block in Guyana
- U.S. oil producers Exxon Mobil and Hess Corp have withdrawn from exploring the offshore Kaieteur block in Guyana's ultra-deep waters, Exxon said on Thursday, after disappointing exploration results.
- 09/28/2023
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ExxonMobil (XOM) Banned From Trucking California Offshore Oil
- ExxonMobil (XOM) proposes to dispatch as many as 24,820 tanker trucks per year along coastal Highway 101 and State Route 166 for up to seven years.
- 09/28/2023
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Energy Stocks Shine as High Oil Prices Boost Dividend Yields
- Bond yields are rising, which could make fixed-income attractive, but many investors prefer to hold dividend-paying equities as they have higher growth potential.
- 09/28/2023
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Here's Why ExxonMobil Is a No-Brainer Dividend Stock
- ExxonMobil is an international integrated energy giant. The company increased its dividend annually for more than four decades.
- 09/28/2023
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US judge refuses to overturn Exxon permit denial to truck crude oil in California
- A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.
- 09/27/2023
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Exxon's stock poised for record high as oil futures try to claw back to $100 a barrel
- Shares of Exxon Mobil Corp. XOM, +2.93% rallied nearly 3% on Wednesday and were on track for a record close, according to data going back to November 1972. It would be a fourth straight sessions of gains for the stock.
- 09/27/2023
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Exxon Mobil: Big Market Changes
- Exxon Mobil's third quarter report is expected to be strong due to the increase in oil prices and margin expansion. OPEC's production cuts are causing an increase in heavy oil prices and a decrease in the discount. This threatens the profitability of the US refining industry. The completion of the Trans Mountain pipeline in Canada may permanently change the relationship between heavy oil and light oil, impacting the refining industry's profits.
- 09/27/2023
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ExxonMobil (XOM) to Receive Power From Peacock Solar Facility
- Electricity will be supplied to ExxonMobil's (XOM) Gulf Coast Growth Ventures plant.
- 09/27/2023
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Exxon Mobil: Likely Higher For Longer
- Exxon Mobil's stock has gained 10.6% since a bullish article was published in December 2022. The company reported a significant drop in earnings due to lower oil and gas prices, weaker refining margins, and increased capital spending. Despite a tight oil market until early 2024, Exxon Mobil aims to triple its earnings by FY2027 through strategic projects.
- 09/27/2023
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Here are the 18 stocks Jim Cramer is watching, including names in EVs, beauty and oil
- Here are some of the tickers on my radar for Wednesday, Sept. 27, taken directly from my reporter's notebook.
- 09/27/2023
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Ticking Time Bombs: 3 Energy Stocks to Dump Before the Damage Is Done
- The energy market in 2023 is facing a paradoxical situation. On one hand, oil and gas prices have largely rebounded from their historic lows in 2020 and 2021, thanks to geopolitics around the Russian-Ukrainian war and the supply constraints imposed by OPEC and its allies.
- 09/26/2023
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7 Rock-Solid Dividend Stocks to Ride Out the Rest of 2023
- In the unpredictable financial landscape of 2023, leaning into dividend stocks to buy may be one of the wisest decisions an investor can make. It's not about sidelining the thrilling potential of tech pioneers; instead, it's about understanding the evolving market dynamics.
- 09/26/2023
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Don't Miss the Boom: 7 Dividend Stocks Set to Explode Higher
- The economic outlook is increasingly uncertain. Between inflation, high-interest rates, and an aggressive Federal Reserve, there is plenty that could hamper the market's returns over the next year.
- 09/26/2023
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Stock Picks September 25, 2023: Strategist says Buy ExxonMobile and McDonalds
- Energy stocks are pushing market indices higher in Monday's trading session as oil prices remain elevated. Mahoney Asset Management CEO Ken Mahoney shares some of his latest stock trades and sales, endorsing Exxon Mobil (XOM) and McDonald's (MCD), while advising against buying into Macy's (M) or small cap stocks from the Russell 2000 (^RUT).
- 09/25/2023
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Oil will hit triple digits if OPEC sustains cuts and demand holds up: BofA Securities' Blanch
- Francisco Blanch, global head of commodity & derivatives strategy at BofA Securities, and John Kilduff, Again Capital founding partner, join 'Squawk on the Street' to discuss the rising oil prices and their impact on the market.
- 09/25/2023
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ExxonMobil (XOM) Seeks Subsidies for Gas-Derived Hydrogen
- ExxonMobil's (XOM) CEO personally lobbies the Biden administration for natural gas-based hydrogen to qualify for energy subsidies.
- 09/25/2023
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Oil Could Blow Through $100 by October: 7 ‘Strong Buy' Analyst Favorites That Pay Big Dividends
- Since topping out at $120 a barrel back in the summer of 2022, the major oil benchmarks traded down every month until bottoming last December.
- 09/25/2023
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Beware! 7 Energy Stocks Waving Massive Red Flags Right Now
- Oil prices are rising again but the energy sector remains volatile. The unpredictability in the sector isn't merely a blip but reflects deeper concerns plaguing the sector, which highlights the importance of energy stocks to sell.
- 09/25/2023
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Exxon Mobil: The Best Buy In Energy
- Exxon Mobil is a buy regardless of short-term oil price fluctuations due to its strong earnings prospects and rapidly diversifying business. Structural factors suggest that oil prices will trend higher over the long-term, even if demand peaks soon. Exxon has a de-risked balance sheet, multiple growth catalysts, and the ability to use their massive free cash flow to transition towards renewables.
- 09/25/2023
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Attention, Oil Bulls! Here's Why This Energy Titan Should Be on Your Radar.
- What's your priority as an investor? Maybe it's income opportunities.
- 09/24/2023
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David vs. Goliath: 3 Stocks Poised to Challenge the ‘Magnificent 7′
- The so-called “Magnificent 7” stocks surged in 2023, contributing to a market rebound in an outsized manner. The stocks' presumed overrepresentation has investors considering other investments in their place.
- 09/23/2023
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JPMorgan warns of a continued surge in oil prices to $150
- Oil prices will continue to surge not just in the near term but over the next two to three years, says Christyan Malek. He's the Global Head of Energy Strategy at JPMorgan.
- 09/23/2023
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ExxonMobil Sees This Key Business Tripling Its Earnings by 2027, Giving It More Fuel to Grow Its Dividend)
- ExxonMobil expects its product solutions earnings to surge over the next several years. That will give it more fuel to pay dividends.
- 09/23/2023
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Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike
- Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.
- 09/22/2023
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ExxonMobil (XOM) Eyes $16B Earnings Surge by 2027 From Fuels
- ExxonMobil (XOM) aims to achieve a $16-billion earnings milestone by 2027, based on anticipations of increasing demand for motor fuels and chemicals.
- 09/22/2023
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Pay For Higher Gas Prices With These Oil Dividends
- Oil prices have steadily climbed over the past few months, resulting in higher gasoline prices for consumers. Three energy companies are highlighted as beneficiaries of higher oil prices. Their dividends can help offset the cost of expensive gasoline. Buying shares in these energy companies can serve as a hedge against high oil prices and their dividends can assist consumers in paying for more expensive fuel.
- 09/22/2023
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ExxonMobil Doesn't Plan to Invest in EV Charging (It Wants to Capture This Potentially Massive Opportunity Instead)
- ExxonMobil plans to invest in an array of lower-carbon businesses. EV charging stations don't fit its strategy.
- 09/22/2023
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Exxon: The Oil Trade Is Back On The Menu
- Oil prices are slowly rising again, with the possibility of reaching $100/barrel due to strong demand and production cuts by OPEC. Exxon Mobil Corporation is expected to benefit from higher energy prices, potentially earning a minimum 7% cash distribution yield in 2024. Exxon Mobil Corporation stock looks undervalued and deserves a Buy recommendation.
- 09/21/2023
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ExxonMobil (XOM) to Develop DAC Technology to Capture CO2
- The development of the DAC technology could potentially leverage ExxonMobil's (XOM) expertise in CCS.
- 09/21/2023
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The Millionaire's Playbook: Why Insiders are Betting Big on These 3 Stocks
- In the efficient U.S. stock market, fortunes are made and lost based on the right stock at the right time. In this context, three stocks have quietly captivated astute insiders' attention.
- 09/21/2023
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Exxon Mobil Is Setting for the Breakout
- Gas exploration companies have been particularly interesting for investors
- 09/21/2023
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Dividend Harvesting Portfolio Week 133: $13,300 Allocated, $1,154.34 In Projected Dividends
- The stock market closed down this week, with the S&P falling more than expected to a 3-month low. The Dividend Harvesting Portfolio has shown consistent growth and profitability, with a 3.44% profit on invested capital. Dividend income from various investment baskets has increased, with equities generating the highest income at 39.83%.
- 09/21/2023
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Exxon sees $16 billion in earnings for fuels, chemicals by 2027
- Exxon Mobil Corp expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current levels as demand continues to rise, executives said on Wednesday.
- 09/20/2023
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Betting Big: 3 Energy Stocks Primed for a Breakout
- Big oil is back. With crude prices above $90 a barrel and heading higher, energy stocks are hot once again.
- 09/20/2023
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ExxonMobil (XOM) Commences Baytown Chemical Unit Production
- The two units will enable ExxonMobil (XOM) to meet the increasing demand for plastics and various other chemicals.
- 09/20/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/20/2023
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California Goes After Oil Supermajors in Climate Lawsuit
- The likes of Chevron (CVX), Shell (SHEL) and ExxonMobil (XOM) have responded by arguing that climate policy should be a matter of congressional debate, not courtroom litigation.
- 09/20/2023
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Exxon working on direct air capture of CO2, stays out of EV charging stations
- Exxon Mobil Corp is working on developing technology for direct air capture (DAC) of carbon dioxide, and sees a clear place for it in a net-zero future, an Exxon executive said on Tuesday, but the largest U.S. oil company has no plans to invest in building electric vehicle charging stations.
- 09/19/2023
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Exxon pledges more Nigerian oil output, presidential spokesman says
- Exxon Mobil Corp has pledged additional oil production of nearly 40,000 barrels per day from its Nigerian operations in a new investment push in the country, a presidential spokesman said on Tuesday, citing Exxon's president of global upstream operations.
- 09/19/2023
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Is it Time to Buy Chevron or Exxon Mobil Stock as Crude Prices Climb
- Investors may be wondering if it's time to buy stock in oil conglomerates Chevron (CVX) and Exxon Mobil (XOM) as more analysts see the possibility of crude prices topping $100 a barrel.
- 09/18/2023
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Oil spikes above $91 on supply concerns
- The price of WTI and Brent crude continues to rise as Wall Street traders eye a deeper supply deficits in the fourth quarter after Saudi Arabia and Russia extended supply cuts.
- 09/18/2023
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3 Oil Stocks That Should Be on Every Investor's Radar This Fall
- Inflation or recession, the one thing that will always remain in demand is oil. It's hard to imagine a world without oil, and while it is a volatile sector, oil companies can sometimes report record profits while also taking a beating in certain cases.
- 09/18/2023
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California sues Chevron, Exxon, Shell, others for public deception on climate change
- The state claims that big oil companies have intentionally covered up their role in exacerbating climate change since at least the 1970s.
- 09/18/2023
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BP, Exxon, Shell, Chevron sued by California for decades of lies
- Exxon, BP, Shell, ConocoPhillips (NYSE:COP) and Chevron are being sued by the State of California, which claims they have lied for decades about the extent of the damage likely to be caused by using oil and gas. A civil suit filed in the state Superior Court in San Francisco wants the companies to pay into a fund to repair damage caused by wildfires and storms that have recently ravaged the region.
- 09/18/2023
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Here are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet Fitness
- Here are some of the tickers on my radar for Monday, Sept. 18 taken directly from my reporter's notebook.
- 09/18/2023
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Exxon Mobil: OPEC+ Is Coming To The Rescue (Rating Upgrade)
- Exxon Mobil experienced a serious drop-off in free cash flow in Q2'23 due to lower average prices in end markets. OPEC+ supply cut decisions have boosted petroleum prices and improved Exxon Mobil's profit and free cash flow outlook. As a result, I am upgrading XOM from sell to hold.
- 09/17/2023
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California Sues 5 Oil Giants: Here Are The Biggest Numbers Behind The Explosive Lawsuit
- California Attorney General Rob Bonta accuses several oil companies of lying to the public “to further their record-breaking profits.”
- 09/16/2023
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California goes to war with oil and gas giants over climate change 'deception'
- The state of California has filed a lawsuit against major oil and gas companies, alleging the fossil fuel industry has lied about the harms of climate change for decades.
- 09/16/2023
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Exxon Mobil: Artificially Inflated
- Exxon Mobil Corporation's weak Q2 results highlight the earnings risk when oil prices fall. OPEC+ has an estimated spare oil capacity matching the peak levels since at least 2000. The stock trades at ~13x '24 EPS targets, and the risk is lower earnings when oil ultimately rolls over.
- 09/15/2023
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The 7 Most Undervalued Blue-Chip Stocks to Buy in September 2023
- Some investors don't want to deal with the drama of the stock market but still want respectable returns. While you can achieve the highest returns with high-flying growth stocks, some investors prefer to insulate themselves from high-risk investments.
- 09/14/2023
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ExxonMobil stock gains as oil price rises, reflects little reaction to accusatory report on climate-change denial
- Stock prices for oil-and-gas giant ExxonMobil advanced Thursday, a bounce back from a day earlier when the stock lagged the broader market, and seemingly unimpacted by a bristling Wall Street Journal report reviving what's long been suspected to be a concerted effort among Exxon's executives and board to downplay evidence that climate change is accelerated by burning fossil fuels.
- 09/14/2023
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ExxonMobil (XOM) Leads Bids in Guyana's Oil and Gas Auction
- Guyana receives bids for eight out of 14 blocks auctioned, including those from key contender ExxonMobil (XOM) among others.
- 09/14/2023
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ExxonMobil and TotalEnergies snap-up more acreage offshore Guyana
- Exxon Mobil Corporation (NYSE:XOM) and TotalEnergies SE (NYSE:TOT, EPA:TTE) are among the major international energy companies staking additional acreage in the prolific waters offshore Guyana. Hess Corp. (NYSE:HES), Qatar Energy, Petronas and Chinese state-backed CNOOC were also reported to be involved across bidding consortia.
- 09/14/2023
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Guyana receives bids for eight oil and gas blocks, including from Exxon and Total
- Guyana has received offers for eight of 14 offshore oil and gas exploration blocks in a bidding round, including from groups formed by Exxon Mobil and TotalEnergies , the government and documents seen by Reuters showed on Wednesday.
- 09/13/2023
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Oil May Hit $100 Before the Holidays: 6 Industry Giants to Buy Now for Growth and Big Dividends
- Since topping out at $120 a barrel back in the summer of 2022, the major oil benchmarks traded down every month until bottoming last December.
- 09/13/2023
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Exxon Mobil: The Clear Beneficiary Of The Oil Shortage
- Oil prices expected to remain high in 2023 due to voluntary production cuts in Saudi Arabia and Russia, leading to an oil deficit. Demand for oil set to rise in countries excluding China, US, and EU, with China's demand expected to grow steadily throughout 2023. Gas demand expected to decline due to lower gas consumption in the manufacturing industry and lower demand for pumping gas into storage.
- 09/10/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/08/2023
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3 Stocks to Watch in the TradeSmith ‘Green Zone'
- TradeSmith offers investors valuable tools for determining which stocks to watch. A good example is its Health Indicator feature.
- 09/08/2023
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7 Best Blue Chip Stocks to Buy Now
- Sure, short-term gains from the hip "stock of the moment" can be an exciting roller coaster ride, but if you're a truly savvy investor in 2023, you're going to be hunting for stocks that can provide solid returns over the long term, no matter what the market does. Blue-chip stocks are, of course, one of the best places to find that.
- 09/08/2023
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The 3 Best Safe Stocks to Buy Now: September 2023
- Summer is unofficially over, but what a difference a year makes. The S&P 500 lost 19% in 2022 yet has rallied 17% higher since the end of July.
- 09/08/2023
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This oil chart will scare the socks off you
- If your coffee isn't giving you enough of a jolt this morning, just check out this chart from Bank of America.
- 09/08/2023
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3 Energy Stocks Suited Nicely for Momentum Investors
- Relative strength focuses on stocks that have performed well compared to the market as a whole or another relevant benchmark. And by targeting those displaying this favorable price action, investors can find themselves in positive market trends where buyers are in control.
- 09/05/2023
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Decarbonizing has tremendous growth potential for energy infrastructure, says Tortoise's Rob Thummel
- Rob Thummel, Tortoise Ecofin senior portfolio manager, joins 'Squawk on the Street' to discuss rising energy oil prices due to the output cut extension, oil prices influencing energy investment decisions, and companies building carbon capture infrastructure.
- 09/05/2023
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Top 7 Oil Stocks to Grab as Brent Crude Skyrockets Into 2024
- Now might be a great time to look for the best oil stocks to buy. Expectations of rising Brent crude oil prices for the remainder of 2023 continuing into 2024 are making the search for oil stocks to buy worthwhile again.
- 09/04/2023
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The 7 Best Blue-Chip Stocks to Buy Now: September 2023
- With market uncertainty lingering as we move into autumn, now would be a good time for investors to put capital into some trusted blue-chip stocks. These are reliable companies that have market-leading positions, strong balance sheets, consistent earnings, and a history of providing shareholders with distributions in the form of dividend payments and stock buybacks.
- 09/04/2023
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ExxonMobil (XOM) Expects Global Climate Targets to Fall Short
- ExxonMobil (XOM) will invest $17 billion over six years through 2027 in low-carbon emission technologies, including carbon capture and sequestration, and hydrogen.
- 08/30/2023
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Opinion: Why Energy Companies Are Tomorrow's Dividend Stocks To Retire On
- Dividend stocks are a popular choice for retirement and REITs and MLPs have been the preferred high-dividend payers of the past and currently. There is a new and potentially better way to retire with dividends that will become popular with time: Energy Exploration and Production Companies.
- 08/30/2023
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Global dividends hit record $568 billion, but pace of U.S. payouts slows for sixth straight quarter
- Global dividends rose 4.9% to a record $568 billion in the second quarter, but the pace of growth in the U.S. slowed for the sixth consecutive quarter after some high- profile technology and financial groups trimmed their payouts.
- 08/30/2023
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7 Reliable Retirement Stocks to Secure a Golden Future
- While hanging up the boots may be a concept that's decades away for some of you, it's never too early to start targeting retirement stocks to buy. Of course, if you're younger, you have the luxury of time to take some risks.
- 08/28/2023
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Exxon projects oil, gas to be 54% of world's energy needs in 2050
- Oil and natural gas are still projected to meet more than half of the world's energy needs in 2050, or 54%, Exxon Mobil Corp. said on Monday, with the world failing to keep global temperature increases below 2 degrees Celsius.
- 08/28/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 08/28/2023
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FuelCell, Exxon Mobil to extend carbon capture deal
- FuelCell Energy said on Monday it would extend a carbon capture joint development agreement with a unit of Exxon Mobil to March 31 next year.
- 08/28/2023
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Love Dividends? Here Are 3 Great Income Stocks From the Energy Patch.
- Exxon has an incredible streak of dividend growth despite oil being an inherently volatile sector. MPLX has steadily increased its monster payout.
- 08/27/2023
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Here's Why Hold Strategy is Apt for ExxonMobil (XOM) Now
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations. However, it is highly exposed to volatility in oil and gas prices.
- 08/25/2023
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3 Oil Exploration Stocks To Cushion WTI Swings
- Oil prices have swung from over $100 per barrel to under $80 per barrel in a year. Indeed, some portfolios need to be optimally built to cushion such swings and what effects these have on the economy.
- 08/24/2023
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ExxonMobil (XOM) Plans to Develop Sixth Oil Project in Guyana
- Whiptail will increase the ExxonMobil (XOM)-led consortium's oil production in Guyana to more than 1.2 million bopd.
- 08/23/2023
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'Fragile Five' oil producers will have more oil in market than demand, says Citi's Edward Morse
- Ed Morse, Citi Research head of global commodities, joins 'Power Lunch' to discuss Morse's thoughts on the supply and demand picture for crude oil, why Morse isn't more concerned with the crude oil picture and much more.
- 08/22/2023
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Final Trades: Diamondback Energy, Microsoft & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/21/2023
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Exxon proposes sixth oil project in Guyana for $12.9 billion
- Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country.
- 08/21/2023
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The 3 Most Undervalued Dividend Stocks With Growth Potential to Buy Now: August 2023
- Investors could be undergoing a flight to safety to dividend stocks. The reasoning is simple.
- 08/20/2023
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Why ExxonMobil Stock Sloshed Higher Today
- Oil prices inched higher on Thursday, and Exxon Mobil stock followed them up. For all the predictions of recession, oil demand in the U.S. and China still looks pretty healthy.
- 08/17/2023
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ExxonMobil (XOM) Receives Award Worth $77M Against Venezuela
- ExxonMobil's (XOM) oil projects Cerro Negro and La Ceiba have been expropriated by Venezuela, which has resulted in extensive international arbitration cases.
- 08/16/2023
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ExxonMobil's surprising growth potential
- Exxon Mobil Corp ( XOM , Financial), based on float adjusted market capitalization, is the world's largest energy company. While size in most industries works against most companies because it indicates growth is going to be hard to achieve, Exxon Mobil Corp's size turns out to be a key differentiator for the company.
- 08/16/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 08/15/2023
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Want Decades of Passive Income? 3 Stocks to Buy Now
- Exxon just agreed to buy a company operating in the carbon capture space; expect more deals like this. TotalEnergies invests in renewable energy, growing its exposure to the point where management created a new division.
- 08/15/2023
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Exxon requests US court to attach awards against Venezuela to Citgo case
- Exxon Mobil on Monday for the first time registered arbitration awards against Venezuela with a U.S. federal court in Delaware that soon plans an auction of shares in Venezuela-owned oil refiner Citgo Petroleum.
- 08/14/2023
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Final Trades: Visa, McDonald's & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/14/2023
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As Exxon Mobil Consolidates, Is A New Rally Bubbling Up?
- The stock has been quietly rallying in recent weeks, notching small weekly gains in above-average turnover. Its one-month return is 5.19%, which is not terrible, but it lags the Energy Select Sector SPDR Fund NYSEARCA: XLE, which is up 12.59% in the past month.
- 08/14/2023
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Home Depot vs. Lowe's: Which Stock Should Investors Consider?
- There are many legendary pairs of business rivals in the world, with both sides of the aisle persistently aiming to steal market share from one another.
- 08/11/2023
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U.S. energy stocks are back on top as sector leads Wall Street for first time since last year
- U.S. energy stocks have zoomed higher in August, reclaiming their spot as the undisputed market leader for the first time since late 2022, when the sector was among the few plays that worked during a volatile year for markets.
- 08/11/2023
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Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth
- Apple has spent over $500 billion on stock buybacks since 2012, a Markets Insider analysis shows. Only eight S&P 500 companies are worth more than the iPhone maker's total repurchases to date.
- 08/11/2023
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The 3 Best Stocks to Buy in August
- The stock market has not had an easy path so far in August, with U.S. indices under pressure. While the percentage losses are not all that bad, the constant daily declines are weighing on investor sentiment.
- 08/10/2023
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Transportadora de Gas del Sur SA (TGS): A Strong Contender in the Oil & Gas Industry with
- Transportadora de Gas del Sur SA ( TGS , Financial) is a leading player in the Oil & Gas industry, with a market capitalization of $1.8 billion. As of August 8, 2023, the company's stock price stands at $11.95, marking a gain of 3.91% for the day.
- 08/08/2023
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3 Energy Stocks to Unplug on Dim Prospects
- A lot of people on Wall Street are bullish on energy right now, with investment bank Goldman Sachs (NYSE: GS ) recently forecasting that the price of Brent crude oil, the international benchmark, will be at $86 a barrel by year's end. But not so fast.
- 08/07/2023
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Three Ways To Play The Rise In Oil Prices
- Oil prices NYSEARCA: USO are on the rise and likely heading higher. The Saudis and Russia are working together with voluntary production cuts to keep the supply/demand balance tilted firmly in favor of higher prices.
- 08/07/2023
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Exxon Baytown, Texas, refinery resuming normal operations
- ExxonMobil's 564,440 barrel-per-day (bpd) Baytown, Texas, refinery is resuming normal operations on Thursday, company spokesperson Lauren Kight said, following a malfunction on a unit that triggered the plant's safety flare.
- 08/03/2023
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Insiders Are Diving Into These 3 Stocks
- There have been several companies witnessing insider activity as of late, including a major energy company. Notably, the insider scooped up nearly $50 million in shares.
- 08/03/2023
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Exxon's Getting Into the Lithium Business. It Should Do This Instead.
- A report says Exxon has been looking to get into into the lithium business. It shouldn't.
- 08/02/2023
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Sell Alert: 3 Energy Stocks to Dump ASAP
- Although crude oil had a strong run in July and is now trading back above $80 a barrel, the price has been largely trending lower since peaking at $122 per barrel in June 2022 after Russia invaded Ukraine. The decline is starting to show up in energy companies' earnings.
- 08/01/2023
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How To Trade A Long-Term Bull Put Spread On XOM Stock
- ExxonMobil doesn't even have to go up for this bullish option trade to profit.
- 08/01/2023
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BP Joins Exxon, Chevron as Profit Slumps. Why the Stock Is Rising.
- The energy giant raised its dividend by 10% and announced a new $1.5 billion share buyback program.
- 08/01/2023
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Why ExxonMobil and Chevron Stocks Were Gushers Today
- Production cuts in Saudi Arabia are affecting supply. Demand should remain strong, analysts believe.
- 07/31/2023
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Exxon looks to EV boom as oil giant is in talks to supply lithium to Tesla and other automakers, report says
- Exxon Mobil is in talks with car manufacturers to become a lithium supplier, sources told Bloomberg. That includes Tesla, Volkswagen, and Ford.
- 07/31/2023
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7 Dividend Stocks to Ride Out 2023's Unpredictable Second Half
- Generally, companies that provide passive income for stakeholders represent a balanced approach but for safe dividend stocks for 2023. The underlying concept has taken on greater importance.
- 07/31/2023
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Exxon Mobil in talks with Tesla, Ford to supply lithium - Bloomberg Law
- Oil major Exxon Mobil is in talks with Tesla , Ford Motor , Volkswagen and other automakers to supply lithium, Bloomberg Law reported on Monday citing people familiar with the matter.
- 07/31/2023
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Markets Rise at Midday, on Track for a Monthly Gain on Profits, Lower Inflation
- U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.
- 07/31/2023
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Italy's antitrust drops fuel prices probe on Eni, Exxon and others
- Italy's antitrust authority AGCM said on Monday it had closed a probe into several energy groups, including Eni and Exxon Mobil's ESSO Italiana unit, without imposing any sanctions.
- 07/31/2023
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3 Companies with the Biggest Share Buybacks
- Share buybacks (also called stock buybacks or stock repurchases) are a common way for a publicly traded company to deliver value to its shareholders. As the name implies, a share buyback is a board-approved action that allows a company to buy shares of its own stock on the secondary market.
- 07/31/2023
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This Is the World's Third Largest Oil Stock, and It's a Screaming Buy
- Having grown steadily under the leadership of Mike Wirth, Chevron just extended its CEO's tenure. That's great news as Wirth has big plans for the next five years, including a big upcoming acquisition.
- 07/31/2023
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Earnings breakdown: Roku, Exxon, Chevron, Meta, Snap, Royal Caribbean, Southwest Airlines
- Yahoo Finance anchors Seana Smith and Josh Schafer break down the latest earnings for Roku, Exxon, Chevron, Meta, Snap, Royal Caribbean and Southwest Airlines.
- 07/28/2023
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Exxon and Chevron see profits fall due to drop in energy prices
- Dan Dicker, Founder of The Energy Word and Stewart Glickman, CFRA Energy Equity Analyst spoke with Yahoo Finance anchors Brad Smith and Julie Hyman about earnings, dividends, stock performance, energy prices, demand, and growth.
- 07/28/2023
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Companies like Chevron and Exxon are where investors need to be long-term, says DCLA's Sethi
- Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss the standouts from earnings season thus far, the consumer names who have reported earnings, and Sethi's thoughts on the financials.
- 07/28/2023
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Why ExxonMobil Stock Slipped on Friday
- ExxonMobil's profits tanked in the second quarter on the back of lower oil and gas prices. The company, though, still earned a lot more than in 2018 when commodity prices were at similar levels.
- 07/28/2023
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Energy ETFs in Focus Post Exxon, Chevron Q2 Earnings
- The two energy behemoths ??? Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX)?
- 07/28/2023
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Markets Gain at Midday on More Signs Inflation is Easing
- Markets bounced back at midday on Friday, July 28, 2023 from yesterday's selloff and were heading for a winning week on the latest report showing inflation easing.
- 07/28/2023
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Falling Energy Prices Slash ExxonMobil's Profit and Sales
- Exxon Mobil became the latest big energy company to post sinking profit and sales because of lower oil and gas prices.
- 07/28/2023
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Why Markets Are Loving Exxon Mobil, Despite The Earnings Dip
- Shares of Exxon Mobil NYSE: XOM fell by as much as 1.8% during the early hours of Friday's trading session; the decline is happening on a day when the broader markets (namely the S&P 500) are up by a third of a percent. The initial reaction can be attributed to markets digesting the latest figures released by the oil giant during its second quarter of 2023.
- 07/28/2023
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Exxon, Chevron Remain Payout Gushers
- Oil and natural-gas price fluctuations have had remarkably little impact on cash returns to the supermajors' shareholders.
- 07/28/2023
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Exxon Mobil (XOM) Q2 Earnings Lag Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $2 per share. This compares to earnings of $4.14 per share a year ago.
- 07/28/2023
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Exxon Mobil reports decline in 2Q earnings on lower oil and gas prices
- Exxon Mobil Corporation (NYSE:XOM) has reported a sharp slide in second-quarter earnings due to lower crude oil and natural gas prices, as well as weaker industry refining margins. However, the US oil and gas giant said it remains on track to deliver $9 billion of structural cost savings by the end of 2023 relative to 2019, after achieving cumulative structural cost savings of $8.3 billion to date.
- 07/28/2023
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ExxonMobil earnings fell on sinking oil prices
- ExxonMobil's profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts.
- 07/28/2023
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Chevron and ExxonMobil profits slipped as Q2 crude oil prices fell
- Chevron (NYSE: CVX), one of the biggest energy companies in the world, published weak financial results as oil and natural gas prices retreated. Like its European peers, the company said that its revenue dropped to $47.2 billion in Q2 from over $65.4 billion in the same period in 2022.
- 07/28/2023
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Exxon Mobil's stock dips premarket after profit miss
- Exxon Mobil Corp.'s stock XOM, +0.31% fell 1% premarket Friday, after the oil giant missed profit estimates for the second quarter. Exxon posted net income of $7.88 billion, or $1.94 a share, for the quarter, down from $17.850 billion, or $4.21 a share, in the year-earlier period.
- 07/28/2023
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Exxon posts 56% profit slump, joins peers in energy price hit
- Exxon Mobil Corp joined its rivals reporting a 56% slump in second quarter profit from a year ago, hurt by a drop in energy prices, in line with the midpoint of the company's earnings preview released earlier this month.
- 07/28/2023
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Exxon and Chevron Stalk More Shale Deals as Profits Dip
- The oil giants together added $14 billion in profits to their cash piles and have signaled they're not finished shopping for potential acquisitions.
- 07/28/2023
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Top-Rated Stocks to Watch as Earnings Approach
- Investors should pay attention to other sectors outside of Energy on Friday as there appears to be opportunity in these Consumer Staples and Auto sector stocks.
- 07/28/2023
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Steer Clear From This Sector in August
- Last week, we partook in the tried-and-true, end-of-the-month ritual of identifying the best-performing stocks on the S&P 500 Index (SPX) for the coming month.
- 07/27/2023
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Exxon Reports Earnings Friday. What It Means for the Stock.
- Expectations have been coming down for the oil giant's financial results, something that could set shares up for a gain if it can beat the lowered bar.
- 07/27/2023
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Will Exxon Mobil Stock Trade Higher Post Q2?
- Exxon Mobil (NYSE: XOM) is scheduled to announce its fiscal second-quarter results on Friday, July 28.
- 07/27/2023
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Shell Profits Slump on Lower Energy Prices. Expect More Pain for Exxon, Chevron.
- The oil giant reported adjusted earnings of $5.07 billion in the second quarter. But when that's compared to the record $11.5 billion profit Shell posted in the year-ago period, at the height of the energy crisis, it's a steep 56% drop.
- 07/27/2023
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Big Oil 2Q profit slump expected on lower oil and gas prices
- Big Oil companies Exxon Mobil and Chevron are both set to report a significant drop in profit year-over-year when they hand down their second-quarter earnings on Friday, June 28 before the opening bell. Oil and gas prices have fallen dramatically from this time last year after spiking in the wake of Russia's invasion of Ukraine, putting pressure on both companies' bottom lines.
- 07/26/2023
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Energy Stocks Bullish, But Futures Market Signals Trouble Ahead
- The Energy Select Sector SPDR Fund NYSEARCA: XLE was trading higher for the fifth session in a row on July 24, extending that streak with a gap up at the open.
- 07/25/2023
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ExxonMobil (XOM) to Report Q2 Earnings: What's in the Offing?
- Lower production and prices are likely to have affected ExxonMobil's (XOM) upstream operations in Q2.
- 07/24/2023
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Exxon Vs. Chevron: Which Dividend Aristocrat Is The Better Buy?
- Exxon has huge EBITDA and FCF numbers. Chevron has better Gross margin percentages. Combined Exxon and Chevron have committed to spending $125 billion on share buybacks.
- 07/24/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/24/2023
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Microsoft, GM, Verizon, Alphabet, Exxon Mobil, Meta, and More to Watch
- The Federal Reserve is expected to raise interest rates on Wednesday. Plus, earnings reports from Alphabet, Microsoft, Visa, General Electric, Verizon, Meta Platforms, and more.
- 07/23/2023
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Exxon's Acquisition Of Denbury: A Tale Of Two Businesses, And Neither One Is Worth $4.9 Billion
- Exxon made waves in the energy M&A markets by announcing its acquisition of Denbury, Inc. last week. In total, the headline value was around $4.9 billion.
- 07/21/2023
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Stock picks July 21, 2023: Strategist says, buy Nvidia and Meta, sell Home Depot and Exxon
- GraniteShares Founder and CEO Will Rhind spoke with Yahoo Finance Live anchors Myles Udland and Seana Smith to share his preferred stock trades which include Nvidia (NVDA) and Meta for buys, Home Depot and Exxon as sells and why he likes gold.
- 07/21/2023
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ExxonMobil (XOM) to Build Arkansas Facility in Lithium Quest
- ExxonMobil (XOM) plans to construct a sizeable lithium processing plant in Arkansas that is expected to have abundant lithium deposits.
- 07/21/2023
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Guyana to take no action on Exxon contractor until formally notified on U.S. probe - VP
- Guyana's Vice President Bharrat Jagdeo on Thursday said the government will not take action against a local Exxon Mobil Corp contractor after Reuters reported its owners are under a U.S. criminal investigation.
- 07/20/2023
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Oil Stocks Have Bounced. Don't Chase the Rebound.
- The price of crude has steadily increased, but the futures market expects a drop by 2025. Stocks would definitely take a hit if the projection is right.
- 07/20/2023
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7 Dividend Stocks That Are Screaming Buys Right Now: July 2023
- Dividend stocks to buy as a concept offers universal relevance because of the underlying passive income. While nothing is guaranteed in the market, if you acquire shares of established enterprises that reward their shareholders with consistent payouts, dividend investing can bolster confidence.
- 07/20/2023
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Exxon Mobil Reports Before The Open On 7/28 -- Options Contracts Expire The Same Day
- the Exxon Mobil next earnings date is projected to be 7/28 before market open, with earnings estimates of $2.11/share on $81.10 Billion of revenue
- 07/19/2023
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Pioneer Natural Resources: Exxon Mobil Potential Merger Is Not Materializing
- Pioneer Natural Resources Company came out with adjusted quarterly earnings of $5.21 per share in Q1 2023, beating analysts' expectations, compared to earnings of $7.74 a year ago. Production was a record of 680.440k Boep/d in 1Q23. I recommend buying Pioneer Natural Resources stock between $204.9 and $201, with possible lower support at $197.5.
- 07/17/2023
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ExxonMobil to Release Second Quarter 2023 Financial Results
- SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release its second quarter 2023 financial results on Friday, July 28, 2023. The company will issue a press release via Business Wire, and it will be available at 5:30 a.m. CT at www.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results during a live conference call.
- 07/17/2023
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Safe Havens: 7 Low-Risk Stocks for Uncertain Times
- As we brace for a potential recession looming on the horizon, many investors are recalibrating their portfolios in search of low-risk stocks. If you're in sweats thinking about financial risk, and your concern rests with capital preservation, you might want to avoid high-flying growth stocks.
- 07/14/2023
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ExxonMobil (XOM) Signs Deal to Acquire Denbury for $4.9B
- A financial advisor can help you understand the advantages and disadvantages of investment properties.
- 07/14/2023
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Why Exxon Mobil is spending $4.9 billion on a company that pumps carbon dioxide back into the earth
- Exxon Mobil this week announced plans to acquire oil producer Denbury. Denbury also has a business of capturing carbon-dioxide emissions.
- 07/14/2023
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Exxon Accelerates Carbon Capture Plans With Denbury Acquisition
- On Thursday, U.S.-based oil giant Exxon Mobile Corp. ( XOM , Financial) announced it has agreed to buy carbon capture leader Denbury Inc. ( DEN , Financial) for $4.9 billion, which would make it the company's largest acquisition in six years.
- 07/14/2023
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Exxon Mobil: Navigating A Complex Energy Landscape
- Exxon Mobil Corporation benefits from technological advancements, low-cost operations, emissions reduction efforts, resilient financial strategies, significant discoveries in Guyana, and recognition of the need to replace declining reserves. Exxon Mobil's acquisition of Denbury enhances its carbon capture and storage capabilities, providing a robust CO2 pipeline network and strategic sequestration sites. The company faces challenges with deteriorating revenue estimates in the long term due to factors like declining oil and gas prices and the transition towards low-carbon solutions.
- 07/14/2023
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ExxonMobil (XOM) Signs Deal to Acquire Denbury for $4.9B
- ExxonMobil (XOM) announces that the acquisition of Denbury is set to provide the company access to the biggest pipeline network in the United States.
- 07/14/2023
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Exxon Makes ‘Green' Move With $5 Billion Purchase Of Denbury
- The key driver of the acquisition is Denbury's 1,300 miles of CO2 pipeline, which will allow Exxon to bolster their carbon capture and storage business
- 07/14/2023
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Exxon snaps up carbon capture business
- Exxon said it has agreed to buy a firm with carbon storage operations for US$4.9bn in a bid to accelerate its energy transition business. The US oil and gas giant confirmed it bought Denbury, an established carbon dioxide sequestration company.
- 07/14/2023
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Exxon Acquires Denbury for $4.9 billion
- The acquisition of the carbon capture business gives Exxon's energy transition plans a boost.
