Exxon Mobil Corp

NYSE: XOM
$117.97
-$2.00 (-1.7%)
Closing Price on November 26, 2024

XOM Articles

Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge has taken oil back above $60 per barrel.
The U.S. natural gas storage withdrawal last week was in line with expectations, keeping the price of the commodity for April delivery within a penny of Wednesday's closing price.
These four top large-cap energy stocks to Buy now all pay solid dividends and still have good upside to the Merrill Lynch price targets.
One sector that had been a perpetual underperformer of the great bull market has been the energy sector. But times have changed.
Even these safer, low-volatility stocks have run during the rally that started in late December, but they should hold better during market turbulence than crowded tech and momentum companies.
Last week's natural gas storage withdrawal topped 200 billion cubic feet, right around an analysts' estimate. U.S. natural gas stockpiles are now nearly a third lower than their five-year average.
The February 28 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
Even if a lot of this 10-year bull market was simply playing catch-up from the bottom, it still seems pretty pathetic that some corporate giants have hardly noticed that they were in the midst of the...
The top analyst upgrades, downgrades and initiations seen on Friday included Abercrombie & Fitch, Exxon Mobil, Etsy, GameStop, Kraft Heinz, Netflix, Tilray and Vodafone.
The U.S. natural gas inventory dropped by 149 billion cubic feet last week, closed to the analysts' consensus expectations. Colder weather ahead may sharpen demand in the coming week.
In its investor day presentation Wednesday, Exxon Mobil said it plans to increase capital spending in the next two years, primarily in upstream production. Investors are not reacting well.
Chevron is targeting higher returns and production from the Permian Basin shale plays and strong cash flows to support a dividend hike and ongoing share buybacks.
The U.S. natural gas inventory dropped as expected last week. The effect on prices was modest, dropping somewhat before recovering most of that dip.
The February 15 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
Merrill Lynch believes that the changes in the energy sector should mean that U.S. energy stocks can still pay off for investors.