ExxonMobil(XOM)
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What Primarily Makes ExxonMobil Resilient in Uncertain Times
ZACKS· 2026-03-19 16:26
Key Takeaways ExxonMobil relies on a strong balance sheet to navigate oil and gas price volatility.XOM's 14.04% debt-to-capitalization is far below the industry average of 29.2%.Financial strength enables ExxonMobil to fund projects, pay out dividends and pursue acquisitions.Exxon Mobil Corporation (XOM) generates the majority of its earnings from upstream operations, and, therefore, is highly vulnerable to volatility in oil and natural gas prices. However, unlike many energy companies, XOM can rely on its ...
Exxon accelerates oil, gas projects in Guyana amid high prices
Reuters· 2026-03-19 15:10
Follow Modec Inc Exxon accelerates oil, gas projects in Guyana amid high prices | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab Companies Exxon Mobil Corp Our Standards: The Thomson Reuters Trust Principles., opens new tab Purchase Licensing Rights Business Follow GEORGETOWN, Marc ...
Energean, ExxonMobil move to the next exploration phase in Greek offshore block
Reuters· 2026-03-19 14:56
A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation's hydrocarbons management agency said on Thursday, a move... ...
Oil prices hold above $110 as Israel, Iran target major energy infrastructure throughout Gulf
Yahoo Finance· 2026-03-19 14:09
Oil prices held above $110 per barrel on Thursday after a wave of new escalatory attacks by Iran and Israel targeted key energy infrastructure throughout the Gulf, with price action only slightly slowed by comments from US Treasury Secretary Scott Bessent suggesting the US may remove sanctions on Iranian crude. Futures on Brent crude (BZ=F), the international benchmark, soared through Wednesday night and Thursday morning to briefly cross $119 per barrel for the second time since the war began before set ...
Saudi Aramco-Exxon refinery SAMREF in Saudi Arabia's Yanbu targeted, source says
Reuters· 2026-03-19 05:57
Saudi Aramco-Exxon refinery SAMREF in Saudi Arabia's Yanbu targeted, source says | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv The warning followed a strike on Iran's South Pars gas field, a major escalation in the warwith the United States and Israel. Yanbu has been one of two major export outlets for any crude oil out of Gulf Arab countries since Iran effectively shut the Strait of Hormuz after the war erupted late last month. ...
3 of the Best Energy Stocks to Buy Right Now
The Motley Fool· 2026-03-19 04:30
Core Viewpoint - With crude oil prices exceeding $100 per barrel, energy stocks are becoming increasingly attractive to investors, particularly those focusing on stability and dividends to mitigate risks while capitalizing on the oil and gas boom [1]. Group 1: Chevron - Chevron has adopted a shareholder-friendly strategy, expecting to increase total production by 7% to 10% by 2026 while reducing operating expenses through layoffs and cost-cutting measures [4]. - The current market capitalization of Chevron is $395 billion, with a current price of $198.61 and a year-to-date rally of nearly 30% [5][6]. - Chevron offers a forward dividend yield of 3.6% and has a nearly 40-year track record of dividend growth, with potential earnings growth exceeding 80% from 2025 levels [7]. Group 2: Energy Transfer - Energy Transfer operates midstream oil and gas assets across North America, generating substantial earnings and distributing most of its earnings to shareholders as a master limited partnership (MLP) [8]. - The current market capitalization of Energy Transfer is $65 billion, with a current price of $18.66 and a forward yield of 7.1% [9][10]. - Energy Transfer anticipates annual distribution growth of 3% to 5% driven by ongoing projects, which could lead to capital appreciation [11]. Group 3: ExxonMobil - ExxonMobil has increased its estimated cost savings from the acquisition of Pioneer Natural Resources from $2 billion to $3 billion and is also focusing on production increases and cost-saving opportunities [12]. - The current market capitalization of ExxonMobil is $662 billion, with a current price of $157.58 and a 43-year track record of dividend growth [13][14]. - ExxonMobil has a forward dividend yield of 2.6% and repurchased $20 billion worth of shares last year while growing its quarterly dividend, indicating strong return-of-capital efforts [14].
