Exxon Mobil Corp
NYSE: XOM
$124.83
+$2.25 (+1.8%)
Closing Price on October 4, 2024
XOM Articles
It appears that record oil prices really are paying off for Exxon Mobil Corp. (NYSE: XOM). The largest company by market cap is reporting that it made some $11.66 Billion in quarterly profits on a...
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According to Reuters, Chinese mining group Chinalco and Alcoa (AA) have bought 12% of Rio Tinto (RTP) setting up a potential bid against BHP Billiton (BHP). Reuters writes that Motorola (MOT) is...
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We are over half-way through earnings season now, but we still have four DJIA components set to report earnings this week. We’ve also provided a link here to see which targets are there in our...
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The market may be down 600 points today. If the selling picks up, it is hard to predict a bottom. There are a very few shares which should be a good defense because of their size, balance sheets,...
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GE’s (GE) numbers were OK. There was no real difference between expectations and what really happened. GE hit a 52-week low yesterday, so the company’s world does not look so good to Wall St. At...
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A number of experts say that companies, especially financial services firms, will cut dividends in 2008. CNN Money writes that "dividend cuts or suspensions will continue to pick up among financial...
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2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer. If you...
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LDK Solar Co.Ltd. (NYSE: LDK) shares were up 20% late Monday after an independent audit report put the inventory errors that had been in question at zero. Shares of First Solar (NASDAQ: FSLR) gave up...
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AT&T (T) raised its dividend today and upped its share buy-back. The company’s stock is up almost 9% on the news, the most in five years, according to Bloomberg. It looks like the old dividend...
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Oil is not at $200. It trades just below $100, and there are some reasons it could drop. The economies in the US and Europe are probably slowing, which should bring down demand. China has put the...
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Akamai (AKAM) started as Neutral at B of A.Corning (GLW) started as Sector Perform at RBC.Dollar Tree (DLTR) raised to Overweight at Lehman.Exxon Mobil (XOM) raised to Buy at UBS.McAfee (MFE) raised...
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Some on Wall St. are concerned that, as the price of oil reaches closer to $100, Big Oil will not do as well as the rising price of crude would indicate. That is, to some extent true. Refinery...
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On Jim Cramer’s STOP TRADING segment on CNBC, Jim wanted to talk which oil companies were better than others with oil nearing $100/barrel. The ExxonMobil (NYSE:XOM) quarter wasn’t all that bad...
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Christophe de Margerie, Chief Executive of France’s Total, warned that if crude does continue to rise, upward trends on taxes and production costs could worsen. "Coupled with an increasing reliance...
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According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion. Reuters writes that shares of PetroChina (PTR)...
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