Straits Times Index
3,336.59 +13.21 (+0.40%) Nikkei
38,487.90 +433.80 (+1.14%) Hang Seng
18,079.61 -150.59 (-0.83%) FTSE 100
8,271.49 +40.44 (+0.49%) Bitcoin USD
67,247.02 -1,091.25 (-1.60%) CMC Crypto 200
1,418.55 -10.02 (-0.70%)
XOM Dec 2025 50.000 call
| Previous close | 70.23 |
| Open | 70.23 |
| Bid | 68.15 |
| Ask | 72.85 |
| Strike | 50.00 |
| Expiry date | 2025-12-19 |
| Day's range | 70.23 - 70.23 |
| Contract range | N/A |
| Volume | |
| Open interest | 5 |
ReutersOil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves
Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come. The consolidation wave sweeping through the U.S. energy sector that spurred deals worth $250 billion in 2023 shows no signs of slowing as companies rush to deploy their cash hoard from higher oil prices into building even bigger reserves through acquisitions. Earlier this month, Exxon closed its $60 billion purchase of Pioneer Natural after receiving a go-ahead from U.S. regulators.
ZacksReasons to Retain ExxonMobil (XOM) in Your Portfolio Now
Favorable oil price is a boon for ExxonMobil's (XOM) upstream operations.
Zacks4 Integrated Energy Stocks to Gain From Solid Industry Trends
From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP & VIST will make the most of the favorable business scenario.