- 07/13/2023
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3-Stock Lunch: XOM, PEP & DAL
- Jerry Castellini, CastleArk Management president, joins ‘Power Lunch' to discuss three stocks: Exxon, Pepsi and Delta Air Lines.
- 07/13/2023
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ExxonMobil Buyout Of Denbury Cements Its Status Atop The CCS World
- Rumors about a potential ExxonMobil takeover of Denbury had circulated last fall, so Thursday's announcement of the deal came as no real surprise.
- 07/13/2023
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Markets Rise Midday After Another Report Showing Slowing Inflation
- U.S. equities rose at midday on Thursday, July 13, 2023, after a second report this week showing inflation easing.
- 07/13/2023
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ExxonMobil reportedly in talks to buy Denbury Inc.
- Yahoo Finance Markets Reporter Ines Ferre reports on ExxonMobile in talks to buy Denbury.
- 07/13/2023
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Exxon is buying Denbury for $4.9 billion: CEO Woods explains why
- Shares of Denbury Inc (NYSE: DEN) inched down today after Exxon Mobil Corp (NYSE: XOM) said it will buy the carbon-capture company for $4.9 billion. What's in it for Exxon Mobil?
- 07/13/2023
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ExxonMobil acquires pipeline operator Denbury for $4.9B
- ExxonMobil has inked its largest acquisition in six years with an agreement to buy Denbury, a Texas-based company, for $4.9 billion. Denbury is the owner of a 1,300-mile pipeline system dedicated to transporting carbon dioxide (CO2), making it crucial infrastructure for capturing carbon emissions from heavily-polluting facilities such as refineries and chemical plants.
- 07/13/2023
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Why Exxon Mobil Is Buying Denbury for $4.9 Billion
- Exxon Mobil President of Low Carbon Solutions Dan Ammann discusses the oil giant's $4.9 billion acquisition of Denbury, its biggest deal in six years. Speaking with Alix Steel and Guy Johnson, Ammann also says he sees an opportunity in lithium.
- 07/13/2023
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Exxon Mobil CEO Darren Woods on $4.9 billion Denbury deal: It allows us to further reduce emissions
- Exxon Mobil chairman and CEO Darren Woods joins CNBC's Becky Quick from Sun Valley, Idaho to discuss the $4.9 billion acquisition of Denbury, how the Inflation Reduction Act played a role in the deal, and more.
- 07/13/2023
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Exxon Mobil to buy Denbury for a premium of less than 2%, in an all-stock deal valued at $4.9 billion
- Shares of Denbury Inc. DEN, -0.03% rallied 1.1% in premarket trading Thursday, after the Exxon Mobil Corp. XOM, +0.49% announced an agreement to buy the Texas-based energy company in an all-stock deal valued at $4.9 billion. Exxon's stock fell 0.1% ahead of the open.
- 07/13/2023
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ExxonMobil Sees LNG As A Growth Business Into The Future
- From addressing energy poverty to cutting emissions to facilitating the growth of hydrogen fuels, the head of Exxon's LNG Business sees a bright future ahead.
- 07/12/2023
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7 Boring Stocks to Buy and Hold for a Lifetime
- Finding buy-and-hold long term stocks for your portfolio is essential for success. Especially when we're talking about firms producing strong returns, with solid long-term outlooks.
- 07/10/2023
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Why These 7 Stocks Are the Best Ways to Play Oil Right Now
- Oil stocks continue to demonstrate their resilience. Their performance during the bear market of 2022 was noteworthy, particularly as inflation and geopolitical unrest in Ukraine drove crude oil prices higher.
- 07/10/2023
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The 7 Most Reliable Dividend Stocks to Buy for July 2023
- With the potential for rough waters to materialize, investors may want to think ahead with the most reliable dividend stocks to buy. Sure, on paper, the headline print seems to be moving in the right direction.
- 07/10/2023
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Chart Master: Energy is primed for a bounce, says Carter Worth
- Carter Worth, Worth Charting, joins 'Fast Money' to talk energy and what could be next for the space.
- 07/10/2023
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Buy Exxon Mobil Or Build Your Own Super Major?
- This article compares the performance of a $10,000 investment in XOM compared to an 'alternative' investment in similar smaller cap companies in search of better returns. The smaller peer group comprises of Devon Energy, Pioneer Natural Resources, Marathon, and Phillips 66. Performance of XOM is compared to its smaller peers in both shareholder returns, valuation, and price appreciation.
- 07/10/2023
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The Top Stocks Sold by Institutional Investors
- An institutional investor is a legal entity that pools money from multiple investors to invest in various assets and securities.
- 07/07/2023
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A Deep-Dive Into Bridgewater's Portfolio
- The founder of Bridgewater Associates, Ray Dalio (Trades, Portfolio), has always been a subject of intrigue among investors. With its principles-based approach and sophisticated algorithms, the recent trades and portfolio adjustments of the guru's firm offer valuable insights into its investment strategy.
- 07/07/2023
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3 Energy Dividend Picks That Are Intrinsically Undervalued
- The energy sector offers significant potential for long-term returns due to high dividends and undervalued stocks. The sector has become more investable due to cost-cutting measures and a focus on shareholder interests. Despite a challenging year in 2022, the energy sector provided a safe haven for investors. Companies that are undervalued and offer solid dividends present the best opportunities for successful compounding. Exxon Mobil, Phillips 66, and EOG Resources are highlighted as top energy stocks for dividend investors, offering good prospects for continued dividend growth, quality management, and solid growth prospects.
- 07/07/2023
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VONV: Attractive Valuation, Average Performance
- VONV: Attractive Valuation, Average Performance
- 07/07/2023
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OPEC+ Fights For Higher Oil Prices: They're On The Way
- OPEC+ is fighting hard to keep oil NYSEARCA: USO prices steady, if not on the rise. The latest news is that the Oil Producing and Exporting Countries cartel is seeking new members.
- 07/07/2023
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ExxonMobil Is Back on Top on This Key Industry Metric
- ExxonMobil competes with a handful of globally diversified integrated energy giants. The company has a history of investing in high-return projects.
- 07/07/2023
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Shell Follows Exxon, Warning Profits Are Falling Amid Oil and Gas Slump
- The energy company's stock fell in early trading Friday. It is the world's biggest trader of liquefied natural gas.
- 07/07/2023
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Why ExxonMobil Stock Took a Nearly 4% Tumble on Thursday
- The energy giant revised its guidance for the just-completed second quarter downward. Its profits could drop to as low as $6.2 billion for the period, against the over $11 billion it netted in the first quarter.
- 07/06/2023
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Exxon Mobil: Vanishing Profits
- Exxon Mobil Corporation guided to a drastic profit hit for Q2 2023, placing the EPS target far below analyst estimates. Even with structural cost savings implemented, the energy giant has normalized profits in the $4 range, far below analyst targets above $9. The stock remains far too expensive above $100, with profits vanishing back to substantially lower pre-Russian invasion levels.
- 07/06/2023
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Three Stock Lunch: BAC, AXP, and XOM
- Victoria Greene, founding partner and CIO of G Squared Private Wealth, joins 'Power Lunch' to trade three Blue Chip names under pressure.
- 07/06/2023
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Dow Jones Today: Index Plunges on Strong Jobs Data
- The Dow Jones Industrial Average fell 1.1%, or 366 points, Thursday after private sector payroll data showed that the labor market remains strong, raising fears that the Federal Reserve could hike rates faster or higher than planned.
- 07/06/2023
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Exxon Mobil pricing update implies lower 2Q EPS: analysts
- Exxon Mobil Corp's (XOM) release of its second quarter 2023 Earnings Considerations update implies lower-than-expected 2Q earnings per share (EPS) of $1.95, UBS analysts wrote in a note to clients. They stated that the biggest negative impacts relative to the first quarter of 2023 are Upstream natural gas prices and Energy Products industry margins, each down $2 billion sequentially and both of which being the biggest negative surprises relative to their estimates.
- 07/06/2023
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Exxon sees Q2 profits falling over natural gas prices
- Exxon Mobil shares trend lower after warning on falling profits tied to natural gas prices. Yahoo Finance Live anchors Brad Smith and Diane King Hall examine the oil producer's outlook.
- 07/06/2023
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Exxon Shares Slide on Lower Q2 Profit Outlook
- Exxon Mobil Corp's stock fell 2.4% in early trading Thursday after the company warned falling natural gas prices, lower margins, and soft demand could shave billions off its second-quarter earnings.
- 07/06/2023
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5 Things to Know Before Markets Open
- Meta's new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here's what investors need to know today.
- 07/06/2023
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ExxonMobil (XOM) Gets Go-Ahead for 35-Well Exploration Project
- ExxonMobil's (XOM) consortium received the Guyana regulator's approval to drill 35 new exploration wells in the Stabroek offshore block.
- 07/06/2023
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Meta stock climbs after launching Threads, Exxon shares slip after update, and other stocks on the move
- Shares of Spirit Airlines Inc. SAVE rose 2% in premarket trade after JetBlue Airways Corp. JBLU said it was AAL in the Northeast U.S. to focus on finalizing its merger with Spirit.
- 07/06/2023
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Russia and Saudi Arabia Can't Lift Oil Prices. That's a Blow for Exxon.
- Exxon said profits fell sharply in the second quarter compared with last year.
- 07/06/2023
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Exxon stock drops after energy giant says that nat gas prices likely to be a drag on Q2 profits
- Exxon Mobil Corp. XOM said late Wednesday it expects lower natural-gas prices to dial down its second-quarter profits for its upstream, or exploration and production, business. Changes in gas prices are expected to shave off between $2.2 billion and $1.8 billion from the quarterly results, Exxon says.
- 07/05/2023
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Exxon projects earnings easing in second quarter
- Exxon Mobil Corp said on Wednesday changes in oil prices gas prices would impact its second-quarter upstream earnings by $1.8 billion to $2.2 billion compared with the first quarter.
- 07/05/2023
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Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
- Exxon (XOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/05/2023
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3 Top Stocks to Buy Now and Hold Forever
- Intuitive Surgical's robotic systems are improving patient outcomes. ExxonMobil is quickly becoming a leader in low-carbon energy solutions.
- 07/05/2023
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PetroVietnam Gas talking to ExxonMobil, Novatek on LNG supply
- PetroVietnam Gas said on Wednesday it was in talks with the U.S. energy giant ExxonMobil and Russia's Novatek on liquefied natural gas (LNG) cooperation, as it seeks to secure long-term supplies for Vietnam's future LNG-fired power plants.
- 07/05/2023
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4 Integrated Energy Stocks to Gain From a Promising Industry
- From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP and SSL will make the most of the favorable business scenario.
- 07/04/2023
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7 High-Profit Stocks to Buy to Cash in on Inflation
- Market watchers have been calling for an earnings recession since the end of 2022. That's because there's an expectation that high inflation coupled with rising interest rates could lead to contracting earnings.
- 07/02/2023
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Exxon Mobil: Revving Up The Growth Engine
- Exxon Mobil Corporation management is making more plans to assure growth for the foreseeable future. Exxon Mobil is looking to double recoveries from the Permian unconventional business. The CEO of Occidental Petroleum already mentioned the injection of carbon dioxide into unconventional wells to enhance unconventional recovery rates.
- 07/01/2023
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You Can't Control Oil Prices, but You Can Control What You Do About Them
- If you are selective, you can position yourself well to handle the energy industry's ups and downs. Conservative investors can try the midstream sector.
- 07/01/2023
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 06/30/2023
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The 3 Most Undervalued Retirement Stocks to Buy Now: June 2023
- Undervalued retirement stocks steal the spotlight when it comes to constructing a robust retirement portfolio. These stocks present opportunities for capital growth and offer a steady income stream through dividend payments.
- 06/29/2023
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Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal
- Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc , the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal.
- 06/28/2023
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These High-Yield Dividend Stocks Are Capturing a Potentially Massive Growth Driver for 2030
- EnLink Could generate an additional $300 million of income from carbon capture solutions by 2030. It's one of several pipeline companies working on projects to capture the potentially massive opportunity.
- 06/28/2023
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7 Stocks to Buy for Stubbornly High Inflation
- Stubbornly high inflation creates opportunities within the stock market. That is precisely the environment we are currently within, with May inflation reaching 4.1%, well beyond the Federal Reserve's 2% target.
- 06/28/2023
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Rising Optimism: Analysts Say "Buy" Despite Earnings Uncertainty
- According to FactSet's Earnings Insights report from June 9, although analysts are forecasting S&P earnings to decline in the current quarter, they project EPS growth to return in the second half of the year.
- 06/27/2023
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Exxon Mobil Bull/Bear Debate With David Alton Clark And Callum Turcan
- Exxon Mobil's stock appears moderately undervalued, with strong balance sheet improvements and potential for growth opportunities. The company's stock has already priced in the positive news, and there are concerns about refining margins and potential economic downturns.
- 06/26/2023
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Bright Prospects: 3 Energy Stocks Eyeing a Massive Rally in July
- Despite a recent drop in energy stocks, there are catalysts indicating demand could be on the rise over the coming months. Thus, now may be an opportune time to explore energy stocks with outsized growth potential.
- 06/26/2023
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500 Top Dividend Dogs
- The June/July 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by revenue. To sniff out the best dividend buys, I focused on 68 industry leaders using YCharts 6/22/23 data. Those 68 industry leaders were segmented into 21 business sectors ranging (alphabetically) from apparel to transportation. 58 dividend yielding stocks highlighted those 68 industry leaders and ranged 0.17% to 9.71% in annual yield and ranged -48.62% to 44.50% in broker-estimated one-year price-target-upsides by YCharts 6/22/23 reckoning.
- 06/25/2023
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This Warning Could Mean Big Trouble Is Ahead for Oil Stocks by 2030
- The International Energy Agency expects oil demand to continue growing over the next five years. However, it sees demand growth slowing to a crawl by 2028, with a peak in sight by 2030.
- 06/24/2023
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Exxon Mobil: More Pain Ahead, With The Oil Game Likely Over (Rating Upgrade)
- XOM has declined by -9.4% since our previous Sell rating, with more volatility ahead due to the uncertain WTI spot prices and Powell's pessimistic commentaries. The US SPR inventory continues to dwindle to 350M as well, with lower levels likely being the new normal post-pandemic. The oil rally may be over, with analysts projecting a moderation in XOM's top and bottom line through FY2025, despite the ramp-up in its production output.
- 06/24/2023
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Oregon county sues oil, gas companies including Exxon, Shell, Chevron for deadly 2021 Pacific Northwest heat dome
- Multnomah County in Oregon has filed a lawsuit against oil and gas companies including Exxon, Shell, Chevron for the 2021 deadly heat dome.
- 06/23/2023
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Examining ExxonMobil (XOM) & Chevron (CVX) - A Comparative Analysis
- Both ExxonMobil (XOM) and Chevron (CVX) are capable of sailing through any uncertain business scenario, banking on their solid balance sheets.
- 06/23/2023
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7 Stocks Ready to Sizzle This Summer
- While conventional wisdom – sell in May and go away – suggests that the warmer months might not be profitable for investors, leisure-themed top stocks for summer just might outperform several other sectors. Following a rough period during the Covid-19 years, people want to return to their normal routines.
- 06/22/2023
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Exxon Mobil - Is Good News Priced In? Bull/Bear Thesis With David Alton Clark And Callum Turcan
- Is good news already priced into Exxon Mobil? David Alton Clark, The Winter Warrior Investor, explains why he's bearish on the stock.
- 06/22/2023
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Using Return On Capital Employed To Generate Alpha With Dividend Aristocrats
- Return on Capital Employed (ROCE) is a financial ratio that measures a company's profitability and efficiency in utilizing its capital to generate returns. Strategies that focus on investing in companies with high ROCE or significant improvements in ROCE have historically outperformed the overall market. ROCE should be incorporated into stock research as it is an important metric for evaluating the long-term performance of a business.
- 06/22/2023
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Up 20% in 12 Months, Is ExxonMobil Stock Really a Buy?
- ExxonMobil is one of the largest energy companies on the planet. Management is adept at working through good periods and bad ones in the volatile energy sector.
- 06/22/2023
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Exxon Mobil: Oil Trade Is Over
- Exxon Mobil Corporation stock is unlikely to rally to new highs in the foreseeable future due to the upcoming end of supply disruptions in the oil market. At the same time, the disagreements within OPEC+ along with the increase of American oil production would likely prevent oil prices from reaching 2022 levels anytime soon. While Exxon Mobil's stock was a great growth investment in 2022, it appears that is no longer the case in 2023.
- 06/21/2023
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Buy Right, Sell Right: 2 Top Dividend Buys From Our Top 10 List
- While there are many good quality undervalued stocks, it's clear that some are best in class. I decided to share our picks with the SA community. Here are two of our favorite dividend stocks in the current environment.
- 06/21/2023
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Exclusive: Exxon, Guyana in talks to return unexplored offshore oil areas
- Exxon Mobil Corp and Guyana are in talks over which unexplored offshore areas will be returned to the government, people close to the discussions said, as the nascent oil nation seeks to attract new operators to the country.
- 06/21/2023
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Can ExxonMobil Lead A Second Shale Revolution?
- Exxon CEO Darren Woods laid out his recently challenged his internal staff to double the company's per-well recoveries in its U.S. shale operations in five years.
- 06/20/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/19/2023
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Why Exxon Mobil Is A Stellar Dividend Growth Idea
- Exxon Mobil has significantly improved its balance sheet strength while maintaining its dividend payouts, reducing its net debt by over $30 billion in just over five years. The company's production growth outlook is supported by fracking technological improvements, oil projects in Guyana, and the possibility of a large LNG export project in Tanzania. Exxon Mobil's large cash position and strong free cash flow generation should allow it to continue rewarding income-seeking investors.
- 06/19/2023
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3 Smart Takes on 3 Dumb Stocks
- Have you ever bought the stock of an excellent company only to lose money? It happens all the time.
- 06/19/2023
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3 Oil Stocks to Buy Amid a Murky Outlook for Oil Prices
- Exxon is prepared for the worst -- and well positioned for good times too. Enbridge's business model insulates it from crude oil volatility.
- 06/18/2023
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Investors are Buying Big Oil, is it Time for You to Do the Same?
- It's typically big news when Warren Buffett makes a big buy. That was the case when Buffett's hedge fund, Berkshire Hathaway, Inc. NYSE: BRK.B announced it was significantly adding to its stake in Occidental Petroleum Corporation NYSE: OXY.
- 06/15/2023
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How To Earn $500 Monthly From Exxon Mobil - Exxon Mobil (NYSE:XOM), Goldman Sachs Gr (NYSE:GS)
- Goldman Sachs Group cut its oil price forecast for the third time in six months, a tangible concern for oil investors. Brent crude fell 2.5% Monday to hover around $72 a barrel, while WTI crude slipped more than 3% to $68 per barrel.
- 06/12/2023
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The Best Oil Stocks to Buy Right Now With $500
- ExxonMobil has increased its dividend for 41 years and has a solid balance sheet. Chevron has increased its dividend for 36 years and likewise has a strong balance sheet.
- 06/11/2023
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Nigerian regulator links Exxon to illegal lifting of petroleum from terminal
- Nigeria's downstream oil regulator has alleged ExxonMobil Corp was involved in the illegal lifting of petroleum products from an offshore terminal, according to a letter of complaint to the petroleum ministry seen by Reuters.
- 06/09/2023
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3 Energy Stocks to Watch Amid Sector Struggles
- The Energy Select Sector SPDR Fund (XLE) is off 0.3% at $81.50 at last check.
- 06/09/2023
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Here's Why Hold Strategy is Apt for ExxonMobil (XOM) Now
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 06/09/2023
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ExxonMobil and Oil Majors Embrace the New Energy Revolution: What it Means to Investors
- Oil companies have started investing in line with changing trends in energy. That said, there's no guarantee when it comes to the pace of the energy transition.
- 06/09/2023
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4 Dividend Aristocrat Buys For June And 5 To Watch
- "Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years. "--Kiplinger.com/Investing. 67 Aristocrats, screened as of June 6, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 20.58%-43.58% topped-by TGT & VFC. By yield, VFC topped-all Aristocrats. Top-ten Yields from TROW, ABBV, FRT, BEN, AMCR, IBM, O, WBA, MMM, & VFC, averaged 5.15%.
- 06/08/2023
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Guyana court stays order for Exxon to give unlimited guarantee for oil spills
- A Guyana Appellate Court judge on Thursday temporarily stayed a lower court's order requiring Exxon Mobil and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills.
- 06/08/2023
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The World's Largest Energy Companies In 2023: The Rise Of Aramco, ExxonMobil And The Rest
- After its 2019 IPO, Saudi Arabia's oil champion claimed its spot the biggest of Big Oil.
- 06/08/2023
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2 Market Heavyweights Stealing the Spotlight in June
- As we head into the summer months, one thing remains undeniable: stocks have been significantly stronger in 2023 compared to last year's rough showing, undoubtedly a welcomed development among investors.
- 06/07/2023
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US Equities Mixed at Midday as Energy Stocks Gain
- U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.
- 06/07/2023
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Does Vaca Muerta Hold the Key to Argentina's Crude Boom?
- Argentina's Vaca Muerta oil field is set to achieve an impressive 1 million barrels per day production by 2030, as projected by Rystad Energy.
- 06/06/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 06/06/2023
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My Top Energy Crisis Picks: 2 Dividend Powerhouses
- I expect oil prices to hit triple-digit dollar prices when economic demand bottoms, creating a perfect storm of rising demand and subdued supply growth. I'm gradually adding to my oil position and focusing on value stocks, with a preference for companies with high-quality reserves, efficient production, low breakevens, healthy balance sheets, and dedicated management teams. This article highlights two (and a bonus) oil and gas plays that I believe will outperform their peers and add tremendous long-term value to shareholders.
- 06/06/2023
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Chevron, Exxon Stocks Slide. Lower Oil Prices Are Biting.
- Saudi Arabia has pledged to cut production by another one million barrels a day in July.
- 06/06/2023
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Exxon Mobil Has Ample Upside In Current Environment
- Exxon Mobil offers ample capital appreciation upside, aided by the news that OPEC+ intends to keep a lid on global oil supplies. The company is on track to achieve $9.0 billion in annualized cost reductions by the end of this year. Exxon Mobil's robust cash flow generation and upstream production growth upside in Guyana and the Permian Basin support its fair value estimate of ~$122 per share.
- 06/05/2023
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Exxon Mobil's thinning margins earn downgrade from analysts
- Exxon Mobil Corp has done well relative to its rivals over the past year, but the environment is changing such that there's more risk for the stock in 2023 than 2022, according to analysts at RBC Captial Markets. The firm downgraded the company to Sector Perform from Outperform while maintaining its price target of $125.
- 06/05/2023
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ExxonMobil (XOM) Plans to Double US Shale Output in 5 Years
- ExxonMobil (XOM) currently recovers about 10% of shale resources from its operations.
- 06/05/2023
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Why Are Oil Stocks Up Today?
- American oil stocks like Chevron (NYSE: CVX ) and Exxon-Mobil (NYSE: XOM ) are rising on news that Saudi Arabia has agreed to further reduce its oil production by 1 million barrels/day. Chevron will open this morning at about $158, up 1.25%, after rising 3.8% on June 2.
- 06/05/2023
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Chevron, Exxon, Oil Stocks Rise After Saudi Arabia Pledges Production Cut at OPEC+ Summit
- Jefferies analysts pose the question of whether OPEC+ cutting barrels is “a good or bad indicator” for oil markets and oil stocks. The answer is a bit mixed.
- 06/05/2023
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This Is 1 of the Best Oil Stocks to Buy (and It's Not ExxonMobil)
- This European oil producer is a cash cow.
- 06/04/2023
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Why Chevron and ExxonMobil Stocks Bounced Higher Today
- The two oil giants are apparently on the cusp of making a deal to enter a big new market. This was according to a media report in a top business newspaper.
- 06/02/2023
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Buy These 3 Top-Ranked ETFs and Never Sell
- Investors seeking long-term growth and diversification often turn to Exchange-Traded Funds (ETFs) as a reliable investment option. With their unique advantages, ETFs have gained popularity among both seasoned investors and those new to the market.
- 06/02/2023
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ExxonMobil Signs Deal to Capture Carbon From Nucor's Plant
- ExxonMobil (XOM) will capture up to 800,000 metric tons of CO2 per annum from Nucor's (NUE) facility and store the same at its Louisiana facility.
- 06/02/2023
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Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
- The North African nation's vast reserves and proximity to Europe make it attractive to the U.S. drillers that have huge cash troves to invest.
- 06/02/2023
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Commodity Stocks Are Cheap. Time to Buy Soon.
- The Energy Select Sector SPDR ETF is down about 16% from a multiyear peak in late 2022, and the SPDR S&P Metals & Mining ETF is down about 30%.
- 06/01/2023
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Exxon Mobil Says It Can Make Money Decarbonizing Steel
- Several analysts see the low-carbon business as neutral for the company's shares for now.
- 06/01/2023
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Exxon Accelerates Carbon Capture in Deal With Top US Steelmaker
- Exxon Mobil Corp. plans to capture and bury 800,000 tons of atmospheric emissions annually for steelmaker Nucor Corp. as the largest US oil producer expands its low-carbon business under an agreement announced Thursday. Exxon Low-Carbon Solutions President Dan Ammann said the project will begin operations in 2026.
- 06/01/2023
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ExxonMobil, Nucor Ink Big Carbon Capture Deal
- ExxonMobil and big steel-maker Nucor announced a major carbon capture and storage (CCS) deal Thursday.
- 06/01/2023
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Exxon signs decarbonization contract with steel maker Nucor
- Exxon Mobil Corp. said on Wednesday it signed with U.S. steel maker Nucor Corporation a carbon capture and sequestration (CCS) contract, its first from a hard to abate industry.
- 06/01/2023
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Chevron, Exxon shareholders shun climate proposals at meetings
- Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) shareholders moved en masse to block proposals for the oil giants to ramp up climate targets at their respective annual meetings on Wednesday. Over 90% of Chevron's stakeholders voted against the company setting a medium-term goal to reduce indirect emissions, while just 11% of Exxon Mobil's patrons backed similar targets.
- 06/01/2023
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ESG Blowback: Exxon, Chevron Investors Reject Climate Measures
- The shareholders' votes, along with others in Europe, deal a blow to activists.
- 06/01/2023
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Exxon and Chevron Defeat Climate Proposals, but Some See Momentum
- Shareholders of Exxon Mobil and Chevron rejected measures asking for improved environmental reporting at the companies' annual meetings on Wednesday.
- 05/31/2023
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Guyana judge delays decision on Exxon spill-insurance ruling
- A Guyana appellate judge on Wednesday delayed a decision on a request by the country's environmental agency to stay a lower-court's ruling requiring a consortium led by Exxon Mobil to provide more liability coverage for an offshore oil platform.
- 05/31/2023
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Exxon shareholders reject climate proposals from activist in annual meeting
- Exxon Mobil Corp. shareholders on Wednesday supported the company's energy transition plans, voting against all proposals from activist investors for additional reports or action on climate, including methane measurement, Scope 3 targets and a stronger oil-spill response plan to Guyana.
- 05/31/2023
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What To Expect From Exxon Mobil In 2023
- Exxon Mobil Corporation's Q1 2023 financial results show a deterioration from the previous quarter, with revenue down 12% and share price slightly dropping. The decline in oil prices and increased competition in the energy sector may lead to slower growth in dividend payouts or the need to borrow to pay them. The article initiates coverage of Exxon Mobil with a "hold" rating for the next 12 months, expecting the share price to drop to $96 per share in the next two months.
- 05/31/2023
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Exxon Mobil: Beating Expectations
- Exxon Mobil Corporation first quarter earnings were better than expected. Cash flow was likewise very strong. Growth and declining cost levels largely offset lower commodity prices.
- 05/30/2023
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3 Safe Stocks to Buy (and Never Sell)
- Investors have good reason to be searching out the safest stocks for portfolio stability these days. The potential for dramatic economic disruption remains high despite a new federal debt ceiling agreement.
- 05/29/2023
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7 Undervalued Blue-Chip Stocks to Buy for June 2023
- In the wake of the 2022 stock market rout, astute investors should focus on top undervalued blue-chip stocks. All as these sturdy market contenders promise a silver lining with incredible upside potential for the long-term investor.
- 05/28/2023
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Four bidders vie for stake in Exxon LNG terminal in Italy - sources
- Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said.
- 05/26/2023
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 05/26/2023
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World's biggest investment fund takes on Exxon and Chevron over the climate crisis
- The world's biggest investor in the stock market wants ExxonMobil and Chevron to do more to tackle the climate crisis.
- 05/26/2023
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Did Chevron Just Force ExxonMobil's Hand?
- Chevron is making a highly strategic, accretive, and well-liked acquisition. Exxon has been on the hunt for its next deal.
- 05/26/2023
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Norway wealth fund to vote against Chevron, ExxonMobil CEOs being chairs
- Norway's $1.4 trillion wealth fund, the world's single largest stock market investor, said on Friday it would vote against CEOs at oil majors Chevron and ExxonMobil and also vote against management on several emissions-related proposals.
- 05/26/2023
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Best Retirement Stocks to Buy Now
- The best retirement stocks ideally have high dividend yields that can be sustained. This can lead to steady income and long-term value for retirees.
- 05/25/2023
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3 Oil Stocks to Buy for a Sector Reversal
- The soft inflation report was a sigh of relief for many sectors, especially the energy industry. With high-interest rates, economic slowdown, and weakness across multiple sectors, oil prices have taken a hit.
- 05/25/2023
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Exxon-led group earned nearly $6 bln in Guyana last year
- Exxon Mobil Corp and two partners earned $5.8 billion last year from offshore oil production in Guyana, according to audited results filed in an appeal of a court ruling that found them in breach of insurance obligations.
- 05/24/2023
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This Ultra-High-Yield Stock's Deal With ExxonMobil Could Drive Its Dividend Higher
- Chord Energy is buying acreage from ExxonMobil in the Williston Basin. The deal will enhance Chord's free cash flow and ability to pay dividends.
- 05/24/2023
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10 A-Rated Dividend Aristocrats For The Ultimate High-Yield SWAN Portfolio
- The debt ceiling crisis is coming down to the wire. We're possibly already out of time to prevent default and just don't know it. UBS estimates a short default could create a 20% bear market and a one-month default could lead to a 44% crash.
- 05/24/2023
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7 Safe-Haven Stocks to Buy for Protection From a U.S. Debt Default Disaster
- With the debt ceiling issue rating as perhaps the single-most critical issue for the market right now, investors should consider targeting safe-haven stocks for debt default. Naturally, the U.S. government defaulting on its obligations would probably spark a ripple effect.
- 05/23/2023
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Engine No. 1 CEO on Exxon's lithium investments, EV play
- Engine No. 1 CEO Jennifer Grancio examines Exxon's most recent investment in lithium production, conscious investing amid reshoring trends, and highlights several of Engine No. 1's own supply chain ETFs.
- 05/23/2023
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ExxonMobil (XOM) Signs Deal to Divest Williston Basin Assets
- ExxonMobil's (XOM) divested assets involve about 62,000 net acres in Williston Basin within and adjacent to near-term development program.
- 05/23/2023
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Will Dividends Take Center Stage In The Second Half Of 2023?
- Plenty of individual stocks are notching outsized gains this year, with S&P 500 leaders Nvidia Corp. NASDAQ: NVDA and Meta Platforms Inc. NASDAQ: META more than doubling in price. Advanced Micro Devices Inc. NASDAQ: AMD leaped 63.38% higher on AI optimism, while even Royal Caribbean & plc NYSE: RCL is powering forward with a 61% year-to-date gain.
- 05/23/2023
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Apple, Meta, Exxon Stakes Hiked By Putnam Investments In Q1 While AI-Focused Chipmaker Holdings Trimmed - Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Exxon Mobil (NYSE:XOM), Walmart (NYSE:WMT)
- Putnam Investments, with $169 billion in assets under management as of April, tweaked its technology portfolio in the first quarter and increased its holdings in a major energy company.
- 05/23/2023
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ExxonMobil (XOM) Acquires Drilling Rights in Arkansas Land
- ExxonMobil (XOM) acquires 120,000 gross acres in the Smackover formation of southern Arkansas for more than $100 million from Galvanic Energy.
- 05/22/2023
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Exxon Joins EV Race For Lithium. That Isn't as Big a Deal as It Might Appear.
- Exxon Mobil has bought a plot of land in Arkansas that contains lithium, The Wall Street Journal reported. The metal is a key component in lithium ion batteries that power EVs.
- 05/22/2023
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ExxonMobil, Shell Explode A Pair Of Energy Transition Myths
- In a pair of recent stories, publicly-held oil majors ExxonMobil and Shell exploded a pair of the most popular energy transition-related myths.
- 05/21/2023
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Exxon Joins Hunt for Lithium in Bet on EV Boom
- The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.
- 05/21/2023
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Artificial Intelligence Is Wading Into the Deep to Unlock More Oil
- Shell is using AI to help find and produce more oil from deepwater sources. It's one of a growing number of oil companies seeking to harness the technology to increase production and reduce costs.
- 05/21/2023
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ExxonMobil Doesn't Believe the World's Quest for Net Zero Emissions by 2050 Is Achievable
- Exxon sees net-zero global emissions by 2050 as an unlikely scenario. That's driving its strategy to continue investing in fossil fuels.
- 05/20/2023
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Exxon says Guyana insurance dispute could cut revenue $350 mln/month
- Exxon Mobil Corp on Friday said an ongoing dispute with the government of Guyana over oil-spill insurance could halt production at its first offshore platform, cutting revenue by about $350 million per month.
- 05/19/2023
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ExxonMobil (XOM) Invests More Than $900M in Guyana Since 2015
- ExxonMobil (XOM) and partners approve investments worth more than $42 billion in Guyana, with a significant portion of the budget so far allocated to shipyards in Asia.
- 05/19/2023
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Most stocks end up losing you money. What's an investor to do?
- If you're going to try to retire early and rich by picking the right stocks, there's something you should know first.
- 05/19/2023
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Equinor, Shell and Exxon agree LNG project with Tanzania
- Equinor , Shell and Exxon have reached agreement with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal, Equinor's manager in the East African country said on Friday.
- 05/19/2023
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3 Analyst Downgrades That Smart Investors Won't Ignore
- I'd be the first to agree that Wall Street analysts are often wrong. Quite frequently, in fact, in the case of analyst downgrades, they focus excessively on minutiae, such as tiny “misses” (i.e.
- 05/19/2023
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The 7 Next Trillion-Dollar Companies to Invest in Now
- In the last decade, few companies have touched the magic trillion-dollar valuation. Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), and Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) are the names worth mentioning.
- 05/18/2023
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Exxon rebuts proxy advisor, says net zero emissions scenario 'unlikely'
- Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters.
- 05/18/2023
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Up 20% in 12 Months, Is ExxonMobil Really a Buy?
- ExxonMobil stock has risen roughly 20% over the past year as the broader market has flatlined. The energy giant is outperforming some of its closest peers.
- 05/17/2023
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ETFs in Focus as Oil Prices Rise
- After declining for four consecutive weeks, oil prices rose against the backdrop of the United States' plans to acquire crude for its SPR and the Alberta wildfires. Take a look into ETFs to gain exposure to the energy market.
- 05/16/2023
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Exxon Mobil: $75 Oil Won't Last
- The recent pullback of oil prices has made the energy sector the most attractive market sector. Peering into the future, I do not see oil prices stuck at the current $75 level.
- 05/16/2023
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Exxon settles Indonesia torture case that led to SEC official's ouster
- Exxon Mobil on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture.
- 05/16/2023
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Exxon Mobil: Great Companies Can Be Overvalued (Rating Downgrade)
- Exxon Mobil Corporation is a great company with an impressive and low-cost portfolio of assets and substantial diversification. However, being a great company doesn't stop Exxon Mobil from being overvalued, the company's profits are single-digits at 80+% Brent.
- 05/15/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 05/15/2023
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Could Occidental Petroleum Really Become the Next ExxonMobil?
- Exxon is the largest U.S. energy company by market cap. Occidental Petroleum has shown it has grand growth ambitious.
- 05/15/2023
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7 Energy Stocks That Are Poised to Explode as Oil Prices Soar in 2023
- The upcoming summer driving season and last month's soft inflation report warrant a look at the energy stocks to explode as oil prices soar. Energy markets have been incredibly volatile since the start of the year.
- 05/15/2023
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Exxon Goes Lean With End of 'God Pod' Era
- The oil company's top management will inhabit a less-lavish executive suite at its glass-dominated campus near Houston.
- 05/14/2023
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Beyond ExxonMobil: These 3 Dividend Stocks Are Smarter Buys Right Now
- TotalEnergies has proven it can survive an energy downturn and benefit from an upturn, and is expanding its clean power business. TC Energy offers more income, predictable growth, and less volatility than ExxonMobil.
- 05/14/2023
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3 of the Safest Energy Stocks to Buy in a Bear Market
- ExxonMobil is an integrated energy giant with a 41-year history of annual dividend increases. Enbridge is a midstream energy giant with 28 years of annual dividend hikes under its belt.
- 05/14/2023
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Is ExxonMobil Stock a Buy?
- Exxon had a great first quarter in 2023. But results were perhaps not quite as robust as they seem at first.
- 05/14/2023
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4 Dividend Aristocrat Buys For May And 6 To Watch
- "Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years. " - Kiplinger.com/Investing. 67 Aristocrats, screened as of May 11, 2023, represented all eleven Morningstar sectors. Broker estimated-top-ten net gains ranged 19.38%-41.39% topped by WBA and VFC.
- 05/13/2023
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Final Trades: IBM, Exxon Mobil, Amylyx, and Home Depot
- The final trades of the day with the Fast Money traders.
- 05/12/2023
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Ex-Dividend Reminder: Alcoa, Exxon Mobil And Chord Energy
- Alcoa will pay its quarterly dividend of $0.10 on 6/2/23, Exxon Mobil will pay its quarterly dividend of $0.91 on 6/9/23, and Chord Energy will pay its quarterly dividend of $1.25 on 5/30/23.
- 05/11/2023
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ExxonMobil vs. Enbridge: Who Will Win the Energy Race?
- ExxonMobil is one of the largest integrated energy companies on Earth. Enbridge is a big North American midstream specialist.
- 05/11/2023
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7 Dividend Aristocrats to Buy and Hold Forever
- While the equities market has performed decently well this year, momentum noticeably faded in the past month, warranting a closer look at the dividend aristocrats to buy and hold. These enterprises command 25 years of consecutive dividend increases, offering a steady hand during troubled times.
- 05/10/2023
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No Dating Game for Buffett
- Watching Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) Saturday in Omaha caused us to think about a very popular 1960s TV show called, “The Dating Game.” Hosted by Jim Lange, the game was played with the host on one side of a wall with a male or female contestant.
- 05/09/2023
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ExxonMobil Is in No Hurry to Spend Its $32.7 Billion Cash War Chest
- ExxonMobil has a massive and growing cash balance. The oil giant is on the lookout for its next acquisition.
- 05/09/2023
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7 Dividend Stocks That Will Pay You Through Any Market Turmoil
- While there's nothing quite as exciting as betting everything on a hot growth enterprise, prudent investors may want to consider the best dividend stocks for market crash. In late April, CNBC reported that investors face the threat of persistently higher inflation while simultaneously digesting a bleak economic outlook.
