Exxon Mobil Corp. (XOM) News
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XOM News Highlights
- XOM's 30 day story count now stands at 72.
- Over the past 26 days, the trend for XOM's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
- The most mentioned tickers in articles about XOM are BP, CVX and EOG.
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.
Exxon Mobil (XOM) has seen some extreme volatility the last couple of weeks thanks to general market volatility that appears to be based on Russia/Ukraine news. Which seems to flip flop every 20 minutes. I do remain very bullish on oil and Exxon over the next few years, but depending...
Chevron Corporation (CVX) raised it's already substantial quarterly dividend to $1.42 from $1.34 in January. This puts the current yield at 4.3% well above the S&P 500 (SPY) rate of 1.3%. In this article, we will examine CVX's financial metrics, dividend history and where CVX is going from here. I...
ExxonMobil (XOM) is an American oil and gas company. It operates through three segments, namely Upstream, Downstream, and Chemical. The Upstream division produces crude oil and natural gas. The Downstream unit manufactures petroleum products. The Chemical segment provides petrochemicals. For Q4 2021, ExxonMobil reported revenue of $85 billion, which increased from $46.5 billion in the same quarter the previous year but fell short of the consensus estimate of $90.2 billion. It posted adjusted EPS of $2.05, which rose from $0.03 in the same quarter the previous year and beat the consensus estimate of $1.84. The company plans to distribute a quarterly dividend of $0.88 per share on March 10.
When investors look for relative strength assets, energy stocks are one of the few groups that have been strong all year.
Investors are talking about the best energy cryptos to buy as the Russia-Ukraine conflict exposes deep issues with the energy sector.
Oil prices are still rising and experts predict that it will continue.
Oil prices fell back on Friday morning as it became clear that Western leaders would not sanction Russia's energy industry after it invaded Ukraine.
Yahoo Finance Live's Jared Blikre breaks down the oil close and how commodities are trading.
ASD Senior Fellow and illicit finance expert Josh Kirschenbaum joins Yahoo Finance Live to discuss strategies the U.S. and European allies could take in imposing additional sanctions on Russia.
Chevron Corporation (CVX) and Bunge Limited (BG) enter into a joint venture to produce renewable fuel.