Greetings. I'm Sean Puit, Zach's equity strategist, and today I'm going to be discussing why holding Chevron and Exxon Mobile stock in the portfolio is still worthwhile. So, while oil prices are likely to remain elevated, investors may be contemplating if it's time to take profits in Chevron, ticker symbol CVX, or Exxon Mobile stock, ticker symbol XOM, uh, amid reports that Iran is open to ending the war with the US.So crude oil prices retreated another 1% on Wednesday uh but remain close to $100 a barrel, ...

Core Viewpoint - Energy stocks are currently the biggest winners in the market, driven by geopolitical tensions, particularly the disruption of traffic through the Strait of Hormuz by Iran [1][2]. Group 1: Energy Stocks Performance - ExxonMobil and Chevron have seen significant stock price increases year-to-date, with ExxonMobil's shares currently priced at $169.66 and Chevron's at $206.78 [5][8]. - Both companies are generating strong free cash flow, repurchasing shares, and maintaining attractive dividends, with ExxonMobil having a dividend increase record of 43 consecutive years and Chevron 39 years [6][7]. Group 2: Market Dynamics - The ongoing military conflict with Iran could lead to a surge in demand for oil, gas, and petrochemicals, positioning ExxonMobil and Chevron for success regardless of the crisis's outcome [7]. - The energy sector is experiencing a shift back towards energy security after years of focusing on renewable energy, benefiting traditional energy leaders [4]. Group 3: Enterprise Products Partners - Enterprise Products Partners operates over 50,000 miles of pipeline in the U.S. and has seen its stock rise significantly in 2026 due to the conflict with Iran [9]. - The company offers a high distribution yield of 5.8% and has increased its distribution for 27 consecutive years, demonstrating resilience in cash flow generation [10]. Group 4: Investment Timing - There is a significant rotation from growth stocks to energy stocks, indicating that institutional money is moving into energy to hedge against high commodity prices, which may close the window for attractive valuations soon [12].

Core Insights - Oil prices are expected to remain high, prompting investors to consider profit-taking in Chevron and Exxon Mobil stocks amid potential geopolitical changes [1] - Both companies have seen stock prices increase over 30% year-to-date, reaching all-time highs of $214 for Chevron and $176 for Exxon [2] Company Strategies - Chevron and Exxon are strategically positioned across the entire energy chain, benefiting from diversification in exploration, production, transportation, storage, refining, and distribution [2] - Chevron's acquisition of Hess Corporation has provided access to significant oil reserves in the Stabroek Block offshore Guyana and high-quality assets in the Bakken Shale [4] - Chevron has also expanded its operations in the Leviathan gas field, diversifying revenue sources beyond oil [5] - Exxon has enhanced its production capabilities in Guyana and integrated Pioneer Natural Resources, becoming the largest producer in the Permian Basin [6] Financial Strength - Exxon holds over $10 billion in cash with total assets of $448.98 billion against total liabilities of $182.35 billion, indicating strong financial health [8] - Chevron has a cash reserve of over $6 billion and total assets of $324 billion, significantly exceeding its total liabilities of $131.83 billion [9] Cash Flow and Shareholder Returns - Both companies generate substantial free cash flow due to their low-cost, high-margin assets, allowing for significant capital returns to shareholders [10] - Exxon returned over $37.2 billion to shareholders last year, including $17.2 billion in dividends and $20 billion in share repurchases, while Chevron returned $27.1 billion, with $12.8 billion in dividends and $14.3 billion in buybacks [11] Market Position and Future Outlook - Chevron and Exxon are well-positioned to capitalize on elevated oil prices through increased production and strategic asset management [15] - The potential for a U.S.-Iran deal may impact oil supply dynamics, but the companies' strong cash flow generation at lower oil prices suggests continued profitability [15][16]

Key Takeaways ExxonMobil and QatarEnergy begin LNG production at Golden Pass, adding 6 MTPA capacity with Train 1.The Texas facility is set to export its first LNG cargo in Q2 2026 after construction and delays.Global supply strains from the Middle East conflict boost Golden Pass LNG's strategic importance.Exxon Mobil Corporation (XOM) and QatarEnergy’s joint venture, Golden Pass LNG, have begun production of liquefied natural gas at the new Sabine Pass facility in Texas. Golden Pass LNG’s CEO highlighted t ...

