Motiva Enterprises and Exxon Mobil Corp are preparing their East Texas refineries for high winds and possible flooding as a developing tropical storm nears the U.S. Gulf Coast, people familiar with plant operations said on Monday.
U.S. President Donald Trump said Monday that ExxonMobil , the largest U.S. oil major, was among a group of companies planning to do business in Venezuela.
ExxonMobil's record Q2 production and $116B revenue beat highlight growth, but costs, cyclicality and Middle East disruptions cloud earnings visibility.
XOM's Permian output hit a record, with rising production and planned expansion positioning it as a key upstream growth driver.
ExxonMobil offers stronger upside from high oil prices and a cheaper valuation, while Enterprise provides stable cash flows and growth projects.
Par Pacific could offer greater upside than ExxonMobil, supported by strong refining margins, flexible crude sourcing and a cheaper valuation.
XOM's Guyana expansion gains momentum as a new FPSO nears startup and long-term production growth supports stronger cash flow.
XOM's advantaged Guyana and Permian assets, cost savings and production growth support its earnings and cash-flow outlook.
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XOM could benefit from WTI above $80 as low-cost Permian and Guyana production supports its exploration and production earnings.
Oil has become one of the clearest financial beneficiaries of the Iran war — and one of the biggest headaches for American drivers.
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