XOM - Exxon Mobil Corporation
After hours:
| Previous close | 103.36 |
| Open | 105.16 |
| Bid | 105.77 x 800 |
| Ask | 105.74 x 1000 |
| Day's range | 104.53 - 106.13 |
| 52-week range | 80.69 - 119.92 |
| Volume | |
| Avg. volume | 16,320,506 |
| Market cap | 427.586B |
| Beta (5Y monthly) | 1.08 |
| PE ratio (TTM) | 7.16 |
| EPS (TTM) | 14.77 |
| 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 |
Motley FoolWhy Chevron and ExxonMobil Stocks Bounced Higher Today
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.
ZacksTop Research Reports for Exxon Mobil, AstraZeneca & Netflix
Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), AstraZeneca PLC (AZN) and Netflix, Inc. (NFLX).
ZacksExxonMobil Signs Deal to Capture Carbon From Nucor's Plant
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.
ZacksChevron (CVX) & Exxon's Shareholders Reject Climate Proposals
Chevron (CVX) and Exxon face contrasting shareholder perspectives as climate change proposals get rejected in annual meetings.
- Financial Times
Exxon and Chevron shareholders cut support for climate resolutions
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.
- Zacks
ExxonMobil (XOM) Selects Four Firms to Divest Adriatic Assets
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.
ZacksInvestors Heavily Search Exxon Mobil Corporation (XOM): Here is What You Need to Know
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.
Motley FoolDid Chevron Just Force ExxonMobil's Hand?
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.
- Financial Times
Norway’s oil fund sides with climate activists against ExxonMobil and Chevron
World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors
Motley FoolIs ExxonMobil on the Road to Becoming an EV Stock?
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.
ZacksOil & Gas Stock Roundup: Acquisition News From ONEOK and Chevron Take Center Stage
Apart from ONEOK Inc. (OKE) and Chevron (CVX), ExxonMobil (XOM), Cheniere Energy (LNG) and TechnipFMC (FTI) hogged attention during the week.
Motley FoolThis Ultra-High-Yield Stock's Deal With ExxonMobil Could Drive Its Dividend Higher
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.
Yahoo Finance VideoEngine No. 1 CEO on Exxon's lithium investments, EV play
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.
ZacksEquinor (EQNR), Exxon and Shell Agree to Tanzania LNG Project
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.
ZacksExxonMobil (XOM) Signs Deal to Divest Williston Basin Assets
ExxonMobil's (XOM) divested assets involve about 62,000 net acres in Williston Basin within and adjacent to near-term development program.
- Zacks
ExxonMobil (XOM) Acquires Drilling Rights in Arkansas Land
ExxonMobil (XOM) acquires 120,000 gross acres in the Smackover formation of southern Arkansas for more than $100 million from Galvanic Energy.
Motley FoolExxonMobil Doesn't Believe the World's Quest for Net Zero Emissions by 2050 Is Achievable
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.
ZacksExxonMobil (XOM) Invests More Than $900M in Guyana Since 2015
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.
- Reuters SG
UPDATE 2-Equinor, Shell and Exxon agree LNG project with Tanzania
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.
Business WireMobil 1 Documentary Celebrates the 100th Anniversary of the Iconic 24 Hours of Le Mans Endurance Race
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
ZacksEquinor (EQNR) Shares Rise 5.3% Since Q1 Earnings Top Estimates
Higher daily production of liquids and gas aids Equinor's (EQNR) Q1 results.
Motley FoolUp 20% in 12 Months, Is ExxonMobil Really a Buy?
This energy giant has performed well on an absolute and relative basis. Is it worth buying at current prices?
AFP NewsExxonMobil settles long-running Indonesia torture lawsuit
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.
ReutersExxon settles Indonesia torture case that led to SEC official's ouster
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.”
