Bulls ran rampant, pushing Bitcoin to a 39-week high at $26,500. The resulting market cap increase saw the leading cryptocurrency leapfrog Meta, Visa, TSMC, and Exxon Mobil in valuation. Market moment...
Tag: Exxon
Exxon Mobil vs. Chevron: Comparing 2 Oil Giant, Dividend Aristocrats
Most oil and gas producers, including Exxon Mobil (XOM) and Chevron (CVX) , posted record profits last year thanks to the rally in prices of oil and gas, which largely reflected the sanctions of weste...
Time To Buy XOM Stock Amid Exxon Moves?
Exxon Mobil (XOM) beat the odds. After being removed from the Dow Jones Industrial Average in August 2020 after 92 years, the stock used a comeback in oil prices in 2022 as the catalyst to prove its w...
BP Boasts Record Profits As Oil Giants Report Historic Windfalls
Topline British energy giant BP on Tuesday reported its highest-ever annual profits, the latest in a series of bumper earnings reports from oil and gas companies reaping the rewards of soaring energy ...
BP Stock, Lagging Exxon, Blames Renewables, With Earnings Due
BP (BP) will report fourth-quarter financial results early Tuesday as it reportedly looks to shift away from renewable energy and return its primary focus to oil and gas production. BP stock edged low...
January 2023 Earnings Roundup – The Outlook For McDonald’s, Spotify, GM, Exxon And UPS Heading Into 2023
Getty Images Key takeaways Several companies are providing mixed results for future guidance as earnings season ramps up Interest rates, inflation, supply chain and other factors continue to be ongoin...
S&P 500 Stocks, Led By Exxon Mobil, Top 5 Stocks Near Buy Points
S&P 500 stocks Exxon Mobil (XOM), Delta Air Lines (DAL) and Qualcomm (QCOM) along with Dow Jones stock Boeing (BA) and Autoliv (ALV) are in focus this week. X With the market rally attempting to g...
Shell Reports Record Profits As Oil Giants—Including Exxon, Chevron—Cash In On Sky-High Prices After Russian Invasion Of Ukraine
Topline British energy giant Shell on Thursday reported its highest-ever annual profits, beating expectations and following record announcements from American heavyweights Chevron and Exxon Mobil as t...
BP May Cut Renewable Energy Spending. Its Stock Could Catch Exxon, Chevron.
BP stock was heading higher Wednesday morning after the Wall Street Journal reported that the European oil giant was planning to narrow its investments in renewable energy. The former British Petroleu...
Buy Exxon Mobil After Earnings Report? Here’s What the Chart Says.
Shares of Exxon Mobil (XOM) – Get Free Report on Tuesday were trading about 1.5% higher at last check. That’s a reversal from the slightly lower open and from the drop of almost 3% at the...
Exxon Earnings Are Coming Tuesday. Why a Record Year May Not Be Enough.
Exxon Mobil is on track to close out its most profitable year ever, with analysts projecting that the company earned $58 billion in 2022. But when the oil giant reports fourth quarter earnings on Tues...
Exxon Mobil Stock Sits On A $30 Billion War Chest, Record Profit Target
Exxon Mobil (XOM) will report fourth-quarter financial results Tuesday, with analysts expecting the energy giant to close out 2022 with its highest revenue since 2013. Exxon Mobil stock edged lower ea...
Stock Market Investing Action Plan — January Wrap: Apple, OPEC, Exxon And The Fed
As the U.S. stock market rally finds its stride, optimism is rising toward stocks, the economy and the Fed’s battle to manage inflation. Hong Kong’s market also reopened to a strong perfor...
Analyst picks Exxon over Chevron after latter missed profit estimates
Chevron Corporation (NYSE: CVX) is trading down this morning after reporting its fourth-quarter profit that came in shy of street estimates. Chevron has a new stock buyback programme In its upstream b...
What If Both Sides Of The ESG Debate Are Right About US Majors’ Oil And Gas Investments, But For The Wrong Reasons?
My hypothesis is that US majors underinvest both in renewables and in oil and gas needed to get us through the energy transition. Perhaps, the right question, addressed to both the anti and pro ESG wi...
Oil Stocks To Watch: Exxon Mobil Fuels Buy Point With 159% EPS Growth On Tap
Wall Street has eyes on Exxon Mobil (XOM) as the oil stock looks to energize a new breakout ahead of Jan. 31 earnings. Analysts expect the energy leader to fuel 62% EPS growth for the quarter, capping...
A Fresh Reading Of Exxon’s Predictions Of Global Warming And Climate Change From 40 Years Ago.
ExxonMobil gas station in February 2022 in Houston, Texas. Getty Images An Exxon study done in 1982 focused on global warming by increasing greenhouse gas (GHG) emissions. Remarkably, thirty-seven yea...
Exxon Mobil Stock Should Shine, Even in a Recession
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
BP and Shell vs. Exxon and Chevron: The Mystery of Big Oil’s P/E Gap
Last year, global oil companies boomed. BP and Shell both based in London, saw share prices rise some 40% in 2022 and trade at five times forward earnings. U.S.-based Exxon Mobil soared nearly 80% and...
Exxon Says Natural Gas Decline Weighed on Fourth-Quarter Profit
(Bloomberg) — Exxon Mobil Corp., the largest US oil company, said lower oil and natural gas prices had a negative impact on fourth-quarter earnings of about $3.7 billion compared with the preced...
BP and Shell Are a Buy in 2023. Why They’re Cheaper Than U.S. Oil Giants.
It was a great year for oil companies such as Exxon Chevron Shell and BP But the giants of European energy are still trading at significantly lower valuations than their American counterparts, which m...
Exxon and Chevron share $100bn in profit after surge in oil prices
ExxonMobil and Chevron are expected to rake in almost $100bn in combined profits from 2022 as the US corporate oil titans capitalise on surging fossil fuel prices following Russia’s invasion of Ukrain...
Exxon Stock: Should You Buy XOM On Forecasts For 2023 Earnings And Outlook For The Oil Industry?
Exxon Mobil (XOM) beat the odds. After being removed from the Dow Jones industrials index in August 2020 after 92 years, Exxon used a comeback in oil prices in 2022 as the catalyst to prove its worth....
Exxon Mobil Aspire ‘Net Zero’—XOM Stock Likely to Enjoy
With the year coming to an end soon, companies are looking towards setting their goals for the upcoming year. Oil and gas corporation giant ExxonMobil Corp (NYSE: XOM) also reported to boost the inves...
Find Here The Update from Exxon Mobil (XOM) and its Price Action
ExxonMobil Corporation is an American multinational oil and gas company. The firm is the direct descendant of John D. Rockefeller’s Standard Oil. It was formed by the merger of Exxon and Mobil and is ...
House Oversight Committee Puts Political Agenda Above Energy Security
FILE – House Oversight and Reform Subcommittee on Environment Chair Ro Khanna (D-Calif.) led last … [+] week’s hearing on the oil industry and climate change. (AP Photo/Jacquelyn Mar...
Market Rally Wipes Out Powell Gains As Apple, Exxon Skid; What To Do Now
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally had another weak session, with Apple (AAPL) and Exxon Mobil (XOM) breaking below ke...
Exxon, Diamondback, and Coterra Stock Could Continue to Rally
U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...