Exxon Mobil Corp
NYSE: XOM
$124.83
+$2.25 (+1.8%)
Closing Price on October 4, 2024
XOM Articles
We have already seen earnings from Valero Energy Corp. (NYSE: VLO) and BP Plc (NYSE: BP), and these figures are acting to keep a lid on oil stocks. There is, of course, the notion of commodity...
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One piece of news no one ever expected to hear is that Exxon (XOM) will put $600 million into a project that seeks to convert algae into liquid fuel for transportation. The huge oil company says that...
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Reuters: Riots in China show the nation is in flux. Reuters: The US is considering mortgage aid for the unemployed. Reuters: The June budget gap was $94 billion. Reuters: Rattner...
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Reuters: Pandit bought time at Citigroup (C) with a management reshuffle. Reuters: Obama’s healthcare and climate plans are running into resistance. Reuters: AIG (AIG) will pay more...
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Solar stocks are again trading no differently than a leveraged bet on oil prices. This is something we have noted on many occasions and with oil down by another -$2.59 at $64.14 per barrel in NYMEX...
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China is in the midst of something just short of a global buying spree of crude reserves, metal and mining companies, tech concerns, and manufacturing operations. It would be easy to say that the...
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Reuters: Cybercrime is spreading fast on Facebook. Reuters: GM will seek to sell most of its assets to a new company. Reuters: Madoff got 150 years in prison. Reuters: AIG (AIG)...
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Twitter has a lot of people posing as someone they are not, a problem that plagues larger social networks MySpace and Facebook. The trend with Twitter is becoming a significant problem for...
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Reuters: GM will accept product liability on cars it has built in the past. Reuters: Obama could consider a second stimulus if necessary. Reuters: Rising office availability in NYC is...
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Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of the bank industry has...
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It has become commonplace among analysts and oil traders to fear that crude prices are up so much that inflation will have to return the market. A recent piece from Reuters reinforces that sentiment....
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We keep getting asked a single question from readers and from our own industry and professional contacts: Are Oil Stocks Cheap? There is a very simple answer in today’s markets: Oil stocks look...
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Reuters: Baclays (BCS) sold BCI to Blackrock (BLK) for $13.3 billion Reuters: WHO declared a flu epidemic Reuters: Congress bash Fed, Treasury, and B of A (BAC) on Merrill Reuters: US...
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Exxon Mobil Corp. (NYSE: XOM) may be getting deeper and deeper in Alaska via a monster pipeline project. A report from the Houston Chronicle said the oil giant is in discussions with TransCanada...
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Reuters: Fiat closed its deal for control of Chrysler. Reuters: California may be hit by an economic “meltdown.” Reuters: May foreclosures were third highest month ever recorded....
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