The company's scientists didn't agree with the way the project was presented to investors. ...

Group 1 - Union workers at Exxon Mobil's refining and chemical plant complex in Baton Rouge, Louisiana, ratified a new four-year contract with a 91% approval from nearly 1,000 workers [1][2] - The contract includes a 4% pay increase in the first and fourth years, and a 3.5% increase in the second and third years, negotiated between Marathon Petroleum and the United Steelworkers union [2]

Core Insights - The focus is on generating alpha through independent investment strategies, primarily managed via a Self Managed Super Fund [1] - The investment approach is generalist, analyzing various sectors with perceived alpha potential compared to the S&P 500 [1] - Performance assessments and detailed analytics on portfolio performance are published monthly on the Hunting Alphas website [1] Research Methodology - The company maintains spreadsheets with historical financial data, key metrics, guidance trends, and valuation comparisons against peers [1] - Industry news, reports, and other analysts' coverage are monitored to provide comprehensive insights [1] - A deep dive into leadership backgrounds is conducted during significant changes, such as CEO transitions [1] Valuation Approach - The company prefers assessing historical performance and outlook on key DCF valuation drivers rather than projecting long-term financials [1] - Reverse DCF analysis is utilized for companies with high trading multiples to understand implied growth rates [1]

Core Insights - Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil, has commenced its first liquefied natural gas production at its Texas facility, marking a significant milestone for one of the largest U.S. export projects [1][2] Group 1: Project Overview - The Golden Pass facility will have a total production capacity of 18 million metric tons per annum (mtpa) once fully operational [3] - QatarEnergy holds a 70% stake in the project, while Exxon owns 30% [3] - The initial production unit, Train 1, will contribute 6 mtpa of new LNG capacity, with QatarEnergy expected to receive just over 4 mtpa and Exxon just under 2 mtpa based on their equity ownership [3] Group 2: Market Context - The startup of Golden Pass occurs amid tight global gas supply, exacerbated by geopolitical tensions in the Middle East, which have led to increased energy prices and disrupted output in Qatar, a major LNG supplier [2][4] - QatarEnergy has declared force majeure on its production due to the conflict, affecting facilities that account for approximately 20% of global LNG supply, potentially impacting 17% of its current output for up to five years [4] Group 3: Project Challenges - The $10 billion Golden Pass project has experienced delays and cost overruns since construction began in 2019, including the bankruptcy of its original lead contractor [5] - The commencement of LNG production is seen as a critical step towards delivering the first cargo from Sabine Pass, Texas [5] Group 4: Market Impact - Supply disruptions from Qatar have led to a significant increase in Asian LNG prices, prompting some countries to resort to coal or impose energy export restrictions in response to shortages [6]

Helium "Tsunami" to Hit Chipmakers - The Surprising Winner to Profit From the Coming Shortage - 24/7 Wall St. S&P 5006,392.70 +0.48% Dow Jones45,551.20 +0.98% Nasdaq 10023,196.00 +0.40% Russell 20002,442.01 -0.06% FTSE 10010,131.00 +2.20% Nikkei 22551,584.80 +0.15% Stock Market Live March 30, 2026: S&P 500 (SPY) Up on President Trump Optimism Investing Helium "Tsunami†to Hit Chipmakers — The Surprising Winner to Profit From the Coming Shortage By Rich DupreyPublished Mar 30, 11:11AM EDT Quick Read Exxon ...

Company Overview - ExxonMobil has undergone a significant transformation over the past decade, adapting its business to meet evolving energy demands, financial discipline, and environmental considerations [12] - The company has streamlined operations and focused capital on high-return, low-cost projects, achieving nearly $13 billion in structural cost savings since 2019 and divesting $24 billion in non-core assets [12] Investment Ratings - ExxonMobil is currently rated as a 3 (Hold) on the Zacks Rank, with a VGM Score of B [13] - The stock has a Momentum Style Score of A, with shares increasing by 12.1% over the past four weeks [13] Earnings Estimates - For fiscal 2026, six analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.82 to $7.44 per share [13] - ExxonMobil boasts an average earnings surprise of +4.2% [13] Investment Recommendation - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ExxonMobil should be considered for investors' short lists [14]