The acquisition of Pioneer Natural boosts XOM's production capabilities in the Permian Basin due to its exceptionally low production costs.
XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as highlighted by XOM?
The recent downgrades in EPS/revenue revisions for Exxon's Q4 earnings (and beyond) increase the odds of another beating, in my opinion. The Company's Q3 2024 financials showed stable revenue and strong segment performance, with significant cost savings and solid margins. XOM continues to reward shareholders with a 4% YoY dividend increase, maintaining a strong track record of total shareholder returns.
XOM's most recent insider activities signal excellent entry points. These activities are unusual in several ways and thus should be a key consideration for potential investors. The current stock price is essentially the same as the price at which the most recent insider purchase was made (of around $109).
Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation XOM from $125 to $123 ahead of the company's fourth-quarter results, which will be reported on January 31, 2025.
Exxon (XOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ExxonMobil and Qatar Energy on Friday began exploratory drilling for natural gas in a prospect west of Cyprus, Cyprus President Nikos Christodoulides said on X.
The lawyer for an Israeli private investigator said for the first time publicly on Wednesday that her client is being prosecuted over allegations that he was hired by an Exxon Mobil lobbyist to hack emails of environmental activists.
According to NextEarningsDate.com, the Exxon Mobil XOM next earnings date is projected to be 1/31 before market open, with earnings estimates of $1.79/share on $88.23 Billion of revenue.
Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
XOM's growth prospects are strong, but a few uncertainties surrounding the stock suggest investors may be better off not buying it at premium valuations.
Exxon Mobil: Don't Let This Buying Opportunity Go To Waste (Rating Upgrade)