Exxon Mobil Corporation (XOM) has unveiled an ambitious Corporate Plan till 2030, leveraging its competitive advantages to deliver sustainable growth and shareholder value. The strategy includes a comprehensive roadmap to generate $20 billion in incremental earnings and $30 billion in cash flow while addressing global energy challenges.XOM Targets Synergies and Cost SavingsExxonMobil plans to enhance its operational efficiency significantly, increasing the average annual synergies from its Pioneer acquisiti ...

In trading on Wednesday, shares of Exxon Mobil entered into oversold territory, changing hands as low as $111.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.Start slideshow: 10 Oversold Energy Stocks »In the case of Exxon Mobil, the RSI reading has hit 29.5 — by comparison, the universe of energy stocks cover ...

Key TakeawaysExxonMobil plans to spend $27 billion to $29 billion in 2025 and another $28 billion to $33 billion every year from 2026 through 2030 to boost its oil and gas output.The company said it is taking advantage of the benefits from its nearly $60 billion acquisition of Pioneer Natural Resources this year.ExxonMobil anticipates its plan will create $20 billion in incremental profit growth and $30 billion in cash flow. ExxonMobil is doubling down on its commitment to pumping more oil and gas, announci ...

Exxon Mobil Corporation (XOM) is reportedly considering selling its petrol stations in Singapore, a move that could generate around $1 billion, according to a Bloomberg news report. The U.S. oil major operates 59 stations in the country under the Esso brand, as per the company's website.XOM's Strategy to Reallocate CapitalThe reported sale aligns with ExxonMobil's strategy to reallocate capital toward areas with higher growth potential. The divestiture has already attracted interest from industry players an ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I first initiated coverage of Exxon Mobil Corporation (NYSE: XOM ) stock at the end of December 2022 . Unfortunately, I had no luck with timing at that time. However, when the stock started to turn around, I wrote my 2ndDaniel Sereda is chief investment analyst at a ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

It's that time of year. Snow is increasingly in the weather forecasts, family members are exchanging holiday gift lists, and investors are setting financial goals for 2025. For income investors, specifically, this may include investigating stocks that are potential buys and digging into how much they will provide in dividends next year.With its high-yield dividend and a lengthy streak of hiking its payout higher, ExxonMobil (XOM 0.26%) is likely a stock that's appearing on investors' screens. Let's take a c ...

Exxon Mobil Corporation (XOM) is under scrutiny as the FBI investigates a consultant linked to the company for alleged involvement in a hack-and-leak operation targeting environmental activists, per a Reuters report. The alleged scheme, which began in 2015, involved mercenary hackers breaching email accounts of environmentalists, whose data was later leaked to disrupt lawsuits against ExxonMobil and other energy companies.According to the report, the hacking targets were compiled by the DCI Group, a lobbyin ...

Exxon Mobil Corporation (XOM) is currently considered expensive on a relative basis, with the stock trading at a 6.95x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is a premium compared with the broader industry average of 4.28x. A premium valuation typically reflects strong market confidence in a company’s prospects. Image Source: Zacks Investment ResearchHowever, this higher price demands careful examination of whether it is justif ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...