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.
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.
The earnings growth is forecast to return next year but that might take some patience.
Big oil giants Chevron Corp CVX and Exxon Mobil Corp XOM moved up slightly in the pre-market session Monday in a bid to recover from last week's losses. Both enterprises – particularly the former – suffered heavy losses following concerns about the economy.
Exxon's diversified business model has its advantages during a downturn. The oil major's dividend is reliable and features a good yield relative to the S&P 500.
Exxon Mobil has pulled out of the race to buy half of Galp Energia's stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge of the matter said.
Investors interested in stocks from the Oil and Gas - Integrated - International sector have probably already heard of Eni SpA (E) and Exxon Mobil (XOM). But which of these two stocks is more attractive to value investors?
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 Mobil Corporation (NYSE:XOM ) Barclays 38th Annual CEO Energy-Power Conference Call September 5, 2024 8:00 AM ET Company Participants Dan Ammann - President and Head, Low Carbon Solutions Conference Call Participants Betty Jiang - Barclays Betty Jiang Welcome to the Third Day of the 38th Barclays Annual Energy Conference. It's my great pleasure to introduce and welcome Dan Ammann, President and Head of Low Carbon Solutions at ExxonMobil.
Exxon Mobil (XOM) closed the most recent trading day at $114.06, moving -1.22% from the previous trading session.
Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay until 2029.
Acquiring the remaining stake in the Wolfcamp JV would reinforce XOM's leadership in the Permian Basin and provide strategic advantages amid the evolving global energy landscape.