- 05/08/2023
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Q1 Earnings: Energy Sector in Focus
- Crude oil prices appear to be reversing last week's losses, but prices are down significantly from the year-earlier level. There are multiple factors at play in the commodity's price action, including supply-demand fundamentals to OPEC action, the Ukraine war, the exchange value of the U.S. dollar, and even seasonality.
- 05/08/2023
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Here's how to play oil-industry stocks for long-term growth of 20% or more
- Oil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services companies as good long-term growth investments as offshore production ramps up.
- 05/08/2023
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This Might Be Warren Buffett's FOMO Stock Sector
- The world's greatest investor has been very hit-or-miss with oil stocks. But he keeps going back to the (oil) well.
- 05/07/2023
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Best Stock to Buy: Plug Power vs. ExxonMobil
- An innovative growth stock is pitted against a profit-generating mature stock.
- 05/05/2023
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Final Trades: GDX, Aspen Technology, Exxon Mobil, Apple
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 05/04/2023
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The 3 Most Undervalued Blue-Chip Stocks to Buy in May 2023
- As we enter the month of May 2023, it might be time to consider some undervalued blue-chip stocks to buy. So far, growth sectors such as information technology, communications and discretionary have had solid year-to-date gains.
- 05/04/2023
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Better Buy: ExxonMobil vs. Kinder Morgan Stock
- ExxonMobil gives you exposure to energy prices, and that's a good thing right now. Kinder Morgan has transformed itself in recent years and is a much stronger and more reliable company today.
- 05/04/2023
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Only 2 Companies Are AAA Rated As U.S. Risks Being A Deadbeat
- Lawmakers are playing chicken with the debt ceiling. Luckily there are still two U.S. S&P 500 companies left with AAA credit ratings.
- 05/03/2023
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Why Oil and Gas Majors Chevron, ExxonMobil, and Petrobras Were Plunging Today
- U.S. economic data came in weaker than expected Monday and Tuesday. The Fed looks poised to raise benchmark interest rates again by 0.25 percentage points Wednesday.
- 05/02/2023
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Energy stocks suffer broad selloff, led by Halliburton, as crude oil falls to more than 5-week low
- Energy stocks were suffering a broad beating Tuesday, as a selloff in crude prices was exacerbated by a big decline in the broader stock market. The Energy Select Sector SPDR exchange-traded fund XLE sank 4.4% toward a five-week low, with all 23 equity components losing ground.
- 05/02/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 05/02/2023
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3 Dividend Aristocrats To Help Beat Stagflation
- High Inflation combined with low economic growth creates a period of stagflation, but these stocks can still outperform. All 3 of these dividend stocks have paid a growing dividend for 25+ CONSECUTIVE years.
- 05/02/2023
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Is ExxonMobil Stock a Buy?
- Exxon is one of the world's largest energy companies. The business is built to reward investors with reliable dividend growth.
- 05/02/2023
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FuelCell Energy: Carbon Capture Progress With Exxon Mobil Unlikely To Move The Needle
- Stock rallies after the company discloses a purchase order for third-party supply of long-lead time fuel cell module and tooling equipment with FuelCell Energy providing related engineering support. Based on statements made in the company's respective 8-K filing with the SEC, no material revenue is associated with this order.
- 05/01/2023
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Fossil Fuel Says It Can Be Part of Clean Future. Exxon Mobil Is on Board.
- Both energy companies and the coal-rich state of West Virginia are counting on carbon sequestration to help reduce carbon dioxide emissions even while continuing use of fossil fuels.
- 05/01/2023
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Why ExxonMobil Fell Today
- Exxon was downgraded to "neutral" at Goldman Sachs, but the de-rating appears purely valuation-related. In addition, China's uneven emergence from COVID-19 is causing some concern over oil demand.
- 05/01/2023
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Exxon's stock rally lands it on a downgrade at Goldman Sachs
- Analysts at Goldman Sachs lowered their rating on Exxon Mobil Corp. stock on Monday, saying that the energy giant's “sharp, multi-year outperformance” is now reflected in its valuation.
- 05/01/2023
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FuelCell Energy Skyrockets Higher After Exxon Mobil Orders Equipment: What To Watch - FuelCell Energy (NASDAQ:FCEL)
- FuelCell Energy, Inc FCEL was skyrocketing up over 18% higher at one point on Monday, confirming a new uptrend after the long-term downtrend in which stock has been trading since Feb. 3.
- 05/01/2023
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That One Big Reason To Sell Exxon
- In this article, I am assessing one major reason that could get me to sell my Exxon position, despite having a bullish view of the stock. The company is generating much more cash than anyone expected, leading to high pressure on a major M&A deal and higher buybacks.
- 05/01/2023
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3 Bargain-Basement Stocks to Buy Now and Hold Forever
- Oil and gas producers enjoyed big profits last year as oil prices skyrocketed. Oil supplies remain tight due to Russia's invasion of Ukraine and years of underinvestment.
- 05/01/2023
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FuelCell Energy stock rallies after announcing order with Exxon Mobil for carbon capture technology, support
- Shares of FuelCell Energy Inc. FCEL charged up 2.7% in premarket trading Monday, after the maker of fuel cell technology platforms said it received an order from Exxon Mobil Corp. XOM affiliate ESSO Nederland B.V. for equipment and support needed to implement a potential demonstration of carbon capture at an Exxon Mobil facility.
- 05/01/2023
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Exxon And Chevron Notch Earnings Beats As Big Oil Continues To Fire
- Chevron and Exxon Mobil have announced big earnings beats, as big oil continues to perform exceptionally well in the face of economic uncertainty.
- 04/30/2023
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ExxonMobil Stock Hasn't Looked This Good in Decades
- A follow-up to the three biggest questions we need management to help answer.
- 04/30/2023
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Better Dividend Buy: ExxonMobil vs. Enbridge
- ExxonMobil is an integrated energy giant that's been putting up huge earnings figures. Enbridge is a North American midstream company that's been just as boring as it always tends to be.
- 04/30/2023
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Before Buying Devon Energy, Check Out This Higher-Growth Oil Stock
- Devon could be growth-challenged in the future and its dividend is likely to fall. Hess is poised for rapid cash flow growth.
- 04/30/2023
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Exxon surges in April despite softer oil prices
- The Fast Money traders weigh in on Exxon, which is trading at all-time highs with CNBC's Melissa Lee.
- 04/28/2023
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Why ExxonMobil Stock Bumped Higher Today
- The energy industry standard-bearer published its first-quarter results before trading opened Friday. It beat expectations convincingly on both the top and bottom lines.
- 04/28/2023
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It's Hard Not To Like Exxon Mobil Right Now
- Exxon had a record first quarter in 2023 after an extraordinarily strong year. It had a staggering net income of $11.4 billion. The firm continues to cut costs and show discipline in tailoring its industry-leading upstream portfolio.
- 04/28/2023
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Lack of inventory in energy space will force mergers, says Truist's Neal Dingmann
- Neal Dingmann, managing director of energy research at Truist, joins 'The Exchange' to discuss energy sector stock performance, names to watch in the energy sector, and the potential for consolidation among energy providers.
- 04/28/2023
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ExxonMobil Is Near an All-Time High -- Is the Stock Still a Buy?
- Profits more than doubled even as revenue decreased versus last year. ExxonMobil is moving to expand its carbon capture and storage segment.
- 04/28/2023
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Here's what Exxon CEO had to say on the company's Q1 earnings
- Shares of Exxon Mobil Corp (NYSE: XOM) are in the green this morning even though the oil giant reported a decline in its first-quarter revenue on lower prices. Highlights from CEO's interview with CNBC Investors seem to be focusing more on the fact that it, nonetheless, performed better than expected in its recently concluded quarter.
- 04/28/2023
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PCE Not Weak Enough to Change Fed's Mind; XOM, CVX Report Q1
- Year over year, core PCE came in at cycle lows to +4.6%, but still 10 basis points (bps) ahead of expectations.
- 04/28/2023
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Exxon (XOM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates (Revised)
- While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 04/28/2023
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Core PCE Inflation In Line With Estimations in March
- Core PCE Inflation In Line With Estimations in March.
- 04/28/2023
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Chevron, ExxonMobil Financials Reports Highlight 2023 Uncertainty Over $70 Oil Prices
- First-quarter earnings from Chevron, ExxonMobil and top oil field service firms keep the 2023 outlook for oil prices murky as recession worries continue. The post Chevron, ExxonMobil Financials Reports Highlight 2023 Uncertainty Over $70 Oil Prices appeared first on Investor's Business Daily.
- 04/28/2023
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ExxonMobil Gushes To New Highs
- ExxonMobil's NYSE: XOM stock price has been on a tear since hitting the pandemic bottom, and it looks like that trend is not over. The stock is up more than 200% and could easily take it to 300% given the results, the outlook for oil prices, analyst sentiment and a recent uptick in institutional buying.
- 04/28/2023
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ExxonMobil's Record-Setting Profits Continue. Is it a Top Stock to Buy?
- Exxon delivered a record first-quarter profit even though oil prices were lower. The company's strategy of investing in high-margin assets paid big dividends.
- 04/28/2023
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Exxon Mobil stock up on 1Q beat as production rises
- Exxon Mobil Corp shares climbed after the company reported first-quarter financial results that handily beat Wall Street analyst estimates as production expanded. Significantly, both Exxon and Chevron, the two largest US oil companies, managed their businesses well despite sagging oil and natural gas prices to post earnings growth.
- 04/28/2023
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Exxon Has 40 Billion Reasons to Go Shopping
- A gusher of cash and a richly priced stock could steer the supermajor toward a deal.
- 04/28/2023
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Exxon Mobil (XOM) Beats Q1 Earnings Estimates
- Exxon Mobil (XOM) came out with quarterly earnings of $2.83 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.07 per share a year ago.
- 04/28/2023
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Exxon Mobil CEO Darren Woods: Industry could be very successful with the prices we see today
- Exxon Mobil CEO Darren Woods joins 'Squawk Box' to discuss the company's first-quarter earnings results, production outlook, and more.
- 04/28/2023
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ExxonMobil, Chevron earnings down from record levels but top forecasts
- Despite falling gas prices, ExxonMobil and Chevron reported bumper profits last quarter. While they were lower than last year, they still beat Wall Street forecasts, as well as where they were ahead of the spike in energy prices that followed the invasion of Ukraine more than a year ago.
- 04/28/2023
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ExxonMobil, Hess Announcements Add To Guyana's Oil And Gas Bonanza
- The oil riches potential offshore the tiny South American nation of Guyana grew even larger this week with a pair of announcements of new successes in the prolific Stabroek block under development by a consortium led by ExxonMobil.
- 04/28/2023
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The moderated demand for oil with impact earnings from Exxon and Chevron, says RBC Capital Markets
- Biraj Borkhataria, Associate Director of European Research at RBC Capital Markets, previews earnings from Exxon Mobil and Chevron.
- 04/28/2023
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Exxon Mobil Beats Earnings Expectations. The Stock Rises.
- The company's adjusted earnings were $2.83 a share, compared with a consensus of $2.60 on FactSet.
- 04/28/2023
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Exxon Mobil reports record earnings that beat expectations and revenue that fell but topped forecasts
- Exxon Mobil Corp. XOM reported Friday record first-quarter earnings that beat expectations, and revenue that declined as lower prices and crude and natural gas realizations impacted results, but was above forecasts. The oil and gas giant's stock slipped 0.2% in premarket trading.
- 04/28/2023
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Exxon and Chevron Are Strong, but Flat Earnings Could Hold Down the Stocks
- The oil companies had record earnings last year, driven by the war in Ukraine. Now, with new numbers due out Friday, investors are waiting for the next catalyst.
- 04/27/2023
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Energy Crisis: 3 Oil Stocks That Get You Paid Handsomely
- Energy Crisis: 3 Oil Stocks That Get You Paid Handsomely.
- 04/27/2023
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Final Trades: 3M, Exxon, CarMax & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 04/26/2023
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Chevron Stock A Better Bet Than Exxon Mobil? Wall Street Sees Profit Down 20% For Both In 2023
- Chevron stock might outperform its larger rival Exxon Mobil in 2023. Investors will have to wait for Q1 earnings this week to see if its possible.
- 04/26/2023
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All 133 Dividend Aristocrats Ranked By Growth
- All 133 Dividend Aristocrats Ranked By Growth.
- 04/26/2023
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Should Investors Buy Chevron or Exxon Mobil Stock Ahead of Q1 Earnings?
- With crude oil prices recently edging toward $80 a barrel investors may be wondering if it's time to buy Chevron (CVX) or Exxon Mobil (XOM) stock before their first-quarter earnings reports on Friday, April 28.
- 04/25/2023
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Is It Time To Buy XOM Stock As Exxon Mobil Flirts With Its All-Time High?
- XOM stock is within 3% of its February all-time high. Exxon reports earnings this week.
- 04/25/2023
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Is a Beat in Store for ExxonMobil (XOM) in Q1 Earnings?
- Higher production and favorable price are likely to have boosted ExxonMobil's (XOM) earnings in Q1.
- 04/25/2023
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7 Controversial Brands That Are Actually Great Stock Buys
- With partisan pundits across the ideological spectrum throwing pejoratives such as “woke” or “fascist,” it's time to have a substantive discussion on controversial brands. As investors, we shouldn't let memes and labels define how we conduct business.
- 04/24/2023
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The 3 Greatest Value Stocks to Buy Right Now
- The stock market remains volatile. With inflation elevated, the Federal Reserve continuing to hike rates and geopolitical tensions running hot, there is plenty for investors to worry about.
- 04/24/2023
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Exxon Mobil, Chevron, and Imperial Oil earnings preview: 1Q optimism bodes well for Big Oil
- Exxon Mobil Corporation (NYSE:XOM) is expected to report its first quarter 2023 financial results, for the period ending March 31, 2023, before the market opens on Friday, April 28, 2023. The analyst consensus forecast is for earnings per share (EPS) of $2.65, up from $2.07 during the same period last year, according to Zacks Investment Research.
- 04/24/2023
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Supreme court denies Exxon and other energy companies' appeals in climate suits
- The Supreme Court on Monday rejected appeals from oil and gas companies that are fighting lawsuits from state and local governments over whether they can be held responsible for harms resulting from global warming.
- 04/24/2023
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3 Top Dividend Stocks For Your Late April 2023 Watchlist
- Top dividend stocks to check out this week.
- 04/24/2023
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 04/24/2023
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Chevron Vs. Exxon: Hold One, Sell The Other
- Chevron Vs. Exxon: Hold One, Sell The Other.
- 04/24/2023
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Final Trades: MRK, MCD, XOM & GOOGL
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 04/21/2023
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Buy These 2 Oil Giants Before They Report Earnings?
- Energy has been the best-performing sector in the market for two years, but can it continue? On Friday, April 28 the two largest US-based oil companies, Exxon Mobil XOM and Chevron CVX report their quarterly earnings.
- 04/21/2023
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ExxonMobil to Release First Quarter 2023 Financial Results
- IRVING, Texas--(BUSINESS WIRE)--ExxonMobil to Release First Quarter 2023 Financial Results
- 04/21/2023
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/21/2023
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Why ExxonMobil Stock Dropped Today
- The company reports first-quarter earnings next week, and Wall Street analysts are fine-tuning their predictions. Piper Sandler cut its price target on Exxon this morning, while HSBC raised its target.
- 04/20/2023
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DIVB: Shareholder Yield Is A Good Idea, But Cambria Did It Better
- DIVB: Shareholder Yield Is A Good Idea, But Cambria Did It Better.
- 04/20/2023
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A Bull Market Is Coming: 3 Good Reasons to Buy ExxonMobil Stock Right Now
- While oil prices have softened this past year, they are likely headed higher again. Exxon also sees a massive growth opportunity in low-carbon energy services.
- 04/20/2023
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These 2 Market Heavyweights Have Recently Seen Price Upgrades
- Many investors are familiar with price targets, as they represent analysts' expectations of a stock's future price.
- 04/19/2023
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Exxon stock price forecast: UBS sees 25% upside from here
- Shares of Exxon Mobil Corp (NYSE: XOM) have gained nearly 17% over the past month but a UBS analyst says the upside will continue to unravel moving forward.
- 04/19/2023
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Why Exxon (XOM) is Poised to Beat Earnings Estimates Again
- Exxon (XOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/18/2023
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Exxon (XOM), Chevron (CVX) CEO Pays Dwarf Median Worker Salaries
- ExxonMobil (XOM) and Chevron (CVX) increase their CEO pay as workers struggle to meet ends.
- 04/18/2023
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4 Integrated Energy Stocks Set to Escape Industry Weakness
- Analysts expect a mild recession in the latter half of this year since the recent failures of banks have led to a tighter lending environment, thereby spurring market volatility. ExxonMobil (XOM), Chevron (CVX), BP (BP) and YPF Sociedad (YPF) will probably overcome market challenges.
- 04/18/2023
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Sintana Energy says Exxon Mobil to withdraw from joint operating agreement with subsidiary
- Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) revealed that it has received notice from Exxon Mobil Corporation (NYSE:XOM) that it will withdraw from a joint operating agreement (JOA) with Patriot Energy Oil and Gas Inc, a subsidiary of Sintana, effective May 31, 2023. ExxonMobil also said it intends to withdraw from a contract with the Agencia Nacional de Hidrocarbons (ANH) after obtaining the necessary government approvals.
- 04/18/2023
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Exxon Mobil Corporation And XLE: Kevin O'Leary Is Right, Energy Is Golden
- Renowned Shark Tank personality Kevin O'Leary loves energy stocks so much to call them "golden." He especially highlighted the ample cash flow and generous distribution here.
- 04/17/2023
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3 No-Brainer Discount Stocks That Smart Investors Are Scooping Up
- The SEC requires money managers to disclose their investments each quarter. These filings can be a good source of investment ideas.
- 04/17/2023
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Bank Earnings, Charles Schwab Takeover And Clean Energy With Kirk Spano
- sankai Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify 2:00 - Fed rhetoric and interest rates 4:50 - Recent bank earnings, what it means for the financial sector.
- 04/16/2023
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Prediction: These 2 Stocks Could Skyrocket in the Next Bull Market
- Energy is the lifeblood of economic activity and, like it or not, oil and natural gas are still vital global energy sources. Pioneer Natural Resources and Devon Energy both have a unique way of rewarding investors via dividends.
- 04/15/2023
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Kazakhstan Files $16.5B Oilfield Arbitration Claim
- Kazakhstan launches a $16.5 billion arbitration case against a consortium developing its Kashagan and Karachaganak oilfields, alleging unauthorized spending and disputing profit-sharing deductions.
- 04/14/2023
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M&A Activity: Down but Still Alive in 2023
- Mergers and acquisitions (M&A) activity has witnessed a slowdown, with market volatility and lingering economic uncertainty weighing heavily on potential deals. However, it's not entirely dead.
- 04/13/2023
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7 Dividend Stocks to Buy That Are Benefiting from the Energy Boom
- Although society at large looked forward to a broader normalization cycle, the sudden interest in energy-related dividend stocks to buy signaled that the post-pandemic paradigm still has serious bite. Earlier this month, the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — surprised the world with a shock oil production cut.
- 04/12/2023
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Exxon Mobil And Pioneer Natural Resources: Another Potential Deal That Doesn't Change The Narrative
- Is Exxon Mobil at it again? In what would be its first major deal since the ill-timed XTO acquisition, Exxon is reportedly interested in taking out Pioneer Natural Resources. Unlike its major U.S. peers Chevron and ConocoPhillips, both of which bought assets during the pandemic's low-price environment, the price of oil is now relatively high.
- 04/12/2023
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7 Blue-Chip Stocks That Are Crushing the Market in 2023
- Most readers will be aware of the virtues blue-chip stocks possess: They're large, well-established companies with a financially sound business that lends great credibility to their equity in general. These companies are household names with track records of steady growth and operational profitability in some cases over decades.
- 04/12/2023
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ExxonMobil's (XOM) Prosperity FPSO Reaches Guyana Stabroek Block
- The Prosperity vessel will be permitted to ExxonMobil (XOM) to operate on the Payara project offshore Guyana.
- 04/12/2023
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Exxon stock jumps after Pioneer acquisition talks
- Exxon stock (NYSE: XOM) has turned green after news emerged that Exxon Mobil Corp is in potential acquisition talks with oil and gas company Pioneer Natural Resources (NYSE: PXD). The news emerged first on Monday and it sent the XOM stock up nearly 6% on that day.
- 04/12/2023
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These 5 Dividend-Paying Oil Stocks Could Be Next If Exxon Buys Pioneer Natural Resources
- One of the biggest stories that emerged over the holiday weekend was that energy conglomerate Exxon Mobil Corp.
- 04/11/2023
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Exxon Deal Hunt Signals Possible Shale M&A Wave
- A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work.
- 04/11/2023
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Exxon eyes Pioneer, but who will be next to join the consolidation game?
- While European oilers such as BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) are expected to splash the cash from the recent oil price windfall on share buybacks and inflated dividends, their American counterparts are seen as a little more gung-ho.
- 04/11/2023
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Deal or no deal: Will ExxonMobil buy Pioneer?
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Aaron Glick, merger and event strategist at Cowen, joins the show to discuss a potential deal between ExxonMobil and Pioneer, as reported by the Wall Street Journal.
- 04/10/2023
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Markets Flat (Russell +1%) with Econ Data Pending
- What we see here in a flat trading day is market participants biding their time before the next potential market catalyst.
- 04/10/2023
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LNG demand will be a huge tailwind for gas in 2025, says Truist's Neal Dingmann
- Neal Dingmann, Truist managing director, joins 'Closing Bell: Overtime' to discuss energy M&A.
- 04/10/2023
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Three Stock Lunch: Exxon, Micron and Charles Schwab
- Quint Tatro, Joule Financial CIO, joins 'Power Lunch' to discuss Tatro's investing take on three stocks.
- 04/10/2023
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Exxon doesn't want to buy at ‘top of the commodities cycle' amid Pioneer deal: Analyst
- Jason Gabelman, TD Cowen Director of Sustainability and Energy Transition, joins Yahoo Finance Live anchors Seana Smith and Jared Blikre to discuss ExxonMobil's potential acquisition of Pioneer Natural Resources, amid the OPEC+ production cuts.
- 04/10/2023
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Is Exxon buying Pioneer Natural Resources?
- Pioneer Natural Resources Co (NYSE: PXD) jumped 12% this morning following a report that Exxon Mobil Corp (NYSE: XOM) may be interested in buying the hydrocarbon exploration company. Here's what we know so far According to the Wall Street Journal, Exxon has held informal talks with the Texas-based firm over a possible acquisition.
- 04/10/2023
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 04/10/2023
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ExxonMobil (XOM) in Talks to Acquire Shale Driller Pioneer
- The acquisition will offer ExxonMobil (XOM) a leading position in the Permian Basin of West Texas and New Mexico, an area crucial to its growth plans.
- 04/10/2023
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Oil on the Rise: 5 Compelling Arguments Supporting a Bullish Market Outlook into Year End
- Since the pandemic lows, crude oil prices have soared, returning to levels not seen in nine years. The United States Oil Fund ETF ( USO ), a popular proxy for crude oil, has had a breathtaking march higher since reaching panic lows in April 2020.
- 04/10/2023
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Pioneer Natural Resources shares climb on Exxon takeover talk rumors
- Pioneer Natural Resources (NYSE:PXD) shares rose more than 7% in early trading on Monday after the Wall Street Journal reported that Exxon Mobil Corp has held preliminary talks to acquire Pioneer, a West-Texas based driller that owns numerous oil reserves in a key shale region in the US. Pioneer, with a market cap of about $49 billion, would be Exxon's biggest acquisition since merging with Mobil Corp in 1999, and would give the oil giant a dominant position in the oil-rich Permian Basin of West Texas and New Mexico, a region that Exxon previously announced is an important part of its growth plans.
- 04/10/2023
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Pioneer Natural Resources Jumps On Reported Exxon Takeover Talks
- Pioneer Natural Resources jumped Monday after the Wall Street Journal reported Exxon Mobil has held early talks in buying the Permian Basin shale giant. The post Pioneer Natural Resources Jumps On Reported Exxon Takeover Talks appeared first on Investor's Business Daily.
- 04/10/2023
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2 Canadian Mid-Cap Dividend Payers Energized For Growth
- Investors on the hunt for little-known stocks setting up for big gains can look north: Two mid-cap Canadian energy companies, Crescent Point Energy Corp. (NYSE: CPG) and Ovintiv Inc. (NYSE: OVV) , gapped higher in early April.
- 04/10/2023
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Pioneer Natural Resources stock jumps after WSJ report of merger talks with Exxon Mobil
- Shares of Pioneer Natural Resources Co. PXD, -1.06% powered up 6.4% toward an eight-week high, to pace the S&P 500's SPX, +0.36% premarket gainers, after the Wall Street Journal reported that the fracking company has held preliminary talks with Exxon Mobil Corp. XOM, -1.66% over a possible acquisition. Exxon's stock fell 0.9% while futures ES00, -0.51% for the S&P 500 SPX, +0.36% shed 0.5%.
- 04/10/2023
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Exxon Claims Low Carbon Revenue Could Be Bigger Than Oil - But Not For Now
- Exxon Mobil is predicting that the market for low carbon clean energy is going to be worth trillions over the next decade.
- 04/10/2023
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ExxonMobil Is on the Prowl for a Mega-Oil Deal
- ExxonMobil has reportedly held informal talks with Pioneer Natural Resources and at least one other company. Exxon is considering putting its oil-fueled windfall to work on a deal to enable it to leverage its expertise in the Permian.
- 04/10/2023
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ExxonMobil: Eyes on the Permian Prize
- ExxonMobil was once known for exploring for oil in all sorts of exotic places, but right now its own back yard is looking like the best option.
- 04/08/2023
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ExxonMobil And Pioneer: A Match Made In Las Colinas
- Longstanding rumors of a potential merger between ExxonMobil and Pioneer Natural Resources rose again Friday with a report that the two Permian Basin giants have held informal discussions in recent weeks.
- 04/08/2023
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Exxon Mobil: A Billion Here, A Billion There
- Management is attacking costs by selling unwanted assets and investing in new low cost and value added proposals. The combination of sales and investments is lowering the corporate breakeven.
- 04/08/2023
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A Tremendous Growth Opportunity For Exxon Mobil
- At its core, Exxon Mobil is focused on the fossil fuel space, with its operations largely dedicated to oil and gas extraction and refining. To prepare for the future, management is making some big moves that have the potential to pay off significantly.
- 04/08/2023
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Exxon Mobil, Johnson & Johnson, Alphabet: Stocks That Defined the Week
- Here are seven major companies whose stocks moved on the week's news.
- 04/07/2023
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Exxon held talks with Pioneer Natural about potential deal: WSJ
- Exxon Mobil Corp. XOM has held informal talks with Pioneer Natural Resources Co. PXD about a possible acquisition, The Wall Street Journal reported Friday, citing people familiar with the matter. Exxon has been exploring options to put its cash to use and its executives have discussed a potential tie-up with at least one other company, although it sees Pioneer as a top target, according to the report.
- 04/07/2023
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Want Decades of Passive Income? 2 Stocks to Buy Now.
- Oil and natural gas are being displaced by electricity, but it won't happen immediately. ExxonMobil has navigated the energy landscape for decades while still increasing its dividend.
- 04/07/2023
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5 Recession-Proof Stocks With High Cash, Low Debt, Strong Dividends To Protect Your Portfolio In 2023
- Markets are increasingly concerned about an impending recession following the latest U.S. economic data, which showed a slowing in the pace of growth in the labor market and service sector activity in March as a result of the first negative spillovers arising from elevated interest rates and banking sector difficulties.
- 04/07/2023
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Anatomy of a Bear Flag: 3 Stocks to Consider
- Shorting is always a challenging endeavor. However, with the current market environment, savvy long/short traders can find success by sizing up the technical patterns in individual securities and managing risk.
- 04/06/2023
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ExxonMobil (XOM) Expects Its Low-Carbon Business to Surpass Oil
- ExxonMobil (XOM) plans to spend $7 billion through 2027 in its Low Carbon Solutions business unit to help others lower emissions.
- 04/06/2023
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3 Energy Stocks With Strong Dividend Yields & Safe Payouts
- DINO, XOM and FANG are three fundamentally and operationally strong energy companies that should enable you to live off dividends through sector volatility.
- 04/06/2023
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Exxon Mobil: The Party Is Over
- As many of you know, I am the leader of an Income Investing Group here on Seeking Alpha, so let me share a little of my background as an investor and how that helps shape my thinking here with Exxon Mobil Corporation. My father was a stockbroker before me and managed his own retirement portfolio. He called his system the "Diversified Income Method."
- 04/06/2023
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3 Discounted Dividend Stocks With Combined 150+ Years Of Dividend Growth
- All three of these dividend stocks have paid a growing dividend for more than 25 years each
- 04/06/2023
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Energy Income Weekly: Improving Oil Market Fundamentals To Drive Energy Outperformance
- The energy sector gained 6.3% in response to surging oil prices and improving oil-market fundamentals. Oilfield services was the best-performing energy sub-sector.
- 04/06/2023
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ETFs to Play on Surprise Output Cut Decision By OPEC+
- The surprise decision of OPEC+ to cut its production supply caused oil prices to rise. Check how energy ETFs are affected
- 04/05/2023
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The 7 Best Oil and Gas Stocks to Buy in April 2023
- With crude oil prices zooming back above $80 per barrel, you may be wondering about the best oil and gas stocks to buy. A further rise in spot petroleum prices could spark a bigger rally in energy stocks, which have perked up after trending lower in early 2023.
- 04/05/2023
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Exxon Thinks Low-Carbon Sales May One Day Rival Oil's
- On Tuesday, Exxon told analysts that its low-carbon revenue could eventually be “measured in the hundreds of billions of dollars."
- 04/05/2023
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Exxon Mobil Embraces The Future - Now What
- Exxon Mobil Corporation has announced its low-carbon plans, implicitly highlighting the impacts of its industry and its need to change. The company can earn $10s of billions from markets where it has expertise (such as blue and green hydrogen) but it runs a risk of not diversifying into renewables.
- 04/05/2023
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ExxonMobil's low carbon president: Decarbonization is building 'compelling' new business for us
- Dan Ammann, ExxonMobil low carbon solutions unit president, joins 'Squawk Box' to discuss what the low carbon solutions unit does, the company's partnerships and more.
- 04/05/2023
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ExxonMobil Is Racing to Capture This Multitrillion-Dollar Opportunity
- ExxonMobil sees an enormous opportunity in CCS. The company has already started to commercialize the technology.
- 04/05/2023
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Exxon Mobil forecasts 'green' profits could outstrip fossil fuels in ten years
- Exxon Mobil, the US's largest oil company said yesterday that within a decade it could be making more from decarbonisation than fossil fuels. Heavily criticised by environmental groups for its slow progress on ‘greening' its business, Darren Woods, chief executive, said he sees energy transition as a ‘multi-trillion' dollar market in ten years and even larger going forward.
- 04/05/2023
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Exxon Pulls Back from Oil Drilling in Brazil. The Stock Slips.
- Exxon has stopped drilling efforts in offshore Brazil and shifted geologists and engineers to other countries, The Wall Street Journal reported.
- 04/05/2023
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3 Must-Have Oil Stocks to Buy After OPEC Production Cuts
- The Organization of the Petroleum Exporting Countries (OPEC) set the oil market on fire by announcing a production cut of 1 million barrels per day beginning in May. Although many experts weren't surprised that a cut occurred, the size of the cut was unexpected.
- 04/05/2023
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The 5 Best- and Worst-Performing Mega-Cap Stocks in March 2023
- March was a roller-coaster ride for the stock market. The market dropped early in the month following the collapse of three financial institutions (Silicon Valley Bank, Signature Bank and Credit Suisse) but gained in the second half after the government revealed measures to handle the crisis.
- 04/04/2023
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Lightning round: Pioneer over Exxon, it has a better yield
- Mad Money host Jim Cramer weighs in on all manner of stocks, including AEHR, Solaredge, Exxon, Amprius, Goldman Sachs, Gaming and Leisure, Ready Capital Group, Ally Financial, McKesson Corp and Endeavor Group.
- 04/04/2023
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Exxon sees oil, gas prices taking some of the shine of its Q1 earnings
- Exxon Mobil Corp. XOM, -0.96% said in a filing Tuesday that it expects oil prices in the first quarter to knock between $600 million and $1 billion out of its upstream earnings in the quarter as compared with the fourth quarter, and gas prices to dial down upstream earnings by between $400 million and $800 million, among other impacts. The energy giant detailed oil- and gas-prices effects ahead of its first-quarter earnings scheduled for late April.
- 04/04/2023
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Rising Oil Prices? 3 Stocks Worth Considering
- Energy stocks are seeing increased attention from investors following a surprise production cut from OPEC on Sunday. After retreating in 2023 and particularly so throughout March, oil prices surged on the news.
- 04/04/2023
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Exxon Mobil: Sell The OPEC+ Rip
- Oil jumped on the OPEC+ decision to cut oil production again. Exxon Mobil Corporation is back trading near all-time record levels, despite substantially lower energy prices.
- 04/04/2023
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ExxonMobil Emphasizes Hydrogen, CCS In Low Carbon Solutions Spotlight
- During a session highlighting its Low Carbon Business Solutions business unit Tuesday, executives from ExxonMobil highlighted major opportunities in the unit's current business plan located in Texas and Louisiana.
- 04/04/2023
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Energy stocks jump following OPEC+'s unexpected production cut
- Yahoo Finance Live anchors Seana Smith and Dave Briggs report on the jump in energy stocks amid a cut in oil production by OPEC+.
- 04/03/2023
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In the News: Merger Monday, WYNNing Macau Numbers, & Surprise Oil Cuts
- Though the major indices were quiet in early trading Monday, the weekend was chock full of big news items.
- 04/03/2023
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Why Energy Stocks Like ExxonMobil and Chevron Are Rallying on Monday
- Key members of the Organization of the Petroleum Exporting Countries are cutting production to raise the price of oil. Oil drillers and refiners' costs are relatively static, making oil price increases a major profit-growth driver.
- 04/03/2023
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OPEC Slashes Production: The Start of a New Oil Bull Market?
- Oil prices jumped 5% overnight as OPEC+ announced a surprise production cut of 1.65 million barrels per day. The cut will start in May and last through the end of the year.
- 04/03/2023
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My Top 10 High Yield Dividend Stocks For April 2023
- I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The annualized rate of return for this watchlist is 14.14% over the past 29 months.
- 04/03/2023
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Best Oil Stocks To Buy Now? 3 To Watch In April 2023
- Check out these three oil stocks in the stock market today.
- 04/03/2023
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Oil Prices Jump on OPEC Output Cut. Exxon, Chevron Rise.
- Analysts revised up forecasts for oil prices in the second half, with one predicting Brent crude may average $101 a barrel.
- 04/03/2023
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OPEC Cuts, Exxon Mobil Wins (Big Time)
- In this article, I start by discussing the implications of the just-announced OPEC production cuts. Exxon Mobil's long-term bull case just got stronger. Supply will remain subdued, yet its own ability to boost output is strong, providing fertile ground for higher shareholder distributions.
- 04/03/2023
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3 Energy Stocks to Buy as Oil Prices Soar
- Finding the right energy stocks to buy is worth the time and effort. The energy sector has long been a favorite among investors looking for steady returns and reliable growth.
- 04/03/2023
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ExxonMobil (XOM) to Sell Stake in Canada Exploration Blocks
- ExxonMobil (XOM) will continue to operate EL 1167 with a 50% interest.
- 03/31/2023
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My Best Dividend Aristocrats For April 2023
- NOBL gave up a big chunk of its January gains in February, finishing the month down 2.36%. March has seen the ETF tumble some more as it's down 1.88% through 3/29. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- 03/30/2023
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The Largest Global Energy Companies Ranked By Quality
- The eight largest energy companies in the world were evaluated for relative quality. Based on this analysis, ConocoPhillips appears to be the best prospect by a very thin margin.
- 03/30/2023
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2 Dividend Growth Stalwarts With Impressive Streaks Going and Yield Twice That of the S&P 500
- Medtronic and ExxonMobil are two top dividend stocks that have been raising their payouts for 40-plus years. Medtronic's business should pick up this year now that China has abandoned its restrictive COVID lockdowns.
- 03/30/2023
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3 Dividend Stocks That Have Been Paying Investors Since the 1800s
- Eli Lilly, ExxonMobil, and the Toronto-Dominion Bank are all solid companies. Impressively, all three have been paying dividends for over 100 years.
- 03/29/2023
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Why This Vanguard Dividend ETF Could Make You Miss Out on the Long-Term Upside of Dividend Stocks
- Buying high-yield stocks is a way to generate income. High-yield stocks tend to be out of favor, so there is a value angle to the investment approach.
- 03/29/2023
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 03/27/2023
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Exxon Vs. BP: Navigating The Green Energy Transition
- BP and Exxon have adopted contrasting approaches to renewable energy, with BP investing heavily in the sector while Exxon remains more focused on its core business. While the sustainable energy transition is inevitable, the profitability of green energy investments is far from certain, distorting oil and gas companies' risk/reward profiles.
- 03/25/2023
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Why ExxonMobil Stock Was a Drag on the Market Today
- The crude oil price dropped notably on the last day of the week. Worries about the economy played a part in this, as did a pronouncement from a top U.S. government official.
- 03/24/2023
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Checking In With 2 Oil Stocks Amid Energy Slide
- Several members of the energy sector are sliding alongside oil prices today.
- 03/24/2023
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Midstream Caught In Middle Of Permian Producer Split
- Public and private producers are parting ways in the Permian Basin. Led by Exxon Mobil, public companies have been steadily adding rigs in.
- 03/24/2023
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Fat Profits Of Exxon, Chevron & Co. To Get Fatter? Oil 'Big Winner' Thanks To China's Reopening
- Oil rallied through the first half of 2022 and peaked at $123.68 on June 14. The commodity trimmed its gain in the second half but ended the year with roughly a 7% gain as opposed to the losses experienced by most other asset classes.
- 03/23/2023
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Exxon (XOM) Surges 4.5%: Is This an Indication of Further Gains?
- Exxon (XOM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 03/22/2023
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Here's Why Hold Strategy is Apt for ExxonMobil (XOM) Now
- Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 03/22/2023
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7 Oil Stocks Bound to Gush in 2023
- After many years of being cast aside, oil stocks came roaring back in a world rocked by inflation and geopolitical uncertainty. Unfortunately, those same oil stocks started off 2023 on the wrong foot.
- 03/21/2023
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7 Defensive Stocks to Buy During This Chaotic Spell
- While it's always a good idea to balance your portfolio with defensive stocks, the present chaos dramatically incentivizes this subsegment. As you've no doubt heard, the U.S. and the rest of the world presently reel from two major banks failing.
- 03/20/2023
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Best Stock to Buy: ExxonMobil vs. Chevron vs.
- Investing in one of these stocks adds a unique advantage to your portfolio.
- 03/20/2023
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ExxonMobil (XOM) Contemplates Divesting LNG Offshore Terminal
- ExxonMobil (XOM) is considering selling its ownership interest in LNG Offshore Terminal Italy while gauging market interest. However, no decision has been made regarding a potential sale.
