NYSE:XOM - New York Stock Exchange, Inc. - US30231G1022 - Common Stock - Currency: USD
Exxon Mobil Corp (NYSE:XOM) offers a reliable 3.73% dividend yield, strong profitability, and financial stability, making it a solid choice for income investors.
Battle of oil titans Chevron and Exxon over Guyana oil project could impact top energy ETFs. M&A, arbitration, and activist investors add to the stakes.
The Trump administration has taken an aggressive stance against global taxation deals, and the ATO is embroiled in similar fights with ExxonMobil and PepsiCo.
Mentions: F
CEO Darren Woods stated that ExxonMobil stress-tested its business against “more punitive scenarios” last year and, based on that review, plans to maintain investments and shareholder returns even if oil prices decline further.
Exxon Mobil Corp. will keep its capital allocation plans intact even if oil declines toward $50 a barrel, Chief Executive Officer Darren Woods said.
OMVKY vs. XOM: Which Stock Is the Better Value Option?
Based on the average brokerage recommendation (ABR), Exxon (XOM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Exxon Mobil Corp. entered exclusive talks to sell its entire 82.89% stake in French unit Esso SAF to North Atlantic France SAS.
The Albanese government has warned gas executives the public is “tired of seeing our vast gas resources exported overseas” while paying high prices at home.
Should you buy a house with cash or take out a mortgage? Not everyone has that option, but it is a fascinating question for people who have enough cash. A single guy recently posted this question in the HENRY finance community. HENRY stands for "High ...
Just 14 stocks with market caps above $1 billion have doubled so far this year. They probably aren't the winners you would have predicted.
Bloomberg News reported late last week that the Treasury Department will grant the waiver authorizing Chevron to carry out only critical upkeep and safety-related functions.
Bitwise CEO Hunter Horsley has suggested that the era of investing in cryptocurrencies primarily based on market capitalization is ending. Horsley is betting on a new age that bears similarities to investing in companies on Wall Street. Bitwise CIO ...
XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry influence on the line.
Buying these beaten-down S&P 500 dividend stocks now could fetch you big returns in the long term.
Buying these beaten-down S&P 500 dividend stocks now could fetch you big returns in the long term.
Mentions: O
On Thursday, Needham initiated coverage of Philip Morris International Inc. (NYSE:PM) with a Buy rating and a price target of $195. The firm commended Philip Morris for its progress in transitioning towards a smoke-free business model and noted its established market leadership in both heated tobacco and nicotine pouches. Needham anticipates that this leadership, combined […]
Enterprise Products Partners is a midstream master limited partnership (MLP). The last time Enterprise traded around $36, the yield was below 4%, which won't be the case this time around. Enterprise Products Partners (NYSE: EPD) is trading a little under $32 per share and offering a distribution yield of nearly 6.8%.
BofA raised the firm’s price target on Occidental Petroleum (OXY) to $44 from $42 and keeps a Neutral rating on the shares. The firm, which refreshed its refiners estimates and notes it is below consensus for 2025 and 2026 EBITDA, points out that its price objectives for the “Majors” Chevron, ExxonMobil, and Occidental are “little changed,” but adds that it revised up its targets for refiners, as they no longer embed a worse case recessionary environment. Published first on TheFly – the ultimate
The energy giant BP p.l.c. (NYSE:BP) confirmed on Thursday that it had signed a contract with China-based Zhejiang Energy Group. The two companies met at the 29th World Gas Conference on May 21, which sees BP supplying Zhejiang Energy with 1 million mt/y for 10 years. BP p.l.c. (NYSE:BP) has recently re-focused its attention to its […]
Mentions: BP
VLO's steady payouts, $4.6 billion cash, and low debt support it amid weak margins and crude price volatility.
A protracted slump in crude prices has ratcheted up the pressure on Big Oil's commitment to allocate cash to shareholders.
Mentions: CVX
Smart Beta ETF report for HDV
Merger-arbitrage funds’ biggest wager of the year faces a crucial test in the coming days, as a private arbitration panel begins hearing Exxon Mobil Corp.’s challenge to Chevron Corp.’s $53 billion takeover of Hess Corp.
(Bloomberg) -- Merger-arbitrage funds’ biggest wager of the year faces a crucial test in the coming days, as a private arbitration panel begins hearing Exxon Mobil Corp.’s challenge to Chevron Corp.’s $53 billion takeover of Hess Corp.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni Debt
Dillard’s, Inc. (NYSE:DDS) has filed a lawsuit against Wells Fargo & Company, alleging the bank repeatedly breached its now-terminated co-branded credit card partnership, resulting in tens of millions of dollars in losses for the department store chain. In a heavily redacted complaint submitted to Manhattan federal court, DDS claimed Wells Fargo became an “unwilling and […]
On Wednesday, Medtronic (NYSE:MDT) announced its intention to separate its diabetes business into a new, standalone company, to enhance focus on high-margin growth drivers for Medtronic and accelerate innovation for the new entity. The diabetes unit, which manufactures insulin pumps and other wearable devices, has recently returned to growth after struggling for several years due […]
XOM emerges as the most probable candidate to partner with ONGC in the KG-DWN-98/2 deepwater block in the Krishna-Godavari Basin.
Estimates continue to move lower for BP as oil prices come under pressure and global slowdowns are threatened.