FDL: Basics Of The First Trust Morningstar Dividend Leaders Index Fund (NYSEARCA:FDL)
Seeking Alpha· 2026-03-18 20:21
Saranya Yuenyong/iStock via Getty ImagesThe First Trust Morningstar Dividend Leaders Index Fund (FDL) is a passively managed ETF focusing on high-yielding U.S. stocks that have stable and sustainable dividends. It tracks an index that screens for dividend consistency and earnings coverage. The FDL portfolio holds up to 100 companies, which are weighted by their annual payout. This educational article explains FDL’s strategy, what’s currently in the portfolio, performance over its two-decade history, how ...
Exxon Mobil (XOM) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2026-03-17 22:45
Company Performance - Exxon Mobil (XOM) closed at $158.81, reflecting a +1% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.25% [1] - Over the last month, Exxon Mobil's shares increased by 5.91%, which is below the Oils-Energy sector's gain of 7.67% but better than the S&P 500's loss of 1.88% [1] Earnings Estimates - The upcoming earnings release for Exxon Mobil is anticipated to show an EPS of $1.66, representing a 5.68% decline compared to the same quarter last year [2] - Revenue is expected to be $82.47 billion, indicating a 0.8% drop from the year-ago quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $7.04 per share and revenue at $331.8 billion, reflecting changes of +0.72% and -0.13% respectively from the previous year [3] - Recent analyst estimate revisions indicate a positive outlook for Exxon Mobil, suggesting optimism about the company's business and profitability [3] Valuation Metrics - Exxon Mobil has a Forward P/E ratio of 22.32, which is a premium compared to its industry's Forward P/E of 11.87 [5] - The company also has a PEG ratio of 1.23, compared to the average PEG ratio of 1.13 for Oil and Gas - Integrated - International stocks [6] Industry Context - The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector and holds a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade) (NYSE:XOM)
Seeking Alpha· 2026-03-17 20:45
Energy sector investors ( XLE ) are clearly on a roll right now. With XLE up 30% year-to-date, the bearish prognosticators appear to have their thesis snuffed out, asJR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and also by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. I identify attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P ...
The Biggest Things Driving the S&P 500 Higher Despite $103 Oil Today
247Wallst· 2026-03-17 13:56
Market Overview - The S&P 500 is up nearly 1% in early trading, driven by strong performances from energy stocks like Exxon Mobil and Occidental Petroleum, which saw price target increases from analysts [1][8] - Brent crude oil prices have climbed above $103, influenced by geopolitical tensions and supply disruptions in the Middle East, particularly affecting the Strait of Hormuz [2][7] Energy Sector - Exxon Mobil's stock surged past $157 following price target increases from Barclays and Piper Sandler, reflecting expectations of higher earnings due to sustained oil prices [1][8] - Occidental Petroleum reached a one-year high of $59.15, also benefiting from analyst upgrades [1][8] - The energy sector is experiencing significant gains due to the supply shock, while airlines like Delta Air Lines are facing margin pressures from rising jet fuel costs, despite raising their first-quarter revenue outlook [1][8] Earnings Expectations - Wall Street analysts have raised earnings forecasts for 2026 and 2027, with S&P 500 aggregate forward earnings reaching a record $328.80 per share, compressing the forward price-to-earnings ratio to around 20, down from 22 in late January [9] - This positive earnings outlook is contributing to the resilience of the broader market, even amidst rising macroeconomic risks [2][9] Market Sentiment - The VIX, a measure of market volatility, is currently at 27.19, indicating elevated uncertainty, although it remains below the panic levels seen in April 2025 [10] - Small-cap stocks, represented by the Russell 2000, are lagging behind larger companies, reflecting the impact of higher energy costs and borrowing rates on domestically focused firms [11]