- 03/17/2023
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M&A wave in this market would make oil supply more stable long-term, says Wolfe's Sam Margolin
- Sam Margolin, Wolfe Research managing director, joins 'Power Lunch' to discuss oil stocks' rough week.
- 03/17/2023
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Exxon Mobil: There Will Be Blood
- Exxon Mobil Corporation's stock is down substantially since my last piece. In that article, I stated that oil and Exxon's stock were most likely heading down, not up as most have surmised. This was in direct contradiction to the consensus view.
- 03/17/2023
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ExxonMobil's new facility to increase capacity by 250,000 barrels per day
- CNBC's Kayla Tausche joins 'The Exchange' to discuss Exxon's expansion plans, meeting long-term energy demand and building energy resiliency through severe weather events.
- 03/16/2023
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Buy These 7 Blue-Chip Oil Dividend Stocks Now While Banks Melt Down the Stock Market
- The best-performing sector last year was energy, and with good reason, given that benchmark pricing in the summer of 2022 hit levels not seen in years.
- 03/16/2023
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Exxon to invest $2 billion on its biggest refinery expansion in the U.S. since 2012
- Exxon Mobil Corp. XOM said Thursday it is planning its biggest refinery expansion in the U.S. since 2012 in the form of a $2 billion expansion of its Beaumont refinery, equal to adding a medium-size refinery. The oil major said the move would increase capacity for transportation fuels by 250,000 barrels a day.
- 03/16/2023
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Is It Time To Buy XOM Stock As Exxon Mobil Gets Beaten Down By Banking Crisis?
- XOM stock is down 15% from February's all-time high. Did XOM get unduly punished during the bank crisis, giving investors a chance to buy?
- 03/15/2023
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Why Chevron, Devon, and ExxonMobil Stocks Are Still Going Down
- Oil prices that fell steadily last week -- and perked up yesterday -- are falling once again on Wednesday. Worries over banking failures and an uptick in oil inventories are contributing to investor worries.
- 03/15/2023
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Chevron, Exxon Mobil Falter As Oil Prices Hit 15-Month Lows
- U.S. oil prices dropped Wednesday to their lowest levels since Dec. 2021 and energy stocks responded. The post Chevron, Exxon Mobil Falter As Oil Prices Hit 15-Month Lows appeared first on Investor's Business Daily.
- 03/15/2023
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The 7 Best Investments for Passive Income in 2023
- While it's always a good time to consider the best investments for passive income, this category enjoys significantly boosted relevance based on recent events. As you've undoubtedly heard, the banking sector suffered a severe confidence hit due to the collapse of SVB Financial Group.
- 03/14/2023
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Chevron, Exxon Mobil, And The Buffett-Gates Disagreement
- Two close friends, Bill Gates and Warren Buffett, disagree on the future of big oil stocks. So far, Buffett has been on the right side of the bet with his Chevron Corporation position. And the thesis here is twofold.
- 03/13/2023
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Why Chevron, Devon, and ExxonMobil Stocks Keep Falling
- A sudden crisis of banking confidence has rattled investors. Oil prices have slid in response, taking the price of oil stocks down with them.
- 03/13/2023
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Is Most-Watched Stock Exxon Mobil Corporation (XOM) Worth Betting on Now?
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/13/2023
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Here's Why ExxonMobil Is a No-Brainer Energy Stock
- ExxonMobil's integrated business model is designed to handle the cyclical energy industry's ups and downs. The international energy giant has a 40-year history of increasing its dividend annually.
- 03/13/2023
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These 7 Dividend Stocks Pay $96 Billion a Year, Combined, to Their Shareholders
- Dividend stocks have an extensive history of outperformance, when compared to companies that don't offer a payout. These seven income stocks generate some of the highest nominal-dollar dividends on the planet.
- 03/12/2023
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Exxon Mobil And Chevron: The Behemoths Of Energy
- After a significant downtrend, oil seems to be bottoming out. Both companies (XOM and CVX) have a proven track records of consistent dividend growth. In addition, share buybacks could put a stable support under the share prices of both stocks.
- 03/10/2023
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ExxonMobil (XOM) to Cut Spending in Europe for Windfall Tax
- ExxonMobil (XOM) criticizes Europe's windfall profit tax imposed on oil and gas companies, as it discourages investment and weakens energy transition efforts.
- 03/10/2023
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Reap Monthly Income With This Combination of 3 Stocks
- While most stocks pay quarterly dividends, investors can still construct a portfolio that allows them to get paid monthly if they position themselves carefully. Who doesn't like payday?
- 03/09/2023
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Can Oil Stocks Continue to Trend Higher? (Buffett Buys More)
- Supply & demand imbalances, geopolitical tensions, and environmental policy has led to higher oil prices. Can the trend continue?
- 03/08/2023
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These 3 Energy Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 03/08/2023
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Exxon: Time To Buy, Sell Or Hold?
- Exxon had a superb fiscal year 2022. Exxon initiated a $50 billion share buyback.
- 03/07/2023
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Exxon Mobil CEO: There is a need to reduce the emissions and we can do that
- Brian Sullivan sits down with Exxon Mobil CEO Darren Woods on 'Squawk on the Street' to discuss his thoughts on inflation and reducing carbon.
- 03/07/2023
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7 Crude Oil Stocks to Buy as Tensions Rise
- Under normal circumstances involving geopolitical tensions between the U.S. and China, conflict tends to negatively affect crude oil stocks to buy. For instance, in 2019, China stated it would impose tariffs on U.S. crude oil imports, sending prices down sharply.
- 03/06/2023
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Exxon Sued by Federal Agency Over Nooses Allegedly Found at Refinery
- Exxon said it disagreed with the EEOC's allegations about the Louisiana plant and has a zero-tolerance policy toward harassment and discrimination.
- 03/06/2023
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Helmerich & Payne Stock, A Lot More Upside Than Meets the Eye
- China's economy has woken up from its long COVID slumber. The 12-month trend for one of the most reliable economic activity indicators, the Caixin Manufacturing PMI, has crossed into expansion levels for the first time since.
- 03/06/2023
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Exxon Mobil sued over 5 nooses displayed at Louisiana facility
- Exxon Mobil Corp. violated federal law for failing to take sufficient action as five hangman's nooses were displayed at its facility in Baton Rouge, Louisiana, the U.S. government said in a lawsuit.
- 03/05/2023
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The Only 7 Energy Stocks That Matter
- The oil and gas sector enjoyed a stellar run at the stock market last year, with the robustness in prices. One of the top exchange-traded-fund in the space, the Energy Select Sector SPDR shot up 57% in value last year.
- 03/05/2023
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Your Dividends Are Only as Reliable as Your Balance Sheets
- When you research dividend stocks, make sure you take the time to examine the safety of a company's balance sheet.
- 03/04/2023
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ExxonMobil is accused of failing to protect workers after 5 nooses were found at its Louisiana chemical plant
- Employees found nooses hung at an ExxonMobil plant, but the company didn't do enough to protect workers, a federal agency says in a new lawsuit.
- 03/03/2023
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Oil companies hit with backlash after bringing in $200 billion in profits last year
- Oil prices skyrocketed in 2022 and firms such as ExxonMobil, Shell, Chevron, TotalEnergies and BP earned record profits. But that spurred backlash.
- 03/03/2023
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This Top Fund Manager Expects A Big Drop In Stocks
- Eli Salzmann, manager of the Neuberger Berman Large Cap Value Fund (NPRTX), doesn't expect the early-year stock market rally to last. The post This Top Fund Manager Expects A Big Drop In Stocks appeared first on Investor's Business Daily.
- 03/03/2023
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Grade My Trade: UBER, XOM, PANW
- CNBC's 'Halftime Report' investment committee, Jenny Harrington, Jim Lebenthal and Steve Weiss, weigh in on Uber, Exxon Mobil and Palo Alto Networks.
- 03/02/2023
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Grade my trade: UBER, XOM & PANW
- CNBC's ‘Halftime Report' investment committee, Josh Brown, Steve Weiss, Jim Lebenthal and Jenny Harrington, weigh in on the Uber, Exxon and Palo Alto trades.
- 03/02/2023
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Energy stocks are ‘in the crosshairs' of Fed policy, analyst says
- The Energy Word Founder Daniel Dicker joins Yahoo Finance Live to discuss the rise in oil prices as traders weigh the optimism of increased demand from China, tightening monetary policy, and the outlook for oil.
- 03/02/2023
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Why Is Exxon (XOM) Down 3.4% Since Last Earnings Report?
- Exxon (XOM) reported earnings 30 days ago. What's next for the stock?
- 03/02/2023
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The $3 Million Dividend Growth Portfolio That Could Secure Your Retirement
- We start by diving into a just-released survey showing high retirement expectations. Unfortunately, data shows that the average investor is far from prepared. Hence, I present a dividend growth portfolio that comes with decent yields, consistent dividend growth, rock-solid business models, and healthy balance sheets.
- 03/02/2023
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U.S. Companies Paid Record Dividends In 2022; Don't Expect That To Continue
- U.S. companies posted 7.6% dividend growth in 2022. Rising interest rates may send investors scrambling for yield this year.
- 03/01/2023
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What Are Blue Chip Stocks? An Overview of Blue Chips
- If you've been looking for smart investments to add to your portfolio, you may have come across the term "blue-chip stocks." Blue-chip stocks are renowned for being reliable investments and can offer numerous advantages.
- 03/01/2023
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Looking To Play Exxon, OXY To The Downside? This Inverse Energy ETF Has 2X Leverage - Direxion Daily Energy Bear 2X Shares (ARCA:ERY)
- Direxion Energy Bear 2X Shares ERY opened slightly lower on Tuesday, in contrast to stock futures, which were flat.
- 02/28/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/28/2023
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Dividend Stocks To Buy Now? 3 For Your Watchlist
- Dividend stocks to watch this week.
- 02/27/2023
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ExxonMobil (XOM) Reduces Workforce for Structural Cost Savings
- ExxonMobil (XOM) reduces its staff by 1,000 personnel in 2022, marking its third year of consecutive workforce decline.
- 02/27/2023
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Exxon Mobil: The Crude Reality
- Exxon Mobil Corporation's stock is rolling over. The stock is down on the week. What's more, the oil price is in a multi-month downtrend. The odds of the narrative that "oil is going to $140 and XOM to $125 in 2023" is getting longer and longer by the day.
- 02/24/2023
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Exxon And Chevron: High-Yield, Inflation-Beating Dream Dividend Aristocrats
- In 2023 it's possible that crude prices could hit triple digits, creating trouble for stocks and bonds. Energy could be the No. 1 sector for a third straight year. XOM and CVX are the only two dividend aristocrats in the oil sector, and haven't cut their dividends in over 100 years.
- 02/24/2023
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Exxon Mobil has reduced its workforce for three straight years, while net income, revenue and the stock price have increased sharply
- Exxon Mobil Corp. XOM, +1.44% disclosed in its 2022 annual report that it had 62,300 employees at the end of last year, to mark a third-straight year that the oil giant's workforce has been reduced. After having 74,900 employees at the end of 2019, a sharp drop in oil prices to start 2020 as the COVID-19 pandemic took hold, led to a 2,900 reduction to 72,000 employees at the end of 2020, and then a 9,000 decline to 63,000 employees at the end of 2021, before another 700 jobs were cut in 2022.
- 02/23/2023
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3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth
- While the top-performing oil-and-gas giants such as Marathon Petroleum Corp. (NYSE: MPC), Exxon Mobil Corp. (NYSE: XOM), Shell plc (NYSE: SHEL), and oil services large cap Schlumberger Limited (NYSE: SLB) get the lion's share of attention, energy mid-caps NOV Inc. (NYSE: NOV), Weatherford International PLC (NASDAQ: WFRD), and HighPeak Energy Inc. (NASDAQ: HPK) are on track to grow earnings at triple-digit rates this year.
- 02/23/2023
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Nearing Retirement? These Stocks Will Pay You for Life
- If you are getting close to retirement and looking for reliable dividend stocks, this trio will keep paying you year after year.
- 02/23/2023
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Here's Why ExxonMobil Is a No-Brainer Dividend Stock
- ExxonMobil made great use of its balance sheet during the pandemic, and energy sector investors should be impressed.
- 02/23/2023
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Exxon Mobil: One Refinery Coming Up To Cure High Margins
- The refinery expansion is equal in size to many refineries. Cenovus Energy is also bringing on the brand new Superior Refinery in Wisconsin.
- 02/22/2023
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Stay Long and Strong on These 7 Stocks
- Although the benchmark equities index got off to a solid start this year, 2023 presents distinct challenges that warrant investors staying the course with reliable stocks to buy. Fundamentally, all eyes center on the Federal Reserve.
- 02/20/2023
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Exxon Mobil Has High-Graded Its Portfolio
- Exxon Mobil Corporation has continued to grow its valuable portfolio of assets, especially including the company's production in both Guyana and the Permian. The company has been slightly growing its production, however, achieving higher margins for each unit of production is much more important.
- 02/20/2023
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This Stock Is a Lot Cheaper Than ExxonMobil Right Now
- ExxonMobil is built to make a lot of money. But this underappreciated refiner is ultra-cheap and built to weather the entire oil market cycle.
- 02/19/2023
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4 Stocks That Have Paid Dividends for 100 Years or More
- This quartet of stocks have paid dividends as far back as when James Monroe was president.
- 02/19/2023
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Why Exxon Mobil Is Falling Today
- The integrated oil and gas major is feeling the impact of global demand concerns.
- 02/17/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/17/2023
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Up 48% in 12 Months, Is ExxonMobil Stock Really a Buy?
- ExxonMobil has been a huge beneficiary of rising energy prices. Going forward, caution is probably in order.
- 02/17/2023
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Top 10 Holdings of Phil Gross and Robert Atchinson
- Phil Gross and Robert Atchinson founded Adage Capital Partners in 2001. Gross was initially a healthcare and retail analyst at the Harvard Management Company (HMC), and later became a partner at HMC.
- 02/16/2023
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7 Energy Stocks Kicking Butt Right Now
- Energy stocks have been one of the few bright spots in the stock market over the past year. In general, rising inflation and interest rates have been major headwinds for most parts of the economy.
- 02/16/2023
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Ohio Train Disaster: What does it mean for the industry?
- A massive train derailment in Ohio sent hazardous fumes into the atmosphere. Norfolk Southern is at the center of the disaster - how will the stock react?
- 02/16/2023
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7 Stocks to Buy as U.S.-China Tensions Flare
- After some signs of an attempt to soothe brewing bitterness, a suspected spy balloon flying over much of the continental U.S. dramatically pressured U.S.-China relations, in turn suggesting that investors need to adjust their stocks to buy accordingly. Essentially, market participants must focus on the essentials as economic consequences may erupt from the flareup in tensions.
- 02/16/2023
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Here's What Safe Dividend Stocks All Have in Common
- If you are a dividend investor, you'll likely favor reliable income streams. Here's what will help you identify safe dividend stocks.
- 02/16/2023
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Exxon Mobil: Still Got Fuel To Rally
- Exxon Mobil is very well positioned to continue benefiting from current energy supercycle by being very efficient in its expenditures, both operating and capital. In the past, the company has generated profits even when crude oil prices were low thanks to strong management. Dividends were paid consistently even during shocks in crude oil prices.
- 02/16/2023
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Exxon Mobil: Bullish Fundamentals Vs. High Price
- Exxon has almost doubled in a year. The oil/gas situation is bullish, but XOM may be fully discounting it.
- 02/16/2023
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Exxon Mobil: Fortunes Are Made At Russia's Expense
- Exxon Mobil has finished the year on a high note thanks to the countless oil supply disruptions that happened in 2022 and were caused primarily by Russia's invasion of Ukraine. There's a case to be made that Exxon would continue to show a decent performance in the following quarters as Russian oil is no longer flowing to Europe en masse.
- 02/15/2023
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Exxon Mobil Corp (XOM) Restructures Units to Cut Costs
- ExxonMobil (XOM) adopts the route of corporate restructuring as part of its cost-cutting plan.
- 02/15/2023
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Multiple Tailwinds Blowing for Oil Stock
- The shares of Exxon Mobil Corp (NYSE:XOM) are fresh off a bullish outside day after the company's quarterly earnings report, and are enjoying tailwinds from Russia's move to reduce oil output.
- 02/14/2023
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Is It Time To Buy XOM Stock As Exxon Mobil Restructures To Save Billions?
- Exxon stock hit an all-time high on Friday. The stock is up almost 7% for the year, but does it have room to run?
- 02/14/2023
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5 Attractive Dividend Stocks From An Emerging Markets Country
- When looking for ways to diversify your investment portfolio outside of the United States, there are plenty of other possibilities. One option is considering companies from emerging markets: in today's article, I will take a deep dive into the Brazilian stock market.
- 02/14/2023
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7 Stocks Generate An Astounding 25% Of The S&P 500's Profit
- If you lack just a handful of key stocks, you're missing out on a sizable chunk of the S&P 500's profit potential. The post 7 Stocks Generate An Astounding 25% Of The S&P 500's Profit appeared first on Investor's Business Daily.
- 02/14/2023
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Exxon Mobil Stock Consolidates Lower: Can The Stock Break To New All-Time Highs? - Exxon Mobil (NYSE:XOM)
- Exxon Mobil Corporation XOM opened down on Monday, in tandem with crude oil futures, which were consolidating lower.
- 02/13/2023
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How To Buy This SwingTrader Stock For A 7% Discount
- If Exxon Mobil stays above 115 at expiry, the put expires worthless, leaving the trader with a 19% annualized return. The post How To Buy This SwingTrader Stock For A 7% Discount appeared first on Investor's Business Daily.
- 02/13/2023
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Exxon Is an Exile on Wall Street and Loving It
- The Dow Jones Industrial Average's shake-up in the summer of 2020 dumped Exxon Mobil, Pfizer and Raytheon just as it was their turn to thrive.
- 02/13/2023
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3 Top Energy Stocks With Impressive Upside Potential in 2023
- Investors assessing how various sectors will perform in 2023 certainly have their hands full. There are plenty of uncertainties to consider, from central bank-related macro concerns to geopolitical issues and a slowing global economy.
- 02/12/2023
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ExxonMobil, Shell lead Big Oil's eye-watering $221 billion profit binge that Biden has slammed as 'outrageous'
- Oil majors have posted record profits for 2022, benefiting from the energy-market turmoil triggered by Russia's invasion of Ukraine.
- 02/12/2023
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Exxon Is Not Letting Dividend Investors Down, Despite the Lack of a Dividend Hike
- Exxon reported a huge earnings increase in 2022, but the dividend is likely to be stuck at the current level for at least a few more quarters.
- 02/11/2023
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Charmaster: Oil prices heading higher?
- Carter Worth of Worth Charting looks at the technicals for oil. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia and Jeff Mills.
- 02/10/2023
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Russia cuts oil output in retaliation over sanctions, energy stocks lead intraday sector gains
- Yahoo Finance markets reporter Jared Blikre talks about the performance of energy stocks.
- 02/10/2023
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Why Oil and Natural Gas Stocks Surged Today
- Russia is cutting oil output in what it claims is a retaliatory move against international sanctions.
- 02/10/2023
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These 3 Companies Generate Serious Cash
- Companies with strong cash-generating abilities are well-established and carry highly-successful business operations, undoubtedly perks that any investor looks for.
- 02/10/2023
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Exxon Mobil Stock Breaks Out On Russia's 500,000 Barrel Threat
- Exxon Mobil advanced Friday after Russia announced it will cut its oil output by 500,000 barrels a day next month, sending crude prices higher. The post Exxon Mobil Stock Breaks Out On Russia's 500,000 Barrel Threat appeared first on Investor's Business Daily.
- 02/10/2023
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Exxon plans to challenge Glencore and Trafigura in commodity trading business - report
- US oil major Exxon Mobil Corporation (NYSE:XOM) is reportedly planning to more aggressive in commodity trading, with a new division aiming to compete with the likes of Glencore and Trafigura. The division seeks to be active in the high-risk, high-reward world of energy derivatives, according to a report by Bloomberg.
- 02/10/2023
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Why ExxonMobil Stock Topped the Market on Thursday
- The company aims to save $9 billion annually on its 2019 spending levels.
- 02/09/2023
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How To Allocate $5,000 Among 5 Dividend Income And Dividend Growth Stocks And ETFs
- In this article, I will show you a portfolio that consists of 5 picks that provide you with Dividend Income and Dividend Growth. When allocating $5,000 between 5 stocks, I would not recommend allocating the amount equally due to the higher risks that such an approach brings.
- 02/09/2023
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Buybacks Or Dividends? What Worked Better So Far
- As oil and gas companies have shifted from survival to cash generation mode, their capital return strategies have come into focus. Some U.S. independents prioritize buybacks while others rely on dividends; few companies employ a mix of both strategies.
- 02/08/2023
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The Oil Giants' Bet On The Super Cycle: Exxon Mobil And BP
- I have been a big oil bull since 2020 when I started to place my bets on the oil price super-cycle. In this article, I start by updating my thesis. In light of this discussion, British BP just decided to invest more in fossil fuels, as it sees higher returns and higher demand in its net-zero scenario.
- 02/08/2023
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In the News: The Race to AI Dominance, Powell's Pump, & Blood Bath & Beyond
- Tuesday's trading session was action packed with several areas of the market making headlines. Andrew Rocco covers some key takeaways.
- 02/08/2023
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4 Dividend Aristocrat Buys For February
- "Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years." - Kiplinger.com/Investing. By yield, VFC topped all Aristocrats. Top-ten yields from TROW, ESS, FRT, AMCR, ABBV, O, IBM, MMM, WBA, & VFC, averaged 4.38%.
- 02/08/2023
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McDonald's and ExxonMobil Have News for Investors
- Plus we look at reasons to be both depressed and uplifted about the economy, debt, and pandas.
- 02/07/2023
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Hedge Funds Love These 8 Dividend Blue Chips, And So Should You
- Hedge funds employ some of the world's brightest analysts, with the most resources for analyzing companies. Lists of the most widely owned blue-chips among hedge funds can be a good source of new investing ideas.
- 02/07/2023
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The Inside Scoop on How ExxonMobil Achieved Its Highest Profit in History
- The oil company put itself in a position to profit last year.
- 02/07/2023
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BP Stock, Lagging Exxon, Blames Renewables, With Earnings Due
- BP stock has rebounded 57% from Oct. 2020 lows of 14.74. Meanwhile, Exxon Mobil stock has ballooned 258% since then.
- 02/06/2023
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 02/06/2023
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This Stock Just Became One of the Most Profitable Companies on the Market
- A unique set of market conditions is paying off for a company that began preparing for them years ago.
- 02/06/2023
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3 High-Yield Energy Stocks to Earn Passive Income for Years
- Each of these three stocks offers something different for passive-income investors.
- 02/04/2023
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S&P 500 Stock Exxon Mobil Leads Top 5 Stocks Near Buy Points
- Exxon Mobil leads blue chips near buy points as market rally gains momentum. The post S&P 500 Stock Exxon Mobil Leads Top 5 Stocks Near Buy Points appeared first on Investor's Business Daily.
- 02/04/2023
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Exxon Mobil Can Continue And Should Accelerate
- The bear case for Exxon Mobil Corporation is based upon projections that in the past have been inaccurate. Analysts "forever" revise quarterly earnings and then still miss them. So a two-year projection even by consensus is not reliable according to research.
- 02/03/2023
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Exxon Mobil Could Gush To New Highs Very Soon
- The market for Exxon Mobil Corporation (NYSE: XOM) was mixed in the wake of the Q4 results because the company did not raise its dividend like Chevron (NYSE: CVX) did. There was a possibility the company could do so, although it was slim, considering it had just increased the payout the previous quarter.
- 02/03/2023
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Top Fund Manager Found A Way To Make Money While Others Lose
- Making money in an up market is easy. But showering investors with gains when stocks fall is far more challenging for the best mutual funds.
- 02/03/2023
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Time to Buy Chevron or Altria Stock After Announcing Buybacks?
- Several companies have announced buybacks this earnings season, increasing their share repurchase programs. The most notable companies implementing lucrative buybacks are oil and gas giant Chevron (CVX) and big tobacco producer Altria (MO).
- 02/02/2023
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Shell Reports Record Profits As Oil Giants—Including Exxon, Chevron—Cash In On Sky-High Prices After Russian Invasion Of Ukraine
- Shell reported nearly $40 billion in profits last year, the highest in the company's 115-year history.
- 02/02/2023
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Energy ETFs in Focus Post Exxon, Chevron Q4 Earnings
- Two big oil giants, Exxon Mobil (XOM) and Chevron (CVX), capped off blockbuster results in 2022 with record annual profit.
- 02/01/2023
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After Further Review, Investors Liked Exxon Mobil's Earnings
- Shares of Exxon Mobil Corporation (NYSE:XOM) are up 1.7% in mid-morning trading after the company posted a record profit in their fourth-quarter and full-year 2022 earnings report. XOM stock had been down 3% in pre-market trading.
- 02/01/2023
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An In-Depth Look At Exxon Mobil's Revenue And Its Determining Factors
- Exxon Mobil Corporation's revenue is heavily influenced by the prices of Brent crude oil, WTI crude oil, and natural gas. A multiple linear regression model was used to estimate the company's revenue for Q1 2023 based on the EIA's short-term outlook for commodity prices.
- 02/01/2023
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ExxonMobil, Chevron's big cash shows cheap gas isn't coming back
- Big Oil companies led by ExxonMobil and Chevron are paying shareholders bigger buybacks and dividends, evidence their outlook on oil prices is confident.
- 02/01/2023
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Big Oil Can Be Lean And Not Mean
- Exxon Mobil and Chevron may be facing government backlash for the profit that they have booked in the past year. But shareholders will be nothing but grateful. Either firm could go shopping – a smaller European oil company might make a nice target. But valuations aren't obviously appealing, with the S&P Global Oil Index of major firms up 11% in the past 12 months, and up 169% from pandemic lows.
- 02/01/2023
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Why ExxonMobil Stock Rallied Today
- The energy colossus posted record profits.
- 01/31/2023
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Markets Close Well into the Green; AMD, SNAP Report Q4
- The Dow gained +356 points, +1.06%; the S&P 500 reached +1.48%; and the tech-heavy Nasdaq rose +191 points, +1.68% for the session.
- 01/31/2023
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Exxon Mobile Posts Record Annual Profit
- Exxon Mobil (XOM) reported 2002 profits that smashed its previous record, boosted by surging oil and gas prices after Russia's invasion of Ukraine.
- 01/31/2023
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Exxon stock rises after boasting record $56 billion of annual profit in 2022
- Yahoo Finance Live Ines Ferre looks at Exxon Mobil shares after the energy giant reported record annual profits in 2022 amid boosted production.
- 01/31/2023
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Exxon's record profits irk White House in energy blame game
- Exxon Mobile's whopping earnings in 2022 irk White House, which called the report "particularly galling" as Americans spent more for gas prices.
- 01/31/2023
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What Happens This Week Will Lead the Market for 2023
- From big tech earnings to employment data and interest rate decisions, this is an extremely significant week for Wall Street
- 01/31/2023
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A $100 Billion Question: Will Exxon or Chevron Go Shopping in Europe?
- Major European oil companies' widening discounts to the two U.S. companies should prompt cross-border M&A talks.
- 01/31/2023
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ExxonMobil (XOM) Q4 Earnings Beat Estimates on Higher Prices
- ExxonMobil (XOM) announces that in 2023-2024, it will be repurchasing a cumulative of up to $35 billion of shares.
- 01/31/2023
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Employment Cost Index Comes in Lowest Since Q4 2021
- Employment Cost Index Comes in Lowest Since Q4 2021.
- 01/31/2023
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Despite Making History, ExxonMobil Underwhelms. Time to Sell the Energy Stock?
- The oil giant's investments paid off last year.
- 01/31/2023
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Exxon Mobil sees mixed 4Q results, but reports epic annual profit of $56 billion
- Exxon Mobil Corporation (NYSE:XOM) posted mixed fourth-quarter financial results, beating earnings estimates but missing on revenue expectations. It still came out on top as one of America's most profitable companies.
- 01/31/2023
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Biggest Earnings Week of the Season: Key Stocks to Watch
- This week is undoubtedly the most important week of earnings season. Andrew Rocco highlights key industries to watch including big tech, biotech, and energy.
- 01/31/2023
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Exxon Mobil (XOM) Surpasses Q4 Earnings Estimates
- Exxon (XOM) delivered earnings and revenue surprises of 2.41% and 5.57%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/31/2023
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Exxon Mobil stock slides 3% premarket after fourth-quarter revenue lags consensus
- Exxon Mobil Corp. shares slid 3% in premarket trade Tuesday, after the oil giant's fourth-quarter revenue fell short of estimates. The company posted net income of $12.750 billion, or $3.09 a share, for the quarter, up from $8.870 billion, or $2.08 a share, in the year-earlier period.
- 01/31/2023
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Markets Close at Session Lows Ahead of Massive Data, Fed
- The Dow dropped -260 points, -0.77%, and it was the outperformer. The S&P 500 was -1.30% on the day, while the Nasdaq sank -227 points, -1.96%.
- 01/30/2023
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Exxon scientists accurately forecast climate change in the 1970s. What if we had listened to them and acted then?
- Writers of speculative- and science-fiction often identify a key point in time and explore how a seemingly insignificant event might change the path of humanity.
- 01/30/2023
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Exxon Mobil Stock Boasts A $30 Billion War Chest, Record Profit Target
- Exxon Mobil (XOM) will report fourth-quarter financial results Tuesday, with analysts expecting the energy giant to close out 2022 with its highest revenue since 2013. Exxon Mobil stock edged lower early Monday.
- 01/30/2023
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ExxonMobil Advances Major Low-Carbon Hydrogen Hub At Baytown
- ExxonMobil announced Monday a key step in the advancement of its plan to mount the largest hydrogen production facility in the world, to be located at its mammoth Baytown Refinery in Baytown, Texas.
- 01/30/2023
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Exxon Mobil Stock Likely To Trade Lower Post Q4
- Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas, and North America's largest energy company by market cap, is scheduled to announce its fiscal fourth-quarter results on Tuesday, January 31.
- 01/30/2023
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2 Mega Trends That May Lead To Profits In 2023
- The turnaround in oil and other commodities in 2022 is well documented. The turnaround in EM markets is much less so. Combine the two and you could have some potentially tremendous profit ideas.
- 01/29/2023
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Want to Profit From the Energy Stock Bull Run? Buy This Dividend Giant
- The biggest names get the most attention, but this smaller European giant could be the better investment.
- 01/29/2023
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Wall Street Week Ahead Recession fears pose challenge to energy shares after stellar year
- A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year's stunning run, despite valuations that are seen as still comparatively cheap.
- 01/27/2023
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ExxonMobil Likely to Report Surge in Q4 Earnings
- ExxonMobil's quarterly sales, profit likely increased, capping a strong year boosted by high oil and natural gas prices that helped its stock price almost double.
- 01/27/2023
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Exxon's Q4 comes hot on the heels of Chevron's giant profit, here's what to expect
- Exxon Mobil Corp. is slated to report earnings before the bell on Tuesday, hot on the heels of results showing a mixed quarter for Chevron Corp., and amid renewed scrutiny over oil giants' share buyback programs.
- 01/27/2023
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Energy will continue to be the 'better sector': Analyst
- Truist Securities Managing Director, Neal Dingmann, discusses why the energy sector will remain competitive. You can watch the entire interview here.
- 01/27/2023
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Chevron, Exxon priorities ‘remain the same' regardless of oil prices: Analyst
- Truist Securities Managing Director Energy Neal Dingmann joins Yahoo Finance Live to discuss Chevron's $75 billion buyback plan, energy earnings, the energy sector's outperformance, a petroleum-less future, and the outlook for Chevron and Exxon Mobil.
- 01/27/2023
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Analyst picks Exxon over Chevron after latter missed profit estimates
- Chevron Corporation (NYSE: CVX) is trading down this morning after reporting its fourth-quarter profit that came in shy of street estimates. Chevron has a new stock buyback programme In its upstream business, the oil and gas behemoth took an 11.9% hit to earnings in the United States.
- 01/27/2023
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Exxon (XOM) Brings an End to Routine Permian Gas Flaring
- ExxonMobil takes steps to reduce greenhouse gas emissions in response to criticisms for having contributed to global warming and rising sea levels.
- 01/27/2023
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Time to Buy Chevron or Exxon Mobil Stock Before Earnings?
- Rounding out this week's earnings, big oil giant Chevron (CVX) is set to report earnings on Friday, January 27 with peer Exxon Mobil reporting next Tuesday, January 31.
- 01/26/2023
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Will ExxonMobil's (XOM) Upstream Business Aid Q4 Earnings?
- Since ExxonMobil (XOM) has significant exposure to the upstream business, a considerable improvement in oil price is likely to have aided Q4 earnings.
- 01/26/2023
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10 Biggest Companies Reporting Earnings in the First Week of Feb 2023
- The fourth quarter earnings season for the S&P 500 didn't get off to a strong start.
- 01/25/2023
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Why ExxonMobil and Chevron Stocks Dried Up Today
- The two energy sector giants were both socked with a price target cut, but one had some encouraging news for its shareholders.
- 01/25/2023
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Exxon stock vs Chevron stock: Goldman Sachs analyst picks a side
- Exxon Mobil Corp (NYSE: XOM) has hardly made any gains over the past three months but a Goldman Sachs analyst remains convinced that the future looks bright for its shareholders.
- 01/25/2023
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Exxon Mobil As A Dividend Aristocrat Stock: Not As Attractive As You Might Think
- Exxon Mobil continues to defy gravity even as markets rolled over in 2022. Although the dividend is relatively safe, there are better alternatives for those looking for passive income streams.
- 01/25/2023
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Is a Beat in Store for ExxonMobil (XOM) in Q4 Earnings?
- Strong contributions from upstream operations are likely to have aided ExxonMobil's (XOM) earnings in Q4.
- 01/25/2023
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Why Exxon or Chevron may want to swoop overseas and buy a rival, Citi analysts say
- There's been a pretty good run in the stock market, at least when the exchanges are functional. Nomura's Charlie McElligott explains that investors have had to “grab” assets due to repricing “right-tail” outcomes higher, as U.S. inflation is cooling, China's reopening and Europe is avoiding a deep recession.
- 01/25/2023
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Why Goldman Sachs is bullish on Exxon Mobil and ConocoPhillips
- CNBC's Pippa Stevens and Goldman Sachs analyst Neil Mehta join 'The Exchange' to discuss energy stocks and why Mehta is bullish on U.S. oil giants like Exxon Mobil and ConocoPhillips.
- 01/24/2023
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Exxon Mobil (XOM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Exxon (XOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/24/2023
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The Secret Reason Behind ExxonMobil's Supercharged Returns
- A lost decade and years of getting lean have turned this oil giant into a cash cow.
- 01/22/2023
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7 Long-Term Stocks Every Smart Investor Should Own in 2023
- Although the volatility of last year may tempt contrarians to go big this year, some funds should be dedicated to long-term stocks to own. Don't get me wrong – under the right circumstances, taking potshots can prove incredibly lucrative.
- 01/21/2023
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Exxon Mobil Stock: Within Striking Distance Of Buy Point
- Exxon Mobil is within striking range of clearing a cup-shaped base that began in November. Q4 results on January 31 could be a catalyst for a price move.
- 01/21/2023
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7 Investments To Avoid In 2023
- As is usual at the start of a new year, many Seeking Alpha contributors have shared their lists of where to put your money during 2023. But not losing money with your investments is almost as important as making money.
- 01/20/2023
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Here's Why Exxon Mobil (XOM) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 01/20/2023
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5 Integrated Oil Stocks From the Promising Industry
- High oil price and mild recession expectations are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), BP and Eni (E) are well-positioned to make the most of the highly favorable business environment.
- 01/20/2023
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Is Now the Time to Buy Oil Stocks?
- Oil prices recovered from the brutal 2020 downturn, making now a time for caution, not irrational enthusiasm.
- 01/20/2023
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5 Stand Out Oil & Energy Stocks to Buy
- Although oil prices are prone to fluctuate, the rising earnings estimate revisions for these stocks are a great sign with several of these equities offering solid dividends to support patient investors.
- 01/19/2023
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Exxon's scientists accurately predicted global warming projections while publicly funding climate change deniers
- Exxon Mobil Corporation (NYSE:XOM) scientists accurately predicted global warming modeling as much as 40 years ago, while the company publicly funded climate change denial groups, according to new reports. Researchers at Harvard recently went public with information that ExxonMobil scientists had predicted with pinpoint accuracy that fossil fuel emissions would lead to 0.20°C of global warming per decade, which has been essentially largely accurate.
- 01/19/2023
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5 January, 2023 Ideal Dividend Be-All/End-All Stocks
- Kiplinger.com, dogsofthedow.com, and growthinvesting.com all published November lists of stocks of note to close 2022. Their seven ‘be-all/end-all' articles covered: Best-Stocks; Best-Dow-stocks; Prosperous-Healthcare-Stocks; Top-Rated Housing; Consumer-Staples; Inflation-Stocks; Tops of 2022.
- 01/18/2023
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Redburn downgrades ExxonMobil to sell from neutral
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 01/18/2023
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ExxonMobil (XOM) Announces 5th Oil Production Project in Guyana
- The fifth development is expected to cost $12.68 billion, 27% more than ExxonMobil's (XOM) last project.
- 01/18/2023
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ExxonMobil Unveils Another Massive Oil Development. Is The Stock Still a Buy Near Its All-Time High?
- The energy giant plans to approve a fifth large oil development off the coast of Guyana.
- 01/18/2023
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Oil Giant Exxon Fuels Buy Point With 159% EPS Growth On Tap
- In demand among the best mutual funds, Exxon Mobil fuels spot among top oil stocks to watch as buy point and earnings near. The post Oil Giant Exxon Fuels Buy Point With 159% EPS Growth On Tap appeared first on Investor's Business Daily.
- 01/18/2023
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A Fresh Reading Of Exxon's Predictions Of Global Warming And Climate Change From 40 Years Ago.
- Exxon predicted global warming and got this right. They also said climate changes are less predictable, and that is right too, despite criticism that they cast doubt on climate science.
- 01/17/2023
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Exxon set to order 5th Guyana oil vessel, sizing up more blocks
- Guyana is hosting an auction for licenses to explore more of its offshore oil fields. Exxon currently dominates these oil fields, but other players smell blood.
- 01/16/2023
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These ‘Deep Value' Stocks Are Ready to Bounce Back
- The underperformance of the markets cheapest stocks in 2022 was an anomaly. Some names to consider.
- 01/16/2023
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3 Stocks to Avoid This Week
- These investments seem pretty vulnerable right now.
- 01/16/2023
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3 Energy Stocks to Buy for 2023 and Beyond
- The oil and gas industry is still priming the pump for growth.
- 01/15/2023
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Will Oil Stocks Once Again Lead The Market As Inflation Eases?
- Better-than-expected inflation data, and optimism about China, sent oil stocks higher Thursday. The S&P large-cap energy sector was the biggest gainer.
