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Why the Market Dipped But Exxon Mobil (XOM) Gained Today
ZACKS· 2026-03-24 22:46
Exxon Mobil (XOM) closed the most recent trading day at $165.38, moving +2.64% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.37% for the day. Elsewhere, the Dow lost 0.18%, while the tech-heavy Nasdaq lost 0.84%. Coming into today, shares of the oil and natural gas company had gained 6.88% in the past month. In that same time, the Oils-Energy sector gained 8.79%, while the S&P 500 lost 3.7%. Market participants will be closely following the financial results ...
2 Oil Stocks That Can Weather the Current Volatility
Yahoo Finance· 2026-03-24 17:23
Oil prices have been excruciatingly volatile since the start of the year. They soared as tensions with Iran grew. Brent oil, the global benchmark, peaked near $120 a barrel after Iran struck energy infrastructure in the Persian Gulf. However, Brent has more recently fallen back toward the $100-a-barrel level on news of productive conversations between the U.S. and Iran. Crude could continue to fall if those talks lead to a ceasefire or soar if tensions reignite. All this volatility makes it challenging to ...
The Balloon Explosion Nobody Saw Coming
Investing· 2026-03-24 11:45
Market Analysis by covering: NVIDIA Corporation, Exxon Mobil Corp, Advanced Micro Devices Inc, Natural Gas Futures. Read 's Market Analysis on Investing.com ...
Exxon Mobil: Iran War Creates Earnings Upside
Seeking Alpha· 2026-03-24 11:12
Exxon Mobil Corporation ( XOM ) is a leading upstream-focused energy enterprise with a growing production base that is set to profit handsomely in the first quarter from surging price realizations for its petroleum products. TheAnalyst’s Disclosure: I/we have a beneficial long position in the shares of XOM, CVX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...
SBM Offshore awarded FEED contracts for the Longtail project in Guyana
Globenewswire· 2026-03-24 06:30
Amsterdam, March 24, 2026 SBM Offshore is pleased to announce it has been awarded contracts by ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, to perform Front End Engineering and Design (FEED) studies for a Floating Production, Storage and Offloading vessel (FPSO) for the Longtail development project in Guyana. The FEED contracts award triggers the initial release of funds by ExxonMobil Guyana Limited to begin FEED activities and allocate a Fast4Ward® hull for the Longtail development ...
3 Oil Stocks Set to Deliver 50%+ Returns in 2026
247Wallst· 2026-03-23 21:09
3 Oil Stocks Set to Deliver 50%+ Returns in 2026 - 24/7 Wall St. S&P 5006,591.80 +0.71% Dow Jones46,276.50 +0.94% Nasdaq 10024,225.40 +0.84% Russell 20002,495.08 +1.81% FTSE 1009,957.40 +1.14% Nikkei 22553,283.00 +3.79% Investing 3 Oil Stocks Set to Deliver 50%+ Returns in 2026 By Omor Ibne EhsanPublished Mar 23, 5:09PM EDT Quick Read These oil stocks are well-positioned to keep rallying as energy prices soar worldwide. Uncertainty over when the Strait of Hormuz will reopen is keeping oil prices elevated an ...
ExxonMobil Advances Guyana Growth With Continued FPSO Additions
ZACKS· 2026-03-23 20:36
Key Takeaways ExxonMobil ramps up Guyana growth with a fifth FPSO nearing completion for the Uaru project.XOM's Yellowtail project lifted output to about 875,000 barrels per day in Q4 2025.Low-cost Guyana assets and future projects like Whiptail support long-term growth and cash flow.Exxon Mobil Corporation (XOM) , a U.S.-based integrated energy giant, stands out among other industry majors for its strong upstream presence, underpinned by its advantaged assets in the Permian Basin and offshore Guyana. The m ...
Big Oil's Moment Is Here—And the Market Might Not Be Fully Pricing the Shift
247Wallst· 2026-03-23 20:04
Big Oil's Moment Is Here—And the Market Might Not Be Fully Pricing the Shift Big Oil's Moment Is Here—And the Market Might Not Be Fully Pricing the Shift - 24/7 Wall St. S&P 5006,596.90 +0.79% Dow Jones46,298.00 +0.99% Nasdaq 10024,236.30 +0.88% Russell 20002,495.38 +1.82% FTSE 1009,953.40 +1.09% Nikkei 22553,278.00 +3.78% This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. By Joey FrenettePublished Mar 23, 4:04PM EDT ...
French Energy Ministry considers increasing oil refining capacity
Reuters· 2026-03-23 17:25
French Energy Ministry considers increasing oil refining capacity | Reuters "There is no risk of supply disruption. However, there is market tension, particularly evident in the sharper rise in diesel prices compared to gasoline prices," the ministry told reporters. France imported about 50% of its diesel consumption before the start of the war, it said. Prices and supply of crude oil and refined products have become extremely volatile after Iran effectively closed the key Strait of Hormuz, through which ab ...
Archrock vs. Exxon Mobil: Which Energy Stock is the Stronger Bet?
ZACKS· 2026-03-23 15:11
Key Takeaways Archrock benefits from rising natural gas demand driven by the clean energy shift and LNG exports.Exxon Mobil gains from WTI nearing $100, with strong upstream output in Permian and Guyana.AROC trades at a premium valuation, reflecting investor bets on growing clean energy demand.In the energy sector, the fate of almost all the companies is mostly tied to the prices of crude oil and natural gas. Oil prices are now back to the peak levels, and natural gas prices are also expected to rise, backe ...