Exxon Mobil Corp. (XOM) News
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XOM News Highlights
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Latest XOM News From Around the Web
Below are the latest news stories about EXXON MOBIL CORP that investors may wish to consider to help them evaluate XOM as an investment opportunity.
ExxonMobil Expects Its Profits to Fall. Time to Buy the Oil Stock on the Dip?ExxonMobil (NYSE: XOM) is the oil industry's leader by almost every important metric, including profitability. The oil giant produced a peer-leading $8.6 billion in profits during the third quarter and a monster $17.6 billion of cash flow from operations, which also led international oil companies. Here's a look at whether that's a concern or investors should buy the oil stock on its profit dip. |
The Best Energy Stocks to Invest $500 in Right NowEnergy is vital to modern society, and most investors should probably have some exposure to the sector. Investors need to come to grips with this when looking at energy related stocks. The upstream group is filled with energy producers, the midstream contains pipeline companies, and the downstream is where chemical and refining businesses reside. |
The Score: Meta Platforms, Moderna, Edison International and More Stocks That Defined the WeekMeta Platforms is ending fact-checking and speech restrictions across Facebook and Instagram, as Chief Executive Mark Zuckerberg embraces a second Trump presidency. Starting in the U.S., Meta will be replacing fact-checkers with a so-called Community Notes system. Zuckerberg built up Facebook’s content-policing efforts in the wake of Trump’s first presidential election. |
The Fossil Fuel Wars: S&P 500 Giants, AI Data Centers And Russian SanctionsEarly in December, S&P 500 giant Exxon Mobil went against the industry grain and boosted its capital spending outlook. Exxon said it would hold its purse steady through 2025, then boost its allocated spending through the end of the decade. The move came as OPEC+ continues reining in production. |
Exxon Mobil Insider Ups Holding By 105% During YearFrom what we can see, insiders were net buyers in Exxon Mobil Corporation's ( NYSE:XOM ) during the past 12 months... |
Canada's Imperial Oil says senior executive to leave for Exxon MobilCanadian oil refiner Imperial Oil said on Friday senior executive Sherri Evers will join major shareholder Exxon Mobil, effective March 1. Evers, who is currently senior vice president, sustainability, commercial development and product solutions at Imperial, will become North America Lubes general manager at Exxon. "Sherri successfully led a diverse portfolio contributing to Imperial's business and strategic projects, including the Strathcona renewable diesel project in the Downstream and development of our new Low Carbon Solutions business," Imperial CEO Brad Corson said in statement. |
Imperial Oil's Sherri Evers Taking New Post at Exxon MobilImperial Oil (IMO.TO, IMO) on Friday said Sherri Evers, its Senior Vice President, Sustainability, C |
Chevron Shows Confidence in Hess Merger and Guyana Dispute ResolutionCVX and Hess Corporation show optimism over their $53 billion merger and Exxon-led arbitration challenge over Guyana's Stabroek block. |
GTLS Wins Global Master Goods and Services Deal From ExxonMobilPer the global master goods and services agreement, Chart Industries is set to supply liquefied natural gas equipment to ExxonMobil. |
'Drill, baby, drill' should allow US to 'keep a lid' on oil pricesOil (CL=F, BZ=F) prices are decreasing, with Exxon Mobil (XOM) and Shell (SHEL) shares ticking down as they respectively cite narrowing refining margins and slowing natural gas (NG=F) sales. On Market Domination, Tortoise senior portfolio manager and managing director Rob Thummel discusses the valuation of top energy companies while addressing the mantra behind Republican leaders and President-elect Donald Trump's stance on US oil, better known as "Drill, baby, drill." "We have a significant amount of reserves across the US. And so what? Drill, baby drill means to me is that when we need it, we'll be able to drill more and produce more," Thummel explains. "But the goal will be to keep inflation moderated, and keep oil and natural gas prices at moderate levels so that they just don't get... |