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.
XOM concludes the purchase of FPSO Prosperity from SBM Offshore before the expiration of the maximum lease term of the FPSO.
The energy giant's strategy has fundamentally improved its ability to make money.
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.
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.
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?
Exxon is in an elite group of dividend stocks.
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.
In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major component in electric vehicle batteries.
Shares of Exxon Mobil Corp XOM climbed in early trading on Monday, after the company reported upbeat third-quarter earnings.
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.
ExxonMobil delivered industry-leading results and shareholder returns in the third quarter.