Chevron is worth buying even if its deal with Hess falls through. Devon Energy's share price weakness is a buying opportunity for dividend hunters.
ExxonMobil expects global energy demand to grow over the next couple of decades. The company is investing to supply the world with the energy it needs.
ExxonMobil sees itself as a technology company. The energy company has a long history of innovation.
XOM stock is climbing back from June lows along with the rise in oil prices. Exxon is fighting to block Chevron's acquisition of Hess.
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's NYSE: XOM price action is not immune to the broad-market selloff, but operational quality, growth, and capital return point to a buy-the-dip opportunity. Exxon's operational quality is improving due to efficiency efforts, modernization of its operations, and the impact of the Pioneer acquisition, which is not fully felt.
Exxon delivered its best second-quarter results in over a decade. The company delivered industry-leading earnings and cash returns during the period.
Exxon Mobil management gives their view of the future and how the company will respond to future challenges. CEO Darren Woods emphasizes flexibility and realism in maintaining a competitive edge. Shift towards low carbon future that may possibly include oil and gas in various forms.
ExxonMobil (XOM) Q2 earnings gain from higher crude realizations and contributions from the Pioneer acquisition.
Exxon Mobil Corporation stock delivered strong Q2 earnings, beating consensus estimates on both lines. In particular, the progress and benefits from the Pioneer assets integration far exceeded my earlier expectations. The Pioneer acquisition boosts Q2 production to record levels, and I also expect it to lower breakeven costs.
Exxon Mobil Corporation (NYSE:XOM ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Jim Chapman - VP of IR Darren Woods - Chairman, CEO Kathy Mikells - SVP, CFO Conference Call Participants Neil Mehta - Goldman Sachs Betty Jiang - Barclays Doug Leggate - Wolfe Research Devin McDermott - Morgan Stanley John Royall - JP Morgan Jason Gabelman - TD Cowen Biraj Borkhataria - RBC Stephen Richardson - Evercore Roger Reed - Wells Fargo Josh Silverstein - UBS Bob Brackett - Bernstein Research Operator Good day, everyone, and welcome to this ExxonMobil Corporation Second Quarter 2024 Earnings Call. Today's call is being recorded.
ExxonMobil (XOM) posted second-quarter results well above analysts' expectations Friday as record production levels and higher oil prices boosted the company's results.