XOM secures ownership of the Liza Destiny FPSO from SBM Offshore in a $535M deal, enhancing its control at the Stabroek Block and ensuring production excellence through 2033.
So you say you want to invest in top-10 oil stock ExxonMobil (XOM 0.34%) -- but you'd first like some assurance that the stock will go up after you buy it, and not down? Then today may be your lucky day!
Exxon Mobil, with a market cap of $491.5 billion, has achieved a 15.2% upside since December, though it has lagged behind the S&P 500's 31.5%. Management's guidance through 2030 highlights significant growth potential in both traditional and new energy sectors, with a $400 billion market opportunity for new products by 2030. Capital expenditures are projected to nearly triple to $140 billion from 2025-2030, aiming for a $30 billion increase in annual operating cash flow.
ExxonMobil (XOM -1.47%) is the hands-down leader of today's carbon-powered world. The company is an industry-leading producer of hydrocarbons.
@Theotrade's Don Kaufman shares why he's bullish on Exxon Mobil (XOM) and the iShares 20+ Year Treasury Bond ETF (TLT), but bearish on the U.S. Global Jets ETF (JETS) despite the holiday travel season heating up. Rick Ducat dives into the technical trends.
A pure-play oil and natural gas producer, ConocoPhillips (NYSE: COP) stock is down 12% since the beginning of this year, compared to a 27% return of the S&P 500 over the same period. In comparison, COP's peer Exxon Mobil stock (NYSE: XOM) is up 14% this year.
Exxon Mobil (XOM) closed at $108.01 in the latest trading session, marking a -0.42% move from the prior day.
ExxonMobil (XOM -2.14%) has become a cash-gushing machine in recent years . The oil giant delivered industry-leading cash flow from operations of $17.6 million during the third quarter.
With 1,000 wells in the Delaware Basin, XOM combines advanced technology with operational excellence to drive efficiency and lower emissions in the Permian.
This article upgrades XOM to STRONG BUY due to the combination of robust Q3 results and recent stock price dip. These factors have pushed its total shareholder yield to be above 7% when both dividends and buybacks are considered. There are some near-term challenges (such as commodity prices and demand outlook).
ExxonMobil (XOM -0.88%) is already the undisputed leader among international oil companies. The oil giant delivered industry-leading earnings, cash flow, and shareholder returns during the third quarter.
I am skeptical of overly bullish 2025 forecasts being put out by Wall Street. I have been reducing equity exposure in favor of capital preservation ideas since the November election. High valuations, such as the Buffett Indicator at 210%, record price to sales of 3.2x and a near-record Shiller CAPE Ratio of 39x, suggest honest bear market and crash potential. Defensive picks like Exxon Mobil, with strong free cash flow and dividend yields, could outperform soon, especially if energy prices rise due to geopolitical/trade war issues.