|Bid||105.77 x 800|
|Ask||105.74 x 1000|
|Day's range||104.53 - 106.13|
|52-week range||80.69 - 119.92|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||7.16|
|Earnings date||27 Jul 2023 - 31 Jul 2023|
|Forward dividend & yield||3.64 (3.52%)|
|Ex-dividend date||15 May 2023|
|1y target est||127.79|
Investors in both Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) had a good Friday, at least as far as their stocks' performance was concerned. Chevron closed the day 2.7% higher and ExxonMobil increased 2.3%; by contrast, the S&P 500 index crept up by 1.5%. In an exclusive article published well before market hours on Friday, The Wall Street Journal reported that Chevron and ExxonMobil are currently in "advanced" talks with Algeria's state-run energy company Sonatrach on a drilling agreement.
Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), AstraZeneca PLC (AZN) and Netflix, Inc. (NFLX).
ExxonMobil (XOM) will capture up to 800,000 metric tons of CO2 per annum from Nucor's (NUE) facility and store the same at its Louisiana facility.
Chevron (CVX) and Exxon face contrasting shareholder perspectives as climate change proposals get rejected in annual meetings.
ExxonMobil and Chevron shareholders solidly rejected climate change proposals at the US oil majors’ annual meetings on Wednesday, scaling back support from last year and splitting with results at peers in Europe where resolutions related to global warming have won stronger support. Only 11 per cent of Exxon shareholders supported a petition calling for the company to set emissions reduction targets that would be consistent with the goals of the 2015 Paris climate agreement. A similar proposal at Chevron received less than 10 per cent support.
ExxonMobil (XOM) is considering divesting its majority stake in Adriatic LNG as part of plans to offload non-core assets to focus on more lucrative prospects.
Exxon (XOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Chevron (NYSE: CVX) recently made a big splash. It agreed to acquire PDC Energy (NASDAQ: PDCE) in a $7.6 billion deal. The highly strategic and accretive acquisition will provide Chevron with a meaningful boost.
World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors
ExxonMobil (NYSE: XOM) has a long history of scavenging the earth in search of new energy sources. Its primary focus is on finding new oil and gas deposits to sustain and grow its fossil-fuel output. According to a report by the Wall Street Journal, Exxon bought 120,000 gross acres in southern Arkansas for more than $100 million from exploration company Galvanic Energy.
Apart from ONEOK Inc. (OKE) and Chevron (CVX), ExxonMobil (XOM), Cheniere Energy (LNG) and TechnipFMC (FTI) hogged attention during the week.
Given ExxonMobil's (NYSE: XOM) enormous cash war chest, there has been a lot of focus recently on its next acquisition. Chord Energy has agreed to acquire 62,000 acres in the Williston Basin of North Dakota from Exxon.
Engine No. 1 CEO Jennifer Grancio examines Exxon's most recent investment in lithium production, conscious investing amid reshoring trends, and highlights several of Engine No. 1's own supply chain ETFs.
Equinor (EQNR), ExxonMobil and Shell enter into an agreement with the government of Tanzania to build a multi-billion dollar LNG export facility. The final investment decision for the same is yet to be taken.
ExxonMobil's (XOM) divested assets involve about 62,000 net acres in Williston Basin within and adjacent to near-term development program.
ExxonMobil (XOM) acquires 120,000 gross acres in the Smackover formation of southern Arkansas for more than $100 million from Galvanic Energy.
ExxonMobil (NYSE: XOM) firmly believes the world will need its oil for a long time. The company doesn't think the global economy will reach its target of achieving net-zero emissions by 2050 by pivoting to lower-carbon sources like renewable energy. It's taking a balanced approach to continue supplying the world with low-cost fossil fuels while investing in producing the lower-carbon fuels of the future.
ExxonMobil (XOM) and partners approve investments worth more than $42 billion in Guyana, with a significant portion of the budget so far allocated to shipyards in Asia.
Equinor, Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal, Equinor's manager in the East African country said on Friday. The agreement is a milestone for the long-delayed project to unlock Tanzania's vast but remote offshore gas resources, which the companies involved have said is expected to cost tens of billions of dollars. A final investment decision for the Tanzania LNG project is still believed to be some years away.
SPRING, Texas, May 18, 2023--Ahead of the 100th running of the 24 Hours of Le Mans, Mobil 1 joined together with Hagerty Media to celebrate this iconic milestone in racing with a first of its kind documentary: Racing with Giants: Porsche at Le Mans. The legendary motorsport and automotive brands collaborated with two-time Primetime Emmy Award and Peabody Award winner Robert Dalrymple and his production company to produce a film that will connect the race cars to the road cars they inspired, show
Higher daily production of liquids and gas aids Equinor's (EQNR) Q1 results.
This energy giant has performed well on an absolute and relative basis. Is it worth buying at current prices?
ExxonMobil settled Monday a long-running lawsuit brought by Indonesian villagers who alleged human rights violations by Indonesian military officials providing security to the oil giant.Filed in 2001, the case was brought by 11 villagers in Indonesia's Aceh province who allege they were victims of human rights violations committed by the Indonesian military between 1999 and 2003, including sexual assault, battery and unlawful detention.
Exxon Mobil Corp on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture. Agnieszka Fryszman, a lawyer for the Indonesian villagers at law firm Cohen Milstein Sellers & Toll, said the terms are confidential. A spokesperson for Exxon Mobil said the settlement “brings closure for all parties.”