Exxon Mobil Corporation (XOM)
Exxon Mobil: Buy Before Earnings (Rating Upgrade)
Exxon Mobil's recent bullish breakout was driven by strong Q2 results, with earnings of $2.14 per share and revenue of $93.06 billion. Despite YTD profit losses of -9%, Exxon saw a 15% quarterly gain in production, supported by record levels in the Permian and Guyana. Exxon's forward P/E valuation is 14.89x, comparable to Chevron but higher than Shell and BP, suggesting room for growth.
Nigeria approves Exxon-Seplat $1.28 billion deal, oil regulator says
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy , the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
The Top Energy Stock Billionaire Investors Are Buying Hand Over Fist
Energy has been the worst-performing sector over the past year, returning less than 1% compared to a 34% gain by the S&P 500.
Oil Prices Fall, Sector Pulls Back: Time to Buy this Stock?
The energy sector and WTI crude oil prices spiked following the escalation in the Middle East after Iran launched a missile attack on Israel earlier this month. Initial fears of conflict disrupting global oil supplies, mainly through the vital Strait of Hormuz.
ExxonMobil Eyes $500M Sale of Bakken Shale Assets in North Dakota
XOM plans to sell part of its North Dakota Bakken shale assets. This move is expected to generate more than $500 million as the company refocuses on high-growth regions.
Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
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.
Exxon seeks buyers for portion of assets in North Dakota's Bakken shale
Top U.S. oil producer Exxon Mobil Corp plans to sell a portion of its assets in North Dakota's Bakken shale formation, the company told Reuters on Tuesday.
Exxon Mobil (XOM) Advances But Underperforms Market: Key Facts
In the most recent trading session, Exxon Mobil (XOM) closed at $124.08, indicating a +0.38% shift from the previous trading day.
Guerilla Litigation: California AG Sues ExxonMobil Over Plastics
California's Attorney General Rob Bonta has sued ExxonMobil because unrecycled plastic waste has accumulated in California. The lawsuit claims ExxonMobil has misled the public for decades over the ability to recycle plastic waste, and that plastics recycling was, to paraphrase, overhyped.
ExxonMobil Secures Largest U.S. Offshore CO2 Storage Site
XOM strengthens its carbon capture position by securing the largest U.S. offshore CO2 storage site, further supporting emission reduction and advancing net-zero goals.
Exxon Mobil: 15x Profit Multiple, Upcoming Dividend Hike, 3% Yield
Exxon Mobil is set to benefit from higher crude oil prices and expanding production, particularly from its recent Permian asset acquisition. The stock has strong momentum, breaking above key moving averages, and is expected to announce a dividend increase soon. The U.S. economy's solid labor market and moderating inflation further support XOM's bullish outlook.
After Hitting an All-Time High, Is ExxonMobil the Best Energy Dividend Stock to Buy Amid Rising Oil Prices?
ExxonMobil continues to outperform other integrated oil and gas majors.
