A view of an Exxon gas station in Glen Burnie, Maryland on May 29, 2024. ExxonMobil investors will ... [+] have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)AFP via Getty ImagesExxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas, and North America’s largest energy ...

We are at the midpoint of the second-quarter 2024 earnings, with many energy firms having released results. Two major integrated energy companies, Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) , are scheduled to report their earnings on Aug 2. Investors are likely weighing which stock is better positioned ahead of the second-quarter earnings reports.XOM’s Surpasses CVX in Price PerformanceExxonMobil has proven to be incredibly rewarding, gaining 20.7% year to date, surpassing the 12% rise of t ...

Exxon Mobil Corporation (XOM) is set to report second-quarter 2024 results on Aug 2, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at $2.04 per share, implying growth of 5.2% from the year-ago reported number. The estimate was revised downward by seven analysts in the past 30 days against no upward movement. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $90.4 billion, suggesting a 9% uptick from the year-ago actuals. Image ...

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 ...