The energy sector is on track to enjoy a unanimous rally Tuesday, as the European Union’s ban on Russian oil has sent crude oil futures surging. The SPDR Energy Select Sector ETF XLE, +1.00% ral...
Tag: Exxon
Exxon is ‘really well-positioned’ to withstand inflation
Exxon Mobil Corporation (NYSE: XOM) has already seen a close to 50% increase in its stock price this year, but the Independent Advisor Alliance CIO says it continues to be worth owning in the current ...
Thai Billionaire Isara Vongkusolkit’s Banpu Buys Exxon Mobil’s Texas Gas Fields For $750 Million
The Barnett Shale Gas field in Fort Worth, Texas, is pictured at dusk on February 27, 2006. XTO … [+] Energy Inc. is extracting natural gas at this facility. J.G. Domke/Bloomberg News Banpu—cont...
Shell Joins Exxon With $1 Billion Brazil Exploration Setback
(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit c...
Dow Jones Futures: Stocks Soars As Powell Rules Out Even-Bigger Rate Hikes; Apple, Exxon Flash Buy Signals
Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. The Federal Reserve raised interest rates by a half point on Wednesday, but the stock market surged and Trea...
Exxon Mobil, General Dynamics Lead 5 Stocks Near Buy Points Without This Big Risk
Energy giant Exxon Mobil (XOM), health care stocks Humana (HUM) and Merck (MRK), defense stock General Dynamics (GD) and lumber producer Weyerhaeuser (WY) are five stocks to watch near buy points. X W...
Exxon (XOM) earnings Q1 2022
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Shares of Exxon Mobil slid on Friday after the company took a $3.4 billion after-tax cha...
Oil Stocks: Exxon, Chevron Earnings Due With Crude Oil Above $100
Exxon Mobil (XOM) and Chevron (CVX) will report first-quarter earnings Friday as crude oil prices stabilize above $100. Oil stocks rose Thursday, with Exxon and Chevron stock near buy points. X Oil pr...
California subpoenas Exxon for details on role in plastic pollution
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters California’s attorney general on Thursday ...
Exxon Stock Sees Wild Pre-Earnings Put Trading
The shares of Exxon Mobil Corporation (NYSE:XOM) are trading well below breakeven today, last seen down 6.1% to trade at $79.96 as oil stocks take a hit by falling crude prices amid renewed Covid-rela...
Exxon Executive Is ‘Crushed’ at Hurt Caused by Pride Flag Decision
(Bloomberg) — One of Exxon Mobil Corp.’s top executives said she’s “crushed” that the company’s decision to no longer display the rainbow flag on its official flagpole has upset some employees. ...
Exxon Ban on LGBTQ Pride Flag Triggers Employee Backlash
(Bloomberg) — Exxon Mobil Corp. plans to prohibit the LGBTQ-rights flag from being flown on the corporate flagpole outside its offices during Pride month in June, prompting a furious backlash fr...
Exxon upgraded to outperform while Chevron downgraded at RBC
Exxon Mobil XOM, +0.23% was upgraded to outperform from sector perform and its target price raised to $100 from $90 by RBC Capital Markets, saying the company will be one of the key beneficiaries of a...
Exxon Bets Another $10 Billion On Guyana’s Oil Boom
The deeply impoverished South American microstate of Guyana, which was rocked by the COVID-19 pandemic, finds itself at the epicenter of the continent’s latest mega-oil boom. Since 2015, ExxonMo...
Exxon Flags Huge Profit Jump as Lawmakers Target Dividends
(Bloomberg) — Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets. Most Read from Bloomberg Exxon’s announcement that first-quart...
Exxon Mobil, Google Lead Five Stocks Near Buy Points For Resilient Portfolio
Investors have a wide variety of stocks to follow, as the market sprinkles pixie dust over some key industries. Oil stock Exxon Mobil (XOM), tech giant Alphabet-owned Google (GOOGL) and drugmaker Eli ...
Why Exxon Should Be A Strategic Part Of Any Portfolio
ExxonMobil is the world’s largest oil and gas company getty I don’t often write single stock tips because while they are popular it’s not a format I enjoy myself. Investing is a game best played...
Is Exxon Mobil stock a good buy in April 2022?
Exxon Mobil Corporation (NYSE: XOM) shares have advanced more than 30% since the beginning of January 2022, and the current share price stands at $85. Goldman Sachs increased its oil price forecast fo...
Exxon runs gas-to-Bitcoin mining pilot program
Bitcoin mining operations are facing hits across the world due to its energy consumption and environmental impacts. Reportedly, Exxon Mobil Corp. has recently announced that the firm is participating ...
Oil giant Exxon Mobil uses Bitcoin to reduce greenhouse gas emissions
Exxon Mobil uses excess natural gas to mine Bitcoin from oil wells in North Dakota. The waste gas would usually have to be burnt off in a process known as flaring. However, it is being repurposed to m...
Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota – Bitcoin News
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the ...
Exxon Mobil is using excess natural gas to power crypto mining: Report
United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may be expanding its operatio...
Bitcoin Shoots Past $44,000, Oil Giant Exxon Mobil Explores BTC Mining
The world’s largest cryptocurrency Bitcoin (BTC) continues to show strength moving past $44,000. With this, BTC has extended its weekly gains to more than 8%. The recent BTC price rally comes amid ren...
Exxon Is Using Excess Natural Gas to Mine Bitcoin
Key Takeaways Exxon is piloting a Bitcoin mining program that utilizes previously wasted resources. The program is apparently utilizing 18 million cubic feet of natural gas each month that would have ...
Exxon might launch its ‘gas-to-bitcoin’ pilot project in five new locations
Exxon Mobil Corporation (NYSE: XOM) plans on expanding its gas-to-bitcoin pilot programme, launched in North Dakota last year, to five new locations, anonymous sources told Bloomberg on Thursday. What...
Exxon pilot project uses wasted flare gas for crypo mining: report
advertisement Exxon is reportedly diverting some of the natural gas it has no use for to power crypto mining operations, with a pilot program in North Dakota. The oil and gas behemoth has partnered wi...