Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight Exxon Mobil in his "best stocks in the market".
The ‘Big Oil' quarterly earnings season ended last week, as one energy major after another posted relatively lower profits compared to bumper ones from three years ago. But there was one other commonality between them all - a clear and firm return to oil and gas basics.
Oil and gas will play a critical role for a long time to come, Exxon Mobil CEO Darren Woods said on Friday, adding that the question was whether they will continue to be used as fuel.
U.S. oil giant ExxonMobil has signed a deal with Energean and Helleniq Energy to explore for natural gas offshore Greece, the companies said on Thursday.
Exxon Mobil Corporation's Q3 2025 results beat EPS estimates and reaffirmed strong operational execution in Guyana and the Permian. XOM maintained its $20 billion annual buyback plan and raised dividends for the 43rd straight year. Despite weaker oil prices, XOM generated $6.3 billion in free cash flow and strengthened its balance sheet.
XOM's record Permian and Guyana output lifts Q3 earnings, but given the valuation concerns, investors may want to hold rather than buy.
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.
Exxon Mobil delivered strong Q3'25 results last week, beating earnings and revenue estimates, driven by record production in the Permian Basin and Guyana. XOM raised its dividend by 4% to $1.03/share quarterly and is on track to buy back $20B of its own shares in the current fiscal year. Exxon Mobil benefited from solid production growth in the third quarter. Soaring power demand from U.S. Data Centers is a growth catalyst for the energy firm in the long term.
Exxon Mobil stands out as a top-tier energy investment, driven by record production in the Permian Basin and Guyana. XOM targets aggressive growth to 5.4 million barrels/day by 2030, boosting advantaged assets and annual cash flow by over 30%. Financial strength is evident with $25 billion annualized FCF, a 3.5% dividend yield, and robust share buybacks, all supported by low net debt.
Exxon Mobil Corporation ( XOM ) Q3 2025 Earnings Call October 31, 2025 9:30 AM EDT Company Participants James Chapman - VP of Investor Relations & Treasurer Darren Woods - Chairman of the Board, President & CEO Kathryn Mikells - Senior VP & CFO Conference Call Participants Neil Mehta - Goldman Sachs Group, Inc., Research Division Devin McDermott - Morgan Stanley, Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Bob Brackett - Sanford C. Bernstein & Co., LLC.
XOM tops Q3 earnings estimates on higher production and gas prices, but revenue and oil realizations fall short.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) on Friday reported third quarter 2025 revenue that fell short of expectations, as a lower oil price environment weighed on its results. The energy giant generated $85.3 billion in revenue for the quarter, less than the $87.7 billion analyst consensus forecast, according to data provided by LSEG.