- 01/14/2023
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Exxon Mobil Expects Earnings and Cash Flow to Grow
- Exxon Mobil released its five-year plan this week which included growing its earnings substantially and returning more value back to shareholders.
- 01/14/2023
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Here's Why Hold Strategy is Apt for ExxonMobil (XOM) Stock Now
- The positive trajectory in oil price is a boon for ExxonMobil's (XOM) upstream operations.
- 01/13/2023
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‘Deep Value' Stocks Look Ready to Bounce Back From a Tough 2022
- Everyone loves a bargain, but when a bargain looks too good to be true, people shy away. Don't do that with so-called deep-value stocks, which look like real deals right now.
- 01/13/2023
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High Yield Stock Watchlist - January 2023
- There are 15 stocks on my high yield watchlist for January 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.
- 01/13/2023
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Chevron, Exxon and Total keen to invest in India, says minister
- Global energy majors Chevron Corp , Exxon Mobil Corp and TotalEnergies are interested in investing in India's oil and gas exploration and production sector, the country's oil minister said in a speech on Friday.
- 01/13/2023
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The 5 Best- and Worst-Performing Mega-Cap Stocks in Q4 2022
- Last year was a volatile one for the equity market, with rising interest rates, record high inflation and geopolitical tensions triggering broad-based sell-offs.
- 01/12/2023
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Exxon predicted global warming with remarkable accuracy years ago, study shows
- A study from two Harvard academics and one from the University of Potsdam in Germany show that incredible accuracy with which Exxon predicted climate change.
- 01/12/2023
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Why ExxonMobil Stock Was a Mini-Gusher Today
- A bullish new analyst take and news of an asset sale make for a bullish day on the market.
- 01/12/2023
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Exxon's own scientists flagged accurate climate risks even as company execs cast doubt, new study finds
- ExxonMobil's internal climate science research, which began as soon as the 1970s, accurately and regularly predicted the pace and severity of global warming, even as executives publicly said the data wasn't accurate or relevant enough to change the course of further oil and gas development, a new study finds.
- 01/12/2023
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Inflation is Slowing, But is it Enough to Slow the Fed? 3 ETFs to Fight Back
- Investors for now seem to be content with the data. Inflation has slowed for the sixth straight month, after peaking in June 2022 at 9.1%, and is now the lowest it has been since October 2021.
- 01/12/2023
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ExxonMobil's secret projections of the climate crisis were astonishingly accurate, and a legal expert says that's 'a stick of dynamite' for the oil giant's court battles
- Exxon scientists knew about the coming climate crisis in precise detail, a new Harvard study found. Legal experts say the evidence could swing juries.
- 01/12/2023
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Elon Musk Says Deflation Is Already Here: Our Top Picks
- Billionaire Elon Musk recently asserted that we are already in a deflationary environment. He also said that the Federal Reserve may very well drive the economy off a cliff due to the fact that it is using outdated data to set interest rates.
- 01/12/2023
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Oil Stock Fuels Growth While Driving Climate Change Initiatives
- While driving climate change initiatives and cutting carbon dioxide emissions, top oil stock Hess fuels a potential new breakout. The post Oil Stock Fuels Growth While Driving Climate Change Initiatives appeared first on Investor's Business Daily.
- 01/11/2023
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/10/2023
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Exxon Mobil Stock: Nowhere To Go But Down
- Exxon Mobil is up huge on the year. Everyone on the street is bullish on the stock, advising retail investors that the energy sector will continue higher ad infinitum and Exxon is still a buy.
- 01/10/2023
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Why Exxon (XOM) Could Beat Earnings Estimates Again
- Exxon (XOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/09/2023
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2 Trends That Will Make Energy Even More Profitable In 2023
- Oil and gas stocks were by far the best investments in 2022. There are two trends that are reversing and making energy investment possibly even more stellar in 2023 than in 2022.
- 01/09/2023
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3 Stocks to Avoid This Week
- These investments seem pretty vulnerable right now.
- 01/09/2023
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5 Things to Know for the Week of 1/9
- International headlines, policy maker speeches, and inflation numbers are some of the items investors should be paying attention to this week.
- 01/09/2023
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New Year, New Strategy? Actually, No; Here's Why, Plus 6 Quick Updates
- A new year is a terrific time to take the pulse of our portfolios. But the business cycle and long-term wealth compounding don't adhere to the Earth's orbit around the sun.
- 01/09/2023
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Exxon Mobil: The Train To Elephant Land Is Leaving The Station
- Exxon Mobil Corporation is beginning on a period of production growth. The management goal to double cash flow is finally becoming apparent to shareholders. Investors can bet on more growth after that.
- 01/06/2023
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7 Cheap Blue-Chip Stocks to Buy Before They Rebound
- As the market continues to contend with persistent inflation, higher interest rates and the specter of a 2023 recession, stocks of even well-established companies remain at depressed prices. In other words, there are still plenty of cheap blue-chip stocks out there, many of which make for solid long-term buys.
- 01/06/2023
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Week #1 Recap: 5 Key Takeaways
- With the first trading week of the year nearly in the books, we dissect 5 key takeaways investors should be paying attention to.
- 01/06/2023
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As Critics Bash ESG Investing, Advisors Strive To Educate Clients
- With a chorus of critics lambasting the rising popularity of ESG investing, advisors stick to the facts and educate clients. The post As Critics Bash ESG Investing, Advisors Strive To Educate Clients appeared first on Investor's Business Daily.
- 01/06/2023
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Exxon Mobil: Being Right, SWOT Analysis And What Comes Next
- XOM is down compared to 9 Dividend Kings that I highlighted as potential Buys back in late October 2022. I provide a broad view of XOM using a Strengths, Weaknesses, Opportunities, Threats Analysis (or "SWOT") for investors.
- 01/05/2023
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The 7 Best Dividend Stocks for Passive Income in 2023
- Dividend stocks are getting hot again so it makes sense to look for the best dividend stocks for passive income. The new year is here, and many investors are switching up their strategies.
- 01/05/2023
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Key EPS Themes for January
- Today, we will look at some key earnings reports slated for January. Earnings season can inform investors of industry group health and the health of the economy and stock market.
- 01/05/2023
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Exxon Mobil Shows Strength Compared To The S&P 500: Here's What's Going On - Exxon Mobil (NYSE:XOM)
- Exxon Mobil Corporation XOM closed up 2.23% higher Thursday, in contrast to the S&P 500, which declined 1.17%.
- 01/05/2023
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ExxonMobil's Profits Are Falling. Is It Time to Sell the Oil Stock?
- The oil giant gave investors a glimpse into its upcoming fourth-quarter results.
- 01/05/2023
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4 Dividend Aristocrats You Must Keep an Eye on in 2023
- Keep an eye on reliable dividend payers like Expeditors International of Washington (EXPD), Exxon Mobil (XOM), Archer-Daniels-Midland (ADM) and W.W. Grainger (GWW) for steady income in 2023.
- 01/05/2023
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Exxon Mobil sees changes in liquids, gas prices reducing Q4 earnings from Q3 by up to $4.1 billion
- Exxon Mobil Corp. XOM, +0.29% said it expects changes in liquids and gas prices to reduce fourth-quarter earnings by up to $4.1 billion when compared with third-quarter results. The oil giant's stock rose 0.7% in premarket trading.
- 01/05/2023
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Better Buy: ExxonMobil or Chevron?
- If you are looking at Exxon, you are probably looking at Chevron. How are they the same and how are they different?
- 01/05/2023
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Exxon signals strong Q4 profit to drive annual record
- Exxon Mobil Corp on Wednesday signaled another strong operational profit of about $15.4 billion in its fourth quarter, pushing it toward a record profit for all of 2022.
- 01/04/2023
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Which Stocks Show Thick Skin As Bears Sink Fangs Into New Year?
- As last year's bear market spills over into 2023, breakout index stocks like CAT, BOX, AZN and ELF stock show resilience. The post Which Stocks Show Thick Skin As Bears Sink Fangs Into New Year?
- 01/04/2023
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5 Best Dividend Stocks to Buy for 2023
- These stalwart companies can be the foundation of your investment portfolio.
- 01/04/2023
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Why Exxon, Chevron, and Devon Energy Plunged Today
- Oil and gas prices fell as recession fears came back to the fore, investors worried about COVID-19 cases in China, and warm weather sapped demand for natural gas in Europe.
- 01/03/2023
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Grade My Trade: DG & XOM
- CNBC's ‘Halftime Report' investment committee, Stephanie Link, Joe Terranova and Josh Brown, weigh in on the Dollar General and Exxon Mobil trades.
- 01/03/2023
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Will These 5 Energy Stocks See Another Bull Run in 2023?
- Let's take a deep look into the S&P 500's top sector for 22022 - Energy - and its high flyers OXY, HES, MPC, XOM and SLB.
- 01/03/2023
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US oil giants Exxon and Chevron are poised to reap almost $100 billion total profit bonanza from Russia's war on Ukraine
- Exxon is expected to rake in more than $56 billion in yearly profits while Chevron is projected to reach $37 billion, per the Financial Times.
- 01/03/2023
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Exxon, Chevron Focus on Oil Projects in the Americas
- The two largest U.S. oil companies are pulling back on big international oil projects and concentrating on a handful of more lucrative assets closer to home.
- 01/03/2023
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3 Bold Oil Market Predictions for 2023
- A look at what could be ahead for the oil market this year.
- 01/02/2023
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Exxon Mobil: Best House On A Bad Street
- Exxon Mobil is in growth mode for the next few years, aiming to take production from 3.7 mm BOEPD to 4.3 mm BOEPD. It has the infrastructure in place to do it.
- 01/02/2023
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The 7 Best Retirement Stocks for Investors Over 50
- The best retirement stocks for investors over 50 have reliability in common. Retirement stocks come in a few flavors, but the best retirement stocks for investors over 50 provide a mix of growth, stability and income.
- 12/31/2022
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Options Income Series - Earn Double-Digit Income (January 2023)
- We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable.
- 12/31/2022
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The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.
- About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive for energy stocks to print such massive gains.
- 12/31/2022
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Is It Time To Buy Exxon Stock On Forecasts For 2023 Earnings And Outlook For The Oil Industry?
- Is it time to buy Exxon stock on forecasts for 2023, both for Exxon and the oil industry? Take a look at Exxon stock charts.
- 12/30/2022
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 12/30/2022
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These 20 stocks were the biggest winners of 2022
- Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners.
- 12/30/2022
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7 Cheap Large-Cap Stocks to Buy Before They Surge Higher
- Finding the right cheap large-cap stocks to buy can be a challenge. As we enter 2023, the macro issues that have defined the last year continue to persist: inflation remains high, interest rates keep climbing, as does the risk of a recession.
- 12/30/2022
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5 High Yield Dividend Income Stocks For 2023
- Investing in dividend income stocks allows you to generate an extra income that can be used for your monthly expenses. However, you need to be careful: a company with a very high Dividend Yield could be an indicator that the dividend might get cut in the future.
- 12/29/2022
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Exxon sues EU over windfall tax, GE Healthcare stock to join S&P 500, Twitter users report outages
- Yahoo Finance anchor Brad Smith reports the latest notable business headlines include ExxonMobil taking legal action against the EU to block energy windfall tax, GE Healthcare joining the S&P 500 on January 4, 2023, and Twitter user outages continuing.
- 12/29/2022
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The EU Claims Its Windfall Profits Levy Isn't A Tax. ExxonMobil Disagrees In Lawsuit.
- When it approved its levy on Windfall Profits by energy companies in September, the European Commission claimed it isn't a "tax" as a means of bypassing the legislative process. In a lawsuit filed Wednesday, ExxonMobil challenges that assertion.
- 12/29/2022
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Exxon files lawsuit against EU over windfall tax on energy companies
- BRUSSELS—Exxon Mobil Corp. XOM, -1.64% said Wednesday that it has filed a lawsuit against European Union authorities over the bloc's decision to impose a windfall levy on energy companies' high profits triggered by Russia's invasion of Ukraine.
- 12/29/2022
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Exxon sues EU in move to block new windfall tax on oil companies
- The EU believes Exxon and Chevron capitalized on an energy crisis and should be fined. The companies, want the money to invest in energy infrastructure.
- 12/28/2022
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Why ExxonMobil Stock Withered on Wednesday
- Its latest legal action wasn't greeted happily by investors.
- 12/28/2022
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These 20 energy stocks are worth a look if you think oil prices will soar in 2023
- Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market would be sold off, and that oil prices would continue to rise through the end of 2022.
- 12/28/2022
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Exxon Mobil: Don't Be In A Rush To Sell
- It may be tempting to sell Exxon Mobil Corporation in view of expectations of revenue and EPS growth peaking and the stock being up more than 2.5x since Covid. The current Exxon Mobil valuation, however, suggests there could be upside as the EV/EBITDA is close to 50% off its 5 year average.
- 12/28/2022
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Better Buy: ExxonMobil or Devon Energy?
- For passive income investors looking at the energy sector, picking the highest yield might not be the best option.
- 12/28/2022
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Our Top 7 Oil Stock Predictions for 2023
- Although geopolitics and brewing ideological directives (such as initiatives to combat climate change) cloud the longer-term trajectory of hydrocarbons, the reality is that investors can reasonably have confidence in the top oil stock predictions for 2023. Essentially, the underlying resources offer a mixture of infrastructural support and high energy density.
- 12/27/2022
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Exxon Mobil's $50B Stock Buyback Is Wrong
- Exxon Mobil Corporation announced a major increase in its stock buyback plan in December. The firm is now planning to distribute excess free cash flow in the amount of $50B to shareholders through FY 2024.
- 12/27/2022
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Could This Industry Spark a Bitcoin Rally?
- A new trend could answer many criticisms of the crypto's energy use.
- 12/27/2022
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Why Energy Stocks Are Moving Up After The Most Recent Slump
- Energy stocks fell sharply. Now they're headed back up.
- 12/25/2022
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Energy stock playbook for 2023: Here's what investors should expect
- Bill Smead, chief investment officer at Smead Capital Management, joins 'The Exchange' to discuss the rationale behind his top energy picks, the performance expectations for energy as the electric transition is underway, and strategic positioning based off Fed policy.
- 12/23/2022
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Why Chevron and Other Oil Stocks Popped Today
- $80 oil and sub-10 P/E prices make ExxonMobil, Chevron, and ConocoPhillips stocks look attractive today.
- 12/23/2022
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Exxon Mobil Vs. Chevron: Which Is More Attractive?
- Through the acquisition of stocks that provide you with dividend payments, you can generate an extra income for yourself. In this comparative analysis on Exxon Mobil and Chevron, I will show you which of these two companies I currently consider to be the better choice for dividend income investors.
- 12/23/2022
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Exxon Mobil: Reality Check For 2023
- In this article, I'd like to share with you my analysis of the latest equity research reports from major investment banks on Exxon Mobil and its prospects. Argus' FY2023 EPS forecast is 25% higher than consensus - $13.98 vs $11.17 (above), assuming further growth in energy prices next year, driven by steady demand and supply constraints.
- 12/22/2022
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Exxon Mobil: Escalating Costs Question Structural Change
- Exxon Mobil agreed to massive 9% pay hikes, questioning the structural shift in the cost structure. The energy giant faces a scenario of lower energy prices next year, especially natural gas.
- 12/22/2022
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Oil and energy prices are moving in opposite directions, what's going on?
- Crude oil prices are moving in the opposite direction of energy stocks over the last three months amid unique economic pressures
- 12/21/2022
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Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's
- On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for Exxon Mobil.
- 12/21/2022
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Exxon Mobil Has Value In A Low Oil Price Environment
- Exxon Mobil is not too far from its 52-week highs but the company has one of the most impressive and growing portfolios in the industry. The company is rapidly increasing its low-cost earnings which we expect to lead to a rapid increase in earnings.
- 12/21/2022
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How Big Oil Could Provide the Fuel for Bitcoin's Growth
- Although Bitcoin is known for its high energy usage, new trends could upend that narrative.
- 12/20/2022
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Red-Hot Fund Managers Expect Rocky Start To 2023
- Want to know how to invest in 2023? Red-hot fund manager Dale Harvey says individual investors should fasten their seat belts.
- 12/19/2022
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Here's Why Exxon Mobil (XOM) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 12/19/2022
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 12/19/2022
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The 7 Best Retirement Stocks to Buy Now
- The best retirement stocks are easy enough to find if you take the time to look. While it still is a challenging time to invest if you have a short time horizon, for investors with longer time horizons, current conditions remain favorable when it comes to entering/adding to positions in long-term opportunities.
- 12/18/2022
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Exxon Mobil: Sanctions On Russia Are Working
- In addition to generating record profits in the oil and natural gas businesses, Exxon Mobil has all the chances to benefit from the potential global disruption in refinery throughput. There's a case to be made that supply disruptions in the O&G industry would continue to outweigh the demand destruction argument at least for the next couple of quarters.
- 12/17/2022
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A Bull Market Is Coming for Oil in 2023. Here Are 3 Top Stocks to Buy Now.
- Oil prices might be down, but several catalysts could push crude higher in the coming year.
- 12/17/2022
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Does ExxonMobil's Massive $50 Billion Stock Buyback Make It a Buy?
- The oil and gas giant wants to share its record profits with shareholders.
- 12/17/2022
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Exxon Mobil, 295 Days Of War, And Lindy's Law
- The Russia-Ukraine war broke out on Feb 24, 2022 and has been going on for 295 days. Sadly, the so-called Lindy's Law predicts that the longer it has been going, the more likely – not less likely - it will drag on longer.
- 12/17/2022
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ExxonMobil (XOM) Commences Operating Plastic Recycling Unit
- ExxonMobil (XOM) is considering building recycling facilities at other sites across the globe, which will enable to process up to 1 billion pounds of plastic waste by 2026-end annually.
- 12/15/2022
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Oil & Gas Stock Roundup Headlined by Exxon & Chevron's 2023 Outlooks
- Apart from ExxonMobil (XOM) and Chevron ((VX), Cenovus Energy (CVE), Transocean (RIG) and Petrobras (PBR) hogged attention during the week.
- 12/15/2022
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Exxon Mobil: What Are $50 Billion Between Friends?
- Exxon Mobil announced a new $50 billion buyback plan. That's massive in absolute terms, but investors should look at shareholder returns on a relative basis.
- 12/15/2022
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Exxon plans extra capacity for plastic recycling
- Exxon Mobil Corp. said Wednesday it plans on additional global capacity to recycle 1 billion pounds of plastics by the end of 2026, and one facility in its Baytown, Texas, complex started operations on Wednesday. The facility "uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products," Exxon said.
- 12/14/2022
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Exxon Mobil Stock: Still Cheap, Awesome Dividend
- We were mighty pleased to hear about Exxon Mobil's latest update that called for earnings and cash flow from operations to double by 2027 compared to levels reached in 2019. In light of strengthening energy resource prices, we also like that Exxon Mobil expects to spend up to $50 billion buying back stock through 2024 (including $15 billion in 2022).
- 12/14/2022
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Why Energy Stocks Are Up Big on Tuesday Morning
- Investors are betting on a less aggressive Federal Reserve after today's CPI readout.
- 12/13/2022
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3 Dividend Stocks For The Oil Price Supercycle
- As we head into the last weeks of this year, I start this article by providing my longer-term oil price outlook based on factors limiting supply growth. On top of political pressure, oil companies are dealing with unfavorable valuations impacting drilling conditions and inventory challenges.
- 12/13/2022
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Jim Cramer goes over the energy stock winners of 2022
- Cramer explained his thoughts on the top-performing energy stocks so far this year.
- 12/12/2022
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7 Long-Term Stocks to Buy and Hold Forever
- With so much still up in the air regarding macro issues like high inflation and rising interest rates, it remains key to stick with high-quality long-term stocks to buy and hold. Top names in this category of stocks are well-positioned to ride out/thrive in today's environment, and really take off when the bull market returns.
- 12/12/2022
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Why ExxonMobil Stock Popped on Monday
- Oil prices go up and down, but ExxonMobil stock simply looks cheap.
- 12/12/2022
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Gold Vs. Oil In 2023
- I am structurally bullish on gold and oil with a multi-year timeframe. Between the two, gold likely has the advantage fundamentally and in terms of current momentum over the next 6-12 months.
- 12/11/2022
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ExxonMobil Believes This Fuel Will Be in Short Supply Until 2026
- It will take a long time to build out global capacity.
- 12/10/2022
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How Exxon Mobil's CEO views energy shortages and increasing profits
- Exxon Mobil CEO Darren Woods sits down to discuss energy policy and security, after Ukraine, as well as carbon emissions and clean energy such as renewables.
- 12/09/2022
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Exxon, Chevron and Big Oil ‘greenwash' climate efforts and plan to pump more, Democrats say in new report
- Major oil and gas companies show little intention of concrete action to transition away from atmosphere-warming oil and gas and toward more solar, wind, hydrogen and other alternative energy options despite what they may say publicly.
- 12/09/2022
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ExxonMobil (XOM) Announces $50B Share Buyback, Ups 2023 Capex
- ExxonMobil's (XOM) corporate plan is expected to double earnings and cash flow potential by 2027 compared with 2019 levels.
- 12/09/2022
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ExxonMobil Strives To Please Everyone In New Strategic Plan
- ExxonMobil announced Thursday that will be raising its investments in pretty much all areas of its business, perhaps most notably by increasing its stock buyback plan from $30 billion to $50 billion through 2024.
- 12/09/2022
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Exxon Mobil Raises Annual Buyback to $50 Billion
- Exxon Mobil Corp. raised its annual share buyback by about 10%, six weeks after the oil giant posted its highest profit in its 152-year history. President Joe Biden has criticized big oil companies for raking in huge profits.
- 12/08/2022
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ExxonMobil Boosts Its Lower-Carbon Investments to $17 Billion. Time to Buy the Oil Giant?
- The oil giant has big plans for the coming years.
- 12/08/2022
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Why ExxonMobil, Chevron, and Core Labs Stocks Popped Today
- Investors cheered ExxonMobil's predictions -- but they may not have fully understood them at first.
- 12/08/2022
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Exxon Mobil Expanding Stock Repurchase Program
- A little more than a month after reporting record profits , Exxon Mobil Corp (NYSE:XOM) announced today that it will expand its share repurchase program to $50 billion through 2024, including $15 billion in 2022.
- 12/08/2022
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Exxon Mobil boosts stock buybacks and plans to double cash flow by 2027
- Exxon Mobil Corp. XOM, -0.22% said Thursday it will buy back up to $50 billion in stock through 2024, including $15 billion in 2022. Exxon also plans to increase lower-emission efforts by 15% to roughly $17 billion through 2027.
- 12/08/2022
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2 Dividend Aristocrats to Buy for 2023
- You can count on these dividend stocks to continue raising their payouts for years to come.
- 12/07/2022
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Why Chevron, Exxon, and Kinder Morgan All Fell Today
- Recessionary fears fueled a decline in oil prices, despite high uncertainty about supply.
- 12/06/2022
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The 7 Best Oil Stocks to Buy Now
- Finding the best oil stocks to buy isn't as easy as it was a few months ago. The price of crude oil ran up to a multiyear high of $120 a barrel shortly after Russia invaded Ukraine and again in mid-June as demand peaked with the summer driving season.
- 12/06/2022
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World will face shortage of liquefied natural gas through 2026, says Exxon CEO
- The world will face a shortage of liquefied natural gas over the next four years, according to Exxon Mobil Corp. CEO Darren Woods.
- 12/06/2022
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/06/2022
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5 Dividend Stocks to Allay Fears of a More-Aggressive Fed
- As U.S. stocks stumble on concerns of further rate hikes, investing in dividend players like Exxon Mobil (XOM), Gilead Sciences (GILD) and Conagra Brands (CAG) for a steady stream of income seems prudent.
- 12/06/2022
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Exxon Mobil: Energy Bulls Could Be Sorely Disappointed
- OPEC+'s meeting failed to reignite oil buyers to return and lift its upward momentum. Russia's oil price cap appears to have little impact on buying sentiments. Natural gas futures have also fallen below their November highs, which is well below their August/September highs.
- 12/06/2022
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Why Chevron, ExxonMobil, and Kinder Morgan Stocks Dropped on Monday
- Falling oil prices yield an unexpected benefit: Cheap oil stocks.
- 12/05/2022
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Is The Oil And Gas Bull Market Over? This 2X Leveraged ETF Inversely Tracks Exxon, Occidental And More - Direxion Daily S&P Oil & Gas Exp.
- The Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP was surging Monday after the Group of Seven (G7) nations and the European Union agreed to put a price cap of $60-per-barrel on Russian crude oil.
- 12/05/2022
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Our 7 Top Energy Stock Picks for 2023
- Looking ahead a year is always difficult. Predictions made now are unlikely to accurately reflect the situation 12 months from now.
- 12/05/2022
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Oil Stock Builds Base While Trying To Change Power Market With Focus On Carbon-Free Energy
- New Fortress Energy is building a base as this oil stock tries to reshape the power industry and shift focus to carbon-free energy. The post Oil Stock Builds Base While Trying To Change Power Market With Focus On Carbon-Free Energy appeared first on Investor's Business Daily.
- 12/05/2022
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10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
- Stocks of companies that raise dividends consistently have outperformed during this year's bear market.
- 12/05/2022
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Exxon Mobil: Russian Blackmail Backfires
- In addition to the European embargo on Russian oil, Russia also is no longer able to export its natural gas to Europe in the same volumes as before. This creates a once-in-a-generation opportunity for Exxon Mobil to expand its presence in the natural gas business at Russia's expense.
- 12/05/2022
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Exxon CEO gets 10% base pay raise
- Exxon Mobil Corp. XOM, -0.85% said Monday its compensation committee approved an increase in the annual salary for chairman and CEO Darren W. Woods to $1.875 million per year in 2023, up from $1.703 million for 2022.
- 12/05/2022
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7 Christmas Stocks to Buy for Happy Holidays
- It makes sense if you haven't been thinking much about Christmas stocks. You really can't be blamed for not being in the Christmas spirit this year.
- 12/05/2022
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2 Urgent Dividend Sells And 2 Blue Chip Replacements To Increase Your Income
- As the SPX has risen to 4,000, some stocks have become outrageously expensive. Others, in the same sector, are still very cheap.
- 12/02/2022
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These Were the Five Best and Worst Performing Mega-Cap Stocks in November 2022
- While 2022 has been a dismal year for investors so far, November has offered some respite.
- 12/02/2022
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Exxon board expands to 13 directors; airline, aerospace executives join
- Exxon Mobil Corp. XOM, -0.85% said late Friday that Larry W. Kellner and John D.
- 12/02/2022
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Hot Fund To SEC: We're Boosting Bets On Best Stock Picks
- Wondering how to invest in stocks and mutual funds amid a grim market? Red-hot Invesco Comstock Select Fund is doubling down on its strategy.
- 12/02/2022
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Oil Firm Eyeing 3,755% Q4 Growth Leads 24 Fastest-Growing Stocks
- With analysts expecting a whopping 3,755% Q4 growth, H.F. Sinclair leads this list of 24 of today's fastest-growing stocks.
- 12/01/2022
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Exxon Mobil: Africa To The Rescue
- Mozambique has a large LNG project that is just beginning to produce. Angola has a major oil discovery.
- 12/01/2022
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CVX to Commence Venezuelan Oil Output Amid Easing Sanctions
- The U.S. OFAC grants a six-month license to CVX, allowing the company to produce crude oil and petroleum products in its projects in Venezuela.
- 12/01/2022
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Presidential advisor Amos Hochstein weighs in on the state of U.S. oil production
- Amos Hochstein, a senior advisor for energy security at the State Department, joins CNBC's 'Squawk Box' to discuss the state of U.S. oil production as the Biden administration embarks on the final leg of its 180-million barrel SPR drawdown.
- 11/30/2022
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Carbon Dioxide Could Be a Multi-Trillion-Dollar Opportunity for These Oil Stocks
- Oil companies are racing to cash in on the massive decarbonization opportunity.
- 11/30/2022
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3 Must-Own Energy Stocks Before Winter Arrives
- Crude oil futures recently hit an 11-month low, with this commodity suffering a peak-to-trough decline of 15.9% in the last eight trading sessions alone. Over that stretch, oil declined in seven sessions.
- 11/29/2022
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Exxon Mobil And Chevron: Buffett Won A Battle Over Gates
- Two great minds of our generation, Warren Buffett and Bill Gates, diverge starkly on the prospects of big oil stocks. Gates opined that some big oil companies will be worth little 30 years later, but Buffett continues to accumulate big oil stocks.
- 11/29/2022
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Exxon Mobil A Top 25 Dividend Giant With 3.31% Yield
- Exxon Mobil has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a stunning $63.95B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 3.31% yield
- 11/29/2022
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Oil Stocks Bounce As China Concerns Ease
- Oil stocks and prices bounced Tuesday as China moved to ease concerns over its strict zero-Covid policy. The post Oil Stocks Bounce As China Concerns Ease appeared first on Investor's Business Daily.
- 11/29/2022
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Large energy stocks are still up big in 2022 despite crude oil giving up gains
- Yahoo Finance Live's Brian Sozzi breaks down the stat of the day which looks at 10 largest stocks in the energy sector up 50% year-to-date.
- 11/29/2022
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ExxonMobil (XOM) to Stop Crude Production in Equatorial Guinea
- The move reflects ExxonMobil's (XOM) strategy to reduce crude production in West Africa and invest in more lucrative projects in the Americas.
- 11/29/2022
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Exxon Mobil: Be Fearful When Others Are Greedy
- Everyone incessantly quotes Buffett. One of his most often quoted lines is “Be greedy when others are fearful, and fearful when others are greedy."
- 11/29/2022
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Why Energy Stocks Are Falling Today
- China concerns have caused oil prices to give up 2022 gains.
- 11/28/2022
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Checking in with 2 Oil Stocks Amid Sector Slump
- Oil prices are moving lower today, with West Texas Intermediate (WTI) crude hitting its lowest level since Dec. 21 amid protests in China , the world's biggest importer, over the country's zero-Covid policy.
- 11/28/2022
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China Protests Vs. Covid Policy Rock Markets; Oil Stocks Lead Declines
- China Covid policies stirred protests sending U.S. crude futures near 12-month lows Monday. Oil stocks posted some of the deepest early declines.
- 11/28/2022
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3 Blue Chip Stocks To Watch In December 2022
- Is now a good time to watch these blue-chip stocks before December 2022?
- 11/27/2022
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ESG-Focused Oil Majors Continue To Underperform, Unsurprisingly
- BP and Shell continue to underperform. Likely to continue until strategies change.
- 11/27/2022
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Exxon Mobil Has a Potash Problem in the Permian Basin
- The Texas-based oil giant shares a chunk of New Mexico land with mining companies, which makes drilling there a challenge.
- 11/27/2022
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/25/2022
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Fed minutes indicate smaller rate hikes ahead: time to buy?
- S&P 500 ended in the green again after minutes from the Fed's most recent meeting confirmed that officials agreed on switching soon to smaller rate hikes.
- 11/23/2022
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3 Reasons Why Growth Investors Shouldn't Overlook Exxon (XOM)
- Exxon (XOM) could produce exceptional returns because of its solid growth attributes.
- 11/23/2022
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Top Investors Reveal 7 High-Dividend Stocks You Should Own
- High-dividend ETFs are just about the only diversified funds up this year. And most of them agree on the S&P 500 stocks you need to own.
- 11/23/2022
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3 Top Energy Stocks to Buy Right Now
- Energy stocks have trounced the broader stock market's returns in 2022.
- 11/23/2022
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OPEC Vehemently Rejects Production Increase Headlines – Buy The Mega-Cap Dividend Energy Leaders Now
- At one point on Monday, Brent Crude and West Texas Intermediate oil prices were both down well over 5% and looked like they were both poised to crash lower.
- 11/23/2022
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Buy These 5 Corporate Giants Flying High in Disappointing 2022
- We have narrowed our search to five U.S. corporate behemoths that have popped year to date. These are: ADM, MPC, XOM, MRK and MCK.
- 11/22/2022
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Dangerous Climate Policies Make Exxon Mobil A 'Must Own' Stock
- In this article, I start by explaining why climate policies are a huge risk to global energy security in light of the push for net zero. Inventories are low, and an uptick in demand is set to maintain elevated oil prices on a long-term basis.
- 11/21/2022
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The 3 Best Oil Dividend Stocks to Buy in 2023
- These stocks should gush profits in 2023 and beyond.
- 11/20/2022
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Passive Income in a Bear Market? 1 Stock Warren Buffett Bought
- There is a very good reason the Oracle of Omaha likes this stock.
- 11/20/2022
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The big new Exxon Mobil climate change deal that got an assist from Joe Biden
- ExxonMobil's first-of-its-kind relationship to capture carbon from other companies' factories could be the first in a wave boosted by Biden's climate policies.
- 11/19/2022
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Exxon goes green? Stock rallies as Jeff Ubben gains board seat
- Could Exxon go green after activist investor joins the board? With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and James McDonald.
- 11/19/2022
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Exxon CEO Darren Woods on protecting dividend, additions to the board
- Exxon Mobil CEO Darren Woods joined "Squawk Box" on Thursday to discuss the company's outlook as it works to protect its dividend and the recent addition of activist investor Jeff Ubben to the board.
- 11/19/2022
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Oil Profits Are Soaring: Here's How to Get Your Share
- Oil companies are increasingly sharing their windfall with investors.
- 11/19/2022
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Calls of the day: Chevron & Exxon Mobil
- The "Halftime Report" investment committee debates bullish calls in the energy space on Chevron & Exxon Mobil.
- 11/19/2022
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Engine No. 1's Penner accuses Exxon of trying to entrench board
- CNBC's Leslie Picker talks with Charlie Penner of Engine No. 1 about how activists are fighting for more shareholders on the board of directors at Exxon.
- 11/19/2022
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Exxon Mobil posts earnings report, EPS beat
- CNBC's "Squawk Box" team breaks down Exxon Mobil's earnings report.
- 11/19/2022
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7 Stocks to Buy to Profit from the Political Uncertainty
- Pending the runoff election in Georgia, Americans now have clarity on the balance of power in Washington, D.C. for the next two years.
- 11/18/2022
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As Oil Prices Fall, ExxonMobil Holds Up: 'It May Be Time To Ring The Register' - Exxon Mobil (NYSE:XOM)
- With crude oil futures getting slaughtered, the PreMarket Prep crew discussed when this trend would finally spill over into the oil sector.
- 11/18/2022
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These S&P 500 Companies Generate Substantial Cash
- Investors love to target companies with strong free cash flow. A company displaying free cash flow strength has freedom for growth opportunities, can consistently shell out dividends, and wipe out debt easily.
- 11/18/2022
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7 Stocks to Buy as Republicans Recapture the House
- A week after the 2022 midterm elections, the dust has finally settled. While the Democratic party has managed to retain control of the Senate, it is finally confirmed that Republicans have taken back the House of Representatives.
- 11/18/2022
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Why ExxonMobil, Chevron, and Diamondback Stocks All Dropped on Friday
- Today's sell-off may be giving oil investors a chance to scoop up a bargain in the oil patch.
- 11/18/2022
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ExxonMobil And Other Energy Stocks Traders Are Actively Selling - Halliburton (NYSE:HAL), SLB (NYSE:SLB)
- On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that trading in ExxonMobil Corp.
- 11/18/2022
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Red-Hot Manager Forecasts Volatile 2023: His Stock Picks
- One of the very hottest mutual fund co-managers expects a rocky stock market in 2023. The post Red-Hot Manager Forecasts Volatile 2023: His Stock Picks appeared first on Investor's Business Daily.
- 11/18/2022
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Is Now the Time to Buy Oil Stocks?
- Oil is down from recent highs, but up from 2020 lows. What is an investor to make of the current market?
- 11/17/2022
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Earn Passive Income for Years With This Dividend Aristocrat
- This income-producing stock is swimming in cash and is preparing for the green energy transition.
- 11/17/2022
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3 Highly Ranked Dividend Aristocrat Stocks to Buy Now
- Let''s take a look at three highly ranked Zacks stocks that are also Dividend Aristocrats, raising their dividends for at least 25 consecutive years. These stocks should help investors fight back against inflation and a market downturn.
- 11/16/2022
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3 High-Yielding Dividend Stocks Perfect for Passive Income
- As inflation and spiraling interest rate hikes continue to dominate the discussions of most investors, the stock market continues to see bearish momentum build. Many investors are growing increasingly apprehensive about what next year may hold.
- 11/16/2022
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Buy 6 November 2022 Dividend Closers
- Kiplinger.com, dogsofthedow.com, and growthinvesting.com all published November lists of stocks of note to close this year of 2022. Their seven "closer stock" articles covered: Best Stocks; Best Dow stocks; Prosperous Healthcare Stocks; Top-Rated Housing; Consumer Staples; Inflation Stocks; Tops of 2022.
- 11/16/2022
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7 Post-Midterm Elections Stocks to Buy for a Divided Government
- Following a much-anticipated day at the voting booth, control of Congress still hangs in the balance, thereby drawing attention to post-midterm elections stocks for a divided government. Even if the data confirms winners and losers by the time you read this, the main point stands: this election was much tighter than many analysts expected.
- 11/14/2022
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/14/2022
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3 Oil Stocks to Buy Before the Market Starts to Soar in 2023
- Oil prices have been steadily increasing in recent years, and it seems they will continue for a while. Demand is at an all-time high due to geopolitical instability, and prices have followed suit.
- 11/13/2022
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How I'd Invest $10,000 Today -- Including Real Estate -- if I Had to Start From Scratch
- Got an extra $10K in your account? Grab some yield and potential returns with a few REITs and a handful of other dividend-delivery deals.
- 11/13/2022
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With a $30 Billion Cash War Chest, Could ExxonMobil Be Planning Something Big?
- The oil giant has built up a huge cash war chest.
- 11/12/2022
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7 Ways to Cash in on the 2022 Midterm Elections
- The 2022 midterm elections are all over except for the counting. Several key states are still tabulating their votes, but it does seem likely that the Republican Party will win back control of, at least, the House of Representatives.
- 11/09/2022
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Exxon Mobil: Sanctions On Russia Will Change The Oil Market Forever
- Sanctions on Russian crude oil are about to take effect on December 5. It's safe to assume that the oil prices would remain at least at the current relatively high levels due to the supply disruptions that those sanctions would cause.
- 11/08/2022
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Energy expert Tom Kloza warns diesel prices could go haywire over the next 100 days
- Tom Kloza of the Oil Price Information Service offers a big warning about diesel fuel over the next few months. With CNBC's Melissa Lee and the Fast Money traders, Bonawyn Eison, Karen Finerman, Dan Nathan and Guy Adami.
- 11/07/2022
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Why ExxonMobil Stock Jumped 27% in October
- Rising oil prices and a strong earnings report lifted the stock.
- 11/07/2022
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7 Stocks to Buy if Republicans Take the House
- With September almost over, the 2022 midterm elections are less than two months away. Historically, markets suffer in the months leading up to the midterms.
- 11/07/2022
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Exxon faces $2 billion loss on California oil property sale
- Exxon Mobil Corp is expected to sell operations of an oil field off the coast of California, in which it is estimated to lose $2 billion in the transaction to Sable Offshore.
- 11/06/2022
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Exxon faces $2 billion loss on sale of troubled California oil properties
- Exxon Mobil Corp will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.
