Exxon's headline numbers are nothing special lately, but I see credible upside thanks to Guyana and the Pioneer deal. Legal and policy risks are real, but the market already prices in a lot of pessimism. Compared to Shell and Chevron, Exxon's mix of returns and future growth stands out for me.
XOM taps EnerMech for its first major Gulf deepwater decom project at the 25-year-old Hoover-Diana field.
XOM gains as Iran-Israel tensions lift oil prices, boosting cash flows from its Permian-focused E&P operations.
Exxon Mobil (XOM) reached $114.00 at the closing of the latest trading day, reflecting a +1.35% change compared to its last close.
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian oil that comes off the market.
Geopolitical tensions in the Middle East could drive oil prices as high as $120 per barrel according to JP Morgan, benefiting Exxon Mobil's earnings outlook. Applying the Graham Number, Exxon Mobil's intrinsic value ranges from $103 to $134 per share, depending on EPS scenarios. Exxon Mobil's strong balance sheet and Dividend Aristocrat status provide downside protection and income stability for investors.
XOM's upstream profits face pressure from falling oil prices, but its low Permian breakeven costs offer a key buffer.
Exxon Mobil (XOM) reachead $107.22 at the closing of the latest trading day, reflecting a +2.14% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
XOM trades at a premium valuation despite soft oil prices, chemical oversupply and falling earnings estimates.
XOM signs new deal with SOCAR to explore Azerbaijan's untapped onshore oil, eyeing unconventional reserves for growth.
XOM and partners raked in $10.4B from Guyana in 2024 as output rose and the basin tightened under their control.