Exxon Mobil Corporation’s (XOM) CEO Darren Woods issued a clear message to activist shareholders on Tuesday to adhere to the established rules when filing proposals. Speaking via video link to the Council of Institutional Investors in New York, Woods warned that ExxonMobil is prepared to take legal action if shareholders attempt to "abuse" the proxy proposal process.XOM's Stance on the Proxy Proposal SystemEarlier this year, ExxonMobil sued two activist groups— Follow This and Arjuna Capital — after they fi ...

Exxon Mobil (XOM) ended the recent trading session at $109.72, demonstrating a -0.99% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%.The oil and natural gas company's shares have seen a decrease of 5.97% over the last month, not keeping up with the Oils-Energy sector's loss of 4.22% and the S&P 500's gain of 2.92%.Market participants will be close ...

sefa ozel XOM stock: Previous thesis and new developments I recently wrote an article on Exxon Mobil stock (NYSE:XOM) under the title "Exxon Mobil Q2: Pioneer Assets Create More Upside Potential." It was published on Aug. 2, 2024. The article was a review of its Q2 earnings as the title suggests. Specifically, I argued that: Exxon Mobil Corporation stock delivered strong Q2 earnings, beating consensus estimates on both lines. In particular, the progress and benefits from the Pioneer assets integration far e ...

Here's what you should do if the oil stock falls further.Shares of ExxonMobil (XOM -3.63%) were falling this morning and were down 3.1% as of 11:50 a.m. ET Tuesday, wiping out all of their gains and some from the previous day. Although the oil and gas stock typically mirrors movements in crude oil prices, there's another reason why ExxonMobil was falling today.Oil price volatility is hurting investor sentimentCrude oil prices tumbled Tuesday morning after OPEC cut its global oil demand forecast for 2024 to ...

StevenStarr73/iStock Editorial via Getty ImagesInvestment Thesis Following Exxon Mobil's (NYSE:XOM) strong bull run in 2022, we initiated a hold rating due to concerns about long-term revenue declines amidst the global transition toward low-carbon solutions. However, the company's recent strategic pivot and performance justify reassessing its rating, signaling a change in its performance that potential investors should consider. XOM is currently trading below its historical normalized P/E and price-to-f ...

Last week’s pullback has investors looking for stocks to buy. One of the most popular sectors for investors to look at is the energy sector. Most of us spend more money and time at gas stations than we’d like to. It can feel like an easy way to get some of that money back. Be careful to not just blindly buy any energy stock that you’re familiar with. There can be negative trends developing which you don’t realize.Today’s Bear of the Day is a very popular stock that has seen earnings estimates trend in a neg ...

All three companies are contributors to the growing onshore U.S. oil and gas industry.The price of West Texas Intermediate (WTI) crude oil -- the U.S. benchmark -- just fell below $70 a barrel, sending ripples throughout the energy sector. Long-term investors may view lower oil prices as an opportunity to scoop up shares of quality energy stocks on sale.There are plenty of ways to invest in oil and gas, such as an integrated major like ExxonMobil (XOM -0.47%) or exploration and production (E&P) companies li ...

Investors interested in stocks from the Oil and Gas - Integrated - International sector have probably already heard of Eni SpA (E) and Exxon Mobil (XOM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earni ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Exxon Mobil (XOM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Exxon currently has an average brokerage recommendation (ABR) ...

Exxon Mobil Corporation (NYSE:XOM) Barclays 38th Annual CEO Energy-Power Conference Call September 5, 2024 8:00 AM ET Company Participants Dan Ammann - President and Head, Low Carbon Solutions Conference Call Participants Betty Jiang - Barclays Betty Jiang Welcome to the Third Day of the 38th Barclays Annual Energy Conference. It's my great pleasure to introduce and welcome Dan Ammann, President and Head of Low Carbon Solutions at ExxonMobil. This is a business that's going to scale a portfolio of lower emi ...