- 11/06/2022
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3 Energy Stocks Break Out Past Buy Points But 2 Fade
- Leading energy stocks are regaining strength with several hitting 52-week highs. A recent Australian IPO stock gapped up past the buy zone.
- 11/04/2022
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Why the Best Bet for 2023 Remains 5 Dividend-Paying Mega-Cap US Energy Stocks
- Just when investors think it is safe to come out from hiding, another big interest rate increase and some quite hawkish testimony from Federal Reserve Chair Jay Powell has put a lid back on the risk-off crowd.
- 11/04/2022
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This Oil King Stock Will Soon Have Its Crown
- The future hasn't looked this bright in years.
- 11/04/2022
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3 Oil Stocks to Buy No Matter if Crude Prices Rise or Fall
- Look for oil stocks to buy as the best opportunities today, whether crude oil prices are rising or falling. These companies provide valuable energy resources to fuel our cars, homes, and businesses and tremendous opportunities for investors looking to profit from a market with well-established trends.
- 11/03/2022
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Forget Oil; Natural Gas Is Fueling Record Profits for Energy Titans Exxon and Chevron
- While higher oil prices have grabbed the headlines this year, natural gas was a big profit driver in the third quarter.
- 11/02/2022
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Stocks Trading Near All-Time Highs Warrant Caution
- Despite the precipitous decline in FAANG and tech stocks this year, blue-chip stocks are having incredible runs. Some are calling it the revenge of the Dow.
- 11/01/2022
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Exxon Mobil: Breakout Time
- More Guyana discoveries reported. Clearly taking on more debt in fiscal year 2020 turned out to be the right move because those projects now take advantage of very strong commodity prices.
- 11/01/2022
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Oil Producer Stocks Exxon, Chevron Advance After Biden Calls For Tax On Profits
- Exxon and Chevron edged up Tuesday after the president called on Congress to tax the oil industry. The post Oil Producer Stocks Exxon, Chevron Advance After Biden Calls For Tax On Profits appeared first on Investor's Business Daily.
- 11/01/2022
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/01/2022
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Dow, energy stocks lead in October growth despite volatile month
- Yahoo Finance's Jared Blikre looks at some of the biggest market movers for the month of October.
- 10/31/2022
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Dow Jones Has Best Month Since 1976: Here Are October's Top 5 Dow Performers
- The Dow Jones Industrial Average surged 13.95% in October, the best month since 1976. Caterpillar led the 5 top Dow performers for the month.
- 10/31/2022
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Is Exxon (XOM) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Exxon (XOM) possesses solid growth attributes, which could help it handily outperform the market.
- 10/31/2022
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Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
- Chevron Corp. and Exxon Mobil Corp.'s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh records.
- 10/31/2022
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Exxon well-positioned to deal with volatility: Evercore analyst
- Yahoo Finance Live's Brian Sozzi discusses an Evercore analyst's Outperform rating on Exxon Mobil.
- 10/31/2022
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Here's Why Exxon Mobil (XOM) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 10/31/2022
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Chevron And Exxon: Reason To Be Cautious
- All the graphs are broken out in this analysis. The conclusion: caution is warranted. Inflation-adjusted prices point to a peak in the cycle. We'll take a look at the history of oil booms and busts.
- 10/31/2022
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Exxon Mobil: If You're Selling, Then Maybe Buy These 7 Dividend Kings
- Maybe think about selling some XOM. If you are thinking about it, consider these Dividend Kings.
- 10/30/2022
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Exxon Mobil: Impressive
- Exxon Mobil is on fire, notably its exploration business and refining activities. The diversified nature of the business serves the company well, but the fortunes of the company remain very much tied to energy prices.
- 10/30/2022
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Best Energy Stocks To Invest In Right Now? 2 For Your Watchlist
- Are these the best energy stocks to buy right now?
- 10/30/2022
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ExxonMobil Posts Record Profits. Time to Buy the Dividend Aristocrat?
- The oil giant outmaneuvered lower oil prices to produce another quarterly earnings gusher.
- 10/30/2022
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Exxon Mobil, AbbVie, and Visa Raised Dividends
- Energy giant Exxon Mobil, pharmaceutical firm AbbVie, and cards firm Visa were among the U.S. companies that announced dividend increases last week.
- 10/29/2022
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Big Oil Reports Record Profits
- Big oil had a very good quarter. They are handing out billions to shareholders in buybacks and dividends.
- 10/28/2022
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Stocks rallied heading into the weekend thanks to solid earnings from Apple and oil giants
- Stocks rallied heading into the weekend, despite lousy results from Amazon. Solid earnings from Apple and oil giants Chevron and Exxon Mobil were enough to counter the weak outlook from the retail and cloud giant.
- 10/28/2022
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Exxon, Chevron are ‘cash bulls' on earnings, analyst says
- Truist Analyst Neal Dingmann joins Yahoo Finance Live anchors to discuss earnings for Exxon and Chevron, the outlook for the energy sector, and variables affecting mega cap stocks.
- 10/28/2022
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ExxonMobil, Chevron rake in record Q3 profits following oil price surge
- ExxonMobil reported $19.7 billion in net income and $112.07 billion in quarterly revenue, while Chevron reported $11.23 billion in profit and $66.64 billion in revenue during the quarter.
- 10/28/2022
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Oil earnings: Exxon posts record profit, Chevron tops estimates
- Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith discuss quarterly earnings for Exxon and Chevron.
- 10/28/2022
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Exxon, Chevron Investors Risk Altitude Sickness
- U.S. major oil companies had another standout quarter: Combined, Exxon and Chevron reported nearly $31 billion in profits.
- 10/28/2022
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Why Is Exxon Mobil (XOM) Stock Up 3% Today?
- Exxon Mobil (NYSE: XOM ) stock is jumping on Friday after the oil company released its earnings report for the third quarter of 2022. The big news here is the company bringing in earnings of $19.66 billion, which comes to $4.68 per share.
- 10/28/2022
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Core PCE Inflation Increased in September
- Core PCE Inflation Increased in September
- 10/28/2022
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Exxon raises dividend despite President Biden warning against it
- Exxon Mobil Corp (NYSE: XOM) is trading up this morning after the oil giant reported its Q3 results that handily topped Street estimates.
- 10/28/2022
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Exxon Mobil Corp (XOM) Q3 2022 Earnings Call Transcript
- Exxon Mobil Corp (NYSE:XOM ) Q3 2022 Earnings Conference Call October 28, 2022 8:30 AM ET Company Participants Jennifer Driscoll - VP, IR Darren Woods - Chairman, President & CEO Kathryn Mikells - SVP & CFO Conference Call Participants Devin McDermott - Morgan Stanley Jeanine Wai - Barclays Bank Doug Leggate - Bank of America Merrill Lynch Stephen Richardson - Evercore ISI Alastair Syme - Citi Biraj Borkhataria - RBC Capital Markets John Royall - JPMorgan Chase & Co. Sam Margolin - Wolfe Research Neil Mehta - Goldman Sachs Paul Cheng - Scotiabank Jason Gabelman - Cowen and Company Neal Dingmann - Truist Securities Ryan Todd - Piper Sandler & Co. Roger Read - Wells Fargo Securities Operator Good day, everyone, and welcome to this Exxon Mobil Corporation Third Quarter 2022 Earnings Call. Today's call is being recorded.
- 10/28/2022
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Halloween Weekend Brings Less-Spooky Markets
- What's behind this move to the positive? September's Personal Consumption Expenditures (PCE), of course.
- 10/28/2022
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Exxon Mobil and Chevron together take in more than $30 billion in net income as natural gas prices soared
- Shares of Exxon Mobil Corp. rallied into record territory Friday, as profit nearly tripled and revenue soared more than 50% to top the $100 billion mark again, fueled by a surge in natural-gas prices and record refining volumes.
- 10/28/2022
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3 Stocks With A LOT Riding on the 2022 Midterm Elections
- The polarization in the U.S. political scene is likely to frustrate most folks. However, as an investor, the 2022 midterm elections warrant close attention.
- 10/28/2022
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Exxon Mobil CEO Darren Woods: OPEC is leveraging its pricing power
- Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a potential global crisis this winter.
- 10/28/2022
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ExxonMobil posts another record profit as oil prices remain high
- ExxonMobil's profit set a record for the second straight quarter as oil and gas prices remained high. No. 2 US oil company Chevron also posted much-better-than-expected results.
- 10/28/2022
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Record Profits Send Exxon Mobil Stock Toward More Fresh Highs
- The shares of Exxon Mobil Corp (NYSE:XOM) are up 1.9% at $109.60 this morning following the company's third-quarter earnings report.
- 10/28/2022
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Exxon Mobil (XOM) Q3 Earnings Beat Estimates
- Exxon (XOM) delivered earnings and revenue surprises of 14.69% and 2.71%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/28/2022
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Why ExxonMobil Could Continue To Rally - Exxon Mobil (NYSE:XOM)
- On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that trading in ExxonMobil Corp. (NYSE: XOM) implied a move of about 3.4% on Thursday.
- 10/28/2022
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ExxonMobil reports record near-$20bn profit, almost matching Apple
- Company's third quarter results smash Wall Street forecasts amid soaring oil and gas prices
- 10/28/2022
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Exxon Mobil reports $112 billion in Q3 revenue, misses expectations
- CNBC's 'Squawk Box' team breaks down Exxon Mobil's mixed third-quarter earnings report.
- 10/28/2022
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Exxon Mobil stock up 2.3% premarket after earnings blow past estimates
- Exxon Mobil Corp. shares rose 2.3% in premarket trade Friday, after the energy giant blew past estimates for the third quarter. The Irving, Texas-based company posted net income of $19.7 billion, or $4.68 a share, for the quarter, up from $17.850 billion, or $4.21 a share, in the year-earlier period.
- 10/28/2022
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US stocks seen opening lower after tech results; Chevron and Exxon earnings awaited
- 6.30am: Tech in trouble US stocks were expected to open lower on Friday, still reeling from a batch of weak earnings from the big tech sector, underscored by Amazon's warning of tougher times ahead. Futures for the Dow Jones Industrial Average were 0.2% lower in pre-market trading, while those for the S&P 500 were down 0.7%, and contracts for the Nasdaq-100 shed 1.0%.
- 10/28/2022
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Exxon Mobil Q3 Earnings Preview: Will XOM Stock Keep Hitting New Highs?
- The stellar performance for XOM has continued going into its Q3 earnings release on Friday, October 28. After recently hitting 52-week highs investors are wondering if a strong report could continue accelerating the stock or if it is time for XOM to cool off.
- 10/27/2022
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Chevron, Exxon set to report earnings on Friday
- Yahoo Finance Live co-host Dave Briggs checks out the stocks of energy giants' Exxon and Chevron ahead of their respective earnings reports, both due out tomorrow.
- 10/27/2022
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Will ExxonMobil's (XOM) Upstream Business Aid Q3 Earnings?
- Since ExxonMobil (XOM) has significant exposure to the upstream business, a considerable improvement in oil price is likely to have aided Q3 earnings.
- 10/27/2022
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Exxon Mobil: Extreme Caution Is Needed If You Are Buying At These Levels
- Exxon Mobil is slated to report its Q3 earnings release on October 28. XOM has already surged to re-test its June highs as buying sentiments surged. We explain why investors buying at these levels and hoping for a significant dividend hike must be highly cautious.
- 10/27/2022
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The War In Ukraine Could Bring Higher Winter Heating Bills In The US: How Investors Can Make Up The Difference - Chesapeake Energy (NASDAQ:CHK), Coterra Energy (NYSE:CTRA)
- U.S. households that primarily use natural gas for heating will spend an average of $931 on heating during the October to March winter season, according to a recent report by the U.S. Energy Information Administration. That's 28% more than they spent last year.
- 10/27/2022
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4 Integrated Energy Stocks to Gain From the Promising Industry
- High oil price and handsome midstream & downstream businesses are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), and BP are well-positioned to make the most of the highly favorable business environment.
- 10/27/2022
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Top 5 S&P 500 Stocks Poised to Beat on Q3 Earnings
- Five large-cap companies will report third-quarter 2022 earnings within next week. These are: XOM, WMB, ALB, MAR and EXPE.
- 10/27/2022
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SentinelOne, Intel's Mobileye IPO, Exxon Mobil And Oracle
- We're diving into SentielOne, a well-funded cybersecurity stock that is taking over the mid-market share. Vladimir Dimitrov joins us to break down the Intel Mobileye IPO, thoughts on Exxon Mobil and Oracle.
- 10/27/2022
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The 3 Hottest Stocks to Watch This Earnings Season
- Much like the first half of the year, the second half started out just as rough. However, there are still top stocks to watch.
- 10/26/2022
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These 3 Top-Ranked Energy Stocks Pay Investors Nicely
- The Zacks Oils and Energy Sector has been hot in 2022, up more than 35% and easily outperforming the S&P 500. Is there more gas left in the tank?
- 10/26/2022
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Exxon Mobil Stock: Will Energy Giants Exxon, Chevron, Follow OPEC's Lead?
- Exxon Mobil stock and Chevron shares jumped Wednesday. The energy giants report Q3 earnings this week with big profits and less spending expected.
- 10/26/2022
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Is a Beat in the Cards for ExxonMobil (XOM) in Q3 Earnings?
- Higher production and price are likely to have aided ExxonMobil's (XOM) earnings in Q3.
- 10/26/2022
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My Top Oil Major Stock to Buy in October
- There are a number of options in the oil major space, but this one mixes income, oil, natural gas, and clean energy in an attractive way.
- 10/26/2022
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Exxon Mobil: Charts, Graphs And The Dividend Increase
- The charts, graphs and data give us a clue what's about to happen to XOM's dividend in the near future. Furthermore, CEO Darren Woods seems to have a certain bias regarding XOM's dividend which investors need to consider.
- 10/25/2022
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Exxon Mobil And Chevron: Washington, D.C. Vs. Market Round 2
- Washington has tried to fight surging fuel prices by releasing the strategic petroleum reserves back in March 2022. Now with the 1st round of release coming to an end while fuel prices still remaining at elevated levels, I will examine who to expect in round 2.
- 10/24/2022
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Is It Time To Buy Exxon Stock As It Breaks Through A Buy Point In Advance Of Q3 Earnings?
- Exxon Mobil has gained as oil prices surged and Russia attacked Ukraine, but is XOM still a buy as it prepares to announce Q3 earnings? The post Is It Time To Buy Exxon Stock As It Breaks Through A Buy Point In Advance Of Q3 Earnings?
- 10/24/2022
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Exxon Mobil: An Important Update On The Energy Sector
- We share an important update from the fundamental area of our analysis team. Then, we take a look back at some of our pivotal calls from January 2021 and May 2022.
- 10/24/2022
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7 Stocks to Buy This Week
- With the major equity indices finally ending in positive territory for the trailing five days last week, enthusiasm for stocks to buy this week increased substantially. Nevertheless, it's important to remind ourselves that the benchmark S&P 500 remains 22% below parity.
- 10/24/2022
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Gen Z Investors Score 'Beginner's Luck' With 11 Winning Stocks
- It's been a rough year for all investors — with the S&P 500 down more than 20%. But young Generation Z investors still found spots to make money.
- 10/24/2022
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Exxon Mobil: A Must Have For Dividend Income Investors
- In this analysis on Exxon Mobil, I will show you why the company's stock is a must have for dividend income investors. I will demonstrate how you can benefit from the dividend payments of Exxon Mobil when having a very long investment horizon.
- 10/24/2022
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Exxon Mobil: Still A Great Buy (Technical Analysis)
- 100% technical buy signals. 8 new highs and up 16.32% in the last month.
- 10/23/2022
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Earnings Exchange: XOM, F, MCD & KO
- Gina Sanchez, Chantico Global CEO, joins ‘The Exchange' to discuss a few stocks ahead of earnings including: Exxon, Ford, McDonald's and Coca-Cola.
- 10/21/2022
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Bull of the Day: ExxonMobil (XOM)
- Shares of this energy giant are dirt cheap.
- 10/21/2022
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Better Buy: ExxonMobil or TotalEnergies?
- Making a pick between these two integrated oil and gas companies comes down to details and valuation.
- 10/21/2022
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7 Oil Stock Predictions for 2023
- When considering oil stock predictions for 2023, the arguably logical choice is that valuations for the sector will rise. Fundamentally, skyrocketing inflation this year imposed substantial burdens on consumers.
- 10/20/2022
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Does Exxon's Departure From Russia Signal Higher Oil Prices?
- Expropriation of Exxon's Russian assets might give a small boost to oil prices next year, but the longer term implications are more serious.
- 10/20/2022
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Some Of Best Stocks In Oilfield Services, Auto Parts Surge On Rising Estimates
- Schlumberger and O'Reilly Automotive have surged to the top of IBD's Rising Estimates screen as they approach buy points. The post Some Of Best Stocks In Oilfield Services, Auto Parts Surge On Rising Estimates appeared first on Investor's Business Daily.
- 10/18/2022
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Are Oils-Energy Stocks Lagging Exxon Mobil (XOM) This Year?
- Here is how Exxon Mobil (XOM) and YPF Sociedad Anonima (YPF) have performed compared to their sector so far this year.
- 10/18/2022
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SHEL Should Have Exited Dutch Gas Project Earlier Per CEO
- NAM, the SHEL and Exxon joint venture, cut production at the Groningen field more than a decade ago after realizing that the earthquakes it caused posed too great a threat to life and property.
- 10/18/2022
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Exxon Mobil says French refineries could take 2-3 weeks to fully restart
- Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart, a company spokesperson told Reuters by phone on Tuesday.
- 10/18/2022
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Exxon exits Russia after oil project 'unilaterally terminated' - Reuters
- Exxon Mobil Corporation (NYSE:XOM) has left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project, Reuters has reported in an exclusive. The newswire noted that Exxon did not say if it received any compensation for the assets, which it had valued at more than $4 billion.
- 10/18/2022
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Russia grabs Exxon's stake in major Sakhalin oil-and-gas project
- The Kremlin has pushed Exxon Mobil Corp. out of a major Russian oil-and-gas project and transferred the Texas oil giant's stake to a Russian entity, according to the U.S. company.
- 10/17/2022
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These 3 Cash-Generating Machines Pay Investors Nicely
- In a historically-volatile year in the market so far in 2022, dividends have been a significant perk, helping to shield investors from drawdowns.
- 10/17/2022
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Exxon Bets on Ex-Auto Executive for Climate-Friendly Profits
- Dan Ammann, an oil-industry novice, is tasked with leading Exxon's new carbon-cutting business aimed at tackling climate change.
- 10/16/2022
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Recession Stocks: Finding Winners In A Down Stock Market
- Not all stocks are impacted equally by the economy slowing down. We look at stocks that have been winners during a down stock market thus far in 2022 while most of the rest of the market has fallen.
- 10/15/2022
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Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 10/14/2022
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5 Attractive Relative Price Strength Plays in Today's Market
- ExxonMobil (XOM), Lamb Weston Holdings (LW), Ooma, Inc. (OOMA), NexTier Oilfield Solutions (NEX) and Hanmi Financial Corporation (HAFC) are five stocks with explosive relative price strength.
- 10/14/2022
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How The Inflation Reduction Act Might Induce An Exxon Mobil Downtrend
- The Inflation Reduction Act could see up to $1.7 trillion invested over the next decade until 2032 across several low emissions technology. The fiscal program forms a landmark policy of the current administration and could spark a material ramp in the adoption of nuclear power, electric vehicles and renewable energy.
- 10/14/2022
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These Were The Five Best And Worst Performing Mega-Cap Stocks In Q3 2022
- The third quarter started with a relief rally, but the end was consistent with the performance of the first two quarters.
- 10/13/2022
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Exxon Stock Builds Base As Conflict In Ukraine Rages; Q3 Earnings Report Due
- Exxon is building a base as the conflict in Ukraine rages on and as Q3 earnings are due later this month. The post Exxon Stock Builds Base As Conflict In Ukraine Rages; Q3 Earnings Report Due appeared first on Investor's Business Daily.
- 10/13/2022
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Earnings are surprising many investors, says Laffer Tengler Investments CEO
- Nancy Tengler, CEO and CIO at Laffer Tengler Investments, joins 'Power Lunch' to discuss low and midstream energy names, stocks opportunities for dividend growth, and good names in the retail sector.
- 10/13/2022
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Why Is Exxon Mobil's Strong Quarterly Outlook Irrelevant
- Risks are mounting as Exxon Mobil profits soar and short-term investor sentiment improves. The Oil & Gas Major is in a much better competitive position relative to its European peers.
- 10/13/2022
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Exxon Mobil signs first carbon capture deal with CF Industries
- Exxon Mobil's Dan Ammann joins CNBC's David Faber to discuss the company's first carbon capture deal with CF Industries Holdings.
- 10/13/2022
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ExxonMobil Signs Deal With CF Industries to Make Blue Ammonia
- Per the terms of the deal, ExxonMobil (XOM) will transport CO2 from CF Industries' (CF) Donaldsonville ammonia production facility to a geologic storage site in Louisiana.
- 10/13/2022
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Dividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions
- The Dividend Harvesting Portfolio is now generating $613.17 in annual dividends yielding 8.25%. The Dividend Harvesting portfolio has an 83.33% record of finishing the week in the black since its inception, 70/84 weeks.
- 10/13/2022
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ExxonMobil's New Carbon Capture Project Shows Quick Impacts From The Inflation Reduction Act
- At a live-streamed press conference Wednesday, Louisiana Democratic Gov. John Bel Edwards welcomed the announcement of a major new decarbonization collaboration between ExxonMobil, CF Industries and EnLink Midstream that will be focused in his state.
- 10/13/2022
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Exxon: Short-Term Profit Growth Expected, Long-Term Dividend May Rise (Technical Analysis)
- Momentum in price has been building as the midterm election approaches, expecting an increase in US domestic energy production. High-performing metrics which outperform major global indices.
- 10/13/2022
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The 7 Best Oil Stocks to Buy Now
- Finding the best oil stocks to buy isn't as easy as it was in the first half of the year. The price of crude oil ran up to a multiyear high of $120 a barrel in the spring, shortly after Russia invaded Ukraine.
- 10/12/2022
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Pushing back against ESG movement, conservatives propose pro-fossil fuel board member for Exxon Mobil
- A conservative group wants a pro-fossil fuel lawyer and scientist on the board of Exxon Mobil Corp., in an effort to confront an "insurgency" of pro-ESG members
- 10/12/2022
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Oil & Gas Stocks Are Still Good Buys, For a Number of Reasons
- These stocks are likely to generate a significant amount of cash from relative strength in oil prices and return value to shareholders instead of making significant investments in the business.
- 10/12/2022
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Oil And Gas Deals Accelerate As Shell, ExxonMobil Exit California
- Mergers and acquisitions action in the oil patch accelerated during the 3rd quarter of 2022, thanks mainly to a flurry of deals announced during September, according to a report released today by Enverus.
- 10/12/2022
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3 Dividend Stocks in Warren Buffett's Secret Portfolio Most Likely to Soar in Q4
- These stocks could add to Buffett's fortune by the end of 2022.
- 10/12/2022
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The 7 Best Dividend Stocks for Passive Income
- The stock market continues to struggle. The Nasdaq 100 index fell to new 52-week lows this week, and the S&P 500 doesn't appear to be far behind.
- 10/11/2022
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7 Stocks That Could Implode Ahead of the 2022 Midterm Elections
- All signs are pointing to the Republicans winning the majority of the House in the 2022 midterm elections. Still, one or more “October surprises” could materialize that could conceivably prevent the GOP from gaining a majority.
- 10/11/2022
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ExxonMobil Is Considering a Big Splash to Enhance Its Low Carbon Ambitions
- Rumors are swirling that the oil giant is weighing a takeover of Denbury Resources.
- 10/11/2022
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Exxon Mobil And Enterprise Products: Our Best Anti-Inflation And Catalyst-Rich Oil Picks
- Among the major oil players, we see Exxon Mobil and Enterprise Products as the premier choice in the integrated space and midstream space, respectively. Our current inflation problem is largely a fuel cost problem, which is not a problem for either of them.
- 10/11/2022
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The 7 Most Undervalued Value Stocks to Buy Now
- The term “value stocks” refers to shares of companies that appear to be underpriced relative to their fundamentals. In the column below, I will provide you with information about seven undervalued value stocks that investors should buy now.
- 10/10/2022
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7 Energy Stocks to Buy on the Historic OPEC Production Cuts
- The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies (OPEC+) cut crude oil production by two million barrels per day. Naturally, this action imposes supply flow disruptions that sent prices higher.
- 10/10/2022
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Exxon Mobil: OPEC Deal Can't Torpedo Bear Case
- WTI crude oil prices have shot up to $93 per barrel. The current pricing is driven by a surging fear premium.
- 10/10/2022
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3 Top Dividend Stocks To Watch Today
- Are these the best dividend stocks to invest in right now?
- 10/10/2022
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Exxon Mobil Is Overheated After Slew of Positive Developments
- Many stocks are taking a hit this year, but Exxon Mobil Corp. ( XOM , Financial) is among those bucking the trend. Shares of the oil major are up by double digits this year.
- 10/09/2022
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Energy Stocks Are Outperforming The Market
- Big Energy Players To Look Into.
- 10/09/2022
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7 Blue-Chip Stocks That Are Too Cheap to Ignore
- The 2022 stock market downturn has created the opportunity to enter long-term positions in various stocks at bargain prices. After looking at the best cheap micro-cap and mid-cap stocks out there, let's turn our attention to cheap blue-chip stocks.
- 10/09/2022
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Exxon illegally fired two scientists suspected of leaking information to WSJ, Labor Department says
- ExxonMobil has been ordered to reinstate two scientists who were fired after being suspected of leaking information to The Wall Street Journal, the US Labor Department said Friday.
- 10/09/2022
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3 Top Oil Stocks to Buy on OPEC's Latest Move
- OPEC's decision to slash its production could send crude oil prices even higher.
- 10/09/2022
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Twitter, Exxon, Credit Suisse: Stocks That Defined the Week
- Here are seven major companies whose stocks moved on the week's news.
- 10/07/2022
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Energy stocks make gains despite supply and demand imbalance
- Jenny Harrington, Jim Lebenthal, Joe Terranova, join 'Halftime Report' to discuss gains in energy stocks, geopolitical issues contributing to supply and demand vulnerabilities, and investment strategies for energy stocks.
- 10/07/2022
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Exxon Mobil Stock: 2 Catalysts To Watch For By 2023
- Exxon Mobil's share buyback yield isn't as good as that of its peer Chevron, so an upward revision of XOM's current share repurchase guidance might be a key catalyst. Another potential catalyst for Exxon Mobil is higher-than-expected profit margins, with savings relating to cost optimization initiatives more than offsetting the weak profitability of the chemical segment.
- 10/07/2022
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Exxon Mobil: OPEC+ Gift
- Exxon Mobil's stock price is surging. The upwards momentum is due to OPEC+ deciding on output cuts.
- 10/07/2022
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These 3 S&P 500 Companies Are Cash-Generating Machines
- Let's face it - searching for stocks is difficult, especially with so many options available. One way to cut out the bad apples is by focusing on stocks with strong free cash flow.
- 10/06/2022
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The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade
- Engine No. 1 became known for its winning proxy war against ExxonMobil, but it sees the future of energy investing and climate change as a market being broader.
- 10/06/2022
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Oil Climbs on OPEC's Big Supply Cut, Energy Names Rally
- Following the OPEC+ announcement, energy stocks were generally higher yesterday, with three of the top five gainers on the S&P 500 being SLB, XOM and HAL.
- 10/06/2022
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Exxon Mobil Signals Strong Earnings Expectations
- Exxon Mobil (XOM) shares surged after issuing an earnings outlook suggesting natural gas prices would support already strong expectations for its third quarter, after a record second quarter.
- 10/06/2022
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How I'd Invest $10,000 Today
- The current bear market has created many attractive buying opportunities for investors.
- 10/06/2022
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Exxon Mobil: Quo Vadis - After OPEC+ Supply Cut?
- On October 5th, OPEC+ decided to reduce oil supply by 2 million barrels a day, which is equivalent to approximately 2% of the global demand. Exxon Mobil stock surged more than 4% the trading day following the OPEC+ announcement, speculating that higher oil prices would support profitability.
- 10/06/2022
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Consider Oil Protected By OPEC+, Invest In Exxon Mobil To Take Advantage
- OPEC+ has announced a 2 million barrel / day production cut, with an interest in maintaining higher prices. The group argues they need spare capacity. There is both supply-side risk from producers like Russia and demand-side risk from the potential reopening of China.
- 10/06/2022
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These 2 Blue-Chip Energy Stocks Jumped Wednesday Despite the Falling Market
- Find out what moved these particular companies' shares higher.
- 10/05/2022
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Why ExxonMobil Stock Is Rallying Today
- The oil company expects its earnings to remain strong in the third quarter.
- 10/05/2022
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Exxon Mobil Stock Surges On Update For Strong Q3
- Exxon Mobil stock surged Wednesday after it signaled natural gas prices would support already strong third-quarter expectations.
- 10/05/2022
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Is the Oil Price Going to Keep Going Up?
- OPEC is the news of the day, but long term there may be good news for oil prices.
- 10/05/2022
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What's Going On With Exxon Stock? - Exxon Mobil (NYSE:XOM)
- Exxon Mobil Corp (NYSE: XOM) shares are trading higher by 4.80% to $99.82 during Wednesday's session amid an increase in the price of oil following reports suggesting OPEC+ has agreed to a 2 million barrel per day output cut. Why It Matters
- 10/05/2022
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Why Are Energy Stocks Up Today?
- Source: Oil and Gas Photographer / Shutterstock.com Energy stocks are on the move Wednesday after OPEC+ agreed to cut the amount of oil produced. The organization of oil-producing countries will be cutting the amount of oil they make by 2 million barrels per day.
- 10/05/2022
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Why Are Oil Stocks XOM, OXY, INDO Up Today?
- Even with the broader stock market in the red this morning, oil stocks representing Exxon Mobil (NYSE: XOM ), Occidental Petroleum (NYSE: OXY ) and Indonesia Energy (NYSEAMERICAN: INDO ) were definitely in rally mode. Most likely, this is because the Organization of the Petroleum Exporting Countries (OPEC) Plus met today in Vienna, Austria and announced cuts to oil production.
- 10/05/2022
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3 Cheap Stocks to Buy for Their High Cash Flow and Dividends
- Living through bear markets sure can be tough. Such environments can create a lot of emotional turmoil, heartache and painful losses.
- 10/04/2022
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Five Expected Dividend Increases In October 2022
- Making sure that income stream grows is critical. Without growth, your dividend income stream will lose purchasing power to inflation.
- 10/03/2022
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Exxon Mobil: A Dividend Aristocrat Still Trading Below Graham Number
- Exxon remains one of the strongest fully integrated oil majors. A previous holding of both Buffett and Bill Gates until it fell out of favor and oil prices started sinking. Exxon Mobil is an excellent stock to evaluate both on its earnings and book value, a popular valuation metric taught by Benjamin Graham in the Intelligent Investor.
- 10/03/2022
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Why Oil Stocks ExxonMobil, Phillips 66, and Marathon Oil Were Higher Today
- Oil prices jumped 5% as OPEC+ signaled a production cut.
- 10/03/2022
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Energy Stocks CVX, XOM Rise on Potential OPEC Plus Production Cut
- Earlier this year, runaway inflation and the threat of a war between major military powers delivered cynical benefits to energy stocks like Chevron (NYSE: CVX ) and Exxon Mobil (NYSE: XOM ). However, with the Federal Reserve responding to upside pricing pressures and fears of a global recession rise, oil prices began declining conspicuously.
- 10/03/2022
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A substantial production cut likely to come out of OPEC's Vienna meeting
- Bob McNally, president & founder of Rapidan Energy Group, and Helima Croft, head of global commodity strategy at RBC Capital Markets, join 'The Exchange' to discuss expectations for OPEC's upcoming meeting in Vienna, possible cuts to oil output, and the potential congressional response to changes in retail gasoline prices.
- 10/03/2022
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/03/2022
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ExxonMobil And Biotech: How To Play A Declining Market - Exxon Mobil (NYSE:XOM), SPDR Series Trust SPDR S&P Biotech ETF (ARCA:XBI)
- On CNBC's “The Final Call,” Carter Worth said he liked biotech. He named SPDR S&P Biotech ETF (ARCA: XBI) hit a low on May 11 but “the S&P hasn't bottomed yet.
- 10/03/2022
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Why Exxon Mobil Stock Is Shooting Higher - Exxon Mobil (NYSE:XOM)
- Exxon Mobil Corp (NYSE: XOM) shares are trading higher by 3.48% to $90.35 during Monday's pre-market session. Shares of several oil stocks are trading higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.
- 10/03/2022
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5 Top Stocks for October
- This basket of growth and dividend stocks has some worthy additions to a diversified portfolio.
- 10/02/2022
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Bearish On Exxon, Chevron? This Inverse ETF Tracks The Energy Sector - Direxion Daily Energy Bear 2X Shares (ARCA:ERY)
- Direxion Energy Bear 2X Shares (NYSE: ERY) was trading flat on Friday after a four-day decline saw the ETF retrace 11% off the Sept. 26 high of $51.45.
- 09/30/2022
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Exxon CEO warns Biden administration against limiting fuel exports
- Exxon Mobil CEO Darren Woods is pushing back against Energy Secretary Jennifer Granholm's and the Biden Administration's misguided energy and trade policies.
- 09/30/2022
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4 High-Yield Stocks for Dividend Investors
- Dividend investors may be interested in the following stocks, as they offer much higher dividend yields than the S&P 500 Index. The U.S. benchmark index returned 1.76% at the end of regular hours on Thursday.
- 09/30/2022
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Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
- Exxon is arguing against the push to get energy companies to slow overseas shipments and stash more fuel in storage tanks.
- 09/30/2022
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Exxon Mobil: Russian Mobilization And Nord Stream Sabotage Create New Opportunities
- Oil and natural gas markets are likely to experience additional supply disruptions due to the ongoing Russian mobilization and the latest sabotage that occurred to both Nord Stream pipelines. As Russia escalates its war in Ukraine, there are already signs that its oil and natural gas production will substantially decrease in the following years.
- 09/30/2022
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3 Energy Stocks With Dividend Comfort: DINO, XOM & FANG
- HF Sinclair (DINO), ExxonMobil (XOM) and Diamondback Energy (FANG) are three fundamentally and operationally strong energy companies that should enable you to live-off dividends through sector volatility.
- 09/29/2022
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ExxonMobil & Shell Initiate Sale of Offshore Gas Assets
- ExxonMobil (XOM) and Shell (SHEL) are also seeking to divest their stakes in the British southern North Sea gas hub, consisting of the Clipper Leman Alpha hubs and the Bacton terminal in eastern England.
- 09/28/2022
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Boost Your Portfolio With These 3 Permian Explorers
- Handsome oil price continues to aid Diamondback (FANG), Chevron (CVX) and ExxonMobil (XOM).
- 09/28/2022
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Exxon Mobil: Game On
- Lower oil prices are creating an immediate fear that does not consider future prospects. The price-earnings ratio is so low that it is likely to expand in the future to historically normal levels.
- 09/27/2022
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Why Oil and Gas Stocks Bounced Back Today
- Hurricane Ian threatens Gulf of Mexico production just as oil prices hit lows not seen since January.
- 09/27/2022
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Exxon Mobil: Game Over
- Energy prices are seeing sustained momentum to the downside. Crude oil prices fell below $80 per barrel last week.
- 09/26/2022
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7 Stocks That Could Explode After the 2022 Midterm Elections
- Although arguably most folks hate the political season due to the back-and-forth mudslinging that materializes, investors will want to pay close attention to the 2022 midterm elections. According to historical data, the midterms broadly kick off superior market performance.
- 09/26/2022
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3 Oil Stocks To Watch This Week
- Are these the best oil stocks to invest in right now?
- 09/26/2022
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2 Top Energy Stocks to Buy Right Now
- If you are looking to add exposure to oil and gas stocks, tread carefully. And consider the strongest, most-diversified names.
- 09/24/2022
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Why Are Oil Stocks XOM, OXY, DVN Down Today?
- Why are oil stocks down today? Well, it surely doesn't help that the S&P 500 is down more than 2% so far in Friday's session and that crude oil prices are down almost 6%.
- 09/23/2022
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Is Exxon Mobil (XOM) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Exxon Mobil (XOM) and CVR Energy (CVI) have performed compared to their sector so far this year.
- 09/23/2022
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Why ExxonMobil, Occidental Petroleum, and Phillips 66 Stocks Just Dropped
- Should you buy this oil stock sell-off?
- 09/23/2022
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Energy stocks suffer broad beating as crude oil futures continue to sink
- Shares of oil and gas companies were taking a broad beating ahead of Friday's open, as growing concerns of a coming recession has sent crude oil futures CL00, -3.09% sinking toward an eight-month low. The SPDR Energy Select Sector ETF XLE, -0.36% slumped 3.2% in premarket trading, with all 21 components selling off, as crude futures shed 3.4% and while futures ES00, -1.42% for the S&P 500 SPX, -0.84% fell 1.4%.
- 09/23/2022
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7 Stocks to Buy During a Stock Market Crash
- Given the chaotic developments both economically and geopolitically, much discussion has centered on a potential equities market crash and how certain stocks to buy may benefit over the long run due to the subsequent discount. However, it's fair to bring up the academic likelihood of such a scenario panning out.
- 09/22/2022
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Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices
- Over the long haul, stock prices are pushed higher by steady increases in estimates for companies' sales and earnings. But this process has been reversed recently for many sectors and scores of companies — since June 30, consensus 12-month sales estimates have been cut for 172 companies in the S&P 500.
- 09/22/2022
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ExxonMobil Versus Chevron: A Case for Owning Both
- ExxonMobil (XOM) and Chevron (CVX) each carry a Zacks Rank #2 (Buy), meaning you can have both companies in the portfolio.
- 09/22/2022
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Better Buy: Occidental Petroleum vs. ExxonMobil Stock
- While both stocks are solid bets on oil prices, one appears to have a more short-term appeal than the other.
- 09/22/2022
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7 Energy Stocks Primed for a Q3 Earnings Gusher
- It's been a banner year for energy stocks. With oil prices cresting above $120 a barrel and continuing to trade in a range between $85 and $105, energy companies are reaping record profits and issuing incredible earnings.
- 09/22/2022
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 09/21/2022
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200 Days Of War's Impact On Energy Stocks: Exxon And Enbridge In Focus
- The Russia-Ukraine war has been going on for more than 200 days (207 days to be exact) and keeps creating large gyrations in oil and natural gas prices. And sadly, according to Lindy's Law, now the war's chance of going on for another 200 days actually INCREASED, not decreased.
- 09/21/2022
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$80 Oil Could Be Here to Stay. These Stocks Stand to Gain.
- Policy makers are rethinking the price of a barrel so it's high enough to encourage drilling but low enough to keep help drivers.
- 09/20/2022
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7 Stocks to Buy if Republicans Take the House
- Source: Shutterstock With September almost over, the 2022 midterm elections are less than two months away. Historically, markets suffer in the months leading up to midterms.
- 09/19/2022
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Why Oil and Gas Stocks Dropped on Monday
- Fear of higher interest rates is hurting oil today.
