Exxon Mobil Corporation (XOM)
Exxon Mobil Has Continued Cash Flow Growth And Strong Assets
Exxon Mobil has an almost 8% shareholder yield, supported by strong cash flow and continued investments. The company plans to keep investments at roughly $30 billion/year, supporting substantial production growth. Despite a loftier valuation in an expensive market, the company has the continued ability to generate strong returns.
ExxonMobil Pushes for Privacy on Offshore CO2 Storage Lease Details
XOM urges Texas to keep the details of its large offshore CO2 lease private, citing the importance of protecting its proprietary commercial and financial information.
Exxon Mobil Is Futureproofing Operations
Exxon Mobil is advancing in sustainable energy with investments in hydrogen production and lithium & graphite mining, while maintaining strong oil and gas production. The firm reported a 24% YoY production increase in Q3'24, driven by integrating Pioneer Energy's Permian assets, and plans significant growth in Guyana and LNG projects. Management is anticipating spending between $27-29b in capital investments in eFY25 with a focus on Permian and Guyana production.
Exxon Mobil: Earnings Adjustments Before The Earnings Announcement
Exxon Mobil has noted major (mostly negative) adjustments to fourth quarter earnings when compared to third quarter earnings. The fourth quarter emphasizes the need for a vision. With a vision, then less emphasis will be on current commodity price fluctuations (especially down) because there is a vision of better in the future.
ExxonMobil Expects Its Profits to Fall. Time to Buy the Oil Stock on the Dip?
ExxonMobil (XOM -0.36%) is the oil industry's leader by almost every important metric, including profitability. The oil giant produced a peer-leading $8.6 billion in profits during the third quarter and a monster $17.6 billion of cash flow from operations, which also led international oil companies.
Goldman Sachs Flags Weak Q4 Guidance For Exxon Amid Weak Upstream And Chemical Results
Goldman Sachs analyst Neil Mehta expressed views on Exxon Mobil Corporation‘s XOM trading update reported yesterday.
Exxon Mobil's Earnings Warning Shouldn't Worry Investors
Exxon Mobil said lower oil prices and refining margins will weigh on earnings, but Wall Street isn't overly concerned. Here's what you need to know.
Exxon slips after flagging weak fourth-quarter earnings on refining squeeze
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in refining profits in the fourth quarter and weak returns across its operations.
Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
ExxonMobil Sues Rob Bonta, NGOs, Alleging Plastic Recycling Smears
ExxonMobil filed suit in a U.S. District Court in Beaumont, Texas Monday, targeting California Attorney General Rob Bonta and an array of environmental NGOs including the Sierra Club over what it says are smears related to its advanced plastic recycling business. In addition to the Sierra Club, other NGOs named as defendants include Surfrider Foundation, Inc., Heal the Bay, Inc., Baykeeper, Inc., and Intergenerational Environment Justice Fund (IEJF) Ltd.
Exxon warns lower oil prices will eat into profit
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has warned the likes of lower oil prices and wider weakness will eat into profit over the fourth quarter. Profit was on course to drop by around US$1.75 billion against the third quarter, Exxon forecast in an regulatory filing on Tuesday.
ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings
ExxonMobil (XOM) said it expects to take an up to a $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices.
