(Bloomberg) — President Joe Biden’s administration will brief banks, energy companies and other firms Monday on the impact of Russia’s invasion of Ukraine and ensuing sanctions. Most Read from B...
Tag: Exxon
Exxon Mobil is rising. At what price should you buy?
Exxon Mobil Corporation (NYSE:XOM) is bullish. Exxon is a beneficiary of the war crisis in Ukraine as a result of which prices of oil and gas have risen. Oil prices are back to levels recorded more th...
Will Attempts To ‘Self-Sanction’ Russia Be Enough To Tame Putin Without Oil-Mageddon?
Kremlin handout photo of Putin, March 3, 2022. Anadolu Agency via Getty Images It’s shocking to see western oil giants abandon tens of billions of dollars of investment in Russia — stakes in projects ...
Exxon To Mount A Major Hydrogen, CCS Project At Its Baytown Complex
BAYTOWN, TX – The ExxonMobil Baytown Refinery Complex. (Photo by Scott Olson/Getty Images) Getty Images As part of its expanding Low Carbon Solutions business unit, ExxonMobil announced plans on...
Ex-Div Reminder For Exxon Mobil
On 2/9/22, Exxon Mobil will trade ex-dividend, for its quarterly dividend of $0.88, payable on 3/10/22. As a percentage of XOM’s recent stock price of $80.95, this dividend works out to approxim...
Exxon Joins Chevron in Permian Oil Surge as Peers Preach Caution
(Bloomberg) — President Joe Biden, who has asked OPEC+ to raise oil production faster to tame runaway energy prices, just got a gift on his home turf instead: a blockbuster growth forecast for U...
Exxon Mobil, AMC Entertainment, UPS and more
A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies m...
Exxon (XOM) earnings Q4 2021
Exxon Mobil’s revenue jumped more than 80% year over year during the fourth quarter amid a rebound in oil and gas prices, the company said Tuesday. With Exxon now in a stronger financial positio...
Exxon Remakes Corporate Structure Ahead of Tuesday Earnings
Text size Exxon Mobil is moving its headquarters. Spencer Platt/Getty Images Exxon Mobil is remaking its corporate structure, elevating its low-carbon operations to its own division, and even moving i...
Exxon Stock Rises, Company To Shake Up Reporting Structure; Q4 Results Due| Investor’s Business Daily
Exxon Mobil (XOM) reports fourth-quarter earnings before the market opens Tuesday. So far oil producers and services firms have delivered mixed results for the December quarter, despite rising oil pri...
Exxon to Move ‘God Pod’ to Houston, Merge Refining and Chemicals
(Bloomberg) — Exxon Mobil Corp. will relocate its corporate headquarters to the Houston area from near Dallas and combine its chemical and refining divisions in a major shake-up aimed at reducin...
Exxon Mobil Stock Is Well Worth Watching Ahead of Q4 Earnings
Exxon Mobil will see its earnings rise by multi-fold in the fourth quarter thanks to higher energy prices and a waning pandemic that helped it bounce back after a tough period in 2020. The Irving Texa...
Oil is at a 7-year high, but Exxon CEO Darren Woods sees lower trend
Darren Woods, CEO, ExxonMobil Michael Newberg | CNBC Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Wo...
Exxon Mobil share price forecast ahead Q4 results
Exxon Mobil Corporation (NYSE: XOM) shares have advanced more than 10% since the beginning of 2022 year, and the current share price stands at $68. Exxon Mobil will report fourth-quarter earnings resu...
Tesla, Novavax, Exxon Mobil: What to Watch When the Stock Market Opens Today
Updated Jan. 3, 2022 7:22 am ET Stock futures are rising ahead of the first trading session of the new year. Here’s what we’re watching in Monday’s action: Tesla TSLA -1.27% shares jumped 7.6% ahead o...
Exxon Signals Quarterly Profit for the Fourth Time in a Row
Exxon Mobil, an American multinational oil and gas entity, in its regulatory filing said that higher oil and gas prices would enable it to achieve annual profitability starting in 2021 with an operati...
Exxon Could Go Even Bigger on Its Dividend
Text size David Paul Morris/Bloomberg Oil companies used to compete on how much crude they could produce. Now they’re competing on how much cash they can send back to investors. That dynamic could pay...