Exxon Mobil Corp
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XOM Articles
Big Oil is now engaged in cost-cutting operations with mass layoffs and project cutbacks. This could start a positive feedback loop for both oil and oil stocks.
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ThinkstockOctober 19 2015: Markets opened lower on Monday after China reported a slight beat on estimates for its Q3 GDP report (up 6.9% vs. 6.8% estimate). The bad news is that the government’s...
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ThinkstockOctober 16, 2015: Markets opened higher on Friday following an expected drop of 0.2% in U.S. industrial production and a surprise jump of 2.5 points in the consumer sentiment index. Crude...
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U.S. commercial crude inventories increased by 7.6 million barrels last week, maintaining a total U.S. commercial crude inventory of 468.6 million barrels.
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The EIA reported Thursday morning that U.S. natural gas stocks increased more than analysts expected for the week ending October 9.
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Here are five analyst upgrades and positive initiations seen from Monday that were under the radar earlier Monday morning.
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The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks increased almost across the board.
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U.S. natural gas stockpiles are well above their levels of a year ago and also above the five-year average.
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Anyone waiting for some good third-quarter news from U.S. oil companies is very likely to be disappointed when these firms report earnings beginning later this month.
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U.S. commercial crude inventories increased by more than 3 million barrels last week, according to the EIA.
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thinkstockOctober 2, 2015: Markets opened lower on Friday, but in a near-miracle retracing fought broke back into the green in the noon hour. The weak start to the day’s trading could have been...
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While energy is still a contrarian trade, the way to play it is with the big integrated stocks and exploration and production companies that pay a solid dividend.
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The EIA reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending September 25.
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Exxon Mobil's troubled 155,000-barrel per day refinery in Torrance, Calif., is being sold to PBF Energy for $537.5 million.
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week,...
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