Exxon Mobil Corporation
Latest Exxon Mobil Corporation News and Updates
Company & Industry Overviews President Biden Threatens a Windfall Tax on Oil Companies — Here's How It Works
President Biden has urged Congress to approve a windfall profits tax on oil companies that reported record profits recently. Would a windfall tax help bring down gas prices?Net Worth Darren Woods: What's the ExxonMobil CEO's Current Net Worth?
Darren Woods has worked at ExxonMobil for decades and has been the CEO since 2017. He has a significant net worth after five years at the helm of the oil giant.Energy & Utilities How Do Oil Companies Become Carbon Neutral?
ExxonMobil says that it wants to reach net zero carbon emissions by 2050. How do oil companies become carbon neutral? Here's the complete process.Investments & Deals Certain Stocks Jumped Post-Katrina, Influenced by Economic Factors
Hurricane Katrina decimated New Orleans in 2005. What stocks soared following the natural disaster? How did certain economic factors impact the stocks?Energy & Utilities US oil rig counts continue to rally, reaching a year-to-date high
Last week, the Baker Hughes oil rig count increased from 1,423 to 1,425, reaching the highest level since 2014 began.Energy & Utilities Why improvement in Libya pushed down the crude price last week
For most of the last two years, WTI crude oil has been range-bound between ~$85 per barrel and ~$110 per barrel.Earnings Report Petrobras’s Upcoming 3Q16 Results: Where Are Earnings Headed?
Petrobras (PBR) is expected to post its 3Q16 results on November 10, 2016. In 2Q16, it had adjusted EPS of $0.03 compared to analysts’ estimates of $0.12.Energy & Utilities Suncor Energy: The Only Integrated Energy Loser This Week
Suncor Energy (SU) is the only losing stock in the current week from the integrated energy sector. It fell from last week’s close of $34.67 to $34.52 on October 11, 2017.Company & Industry Overviews US Stock Indices Plunge after Oil Prices Rebound
The three US equity indices that we review in this weekly series fell from December 8 to December 15, 2015, after a rebound in oil prices.Company & Industry Overviews Chevron’s 3.6% Dividend Yield Ranks Sixth with High Valuations
Chevron (CVX) is the sixth stock on our list of the top eight dividend-yielding stocks.Company & Industry Overviews How BP’s Debt Position Compares
In this part, we’ll review whether BP’s (BP) debt position has improved. Let’s begin by comparing BP’s debt position with peers’.Earnings Report Why Chevron is cutting spending on some projects
Chevron has cut spending on the Kitimat liquefied natural gas project (or LNG) in Canada due to falling crude prices.Company & Industry Overviews Shell’s Upstream Portfolio: Is it Poised to Grow?
Royal Dutch Shell (RDS.A) produced 3.8 MMboepd in 1Q17 from its worldwide operations, compared to 3.7 MMboepd in 1Q16.Company & Industry Overviews How Was ExxonMobil’s Upstream Performance in Q2 2018?
ExxonMobil (XOM) produced 3.7 MMboepd (million barrels of oil equivalent per day) from its worldwide operations in the second quarter.Company & Industry Overviews BP’s Upstream Segment: Large Upcoming Gas Projects
BP has a strong pipeline of projects in its upstream portfolio. These projects are expected to result in 800,000 barrels per day of new production by 2020.Company & Industry Overviews What’s the Forecast for Shell Stock for the Next 7 Days?
Implied volatility in Royal Dutch Shell (RDS.A) has fallen 4.9% since July 3, 2017, to the current level of 12.8%.Macroeconomic Analysis US Offshore Rig Count Was Steady in the September 18 Week
In the week ending September 18, 2015, the US offshore rig count didn’t change. The offshore rig counts have averaged 33 over the past eight weeks.Energy & Utilities What Put Pressure on the Energy Sector in February 2018?
The US energy sector was badly affected by the recent market sell-off in February 2018.Earnings Report ExxonMobil Stock Rose 4% after Its Q4 Earnings
ExxonMobil (XOM) announced its fourth-quarter earnings on February 1. ExxonMobil stock opened at $74.9 per share on February 1.Company & Industry Overviews Chevron Ranks Second-Last in Terms of Its Dividend Yield
In terms of its dividend yield, Chevron (CVX) is the fifth-best performer among the six stocks under review.Energy & Utilities Why oil prices spiked on tensions in Gaza and Ukraine
Early last week, WTI crude oil had eased to close to $99 following Libya’s restarting exports from major ports and abating fears over supply disruptions in Iraq.Company & Industry Overviews How Is ExxonMobil’s Upstream Portfolio Positioned?
Before we review ExxonMobil’s key growth assets, let’s briefly look at the company’s production expectations for the current year.Company & Industry Overviews Who’s the energy company achiever, and who are the laggards?
Let’s see which energy company stands out as the most efficient in reducing debt loads and improving leverage ratios and which ones are laggards.Energy & Utilities Why ExxonMobil and Chevron Should Merge
ExxonMobil and Chevron have both faced harsh business conditions in 2020. Should ExxonMobil and Chevron merge during the downturn?Energy & Utilities Is ExxonMobil Stock a Good Buy at These Prices?
So far this year, ExxonMobil stock has fallen over 41 percent. Is XOM stock a buy or sell at these prices?Energy & Utilities Must-Know: World’s Top Oil Companies by Production
The US, Saudi Arabia, and Russia are the world’s top three crude oil producers. Let’s take a look at the world’s top oil players by production volumes.Company & Industry Overviews XOM, CVX, RDS.A, BP: Are They Underperforming the S&P 500?
