Exxon Mobil Corp
NYSE: XOM
$120.08
+$0.07 (+0.1%)
Closing Price on October 21, 2024
XOM Articles
It’s no secret that share prices for big oil are down over the past 12 months. These oil giants have fallen sharply from highs when oil was in the $140’s per barrel. Exxon Mobil (NYSE:XOM) is...
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It appears that every stock in the market is being crushed, but that is not entirely so. Several companies in industries not likely to be badly by a deep recession are doing well, and should continue...
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The cost of a barrel of crude has fallen from $147 this summer to $95. On the abacus that is a drop of 36%. Gas is not down nearly that much and still sells for nearly $4 a gallon in some cities. The...
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These are some of the upgrades and positive analyst calls we are seeing this Wednesday morning: American Tower (AMT) Raised to Buy at Goldman Sachs. Energy Solutions (ES) Raised to Outperform at FBR....
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Hope dies hard. A lot of Wall St. analysts still think that earnings from the S&P 500 companies will be up in aggregate in Q4 2008 compared with the same quarter last year. There is an extremely...
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The ups and downs of the government’s attempts to get a bailout package for financial institutions is leading the major players in the oil patch to remain really quiet. Given the yelping not so...
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As you will see below, there were many key changes to short sales in oil stocks. Some of these would have been expected to have gone up because oil was so weak. But there were many surprising...
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A good thing happens, but a bad thing happens. The current market works that way. All the arrows never point in the same direction. As word of the government’s bank bailout spread, crude oil moved...
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The effects of Hurricane Ike on the Gulf Coast are still being sorted out, but, so far reported infrastructure damage is light. That may change as producers, refiners, and pipeline operators begin...
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Oil refiners have had a very tough year. Since January, Marathon’s (NYSE:MRO) stock is off nearly 30%, Valero (NYSE:VLO) has plunged more than 50%, and Tesoro (NYSE:TSO) is off more than 60%. All...
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The SEC has proposed new rules that would permit oil and gas companies to report possible and probable reserves as well as proved reserves when completing their annual 10-K. According to the agency,...
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The new mantra creating a deflating speculative bubble is taking a new twist. Even before Ospraie blew out its fund (and now after) there have been more rumors about commodity-related funds or...
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Hurricanes Katrina and Rita in 2005 forced a halt to about 25% of US oil and natural gas production. Now Tropical Storm Gustav, which is predicted to gain hurricane status by the weekend, is drawing...
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In the midst of the military and political fiasco in Georgia, it would be easy to believe that Russia could withdraw from a number of contracts it has with the West. It appears that Moscow is...
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Conoco (COP) is selling its gas stations, following Exxon (XOM) out the exit door. Perhaps there is a greater fool; a company that thinks it can make money on a business that Conoco believes is...
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