- 09/19/2022
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The 7 Best Market Sectors for Q4
- For many investors, 2023 can't come soon enough. The S&P 500 is down 16.93% for the year and the Nasdaq is down over 25%.
- 09/18/2022
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BP Appears to be a Solid Investment Bet Right Now: Here's Why
- Attractive oil price is aiding BP's upstream operations.
- 09/16/2022
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3 Dividend Stocks to Gain Amid Energy Sector Volatility
- Dividend growers like Chevron (CVX), ExxonMobil (XOM) and Diamondback (FANG) are expected to give dividends to their investors despite volatility in the energy market.
- 09/16/2022
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This Big Oil Stock Stands To Get Even Bigger As It Grows And Builds A Base
- Imperial Oil, Canada's No. 3 oil company, is building a cup-with-handle base as it continues to grow and overcomes obstacles.
- 09/15/2022
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Why Oil Stocks Were in Retreat Today
- There was some misunderstanding from the White House yesterday, and demand fears loomed again on Thursday.
- 09/15/2022
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Our 7 Favorite Oil Stocks Heading Into Q4
- When it comes to the overriding narrative of oil stocks to buy in 2022, the framework points to an obvious catalyst: Russia, Russia, Russia. With its invasion of neighboring Ukraine, the action tilted the energy market off kilter.
- 09/15/2022
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Top 5 Picks From S&P 500's Best-Performing Sector Year to Date
- We have narrowed our search to five oil bigwigs that have popped more than 30% year to date. These are: XOM, CVX, MPC, VLO and CTRA.
- 09/15/2022
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Why ExxonMobil, Occidental Petroleum, and Devon Energy Stocks Surged Today
- Investors are buying these oil stocks on the dip in anticipation of a tighter oil market and higher crude prices.
- 09/14/2022
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Key questions remain around future oil supply, says RBC Capital's Helima Croft
- Helima Croft, head of global commodity strategy at RBC Capital Markets, joins CNBC's 'Squawk Box' to discuss moves in energy prices following August's inflation report, which showed a sharp decline in gasoline prices
- 09/14/2022
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3 Energy Stocks With Robust Earnings and Sales Growth
- Energy stocks have been the best performers of 2022, with the sector up 48% compared with a 14% loss for the broader market. In fact, the only other sector that has generated a positive return this year is utilities, and their 9% gain pales in comparison.
- 09/13/2022
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7 High-Yield Dividend Stocks to Buy Now
- With the world's most powerful central bank committed to a hawkish monetary policy, the narrative for high-yield dividend stocks to buy – which can present fundamental risks – just got much more interesting. Let's get the bad stuff out of the way first.
- 09/13/2022
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Best Dividend Stocks to Buy Now According to the Zacks Rank
- Place bets on dividend-paying stocks like Exxon Mobil (XOM), Horizon Bancorp (HBNC), Radian Group (RDN), BRT Apartments (BRT) and Provident Financial Services (PFS) for a steady stream of income.
- 09/13/2022
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Why Occidental Petroleum, ExxonMobil, and Kinder Morgan Stocks Jumped Monday
- Oil and gas prices, and a major billionaire investor's activity drew attention to the oil stocks.
- 09/12/2022
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7 Blue-Chip Stock Picks to Beat the September Market Slump
- With Federal Reserve chair Jerome Powell effectively setting the stage for a challenging environment in the equities sector, investors ought to consider the most relevant blue-chip stock picks to beat the September market slump. As well, it's not just Powell creating rumblings in the investment space.
- 09/12/2022
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3 No-Brainer Oil Stocks to Buy in September
- These oil stocks can thrive no matter where oil prices head next.
- 09/11/2022
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Three Energy Aristocrat Stocks for Investors to Consider
- Here is a look at three energy Aristocrats that have consecutively raised their dividend for the last 25 years.
- 09/09/2022
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/09/2022
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Exxon Mobil Vs. BP: Which Is The Better Big Oil Pick?
- The macro environment for oil and gas companies is excellent in the near term and very solid in the long run. XOM and BP operate with different strategies when it comes to hydrocarbon investments and green energy assets.
- 09/09/2022
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How to play the volatile energy space
- Kevin Book, Clearview Energy Partners, and Kenny Polcari, Slatestone Wealth, join the 'CNBC Special: Blue Chip Playbook' to discuss investing in energy, including stocks like ExxonMobil and Chesapeake Energy. With Miller Value Partners' John Spallanzani.
- 09/08/2022
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Exxon Mobil Presents A Unique Opportunity But Must Be Traded Carefully
- Exxon Mobil has unique competitive advantages that will enable long-term outperformance in the oil & gas industry. The industry remains underinvested and undercapitalized - oil prices should benefit in the medium to long term.
- 09/07/2022
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Why Are Oil Stocks Down Today?
- Oil stocks have been showing some weakness lately, but are really taking a hit on Wednesday. Crude oil prices are hitting new lows this afternoon and are down over 5.5% on the day.
- 09/07/2022
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Exxon Mobil to Accept FLEETCOR's Fuelman, Comdata Cards
- Business payments company FLEETCOR has signed an agreement with Exxon Mobil, with its Fuelman cards now accepted at over 12,000 U.S. Exxon and Mobil stations. According to a Wednesday (Sept.
- 09/07/2022
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Why ExxonMobil, Occidental Petroleum, and Devon Energy Stocks Dropped Wednesday
- What will it take to move oil prices higher again?
- 09/07/2022
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Occidental Petroleum, Exxon Mobil, And The Buffett Premium
- Lately, much of the discussion on big oil stocks has been surrounding the thinking of Warren Buffett - for very good reasons. It is often a good idea to follow proven investors like Buffett, but it is always helpful to form our own views too.
- 09/07/2022
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There are opportunities in ENP infrastructure and renewables, says Kayne Anderson CEO
- Al Rabil, Kayne Anderson CEO, joins 'Squawk on the Street' to discuss if or why there's been a pullback in energy investment, if there's capital available to reverse the underinvestment in energy, and more.
- 09/06/2022
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Exxon Mobil: Russia Sanctions Create A Gold Mine
- Russia just indefinitely shut off the important Nord Stream 1 pipeline that has been supplying Europe with gas. The pipeline shutdown likely came in response to G7 leaders trying to place a price cap on Russian oil.
- 09/06/2022
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S&P 500 Likely to Trade Rangebound in September: 5 Picks
- We have narrowed our search to five S&P 500 stocks that have popped year to date despite the index's bloodbath. These are: ADM, CTVA, MCK, MPC and XOM.
- 09/06/2022
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Exclusive-Shell, Exxon launch sale of major Dutch gas venture -document
- Shell and Exxon Mobil have put up for sale one of Europe's largest and oldest natural gas production ventures, betting on soaring energy prices amid tensions with Russia to attract buyers, according to a document and industry sources.
- 09/06/2022
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Here's Why ExxonMobil (XOM) Stock Surges 74.3% in a Year
- The positive trajectory in oil prices is a boon for ExxonMobil's (XOM) upstream operations as it holds a pipeline of key projects in the prolific Permian Basin.
- 09/05/2022
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How Tiny Engine #1 Was Able To Turn Exxon Around
- As I have been writing for over a decade on Seeking Alpha, Exxon has been a drastic underperforming company. Indeed, total returns were negative over an entire decade. In my opinion, XOM's recent turnaround was largely due to the very positive impact of tiny activist Engine #1 (0.02% stake in XOM) winning three seats on Exxon's board of directors.
- 09/05/2022
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Elon Musk Says the World Needs More Oil and Gas -- Here Are 3 Ways to Invest
- The Tesla CEO knows that oil and gas are here to stay for the long term, and so are the industry's top stocks.
- 09/04/2022
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Is Now A Good Time To Invest In Energy Stocks?
- Oil and gas energy companies were the #1 S&P 500 sector in 2021 and so far again in 2022, helped by the fact that their rally began from extreme undervaluation. Over the very long term and particularly the past ten years, energy lost S&P 500 sector weight mainly to technology stocks; the recent huge rally may represent a turning point.
- 09/02/2022
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3 Stocks Displaying Remarkable Relative Strength in 2022
- All three companies' shares have soared in 2022, providing investors with supercharged returns. In addition to favorable price action, all three companies carry a strong Zacks Rank paired with enticing dividend payouts.
- 09/02/2022
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Exploring the Energy Sector's Ongoing Earnings Boom
- The sector's expected earnings haul in 2022, as well as current estimates for the next two years, represent all-time records for the space, easily surpassing the previous record set in 2008 when oil prices had gone above $140 per barrel.
- 09/02/2022
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Why ExxonMobil Stock Is Rising Today
- The oil company continues to benefit from higher crude prices.
- 09/02/2022
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Energy stocks are in a 'sweet spot' with no resolution to the energy crisis on the horizon, JPMorgan says
- The S&P 500 Energy sector is a standout because of attractive valuations and strong fundamentals. The sector is the top gainer on the S&P 500 index.
- 09/02/2022
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Exxon, Shell sell California oil joint venture to asset manager IKAV
- HOUSTON (Reuters) -Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV, ending a 25-year-long partnership that was one of the largest oil producers in the state.
- 09/01/2022
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Option Trade On XOM Stock May Return 19%, As Long As Price Action Is Steady
- This iron condor trade on Exxon Mobil has the potential to return 19% if the stock price stabilizes and implied volatility drops. The post Option Trade On XOM Stock May Return 19%, As Long As Price Action Is Steady appeared first on Investor's Business Daily.
- 09/01/2022
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Mario Gabelli's Gabelli Asset Fund 2022 Semiannual Report
- To Our Shareholders,
- 08/31/2022
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U.S. Appeals Court upholds $14 million judgment against Exxon
- The U.S. Fifth Circuit Court of Appeals in New Orleans on Tuesday upheld a $14.25 million judgment against Exxon Mobil Corp for pollution from its Baytown, Texas, refining and petrochemical complex.
- 08/31/2022
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Exxon, Shell close to selling California oil and gas venture Aera - sources
- Exxon Mobil Corp has joined Shell Plc in seeking to divest their Aera joint venture, and the duo are in advanced talks with a buyer for the California oil and gas producer, three people with knowledge of the matter said.
- 08/31/2022
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‘Energy is a hedge against everything going wrong': Joe Terranova
- Oil has been in a downtrend over the past three months but Joe Terranova (Chief Market Strategist at Virtus Investment Partners) remains convinced the energy trade is not over yet.
- 08/31/2022
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These large-cap oil stocks fell as much as 5% on Tuesday
- The S&P 500 energy sector fell 3.4% on Monday as oil futures pulled back and the broader stock market declined.
- 08/30/2022
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Exxon Mobil escalates dispute with Russia after government blocks exit from oil and gas project
- Exxon Mobil is escalating its dispute with the Russian government, threatening to sue the country if it doesn't allow the energy giant to exit a major oil and gas project, the Wall Street Journal reported.
- 08/30/2022
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Top Trending Stocks Today? 3 To Buy According To Analysts
- Are these the best natural gas stocks to invest in 2022?
- 08/30/2022
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Final Trades: Cleveland-Cliffs, Dollar General, Exxon & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/29/2022
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A Hawkish Fed Can't Burst Oil's Bubble
- The Fed's resolute stand on battling inflation had the markets swooning Friday. But there was one bright spot.
- 08/29/2022
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Is Most-Watched Stock Exxon Mobil Corporation (XOM) Worth Betting on Now?
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/29/2022
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Forget Meltdown, Each Dip Offers a Solid Entry Point: 5 Picks
- we have narrowed our search to five U.S. corporate giants to buy-on-the-dip to generate handsome profits in the mid-to-long-term. These are: TSLA, XOM, V, HUM and MAR.
- 08/29/2022
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Exxon Mobil: Sanctions Against Russia Are A Game Changer
- Western sanctions against the Russian oil and natural gas industries will reshape global energy markets forever. Russia is already struggling to scale the production of oil and natural gas, even though most of the sanctions are yet to be implemented.
- 08/28/2022
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2 Safe Stocks With Fortress Balance Sheets
- The energy sector is notoriously volatile, and these two energy giants have used their balance sheets to protect them for years.
- 08/28/2022
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Exxon Mobil: The Most Serious Bull Case Ever
- In this article, I start by explaining why this oil bull market is so serious, looking at the supply side and reasons why oil production growth is subdued. I then explain why Exxon is my second-largest holding based on dividend consistency and its ability to benefit from what I expect to be a very long bull market.
- 08/28/2022
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Why the P/E Ratio Is Extra Useful to Investors During These Times
- Prices alone can be deceiving.
- 08/27/2022
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Final Trades: Exxon, Chevron, Alphabet & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/26/2022
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Best Growth Stocks to Buy for August 26th
- TFII, XOM, and EQNR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 26, 2022.
- 08/26/2022
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Here are 5 reasons why energy stocks look like a buy despite rising 74% in a year
- Stocks in the S&P 500's energy sector still have plenty of upside despite their 74% surge in the past 12 months, according to Jeff Buchbinder, chief equity strategist at LPL Financial.
- 08/25/2022
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Oil Companies Focus On Buybacks Before Production Increases
- Oil companies are focusing on returning money to investors over increasing oil production. The post Oil Companies Focus On Buybacks Before Production Increases appeared first on Investor's Business Daily.
- 08/25/2022
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ExxonMobil (XOM) to Shut Louisiana Refinery for Repair Work
- ExxonMobil (XOM) plans to shut down the Far East Coker in early January to replace all of its coke drums. The replacement work is expected to take 68 days to complete.
- 08/24/2022
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Top Stocks To Buy Now? 3 Dividend Paying Stocks To Watch Today
- Check out these three top dividend paying stocks in the stock market this week.
- 08/24/2022
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Warren Buffet Adds Big to Oil Positions: 7 Dividend Energy Stocks to Grab Now Before Prices Explode
- If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.
- 08/24/2022
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Is Now the Time to Buy Oil Equipment and Services Stocks?
- There's a healthy bull vs. bear debate over the oil services sector.
- 08/23/2022
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7 Top-Rated Large-Cap Stocks to Buy and Hold
- Top-rated large-cap stocks can offer a bit of security in volatile times. After the relief rally earlier this month, stocks may be in for another bout of weakness.
- 08/23/2022
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7 Stocks to Buy This Week
- The stocks to buy this week relate to major news items that occurred relatively recently. As well, they take into consideration prior price action.
- 08/22/2022
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The 7 Best Oil Stocks to Buy Now
- After spending much of the pandemic in a bear market, oil stocks have rallied in 2022. Despite the rally slowing a bit, I believe the macroeconomic environment is still highly favorable for oil stocks.
- 08/22/2022
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Best Growth Stocks to Buy for August 22nd
- DDS, XOM and EQNR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 22, 2022.
- 08/22/2022
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5 Energy Stocks You Can Buy and Hold for the Next Decade
- Ignore the noise and hold stocks of these top companies tight.
- 08/21/2022
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Why Are Energy Stocks Up Today?
- Energy stocks have been the big winner of late as U.S. natural gas prices soar to a 14-year high. Not unnoticed, the Energy Select Sector SPDR Fund (NYSEARCA: XLE ), which tracks energy companies on the S&P 500, is up five percent in just as many days.
- 08/19/2022
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Exxon Mobil Stock: Bullish View Vs. Bearish View
- We touch upon some of the attractive facets of owning the stock. Conversely, we also highlight a few unappealing narratives.
- 08/19/2022
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Exxon Mobil Has An Ace Up Its Sleeve
- Exxon Mobil is trading 15% off its 52-week high of $105. The entire oil sector has fallen along with the price of oil over the last month.
- 08/19/2022
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Final Trades: Devon Energy, Enterprise Products, Exxon Mobil & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/18/2022
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5 Companies Most at Risk of Biden's Stock Buyback Tax
- Is the upcoming stock buyback tax bad news or no big deal? That's what investors are asking now, following President Biden's signing of the Inflation Reduction Act into law on Aug 16.
- 08/18/2022
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How To Trade ETFs; Why A Bear Call Spread In This Oil ETF May Reap A $120 Profit
- The spread will achieve the maximum 31.6% profit if OIH closes below 250 on Sept. 16. The post How To Trade ETFs; Why A Bear Call Spread In This Oil ETF May Reap A $120 Profit appeared first on Investor's Business Daily.
- 08/17/2022
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Final Trades: Amgen, Exxon, Illinois Tool Works & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/17/2022
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Best Growth Stocks to Buy for August 17th
- PERI, SQM, and XOM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 17, 2022.
- 08/17/2022
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ONGC inks agreement with ExxonMobil for deepwater exploration in India
- Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater exploration in the country's East and West coasts.
- 08/17/2022
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Buy 6 August 40+ Year Dividend Growers
- DRIP Investing lists over 800 stocks that have annually increased dividends for 5 years or more. As of July, 62 stocks have hiked their dividends annually 40 years or more. Parsed from 129 Champions, utilizing YCharts data as of 8/15/22, those 62 select-dividend stocks ranged 0.87% to 5.95% in annual yield, and ranged -17.74% to 31.143% in analyst 1-yr price.
- 08/17/2022
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Exxon, Occidental Petroleum Lead Heavy Month Of Insider Buying
- Exxon Mobil and Occidental Petroleum are the top two insider buys in August if for different reasons. In both cases, dividends and dividend growth are here.
- 08/17/2022
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Exxon Mobil, Chevron, And The Gates-Buffett Divergence
- Great minds think alike. But what is even more interesting is when they do not. Bill Gates commented that some of the big oil companies will be worth very little 30 years from now, while Warren Buffett kept buying big oil stocks.
- 08/16/2022
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Paulson's fund sells off Exxon Mobil, SPDR Gold ETF stakes
- Hedge fund Paulson & Co. has sold off of its Exxon Mobil Corp. XOM, -1.79% holdings, according to a filing late Monday. The fund, led by John Paulson, who famously bet against the housing market before its 2008 collapse, also sold off its positions on the SPDR Gold ETF.
- 08/15/2022
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Three Stock Lunch: Disney, Moderna and Exxon Mobil
- Delano Saporu, New Street Advisors CEO, joins 'Power Lunch' to discuss Saporu's investing take on three stocks: Disney, Moderna and Exxon Mobil. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 08/15/2022
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Why ExxonMobil Stock Was Slipping Today
- A decline in oil prices pushed shares of the energy giant lower.
- 08/15/2022
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New S&P 500 Member Breaks Out, Leading 5 Stocks Near Buy Points
- New S&P 500 member Onsemi surged into a buy zone Friday, leading five stocks to watch with handle buy points. The post New S&P 500 Member Breaks Out, Leading 5 Stocks Near Buy Points appeared first on Investor's Business Daily.
- 08/13/2022
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Is the Energy Trade Over?
- When a stock or a sector has a strong run, investors inevitably ask: Am I too late? Energy stocks – especially old-school oil and natural gas stocks – have definitely enjoyed a strong run.
- 08/12/2022
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These 3 Stocks Have Been Paying a Dividend Longer Than Any Other Public Company
- These passive-income powerhouses have doled out dividends for at least 140 consecutive years.
- 08/12/2022
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A Trio of Stocks With High Earnings Returns
- Looking for stocks whose earnings returns are more than double the monthly spot rate of 20-year high-quality market corporate bonds could provide more opportunities to discover high-return investments. The investment-grade bonds represent corporate loans issued by triple-A, double-A and single-A rated companies.
- 08/11/2022
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Nigerian president withholds approval of Exxon Mobil's asset sale
- Nigeria's President Muhammadu Buhari has withheld his initial approval of Exxon Mobil's sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent.
- 08/11/2022
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Exxon Mobile: Here's How To Enhance The Yield By 30% On One Of The S&P 500's Highest Yielding Stocks
- Oil giant Exxon Mobil has long offered a solid dividend to investors. By using the covered call option strategy, here's how investors can enhance the yield by 30% on an annualized basis.
- 08/10/2022
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Exxon Stock Is Rebounding; Why A Covered Call Could Boost The Yield By 30%
- The $2.70 in premium received also gives a small buffer on the downside of almost 3%. The post Exxon Stock Is Rebounding; Why A Covered Call Could Boost The Yield By 30% appeared first on Investor's Business Daily.
- 08/10/2022
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4 Natural Gas Stocks To Watch Today
- Are these the best natural gas stocks to watch today?
- 08/10/2022
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Exxon Mobil's Upside Potential Is Immense
- We view Exxon Mobil Corporation's capital appreciation upside and income generation potential quite favorably. Exxon Mobil has been steadily deleveraging while improving its cost structure and keeping its capital expenditure budgets relatively tame, moves that are enhancing its cash flow generating abilities.
- 08/10/2022
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Is Exxon Mobil A Good Dividend Stock? Focus On Dividend Growth And Yield
- Exxon Mobil has raised its annual dividends for 39 years running, and future dividend cuts are unlikely considering XOM's financial leverage and breakeven. XOM offers a higher dividend yield as compared to the other US oil majors.
- 08/09/2022
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Exxon Mobil's Nigeria asset sale hits regulatory hurdle
- Nigeria's petroleum regulator said on Tuesday it stood by its refusal to approve Exxon Mobil's $1.28 billion sale of shares in its Nigerian unit to Seplat after President Muhammadu Buhari approved the transaction.
- 08/09/2022
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Buy 4 S&P 500 August Dog Days Dividend Aristocrats
- "Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years." - Kiplinger.com/Investing. 65 Aristocrats screened as of August 4, 2022 represented all eleven Morningstar Sectors. Broker estimated top-ten net gains ranged 14.54%-40.69% topped by XOM & SWK.
- 08/08/2022
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3 Stocks With Momentum Anomaly to Buy on Solid Jobs Data
- Encore (WIRE), Delek (DK) and Exxon Mobil (XOM) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 08/08/2022
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5 High-Flying U.S. Corporate Giants to Buy Despite Volatility
- We have narrowed our search to five U.S. corporate giants. These are; XOM, CVX, AEP, MRK and SO.
- 08/08/2022
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Best Growth Stocks to Buy for August 8th
- DK, XOM and PPC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 8, 2022.
- 08/08/2022
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Buying Cheap Stocks Isn't the Same as Value Investing -- It Pays to Know the Difference
- Don't let the price fool you.
- 08/07/2022
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Energy Companies Report Impressive Earnings
- Energy earnings have come in fast and furious over the past two weeks – and their results have not disappointed. This shouldn't be too much of a surprise, as according to FactSet, the energy sector's blended earnings growth rate during this period increased to a whopping 290.3%.
- 08/06/2022
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3 Oil and Gas Stocks That Are Passive Income All-Stars
- These dividend stalwarts should help investors rest easy no matter what the market throws at them.
- 08/06/2022
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The 7 Best Dividend Stocks for Passive Income
- The stock market is known for its volatility. And after a sizzling 2021, the down days have returned with force this year.
- 08/05/2022
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Exxon Mobil Stock Is One Of The Worst To Own In August
- This commentary first appeared on Forbes Great Speculations , where Schaeffer's Investment Research is a regular contributor.
- 08/04/2022
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3 S&P 500 Companies Generating Substantial Cash
- A high free cash flow provides more growth opportunities, a higher potential for share buybacks, stable dividend payouts, and the ability to wipe out any debt with ease.
- 08/03/2022
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Exxon Mobil Stock Is One Of The Worst To Own In August
- Seasonality shows XOM could cool off as August heats up, with the security appearing on White's list of 25 worst S&P 500 performers for the month, looking back over the last decade
- 08/03/2022
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New Strong Buy Stocks for August 3rd
- SSB, AHH, PCB, XOM and PUMP have been added to the Zacks Rank #1 (Strong Buy) List on August 3, 2022.
- 08/03/2022
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Best Value Stocks to Buy for August 3rd
- PUMP, XOM and TFII made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 3, 2022.
- 08/03/2022
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Best Growth Stocks to Buy for August 3rd
- XOM, LNG and MPC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 3, 2022.
- 08/03/2022
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5 S&P 500 Behemoths to Buy for Stellar Returns in August
- We have narrowed our search to five U.S. corporate giants with strong potential for the rest of 2022. These are: CVX, XOM, V, TSLA and NEE.
- 08/02/2022
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Exxon Mobil's Share Price Should Be In The Triple Digits
- Exxon Mobil's share price has still struggled to break into the triple digits despite the company's continued performance. The company's annualized FCF gives it a double-digit FCF yield despite its recent financial weakness.
- 08/02/2022
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Shale Oil Stocks Drop Ahead Of Quarterly Earnings
- Shale oil producers will be reporting quarterly results this week, coming on the heels of energy giants Exxon Mobil, Chevron and Shell all posting record profits.
- 08/01/2022
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Energy ETFs to Dig on Record Q2 Earnings From Exxon, Chevron
- Exxon Mobil and Chevron logged in the biggest-ever quarterly profit for the second quarter.
- 08/01/2022
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Cramer explains why Big Oil is a buy as prices slump
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team break down shares of big oil companies as oil prices slump and the energy sector lags.
- 08/01/2022
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Exxon Mobil's Q2: Everything You Need To Know
- Exxon Mobil's business generated record profits in Q2 due to favorable pricing in crude and natural gas. Free cash flow grew 56% quarter over quarter. FCF conversion improved.
- 08/01/2022
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7 Oil Stocks to Buy on the Dip
- Although soaring gasoline prices represented one of the signature pain points of the year so far, the crippling inflation rate has finally seeped into the hydrocarbon energy sector's demand profile, thus leading to unusual weakness in pricing. Nevertheless, this favorable dynamic for consumers may not last that long — thus inviting a look at oil stocks to buy on the dip.
- 07/31/2022
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2 Dividend Stocks to Buy on Sale
- Dividend stocks are more critical than ever to producing long-term portfolio gains.
- 07/31/2022
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ExxonMobil-Led Consortium Bucks Oil Industry Trends In Guyana
- As the global oil and gas industry was under-investing in the finding of new reserves in recent years, a consortium led by ExxonMobil was pouring billions into the Stabroek Block offshore Guyana. The result has been the delivery of a world-class resource asset.
- 07/30/2022
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Exxon Mobil: Elephant Hunter Found A Herd
- The Guyana partnership will steadily increase in significance to Exxon Mobil's production. More reserves are likely in neighboring Suriname as well as at deeper depths in Guyana.
- 07/29/2022
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Apple, Amazon & Big Tech Showcase Their Earnings Power Once Again
- No company is completely immune from cyclical forces.
- 07/29/2022
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Exxon, Chevron, Shell profits soar on oil's surge
- Energy firms ExxonMobil, Chevron and Shell all saw profits jump last quarter, when strong oil demand drove gas prices to the highest on record.
- 07/29/2022
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Exxon Mobil Corp (XOM) CEO Darren Woods on Q2 2022 Results - Earnings Call Transcript
- Exxon Mobil Corp (NYSE:XOM ) Q2 2022 Earnings Conference Call July 29, 2022 9:30 AM ET Company Participants Jennifer Driscoll - VP, IR Darren Woods - Chairman, President & CEO Kathryn Mikells - SVP & CFO Conference Call Participants Neal Dingmann - Truist Securities Doug Leggate - Bank of America Merrill Lynch Devin McDermott - Morgan Stanley John Royall - JPMorgan Chase & Co. Stephen Richardson - Evercore ISI Biraj Borkhataria - RBC Capital Markets Neil Mehta - Goldman Sachs Group Manav Gupta - Crédit Suisse Sam Margolin - Wolfe Research Jason Gabelman - Cowen and Company Roger Read - Wells Fargo Securities Jeanine Wai - Barclays Bank Ryan Todd - Piper Sandler & Co. Operator Good day, everyone, and welcome to this Exxon Mobil Corporation Second Quarter 2022 Earnings Call. Today's call is being recorded.
- 07/29/2022
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Why ExxonMobil Stock Hit the Gas Today
- Investors applaud Exxon's most profitable quarter ever.
- 07/29/2022
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XOM Stock Of The Day, Clears Key Resistance On Record Earnings
- XOM stock topped an early entry Friday, advancing after the energy giant reported record earnings in the second-quarter. The post XOM Stock Of The Day, Clears Key Resistance On Record Earnings appeared first on Investor's Business Daily.
- 07/29/2022
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Exxon Skips Its Victory Lap
- It will take more than just happy shareholders to keep U.S. oil majors' momentum going.
- 07/29/2022
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Exxon Q2 earnings report: ‘we continue to see growth'
- Exxon Mobil Corp (NYSE: XOM) is up roughly 4.0% on Friday after its Q2 earnings report came in much better-than-expected. CEO expects oil prices to remain high Interestingly, CEO Darren Woods expects oil prices to remain elevated (about $100 a barrel or above) over the next five years.
- 07/29/2022
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Exxon, Chevron see blowout earnings amid high energy prices
- Yahoo Finance Live anchors discuss earnings results from oil giants Exxon and Chevron after high energy prices led to record profits in the second quarter.
- 07/29/2022
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Exxon Mobil Boasts Record Profits for Q2
- The shares of Exxon Mobil Corp (NYSE:XOM) are up 4.4% at $96.76 this morning after the oil and gas company topped analysts' estimates by reporting record-breaking earnings of $4.14 per share for the second quarter.
- 07/29/2022
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Exxon Mobil (XOM) Stock Pops on Record Profits
- Source: Jonathan Weiss / Shutterstock.com Exxon Mobil (NYSE: XOM ) stock is rising on Friday following the release of its earnings report for the second quarter of 2022. The big news from that earnings report is adjusted earnings per share of $4.14.
- 07/29/2022
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Exxon Mobil CEO Darren Woods: Logistics and supply constraints continue to be a challenge
- Darren Woods, CEO at Exxon Mobil, joins CNBC's 'Squawk Box' to react to the company's latest quarterly earnings report, which has sent shares of the energy giant higher in premarket trading Friday.
- 07/29/2022
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Exxon Mobil (XOM) Surpasses Q2 Earnings Estimates
- Exxon (XOM) delivered earnings and revenue surprises of 8.95% and 1.99%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2022
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Exxon Mobil sees its 2Q profit soar nearly 300% on surging energy prices
- Exxon Mobil Corporation (NYSE:XOM) has announced second-quarter 2022 net income of $17.9 billion, or $4.21 per share, the largest quarterly profit in the company's history, and an almost 300% increase over the $4.69 billion, or $1.10 per share, it earned during the same period a year ago. Its profit for the period also included a $300 million, one-time gain related to the sale of the Barnett Shale upstream asset.
- 07/29/2022
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Exxon Mobil reports second-quarter earnings, beats Wall Street's expectations
- CNBC's 'Squawk Box' team breaks down the latest quarterly earnings report from Exxon Mobil.
- 07/29/2022
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Windfall Profits Have Exxon Mobil On Track For New Highs
- Results from Exxon Mobil and its competitors proved the thesis of windfall profits correct, now its time for dividend increases and share repurchases.
- 07/29/2022
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Exxon hits record profit and Chevron's triples amid high energy prices, sending stocks higher premarket
- Wall Street investors bid up Exxon Mobil Corp. and Chevron Corp. shares Friday after both oil majors more than tripled their profits to surpass analyst expectations, on the heels of high energy prices.
- 07/29/2022
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U.S. oil giants Exxon, Chevron post blowout earnings, ramp up buybacks
- The two largest U.S. oil companies, Exxon Mobil and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.
- 07/29/2022
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Chevron, Exxon post record quarterly profits as commodity prices boom
- Chevron and Exxon earned record profits during the second quarter of 2022.
- 07/29/2022
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Exxon Mobil stock surges premarket after earnings crush consensus estimates
- Exxon Mobil Corp. shares XOM, +1.17% surged 2.5% in premarket trade Friday, after the oil giant blew past earnings estimates for the second quarter amid high oil prices and higher production. The company posted net income of $17.850 billion, or $4.21 a share, for the quarter, more than three times the $5.480 billion, or $1.28, posted in the year-earlier period.
- 07/29/2022
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Exxon posts record-breaking second-quarter profit
- Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending.
- 07/29/2022
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Better Oil Stock: Exxon vs Chevron
- These oil giants are ruling the industry, but one stock has made shareholders more money over the years.
- 07/29/2022
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Is It Time To Buy Exxon Stock As It Builds A Base And Prepares To Announce Q2 Earnings?
- Exxon Mobil has gained as oil prices surged and Russia attacked Ukraine, but is XOM still a buy as it prepares to release Q2 earnings? The post Is It Time To Buy Exxon Stock As It Builds A Base And Prepares To Announce Q2 Earnings?
- 07/28/2022
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Vanguard's Dividend ETF Sees Massive June Inflow
- Vanguard's flagship dividend ETF, the Vanguard High Dividend Yield ETF ( VYM , Financial), has experienced an incredible $1.86 billion worth of inflows amid an $8 billion rush towards equity Smart Beta funds. This ETF seems like it's garnering serious traction, which could result in a prolonged period of gains.
- 07/28/2022
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What To Expect From Exxon Mobil's Stock Post Q2?
- Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas and North America's largest energy company by market cap, is scheduled to announce its fiscal second-quarter results on Friday, July 29.
- 07/28/2022
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7 Energy Stocks Trading at a Discount Right Now
- The energy sector is broadly defined to comprise all companies that produce power. It is divided into non-renewable and renewable sources.
- 07/28/2022
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Final Trades: Exxon, Nvidia, Devon Energy & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/27/2022
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4 Energy Stocks to Buy Before They Report Earnings This Week
- All signs point to continued strength in oil and gas stocks, four of which look good for snapping up before the companies report quarterly earnings.
- 07/27/2022
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Top 5 Stocks To Buy For Second Half 2022
- Inflation remains on fire, CPI reached 9.1% and the Fed continues to hike rates to curb inflation. Negative sentiment has investors hyper-sensitive to declines in their portfolios. With fear moving the markets, investors should consider stocks that can weather all storms.
- 07/27/2022
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Bert's June 2022 Dividend Income Summary
- We received $2,818.44 in June dividend income. This was a 21.79% year over year increase. Individual dividend growth stocks paid us $1,686.78. This represented 60% of the total dividend income received. ETFs and mutual funds accounted for 40% of our total dividend income for the month.
- 07/27/2022
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Will ExxonMobil's (XOM) Upstream Business Aid Q2 Earnings?
- Since ExxonMobil (XOM) has significant exposure to the upstream business, a considerable improvement in oil price is likely to have aided Q2 earnings.
- 07/27/2022
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Exxon, Chevron earnings preview: Oil giants under the microscope as profit booms
- Exxon Mobil Corp. and Chevron Corp. are scheduled to report second-quarter earnings on Friday before the bell as their booming profits and revenue remain under increased scrutiny and rising costs and dimming demand are risks ahead.
- 07/27/2022
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7 Stocks Trading at a Huge Discount
- Equity markets tend to behave irrationally sometimes. And that can make it easier — or sometimes harder — to find stocks trading at a discount.
- 07/27/2022
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Occidental Petroleum Leads Exxon Mobil, Chevron Ahead Of Next Week's Earnings
- Like Exxon Mobil (NYSE: XOM), Chevron (NYSE: CVX) and other oil-and-gas producers, Occidental Petroleum (NYSE: OXY) has been forming a potentially constructive consolidation, rather than falling off a cliff. Occidental reports its second quarter on August 2, with analysts eyeing significant earnings and revenue increases over a year ago.
- 07/27/2022
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BlackRock Sustainable Advantage: A Look at Why ESG Investing Fails
- Funds aiming to invest in the stocks of companies following good environmental, social and governance (ESG) practices were meant to revolutionize investing, providing the best of both worlds: profits for investors and making the world a better place.
- 07/26/2022
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Will Higher Price Drive Q2 Earnings for ExxonMobil (XOM)?
- Higher production and price are likely to have aided ExxonMobil's (XOM) upstream operations in Q2.
- 07/26/2022
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Exxon Mobil: Perhaps Time To Take Some Profits While It Is Red Hot
- Exxon Mobil posted adjusted quarterly earnings of $2.07 per diluted share and total revenues of $90,500 million. Earnings missed analyst expectations. Combining oil and gas production, Exxon Mobil produced 3,675K Boep/d in 1Q22, down 3% yearly and down 3.7% sequentially.
- 07/26/2022
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Exxon Mobil Q2 Earnings: Do Not Miss This Boat
- Exxon Mobil is trading at 15% off its 52-week high of $105. The entire oil sector has fallen along with oil's price over the last month.
- 07/26/2022
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Follow Nancy Pelosi and Watch These 8 Stocks That Lawmakers Are Buying
- Investors are eager to track which stocks lawmakers have been buying, kicked off in recent years by the success of Speaker Nancy Pelosi. The post Follow Nancy Pelosi and Watch These 8 Stocks That Lawmakers Are Buying appeared first on InvestorPlace.
- 07/25/2022
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Why Are Energy Stocks Up Today?
- Energy stocks are rising higher on Monday as the price of oil starts to climb higher ahead of a Federal Reserve meeting later this week. The post Why Are Energy Stocks Up Today?
- 07/25/2022
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Markets Wait For Fed FOMC, Big Tech Earnings and Economic Data
- Markets Wait For Fed FOMC, Big Tech Earnings and Economic Data.
- 07/25/2022
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ExxonMobil to Release Second Quarter 2022 Financial Results
- IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation will release second quarter 2022 financial results on Friday, July 29, 2022. A press release will be issued via Business Wire and available at 5:30 a.m. CT at www.exxonmobil.com. Darren Woods, chairman and chief executive officer; Kathy Mikells, senior vice president and chief financial officer; and Jennifer Driscoll, vice president of investor relations, will review the results during a live, listen-only conference call at 8:30 a.m. CT. T
- 07/25/2022
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Investors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/25/2022
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Inflation Hits a 40-Year High. Here's Where to Invest Your Money Now.
- These three dividend stocks can help you protect and grow your wealth.
- 07/23/2022
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Hot weather leads to higher electricity prices and won't end anytime soon: Citi's Ed Morse
- Ed Morse, Citi's global head of commodities research, joins CNBC's 'Squawk Box' to discuss oil prices and provide his outlook for energy markets as hot weather smothers North America and Europe.
- 07/22/2022
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High energy demand could lead to higher prices in the coming weeks, Goldman Sachs' Damien Courvalin
- Damien Courvalin, Goldman Sachs head of energmur research, joins CNBC's 'Squawk Box' to break down his outlook for energy prices amid strong demand.
- 07/22/2022
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Exxon Mobil: Crisis Time?
- The world is experiencing a massive energy crisis. Markets are very tight for oil, natural gas, LNG, and refined products. XOM will thrive in this environment, as its profits and cash flow are soaring.
- 07/22/2022
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Why Oil Stocks Are Slipping Today
- Oil prices are down -- but not by much, and perhaps not for long.
- 07/21/2022
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Exxon Mobil Could Profit From Russia's Demise
- Western sanctions are making it impossible for Russia to establish a stronger presence in the LNG industry due to the inability to get the Western technology needed for the expansion. In addition, as Europe aims to decrease its over-reliance on Russian natural gas imports, we should expect prices for natural gas to stay at relatively high levels.
- 07/21/2022
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Big Oil set to open cash taps with another record quarter
- Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and gas prices.
- 07/21/2022
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Exxon Mobil Leads The Oil Sector: Have Both Peaked?
- In recent sessions, Exxon Mobil has rallied along with the broader market, with the stock advancing 4.2% so far in July. Is Exxon Mobil representative of the broader energy sector, or an outlier?