So far in 1Q18, Chevron (CVX) stock fell 13.9%, the highest among its peers ExxonMobil (XOM), BP (BP), and Royal Dutch Shell (RDS.A).Company & Industry Overviews An Overview of US LNG Production and Exports
Investors may be seeing a lot of reports about rising US LNG (liquefied natural gas) exports. Let’s review the basics of LNG.Macroeconomic Analysis Crude Oil Prices Rally Due to Short Covering
WTI (West Texas Intermediate) crude oil futures contracts for January delivery rose slightly by 0.4% and closed at $43.04 per barrel on Wednesday.Energy & Utilities Who will drive crude oil consumption?
Current lower oil prices and growth from China, India, the United States and Asia Pacific countries will drive crude oil consumption in the long term.Fund Managers Civeo impacted by customers’ plans to trim capital spending
Civeo said the demand for its services depends on its customers’ capital spending programs. As a result, it’s one of the first to suffer losses when oil drillers pare back exploration.Energy & Utilities An essential guide to Exxon Mobil: XOM’s major areas of operation
Exxon Mobil has three major business segments: Upstream, Downstream, and Chemical. Upstream contributes the most to XOM’s earnings.Energy & Utilities Exxon Mobil wins $1.6 billion in arbitration case against Venezuela
Exxon Mobil alleged that the Venezuelan government illegally expropriated its Venezuelan assets in 2007 and paid unfair compensation.Energy & Utilities China’s Economic Data Might Drag Oil Prices
On December 14, China reported the November industrial output growth at 5.4% on a year-over-year basis—the lowest growth since early 2016.Energy & Utilities TransCanada’s controversial Keystone XL Pipeline project
The Keystone XL Pipeline project is a proposed 1,179-mile pipeline. It begins in Alberta, Canada and extends south to join the existing Keystone Pipeline in Steele City, Nebraska.Macroeconomic Analysis Overall Snapshot of the Market on November 25
On November 25, the SPDR S&P 500 ETF closed on a flat note ahead of the holiday. It closed at $209.3. The Energy Select Sector SPDR ETF fell by 0.81% on the day.Macroeconomic Analysis Crude Oil Prices Rally despite the Iran Nuclear Accord
NYMEX-traded WTI (West Texas Intermediate) crude oil futures contracts for August delivery rose by 1.10% and settled at $53.04 per barrel on July 14, 2015.Energy & Utilities Goldman Sachs Favors Chevron Compared to ExxonMobil
Chevron and ExxonMobil stocks have provided almost flat returns in the current quarter. As a result, Goldman Sachs favors Chevron over ExxonMobil.Personal Finance Stocks versus ETFs: Which Should Investors Choose?
Every investor faces some tough choices. Should you turn to stocks, exchange-traded funds (ETFs), index funds, mutual funds, or bonds?Energy & Utilities Natural Gas Prices: What Could Happen on January 24?
On January 24, at 5:39 AM EST, natural gas prices have risen 1.7% from the last closing level.Energy & Utilities Dimensional Fund Advisors’ Major Holdings in Q3
Dimensional Fund Advisors’ top buys are Apple (AAPL), AT&T (T), Microsoft (MSFT), L3Harris Technologies (LHX), and Verizon Communications (VZ).Macroeconomic Analysis What Do the PCE Price Index and Break-Even Inflation Indicate?
The PCE price index is the Federal Reserve’s preferred measure of inflation because it covers the broadest set of goods and services.Company & Industry Overviews Is BP’s Cash Flow Slated for Growth?
Rising oil prices have given BP some hope that its cash flows could improve. The robust upstream project pipeline is also likely to result in higher production.Company & Industry Overviews More about KBR’s Major Clients
Clients and their sectors KBR (KBR) has a diverse customer base. According to KBR, its customers are “domestic and foreign governments, international and national oil and gas companies, independent refiners, petrochemical producers, fertilizer producers and manufacturers.” Revenue from overseas operations represented 63%, 57%, and 51% of KBR’s total revenue in 2014, 2015, and 2016, respectively. In this part, we’ll look at […]Company & Industry Overviews Graphical Representation of General Electric’s Business Model
General Electric’s industrials and finance services are its two broader divisions, contributing 91% and 9%, respectively, to its consolidated 2015 earnings.Fund Managers Credit Default Swaps as Insurance against Junk Bond Market Crash
Carl Icahn mentions the use of credit default swaps as a form of protection against credit events. He implies that investors should possess sophisticated knowledge of the fixed income markets to enter that playing field.Earnings Report Positive and negative effects on ExxonMobil’s returns
Currently, the biggest concern affecting Exxon Mobil (XOM) and other energy companies is the falling crude price and falling oil and gas production.Energy & Utilities Libya’s Crude Oil Production Nears 4-Year High: What’s Next?
Libya is an OPEC member but was exempt from the production cut deal due to political and economic instability.Energy & Utilities Chevron: Analysts’ Recommendations
In January, 23 analysts rated Chevron (CVX). Among the analysts, 17 (or 74%) recommended a “buy” or “strong buy.”Fund Managers GATEX: A Sectorial Portfolio Breakdown
The Gateway Fund – Class A (GATEX) seeks to attain capital appreciation through its equity market investments. It has less risk compared to equity markets.