EXXON MOBIL CORP (XOM) Stock News
NYSE:XOM - New York Stock Exchange, Inc. - US30231G1022 - Common Stock - Currency: USD
XOM Latest News, Press Relases and Analysis
EXXON MOBIL CORP (NYSE:XOM) – A Reliable Dividend Stock Worth Considering
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.
Gas exporters on notice to lock in more supplies for Australians
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.
Chevron Gets U.S. Nod to Maintain Oil Assets in Venezuela: Retail’s Split
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 Says, 'CoinMarketCap Leaderboard Era Of Crypto Is Close To Its End,' Backs Thesis-Based Investing
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 ...
Who Will Win Guyana's Oil? Chevron and ExxonMobil Face Off
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.
3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever
Buying these beaten-down S&P 500 dividend stocks now could fetch you big returns in the long term.
3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever
Buying these beaten-down S&P 500 dividend stocks now could fetch you big returns in the long term.
Mentions: O
Needham Initiates Coverage of Philip Morris (PM) With Buy Rating
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 […]
Should You Buy High-Yield Enterprise Products Partners While It's Below $36?
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%.
Occidental Petroleum price target raised to $44 from $42 at BofA
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
Elon Musk Commits to Tesla. Is That a Good Thing?
BP p.l.c. (BP) Signs Deal with China’s Zhejiang Energy
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
Here's Why Retain Strategy is Apt for Valero Energy Stock Now
VLO's steady payouts, $4.6 billion cash, and low debt support it amid weak margins and crude price volatility.
Bye-bye buybacks? Big Oil's record-breaking shareholder payouts are under threat
A protracted slump in crude prices has ratcheted up the pressure on Big Oil's commitment to allocate cash to shareholders.
Mentions: CVX
Is iShares Core High Dividend ETF (HDV) a Strong ETF Right Now?
Smart Beta ETF report for HDV
Traders Wager $10 Billion on Chevron-Hess Deal Beating Exxon Case
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.
Traders Wager $10 Billion on Chevron-Hess Deal Beating Exxon Case
(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. (DDS) Sues Wells Fargo Over Co-Branded Card Relationship
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 […]
Medtronic Announces Separation From Diabetes Business, CEO Says it’s “In a Really Good Spot”
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 […]
ExxonMobil & Other Global Energy Giants Explore Partnership With ONGC
XOM emerges as the most probable candidate to partner with ONGC in the KG-DWN-98/2 deepwater block in the Krishna-Godavari Basin.
Bear of the Day: BP PLC (BP)
Estimates continue to move lower for BP as oil prices come under pressure and global slowdowns are threatened.
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
Sector ETF report for FENY
ONGC Shares: SEBI RA A&Y Market Research Sees Breakout Potential If Stock Crosses ₹254
ONGC’s March quarter profit fell 35% due to surging exploratory write-offs. Analysts are watching for a breakout above ₹254.
Mentions: ONGC
Trump to Extend Chevron’s License to Operate in Venezuela
It was announced recently that the Trump administration is considering a plan to extend Chevron Corporation (NYSE:CVX)’s license to operate in Venezuela. Let’s shed some light on the development. It was reported by Bloomberg this week that the White House is set to extend Chevron Corporation (NYSE:CVX)’s deadline to halt its operations by another 60 […]
Here's How Much You Would Have Made Owning Exxon Mobil Stock In The Last 5 Years
Walmart follows Costco's lead on gas stations
Walmart (WMT) is taking a page out of Costco’s (COST) playbook by ramping up its fuel station operations.
Shell's Potential BP Buy: Strategic Scale or a Risky Gamble?
A potential Shell-BP merger offers scale and synergies, but brings real risks, including integration hurdles and potential financial dilution.
Solar stocks slip as conservatives fight to end IRA tax credits sooner
Shares of several solar energy companies are slipping on Monday after conservative Republican lawmakers said they had secured a commitment from leadership to end key clean-energy tax credits earlier than planned as part of a deal aimed at allowing President Donald Trump’s tax and spending package to advance. South Carolina Representative Ralph Norman said House leadership had agreed to a proposal to end Inflation Reduction Act tax credits earlier than Republicans’ original proposal, though Norma
Exclusive-Kazakhstan's oil output rises 2% in May in defiance of OPEC+
MOSCOW (Reuters) -Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from OPEC+ on the Central Asian country to reduce its output. Kazakhstan has repeatedly breached its OPEC+ production quotas, citing the difficulty of telling Western oil majors, such as Chevron and ExxonMobil, to curtail their plans. The Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, has decided to speed up output increases, in part to punish members not complying with curbs by adding to downward pressures on international oil prices, OPEC+ sources have said.
XOM vs. BP: Which Integrated Energy Stock Boasts Better Prospects?
XOM's clean energy plan is like a side business that???s already set up, while BP is still working out how to make its green projects reliably pay off.
Mentions: BP
5 Dividend Kings with sky-high yields above 4%
These five Dividend Kings have yields above 4 percent.
Pennsylvania judge dismisses county climate lawsuit against oil majors
A judge ruled that state courts lacked the subject matter jurisdiction to settle Bucks County’s case because its stated claims are “so intertwined with emissions.”
2 Top Artificial Intelligence (AI) Stocks to Buy No Matter What Happens With Tariffs
Meta Platforms has several long-term trends playing in its favor. Nvidia's GPUs are starting to be produced in the U.S. Artificial intelligence (AI) investing is somewhat affected by tariffs, as tariffs may be placed on components coming into the U.S. In addition, broader consumer demand may harm some of the cash flows that are being poured into AI investments.
Should iShares Russell 1000 Value ETF (IWD) Be on Your Investing Radar?
Style Box ETF report for IWD