- 07/21/2022
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The Top-Rated Consumer Defensive Stocks With Yield Above 3.5%
- We like using stock screens to look for investing ideas, not so much to find new investments but to remind us (after all these years) of good investments and, more specifically, the right investments for the right times.
- 07/21/2022
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Exxon Mobil Dividend Yield Pushes Past 4%
- In trading on Wednesday, shares of Exxon Mobil were yielding above the 4% mark based on its quarterly dividend (annualized to $3.52), with the stock changing hands as low as $87.25 on the day.
- 07/20/2022
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July Rally May Indicate the Peak of U.S. Inflation: 5 Picks
- We have narrowed our search to five U.S. corporate bigwigs with strong potential for the rest of 2022. These are: TSLA, UNH, CVX, XOM and AVGO.
- 07/20/2022
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Why Nobody Wants to "Drill, Baby, Drill"
- Gasoline prices are high for consumers, but why don't oil companies want to drill for more oil? There's a good reason.
- 07/20/2022
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Exxon stock outlook: Piper Sander sees a 25% upside
- Exxon Mobil Corp (NYSE: XOM) down 15% from its year-to-date high is a fantastic opportunity to hope onto a stock that's ripe for a rebound, says Ryan Todd. He's a Senior Research Analyst at Piper Sandler.
- 07/19/2022
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Exxon Mobil And Chevron: Winter Is Coming
- As summer is more than half gone, I begin to worry about the heating problem in the winter, especially in many European countries. The U.S. average Henry Hub spot price for natural gas currently hovers around $6.8, nearly doubled from $3.8 a year ago.
- 07/19/2022
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3 Energy Stocks That Can Pay You Passive Income for Years
- These energy companies are taking an investor-friendly approach to shareholder returns amid higher oil prices.
- 07/19/2022
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These 3 Stocks Won't Trade Under $100 For Long
- Here we focus on oversold companies that not long ago were trading over $100 a share and are likely to recover in due time. It won't be long before these three stocks return to the century mark—and then some.
- 07/19/2022
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7 Blue-Chip Stocks Trading a Huge Discount Right Now
- These blue-chip stocks are trading at a discount due to near-term challenges. They can deliver healthy capital gains and dividend returns.
- 07/17/2022
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3 Dividend Aristocrats to Boost Your Passive Income Stream This Summer
- Investing in equal parts of these three industry-leading businesses provides a dividend yield above 3%.
- 07/17/2022
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Oil's Demise Has Been Greatly Exaggerated
- Recently WTI oil prices took their biggest dip of the year, falling from $123 to $95. People on Fintwit began to share memes lampooning the death of oil after the crash occurred.
- 07/15/2022
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Is ExxonMobil a Buy?
- Here's why the oil juggernaut continues to look like a shrewd long-term investment.
- 07/15/2022
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What Is Going on With Energy Stocks Today?
- Some stabilization is being seen in energy stocks as Biden's meeting in Saudi Arabia is expected to yield little progress on supply. The post What Is Going on With Energy Stocks Today?
- 07/15/2022
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7 Best S&P 500 Stocks to Buy in July
- A number of S&P 500 stocks offer a compelling buying opportunity for investors with a long-term mindset. The post 7 Best S&P 500 Stocks to Buy in July appeared first on InvestorPlace.
- 07/14/2022
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Hilcorp Energy, Exxon Mobil, and ConocoPhillips release the most greenhouse gasses among U.S. oil and gas companies
- Hilcorp Energy, Exxon Mobil, ConocoPhillips release the most greenhouse gasses among U.S. oil and gas companies, according to a new report based on EPA data.
- 07/14/2022
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Buy the Dip In Exxon Mobil Stock
- ExxonMobil remains a leading oil major and XOM stock is positioned to capitalize on the rise in energy prices this year. The post Buy the Dip In Exxon Mobil Stock appeared first on InvestorPlace.
- 07/14/2022
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Exxon Mobil: Execution Does Not Match Press Coverage
- The public hates the free market when oil and gas prices are high. The time to solve potentially high prices is when prices hit record lows.
- 07/14/2022
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3 High-Yielding Dividend Payers That Spent Billions on Share Buybacks Last Quarter
- These companies are generating tons of free cash flow.
- 07/14/2022
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5 Energy Stocks From the Promising Integrated Oil Industry
- High oil price and mild recession expectations are making the outlook for the Zacks Oil & Gas Integrated International industry bright. ExxonMobil (XOM), Chevron (CVX), Shell (SHEL), BP and Eni (E) are well-positioned to make the most of the highly favorable business environment.
- 07/14/2022
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Oil Refining: 3 Ways You Can Invest
- Refining stocks are cashing in on red-hot demand these days.
- 07/14/2022
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Why Are Oil Stocks Down Today?
- Oil stocks, including Exxon Mobil and Occidental, are falling today as oil prices are retreating and remain below $100 per barrel. The post Why Are Oil Stocks Down Today?
- 07/14/2022
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What You Need to Know About EIA's Short-Term Energy Outlook
- With upward pressure on oil and natural gas prices, energy companies like Occidental Petroleum (OXY), Coterra Energy (CTRA) and Valero Energy (VLO) have seen solid gains in 2022.
- 07/14/2022
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7 ‘Strong Buy' Dividend Stocks Can Help Inflation-Proof Your Portfolio Now
- There was palatable fear earlier this week, ahead of the staggering consumer price index number that came out Wednesday, and with good reason.
- 07/14/2022
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7 Dangerous Dividend Stocks to Sell Now
- The lure of high fixed income is back, so it is important to be cautious of these dangerous high-dividend stocks to sell here. The post 7 Dangerous Dividend Stocks to Sell Now appeared first on InvestorPlace.
- 07/13/2022
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One Way to Play a Slumping Oil Sector
- On Tuesday, June 5, crude oil clocked its first print below $100 per barrel since May 11, sending black gold to trade at its lowest level since March.
- 07/13/2022
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Exxon Mobil: The Good, The Bad, And The Very Ugly
- Exxon Mobil's stock has nosedived 18% in just the last month. The drop in XOM stock is highly correlated to the 20% drop in the price of oil.
- 07/13/2022
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JP Morgan Sees Oil at $190 a Barrel or More: 7 Big Dividend Stocks to Buy Now
- With oil trading back under $100 a barrel and to the lowest levels in three months, many across Wall Street are starting to walk away from the energy trade.
- 07/13/2022
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Why ExxonMobil Stock Jumped 40% in the First Half of 2022
- ExxonMobil is firing on all cylinders and isn't worried about a reversal in oil prices.
- 07/12/2022
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Why Are Oil Stocks Down Today?
- Today's price action across most major oil stocks has been negative, as the price of oil tables again on demand concerns out of China. The post Why Are Oil Stocks Down Today?
- 07/12/2022
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Market check: Energy stocks in the red as dollar strengthens
- Yahoo Finance's Ines Ferré discusses energy stocks and semiconductor stocks in midday trading. Yahoo Finance's Ines Ferré discusses energy stocks and semiconductor stocks in midday trading.
- 07/12/2022
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Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/12/2022
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Tap into a Passive-Income Powerhouse with Exxon Mobil Stock
- As Exxon Mobil successfully straddles fossil-fuel drilling and emissions reduction, XOM stock should continue to deliver shareholder value. The post Tap into a Passive-Income Powerhouse with Exxon Mobil Stock appeared first on InvestorPlace.
- 07/12/2022
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Is ESG Investing a Good Approach? Perhaps, But There Are Pitfalls
- ESG investing has taken off in popularity, but it's not always sunshine and rainbows. Investors need to be aware of serious traps.
- 07/12/2022
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3 Stocks to Avoid This Week
- These investments seem pretty vulnerable right now.
- 07/11/2022
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1 Green Flag for ExxonMobil in 2022, and 1 Red Flag
- ExxonMobil has benefited from the massive run-up in oil prices, but not everything is positive at this energy giant.
- 07/10/2022
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Energy demand still robust, oil expected to hit $140 per barrel, says Damien Courvalin
- Damien Courvalin, head of energy research at Goldman Sachs, joins CNBC's 'Squawk Box' to break down energy markets and provides an outlook for the price of oil.
- 07/07/2022
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Goldman Sachs Still Sees $140 Oil: 8 Dividend Energy Giants On Sale Now
- The big oil giants have been hit hard by recession fears. That is music to the ears of beleaguered consumers who have been paying $5 a gallon and more for gasoline in some parts of the country.
- 07/07/2022
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Stocks to pick as ‘defense' against current market: CVX, XOM, KO, MCD – Crescent Capital
- The general economic conditions are showing signals that a potential recession may be coming our way, which has led most.
- 07/07/2022
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Exxon delivers first sustainable aviation fuel cargo to Singapore Changi Airport
- Exxon Mobil Corp said on Thursday it has delivered the first sustainable aviation fuel (SAF) cargo to Changi Airport, as part of a one-year pilot programme to test the new fuel for planes.
- 07/06/2022
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Is the ‘energy trade' dead already?
- “XOP” is down more than 30% since June 7th but that does not mean an end to the “energy trade”, says Paul Sankey. He's the Lead Analyst at Sankey Research.
- 07/06/2022
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Can APA Corp Ride the Oil and Gas Tailwinds?
- As the economy continues recovering from the pandemic, oil and gas prices have stabilized at relatively high levels due to the combination of travel picking back up and Russia's invasion of Ukraine. Fossil fuel companies have profited enormously from this surge in demand.
- 07/06/2022
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Investors See the False Dawn of Exxon Mobil
- Exxon Mobil is making long-term investments in Guyana crude production and reducing the environmental cost of its U.S. refinery operations. It remains a dividend stock.
- 07/06/2022
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Why Exxon Mobil Shares Are Diving Again Today
- Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.72% to $82.51 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns.
- 07/06/2022
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OPEC Leader Mohammed Barkindo Dies Unexpectedly: How Will Oil Stocks Such as Exxon Mobile Respond?
- OPEC has announced that its Secretary General Mohammad Barkindo had passed away at the age of 63. Barkindo held the position for six years and was due to step down from his post at the end of July.
- 07/06/2022
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Exxon Mobil: Failure To Rally
- Exxon Mobil failed to rally following a very positive preliminary release of Q2'22 profit estimates. The U.S. oil supply is far closer to returning to peak levels than believed by the market.
- 07/06/2022
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Why Oil Stocks Are Tumbling Today
- Oil prices plunged below $100 a barrel for the first time since early May.
- 07/05/2022
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Oil and gas stocks suffer a broad beating as crude oil, natural gas futures are hit hard
- The energy sector took a broad beating in afternoon trading Tuesday, as crude oil and natural gas prices took sharp dives on the back of a surge in the U.S. dollar and continued fears that a recession would dampen demand. The SPDR Energy Select Sector ETF XLE, -5.86% tumbled 5.8% toward a more than four-month low, with all 21 of the equity components losing ground by more than 4%.
- 07/05/2022
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ExxonMobil (XOM) Completes Barnett Shale Asset Divestment
- The divestment supports ExxonMobil's (XOM) strategy to focus on more profitable assets with the lowest cost of supply.
- 07/05/2022
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XOM Stock Is in Focus as Exxon Predicts Record Profit
- Exxon Mobil (XOM) stock is in the news Tuesday as investors react to news that the oil company could post record profits in Q2 2022. The post XOM Stock Is in Focus as Exxon Predicts Record Profit appeared first on InvestorPlace.
- 07/05/2022
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5 S&P 500 Energy Stock Winners of a Brutal First Half
- Let's take a deep look into the S&P 500's top sector for the first six months of 2022 - Energy - and its high flyers OXY, VLO, HES, XOM and HAL.
- 07/05/2022
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We Are in a Recession: 7 Dividend Aristocrats Are the Best Second-Half Ideas
- The second-quarter gross domestic product (GDP) is likely to end up being negative, as the latest data from the Atlanta Fed's GDPNow tracker predicts real GDP growth of −1.0% as of June 30, down from +0.3% on June 27.
- 07/05/2022
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Top Stocks To Buy Now? 3 Oil Stocks In Focus
- Could investors jump on these top oil stocks during this holiday-shortened week?
- 07/04/2022
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Exxon: How Much Higher Can It Go?
- After the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar. Since Exxon's 2020 low of around $33 a share the company's stock price more than tripled before retreating back down to the $88 level.
- 07/03/2022
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Exxon Mobil's $15 Billion Quarter
- Exxon Mobil's recent guidance implies the potential for a record-breaking quarter with more than $15 billion in revenue. The company now has a more than 4% dividend yield after its recent price drop and the ability to repurchase 10% of its shares.
- 07/02/2022
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This Oil King Has a Brighter Future Than You Might Think
- Rejoice, investors. Exxon's dividend isn't going anywhere.
- 07/02/2022
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Exxon signals operating profits could double over the first quarter
- HOUSTON (Reuters) -Exxon Mobil Corp on Friday signaled that skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according to a securities filing.
- 07/01/2022
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Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion
- Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for oil and gas, with billions more coming from higher margins for gasoline and other energy products.
- 07/01/2022
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Suncor Energy, Exxon Mobil, And Lindy's Law
- The Russia-Ukraine war has been going on for 126 days. And sadly, according to Lindy's Law, the longer it has dragged on, the larger its chance of dragging on longer. Our energy thesis did not (and still does not) hinge on the war. But the war has now become a part of the thesis given Russia's role in the global economy.
- 07/01/2022
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ExxonMobil's (XOM) Esso Workers on Strike for Higher Wages
- ExxonMobil (XOM) has not revealed any details on the strike's impact on production.
- 07/01/2022
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Is Trending Stock Exxon Mobil Corporation (XOM) a Buy Now?
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 07/01/2022
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Exxon Mobil: A Fool And His Money Are Soon Parted
- Exxon Mobil has sold off hard as of late. The Texas oil titan is down 10% over the past month and trading 18% off its recent 52-week high. Nonetheless, Exxon's prospects for profits appear better than ever, even in the face of recession fears.
- 07/01/2022
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Use The Exxon-Southwest Airlines Pair For Trading, Hedging, Or Investing
- It is hard to make an investment decision with the price of oil already high and fluctuating, together with recession risks on the horizon. In this case, using a stock pair trading strategy in your portfolio involving Exxon Mobil and Southwest Airlines makes sense as their share prices are inversely correlated with each other.
- 06/30/2022
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Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
- Energy stocks have been the star investment this year. Now it's time to sell them and electrify your portfolio before investors once again focus on the industry's long-term headwinds.
- 06/29/2022
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Is Exxon Mobil Stock Ready for a Bounce?
- This commentary first appeared on Forbes Great Speculations , where Schaeffer's Investment Research is a regular contributor.
- 06/29/2022
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ExxonMobil (XOM) Signs Deal to Explore CCS Project in China
- ExxonMobil (XOM) and partners will assess the carbon policy systems in China and will propose policies to support the deployment of CCS projects in Dayawan Petrochemical Industrial Park.
- 06/29/2022
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BP, BHP, Exxon 'under-reporting CO2 emissions'
- Exxon Mobil, BP PLC (LSE:BP.) and BHP Group Ltd (LSE:BHP, ASX:BHP) are the highest greenhouse gas emitting companies outside of the gulf and Asia, and all are vastly under-reporting the level of their emissions, according to new analysis.
- 06/29/2022
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ExxonMobil Is Holding Gains As Crude Oil Rallies. Here's How To Trade The Stock.
- ExxonMobil broke out above its 50-day simple moving average as 2022 began. Here's how to trade the stock now.
- 06/28/2022
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Exxon, Imperial to sell Canada assets to Whitecap for $1.5 billion
- U.S. oil major Exxon Mobil Corp and Canadian partner Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay assets in Canada to Whitecap Resources Inc for C$1.9 billion ($1.48 billion).
- 06/28/2022
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Why ExxonMobil Stock Jumped Nearly 2% Today
- Oil and energy stocks were beating the market again on Tuesday.
- 06/28/2022
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Exxon Mobil CEO sees oil climbing further: 'They always say that the cure to high prices is high prices'
- The energy giant plans to spend $20 billion to $25 billion a year through 2027 on oil and gas projects.
- 06/28/2022
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Is Exxon Mobil Stock A Good Buy Amid Rising Energy Prices?
- Exxon's financial metrics have improved considerably since 2019. Exxon's price has had a very strong correlation with oil prices.
- 06/28/2022
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Monday's Stock Winners Are All in 1 Place
- One part of the stock market outshined the rest.
- 06/27/2022
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Exxon Mobil: This Is A Buy The Drop Situation
- Exxon Mobil's shares have corrected in June, but petroleum prices remain high. Exxon Mobil is cheap based on earnings and free cash flow.
- 06/27/2022
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Better Buy: Dividend Aristocrats vs. Beaten-Down Tech Stocks
- What's right for you depends on your investment strategy.
- 06/26/2022
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Exxon Mobil CEO cautions against an abrupt energy transition, warning underinvestment leads to high gas prices
- The CEO of Exxon Mobil cautions against an abrupt energy transition, warning underinvestment will lead to high gas prices.
- 06/26/2022
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Recession And Inflation Hedged Pair Trade: Long Newmont And Short Exxon
- With the CPI at a 40-year high, inflationary hedges are in high demand. Buying commodities is a good idea. While both gold and oil equally share in price appreciation driven by inflation, oil generally depreciates in a recessionary environment, while Gold doesn't.
- 06/26/2022
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How ExxonMobil Is Planning For A Future Of EVs
- In this interview conducted for CNBC's documentary, ExxonMobil at the Crossroads, CEO Darren Woods reveals why his company predicted that by 2040 all new passenger car sales would be electric. He also talks about the low carbon solutions ExxonMobil is investing in, climate change, governmental policy, oil demand and more in this extended interview with CNBC's David Faber.
- 06/25/2022
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Every new passenger car sold in the world will be electric by 2040, says Exxon Mobil CEO Darren Woods
- Exxon Mobil is planning for all new passenger vehicles sold to be electric by 2040.
- 06/25/2022
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Exxon Mobil CEO Darren Woods calls for a higher price on carbon emissions
- The CEO of Exxon Mobil would like the government to increase the carbon price to encourage renewable energy innovation.
- 06/24/2022
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8 ‘Strong Buy' Oil Giants With Massive Dividends Are On Sale Right Now
- The demand for oil and other products that the integrated giants produce will continue to skyrocket.
- 06/24/2022
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Big oil execs meet with Energy Sec. Jennifer Granholm
- CNBC's Eamon Javers joins Shep Smith to report on a meeting today between energy company executives and Energy Secretary Jennifer Granholm.
- 06/23/2022
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Oil CEOs call for 'tone shift' from White House on finger-pointing over gas prices
- The oil industry pushed for an easing of tensions and a dialing back of finger-pointing from the White House during a Thursday meeting with the Energy Department as high gas prices continue to anger politicians and consumers.
- 06/23/2022
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ExxonMobil is at a crossroads as climate crisis spurs clean energy transition
- In this documentary special from CNBC, David Faber explores whether ExxonMobil is serious about taking on global warming and how its actions match up with its words.
- 06/23/2022
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U.S. oil refinery execs meet with Biden over high gas prices
- Yahoo Finance's Jennifer Schonberger reports on the top takeaways from President Biden's meeting with seven oil refinery executives.
- 06/23/2022
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Why Are Oil Stocks Down Today?
- Given rather weak forward expectations of demand right now, oil stocks are getting hit hard as recession fears loom large. The post Why Are Oil Stocks Down Today?
- 06/23/2022
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Best Oil Stocks To Buy Right Now? 5 For Your Late June 2022 Watchlist
- Which oil stocks are you watching right now?
- 06/23/2022
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ExxonMobil (XOM) Agrees to Develop North Field East Project
- Included in the deal terms, ExxonMobil (XOM) and QatarEnergy will form a new JV.
- 06/23/2022
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7 Cheap Oil Stocks to Buy Right Now
- These oil stocks are trading at a bargain and offer immense upside potential for the future The post 7 Cheap Oil Stocks to Buy Right Now appeared first on InvestorPlace. More From InvestorPlace $200 Oil Sooner Than You Think – Buy This Now The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn't matter if you have $500 in savings or $5 million.
- 06/23/2022
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As Guyana's Oil Business Booms, Could A Potential New Deal With Exxon Loom?
- Exxon and Guyana have become long-term partners following several large oil discoveries. Now is the time for Guyana's energy deals with Exxon and others to move to a more mature phase, given its status as a reliable prospect.
- 06/22/2022
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Why Are Oil Stocks Down Today?
- Oil stocks are down today as President Joe Biden's administration proposes potential gas-tax holiday legislation. The post Why Are Oil Stocks Down Today?
- 06/22/2022
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As Exxon, Chevron Continue To Plunge, Here's A Look At The Direxion Energy Bull 2X Shares ETF Chart
- Direxion Energy Bull 2X Shares (NYSE: ERX) gapped down 10.42% to start the trading day on Wednesday. The ETF was erasing some of its losses in the afternoon, trading about 8% lower.
- 06/22/2022
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Exxon Mobil Stock's Pullback Could Be Short-Lived
- Exxon Mobil (XOM) stock is taking a hit today as oil and energy stocks fall, following U.S. President Joe Biden's push to temporarily pause taxes on gasoline amid rising fuel costs.
- 06/22/2022
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What's Going On With Exxon Mobil, Marathon Oil, BP And Shell Shares Today?
- Exxon Mobil Corp (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO), BP plc (NYSE: BP) and Shell PLC (NYSE: SHEL) are all trading lower Wednesday. Shares of energy companies at large are trading lower amid a dip in oil prices following reports President Biden may suspend the federal tax on gasoline.
- 06/22/2022
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ExxonMobil (XOM) Negotiates With the US for Golden Pass Project
- The Golden Pass LNG expansion project is on schedule, but ExxonMobil (XOM) is seeking approval to start up before the due date.
- 06/22/2022
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Jim Cramer: Oil is suddenly in a bear market
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss energy prices ahead of Federal Reserve Chair Jerome Powell's testimony on Capitol Hill. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 06/22/2022
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Markets Await Powell's Senate Testimony for Path Forward
- Markets Await Powell's Senate Testimony for Path Forward.
- 06/22/2022
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Should You Buy Oil Stocks Right Now?
- Amid a complex web of supply and-demand factors in the energy market, don't lose sight of simple, timeless value-investment principles.
- 06/22/2022
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Stay patient on energy stocks and look for opportunities, says Hightower's Stephanie Link
- Stephanie Link, Hightower Advisors chief investment strategist, joins CNBC's 'Squawk Box' to discuss how a gas tax holiday could impact oil stocks.
- 06/22/2022
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Chevron, ExxonMobil CEOs Set The Stage For Thursday Meeting With Biden Officials
- The CEOs of Chevron and ExxonMobil made public remarks in advance of Thursday's scheduled meeting with Energy Sec. Jennifer Granholm to discuss high prices of gasoline.
- 06/22/2022
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Exxon Mobil: Lower Returns Ahead
- Exxon Mobil looks cheap on a forward P/E basis, but a look at its CAPE ratio and true earnings tells a different story. We compare Exxon to other supermajors, and analyze its proven oil reserves.
- 06/22/2022
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David Faber on investigating Exxon and whether it's truly committed to fighting climate change
- The "Mad Money" host spoke with David Faber about CNBC's newest documentary, 'ExxonMobil at the Crossroads,' premiering Wednesday, June 22 at 8 p.m. ET.
- 06/21/2022
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Why ExxonMobil Stock Jumped Today
- A lucrative partnership with a major state-owned petroleum company could boost the oil and gas titan's profits.
- 06/21/2022
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Stocks Rebound Strongly; Exxon Mobil, Dollar General, Eli Lilly In Focus | Stock Market Today
- Nice session, but market rally isn't confirmed yet. Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs Visit our website: investors.com Like us on Facebook: https://www.facebook.com/investorsbusinessdaily Follow us on Twitter: https://twitter.com/IBDinvestors Follow us on Instagram: https://www.instagram.com/investorsbusinessdaily/ Follow us on StockTwits: https://stocktwits.com/InvestorsBusinessdaily Follow us on LinkedIn: https://www.linkedin.com/company/investors-business-daily Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 06/21/2022
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Maintain a 6 to 7% exposure in energy as we move to winter, says Virtus' Joe Terranova
- The traders discuss the energy trade and how much of a run is left. With CNBC's Melissa Lee and the 'Halftime Report' investment committee, Stephanie Link, Josh Brown, Joe Terranova and Jon Najarian.
- 06/21/2022
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4 Energy Stocks With Dividends to Add to Your Buy List
- It's time to capitalize on your pain at the gas pump. Buy these energy stocks to capture their juicy dividend yields.
- 06/21/2022
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Why This Exxon Mobil Analyst Expects Big Oil Stock To Deliver 'Excellent Returns'
- While many energy majors have cut back on investments in oil and gas, Exxon Mobil Corp (NYSE: XOM) expects the demand for fossil fuels to grow at least in the medium term and has continued to invest in “some of the most attractive oil & gas projects globally,” according to Credit.
- 06/21/2022
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Exxon is backing a natural gas mega-project in Qatar as global energy supplies buckle under pressures stemming from Russian's war on Ukraine
- Qatar is working to expand its North Field East project to boost its annual LNG capacity to 110 million tons by 2026.
- 06/21/2022
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7 ‘Strong Buy' Dividend Aristocrats Are Safe-Haven Stocks to Own During a Recession
- The market received the proverbial haymaker from the Federal Reserve last week, when the central bank raised interest rates by 75 basis points, the largest increase since November of 1994.
- 06/21/2022
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Exxon Mobil: Who Wins When Fundamentals And Chart Clash
- Chart Readers And Fundamental Investors win at different times. Traders are usually short-term profit strategies whereas buy-and-hold tend to have a longer horizon.
- 06/21/2022
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What To Buy Before The Q2 Earnings Season Kicks Off
- The outlook for the Q2 earnings reporting season is about as cloudy as it could be. Between uncertain supply chain improvement, wildly out-of-control inflation, rising energy prices, and an aggressive FOMC there is a real chance the season could be a bloodbath.
- 06/21/2022
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Is Most-Watched Stock Exxon Mobil Corporation (XOM) Worth Betting on Now?
- Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/20/2022
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Is ExxonMobil to Blame for High Gas Prices?
- The oil giant takes a stand against recent criticism as it capitalizes on surging oil profits.
- 06/20/2022
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Final Trades: ORCL, XLE, XOM & FDX
- The traders make their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia, Jeff Mills and Steve Grasso.
- 06/17/2022
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Why Are Energy Stocks Down Today?
- Why are energy stocks down today? Energy companies are falling today on mounting recession fears and news of oil production expansions.
- 06/17/2022
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Why Exxon, Chevron, and Phillips 66 Shares Plunged on Friday
- Is the Federal Reserve going to rein in oil prices?
- 06/17/2022
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Sneak Peek of CNBC's Newest Documentary ExxonMobil at the Crossroads
- In this one-hour documentary, CNBC's David Faber goes inside one of the most powerful, storied, and consequential players in the energy industry: ExxonMobil. Once seen as untouchable, the company is now facing shareholder challenges over its direction and criticism that is fostered public uncertainty about global warming.
- 06/17/2022
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Surging Oil Prices Push Permian Production to New Record
- Big producers like ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP) are betting heavily on the prolific Permian Basin as the shale play looks set to hit a new production record.
- 06/17/2022
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Exxon Mobil Will Bleed Russia Dry
- The Russian invasion of Ukraine is about to reshape Europe's energy markets forever. The geopolitical tensions are unlikely to ease anytime soon, which is a good thing for oil companies such as Exxon Mobil, as they'll continue to benefit from high oil prices.
- 06/16/2022
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Could These Be The Best Dividend Stocks Of The 2020s?
- Attention, growth investors! A quick stock market question for you.
- 06/16/2022
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ExxonMobil fires back at President Biden after 'God' quip
- ExxonMobil has fired back at US President Joe Biden after his quip that it is making ‘more money than God' due to soaring crude prices. The US oil and gas giant pointed out it had invested more than US$50bn in the US over the past five years, resulting in an almost 50% increase in US production of oil during this period.
- 06/16/2022
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Recession-proof your portfolio with these blue-chip stocks
- American stocks are not doing well. The tech bubble is slowly bursting while the S&P 500 index has moved to a bear market.
- 06/16/2022
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Biden threatens oil companies w/ 'emergency powers' if they don't boost supply amid inflation spike
- Rep. Ben Cline, R-Va., joined 'Kennedy' to weigh in on the Federal Reserve raising interest rates and Biden's letter to oil companies demanding they increase supply.
- 06/15/2022
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Biden sends letter warning oil companies on historically high refinery profits
- President Biden today accused the oil industry of profiting from record-high gas prices. He did so in an open letter to seven of the biggest oil companies, including Chevron, ExxonMobile and Shell.
- 06/15/2022
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Biden blasts refiners' profits as ‘not acceptable,' while Democratic senator targets Big Oil's ‘profiteering'
- Democratic-run Washington is continuing to make an effort to address high gasoline prices, with President Joe Biden targeting refiners and a top senator taking aim at oil companies' profits through an upcoming bill.
- 06/15/2022
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New Strong Buy Stocks for June 15th
- AR, LNG, BECN, AMR, and XOM have been added to the Zacks Rank #1 (Strong Buy) List on June 15, 2022.
- 06/15/2022
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Joe Biden orders oil companies to explain why they're cutting gasoline production as prices soar above $5 a gallon
- Joe Biden complained in his letter to companies including Exxon Mobil and Shell they are cutting back gas production purely to boost profits.
- 06/15/2022
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Biden threatens oil companies with 'emergency powers' if they don't boost supply amid inflation spike
- President Biden is blaming American oil companies for the surging price of gas in a series of letters to CEOs on Wednesday, expanding beyond blaming Vladimir Putin.
- 06/15/2022
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Oil Investing In An Anti-Oil World, Why Exxon Mobil Will Generate Strong Returns
- The world might be moving against oil, but fortunately for the oil companies, the decline rate is faster. Exxon Mobil continues to have an almost 4% dividend yield and substantial growth potential across its asset portfolio.
- 06/15/2022
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Exxon Mobil: Living Dangerously High - Setting Up For The Fall
- This is a dedicated price action analysis of Exxon Mobil stock. We discuss the critical levels investors should focus on, which will lend clarity to their investment decisions. We noted that XOM stock had tested its 2012 double top bull trap resistance level. It is also forming a potential bull trap that could stall its forward momentum.
- 06/14/2022
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Energy Stocks Fall as Much as 7%. They Are Leading the S&P 500 Lower.
- Some big names, such as Halliburton and Exxon Mobil, are slumping on Monday.
- 06/13/2022
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Why ExxonMobil Stock Is Slumping Today
- The oil giant is facing some backlash over high oil prices.
- 06/13/2022
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7 Dividend Stocks to Watch for Stable Income
- So far, 2022 has been a rocky year for the U.S. stock market. All major stock indices have losses, and a plethora of stocks lost a lot of ground as well.
- 06/13/2022
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ExxonMobil Does Not Control Oil Or Gasoline Prices
- If you understand that ExxonMobil has little control over oil and gas prices, then you know why their profits are so volatile.
- 06/13/2022
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7 Beaten-Down Large-Cap Stocks to Buy Now
- Large-cap stocks are usually the most stable investments. They are often used in combination with other investments.
- 06/12/2022
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Thanks To Politicians, Exxon Mobil Remains A Buy
- I'm starting this article by discussing the roots of this energy crisis, which are deep and unlikely to be addressed by politicians. Biden isn't wrong as Exxon is indeed making a ton of money as free cash flow is now supporting significant debt reduction and a path forward for higher dividend hikes.
- 06/12/2022
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“Exxon Made More Money Than God” — But Far Less Than Apple
- If ExxonMobil's quarterly earnings were — in President Biden's words — "more money than God", one wonders how he would describe Apple's profits.
- 06/11/2022
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3 Stocks to Fight Inflation
- Here are three stocks that can help you protect against sky-high levels of inflation in the economy.
- 06/11/2022
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Biden points blame for record oil prices: 'Exxon made more money than God this year'
- President Joe Biden blames U.S. gas prices on oil companies, like Exxon, who he said 'made more money than God this year.' The national average price of gas hovers around $5 per gallon.
- 06/11/2022
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Exxon Responds To Biden's Inflation Blame-Shifting Attack
- President Biden lashed out on Friday at an array of boogeymen in his latest blame-shifting effort on runaway inflation. One villain he singled out was ExxonMobil, and the company responded with a set of facts that counter the President's ad hominen attacks.
- 06/10/2022
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Biden slams Exxon for 'making more money than God' as Americans pay record gas prices
- The president's comments come after another disappointing inflation report that shows record price increases — again.
- 06/10/2022
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Exxon made more money than God this year: President Biden
- President Biden addresses the latest inflation report, which showed that prices in the U.S. rose at their fastest annual pace since the early 1980s, largely due to fuel and food price increases.
- 06/10/2022
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Investor Anxiety is High, but not Leading to Much Action
- Investors continue to face walls of worry in 2022 as rising interest rates and persistently high inflation top their concerns, but many are reluctant to make any significant changes to their investment portfolios, despite mounting losses.
- 06/09/2022
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Investor Anxiety is High, but not Leading to Much Action
- Investors continue to face walls of worry in 2022 as rising interest rates and persistently high inflation top their concerns, but many are reluctant to make any significant changes to their investment portfolios, despite mounting losses.
- 06/09/2022
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Investor Anxiety is High, but not Leading to Much Action
- Investors continue to face walls of worry in 2022 as rising interest rates and persistently high inflation top their concerns, but many are reluctant to make any significant changes to their investment portfolios, despite mounting losses.
- 06/09/2022
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Exxon has soared more than 150% to a record high since it was dropped from the Dow Jones Index as oil surges while replacement Salesforce has fallen 30%
- On Wednesday, Exxon Mobil stock soared to its first new record high in eight years, and now hovers around $104.
- 06/09/2022
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XOM Insider Trading: This VP Just Sold $220,000 in Exxon Mobil Stock
- Shares of XOM stock are in focus after VP Darrin Talley reported selling 2,147 shares on June 7. Here's what you need to know.
- 06/09/2022
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Why Exxon Stock Is Finally Looking Like a Short
- The rally in Exxon stock has come too far, too fast. Buying defined risk puts it profit from a probabilistic pullback.
- 06/09/2022
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7 Best Energy Stocks to Buy for June 2022
- With power demands soaring, it's time to just take what the market is giving you and consider the best energy stocks to buy. The post 7 Best Energy Stocks to Buy for June 2022 appeared first on InvestorPlace.
- 06/09/2022
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Exxon Mobil Leads Energy Higher
- Exxon Mobil's stock price is up over 64% so far this year, lifted by high oil prices, compared to a 13% decline year-to-date for the S&P 500.
- 06/09/2022
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We're at the beginning of a commodities supercycle, says Goldman Sachs' Jeff Currie
- Jeff Currie, Goldman Sachs global head of commodities research, joins CNBC's 'Squawk Box' to discuss soaring gas prices and explains why he thinks markets are in the "first innings" of a commodities supercycle.
- 06/09/2022
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Profit on Energy Sector Strength with Exxon Mobil Stock
- Even as many stocks have wobbled and wavered in 2022, XOM stock has staged an impressive rally but it should still appeal to value investors. The post Profit on Energy Sector Strength with Exxon Mobil Stock appeared first on InvestorPlace.
- 06/09/2022
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Is It Too Late For Energy Stocks?
- If you are wondering about oil prices, the energy market, and whether it's too late to buy Energy Stocks (NYSEARCA: XLE) we're here to tell you no. Absolutely not.
- 06/09/2022
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Safer Energy Dividends For Tomorrow
- This is an intersection of some expanded coverage I am doing on energy, as well as dividend-paying stocks. I used Stock Rover to screen all energy stocks on major American exchanges to find about 100 energy companies paying dividends, most were high risk.
- 06/08/2022
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Exxon Mobil's stock surges toward first record close in 8 years as oil, natural gas prices rally
- Shares Exxon Mobil Corp. XOM, +1.42% rallied 1.5% in morning trading Wednesday, enough to put them into record territory for the first time in eight years. The rally for the oil and gas giant's stock comes crude oil futures CL00, +1.02% climbed 1.0% toward a three-month high and as natural gas futures NG00, +3.23% jumped 3.3% toward a 14-year high.
- 06/08/2022
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Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
- 06/08/2022
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Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight
- Exxon shares have risen nearly 65% this year.
- 06/08/2022
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Exxon's stock is back from the dead
- For years, ExxonMobil struggled to court investors as fears about the climate crisis and criticism of its business strategy kept would-be shareholders at bay. Now, the oil giant is staging a dramatic comeback.
- 06/08/2022
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Exxon Mobil: A Crude Awakening Looms
- Exxon Mobil is surging again today on a panoply of positives. The stock has broken above the $100 mark trading at $102.72, up $3.88 for a 3.93% one-day gain. The fact of the matter is there are a cacophony of catalysts propelling the integrated oil giant's shares higher.
- 06/08/2022
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Qatar picks Exxon, Total, Shell, Conoco for mega-LNG expansion - sources
- HOUSTON (Reuters) -Qatar has picked Exxon Mobil Corp, TotalEnergies SE, Shell and ConocoPhillips as partners in the expansion of the world's largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Tuesday.
- 06/08/2022
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Why Exxon Mobil Looks Set For All-Time Highs As Gas Prices Soar
- Exxon Mobil Corp (NYSE: XOM) was shooting up more than 4% higher on Tuesday after two analysts raised their price targets on the stock. The energy sector has enjoyed a bull market recently while the general markets have experienced a great deal of volatility, with the S&P entering.
- 06/07/2022
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Three Stock Lunch: Ford, Moderna and Exxon Mobil
- Jeff Mills, Bryn Mawr Trust CIO and CNBC contributor, joins 'Power Lunch' to discuss Mills' take on three stocks: Ford, Moderna and Exxon Mobil.
- 06/07/2022
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4 Oil Stocks to Buy After Exxon Mobil Upgrade
- Oil stocks are soaring after Evercore ISI upgrades the largest energy company in the land. Here are four smart trades to capitalize.
- 06/07/2022
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XOM Stock Price Prediction: Why This Analyst Sees Exxon Mobil Going to $120
- Shares of XOM stock are rising following an upgrade from Evercore ISI. Analyst Stephen Richardson raised his price target to $120.
- 06/07/2022
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Why Exxon Mobil Stock Hit 52-Week Highs Today
- Exxon Mobil Corp (NYSE: XOM) shares are trading higher Tuesday following bullish analyst coverage. Evercore ISI Group analyst Stephen Richardson upgraded Exxon Mobil from an In-Line rating to an Outperform rating and raised the price target from $88 to.
- 06/07/2022
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Exxon Mobil Stock Rises on Analyst Bull Notes
- Exxon Mobil Corporation (NYSE:XOM) stock is moving higher today, last seen up 3.1% to trade at $101.87 -- its highest level since August 2014 -- after Evercore ISI upgraded the stock to "outperform" from "in-line.
- 06/07/2022
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There's Plenty of Runway With ExxonMobil Stock
- Far from being at risk of topping out, if you don't own XOM stock yet, it's still worth buying it. Whether from still-rising energy prices, better capital allocation, or a combination of both, XOM stock could stay a winner.
- 06/07/2022
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