Exxon Mobil (XOM) closed the most recent trading day at $116.10, moving -1.05% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq added 0.07%.The oil and natural gas company's stock has climbed by 1.92% in the past month, exceeding the Oils-Energy sector's loss of 9.38% and the S&P 500's loss of 0.21%.Analysts and investors alike will be keeping a close eye on the performance of Exxon Mobil in its ...

A bankruptcy judge has approved a crucial settlement between the joint venture behind Exxon Mobil Corporation’s (XOM) $10-billion Golden Pass liquefied natural gas (LNG) project in Texas and the lead contractor, Zachry Holdings Inc. The decision allows other companies to take over and complete the project, which had faced significant delays.Located near the Louisiana border, the Golden Pass LNG facility's construction had been nearly halted after Zachry Holdings filed for Chapter 11 bankruptcy in March. The ...

Exxon Mobil (XOM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2. On ...

Exxon Mobil Corporation (XOM) announced plans to transfer operations of all assets under two production-sharing contracts (PSCs) in Malaysia to the national energy company Petronas, per a Reuters report.The move comes after ExxonMobil agreed to divest its oil and gas assets in Malaysia in 2020. The company has since clarified that the move is a transfer of operations, not a sale, and there will be no change to its working interest in the PSCs.ExxonMobil stated that the operational transfer would not affect ...

Exxon Mobil (XOM) ended the recent trading session at $113.41, demonstrating a -1.61% swing from the preceding day's closing price. This change lagged the S&P 500's 0.16% loss on the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.06%.The the stock of oil and natural gas company has risen by 1.07% in the past month, leading the Oils-Energy sector's loss of 7.84% and undershooting the S&P 500's gain of 1.96%.Investors will be eagerly watching for the performance of Exxon Mobil in its u ...

ExxonMobil has a rock-solid dividend track record, and its latest growth move could mean bigger dividends ahead.With a market capitalization of over $500 billion, ExxonMobil (XOM -0.69%) is one of the world's largest oil and gas companies and the largest publicly traded energy stock in the U.S. ExxonMobil has grown leaps and bounds in the 140 years or so of its existence, and the stock has been a favorite among energy investors for its dividend stability and growth -- the integrated oil supermajor increased ...

ExxonMobil Corporation (XOM) , a U.S. energy major, has shut down its 251,800-barrel-per-day refinery in Joliet, IL, following a power outage caused by a severe storm, per a Reuters report. The outage led to a flaring incident on Monday night, adding to the operational challenges faced by the refinery.The storm, which brought heavy wind and rain to the area, resulted in widespread power outages, affecting thousands, according to National Weather Service. The Joliet refinery, a significant player in ExxonMob ...

z1bXOM stock: pullback offers an entry point I last covered Exxon Mobil (NYSE:XOM) with a bull thesis a little more than three months ago as you can see from the chart below. To wit, the article was entitled "XOM: Oil Price Could Return To $115 A Barrel" and was published on Seeking Alpha on April 9, 2024. The article focused on the potential catalysts that could drive oil prices up and the subsequent impact on XOM’s EPS. More specifically, the article argued that: … there is a chance that oil prices ...

Exxon Mobil Corporation (XOM) has proposed a development plan to the government of Guyana for its seventh oil project in the country. The discovery named Hammerhead is part of the prolific Starbroek Block offshore Guyana. The development of the Hammerhead discovery involves drilling up to 30 wells, per ExxonMobil’s development plan.The Hammerhead project is estimated to come online by 2029, pending government approval. The oil and gas giant expects daily production from the Hammerhead field to lie in the ra ...

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- ExxonMobil today announced the launch of its Enable™ 1617 performance polyethylene (PE) grade. Ideal for thin-gauge hand wrap applications, the new resin is designed to help provide high tenacity and consistent extrusion, as well as help enable the incorporation of high loading levels of post-consumer recycled (PCR) content. Key Potential Benefits Include: Incorporation of PCR content: Can provide the performance boost to help enable the incorporation of high level ...