Exxon Mobil Corp
NYSE: XOM
$119.31
-$1.25 (-1.0%)
Closing Price on November 15, 2024
XOM Articles
After the Dow gained 7.5% and the S&P 500 was up 11.4% in 2014, 24/7 Wall St. wants to know what lies ahead for the Dow in 2015. Our methodology and track record for prior years is included.
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One key consideration for the year ahead is that Exxon Mobil is under a major cloud due to hugely lower oil prices.
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One key consideration for the year ahead for Chevron is the price of crude oil, which is currently trading at five-year lows.
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The U.S. Energy Information Administration has reported that U.S. natural gas stocks decreased by 131 billion cubic feet for the week ending January 2.
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Michigan is not near any huge oil refineries, and it has one of the highest gasoline taxes of any state. Yet three of the four cities in America with the lowest price per gallon for regular are there.
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Exxon Mobil and Chevron have not yet revealed their proposed spending and production levels for this year, but they are also expected to spend less as low crude oil prices drag down profits.
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The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 26 billion cubic feet for the week ending December 26.
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Civeo has announced that due to the fall in oil prices it has cut its 2015 guidance and suspended its dividend.
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The five largest cap companies on the Nasdaq Composite index are all tech giants and their combined effect on the index is significant.
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Short interest in large oil and gas stocks rose in the two-week period to December 15 for all but one of the companies we follow. That should be no surprise give the plunge in oil prices.
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The U.S. Energy Information Administration reported Wednesday afternoon that U.S. natural gas stocks decreased by 49 billion cubic feet for the week ending December 19.
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With investors loving dividends so much, 24/7 always tries to take a look at what the Dogs of the Dow will look like for the year ahead.
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Chevron said in a letter to Canada's National Energy Board that it would abandon its plans to drill in the Arctic due to economic uncertainty in the industry.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending December 12.
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Oil did not start Tuesday on a good note, but it did make a strong recovery, and that is reflected in the stock prices of some major oil companies.
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