ExxonMobil's chief executive Darren Woods sought assurances from Mozambique's president Daniel Chapo last week about security for a proposed $30 billion gas terminal in the African nation ahead of a decision to greenlight the project, the Financial Times reported on Tuesday, citing sources with knowledge of the talks.
XOM leans on low-cost, high-return assets in Guyana and the Permian to stay resilient against oil price swings.
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.
U.S. oil major Exxon Mobil has no plans to resume operations in Russia, Chief Executive Darren Woods told the Financial Times in an interview on Thursday.
Individual investors will be asked to cast their proxy votes in alignment with the company on shareholder proposals.
XOM is set to acquire Superior Graphite assets to build a U.S. synthetic graphite supply chain and boost its EV ambitions.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) is reportedly considering the sale of its chemical plants in the UK and Belgium as part of a potential divestment worth up to $1 billion. The US energy supermajor has recently held early-stage discussions with advisers about selling the assets, according to a Financial Times report, citing people familiar with the matter.
The governor of Russia's far eastern Sakhalin region told Reuters on Thursday that a potential return of U.S. energy major Exxon Mobil would be a boost for the local oil and gas business.
ExxonMobil is seeking to offload its European chemical plants in the UK and Belgium as the sector reels from the impact of U.S. tariffs and competition from China, the Financial Times reported on Thursday, citing people familiar with the matter.
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.
ExxonMobil Corporation's record upstream production in Q2 2025 was overshadowed by unfavorable oil prices. But this strong XOM volume capacity sets up significant upside potential if oil pricing improves. I do see several potential black swan events that could trigger an oil price rebound.
Shares of Exxon Mobil Corporation (Ticker: XOM) are slightly positive so far in 2025, although it's been a volatile* ride. Oil prices plummeted in April following Liberation Day tariffs that stoked fears of a global recession, which dampened demand expectations.