The latest trading session saw Exxon Mobil (XOM) ending at $103.22, denoting a +0.84% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.8%. Elsewhere, the Dow saw a downswing of 0.76%, while the tech-heavy Nasdaq depreciated by 1.18%.Coming into today, shares of the oil and natural gas company had gained 1.91% in the past month. In that same time, the Oils-Energy sector gained 0.83%, while the S&P 500 gained 3.4%.Analysts and investors alike will be ...

Exxon Mobil Corp (NYSE: XOM) has gained about 5.0% over the past three weeks but a Mizuho analyst says it’s time to stop buying this energy stock.Exxon stock lost its buy rating at MizuhoCopy link to sectionNitin Kumar downgraded the oil and gas behemoth this morning to “neutral” and lowered his price target to $117. The analyst turned dovish on Exxon stock primarily because he expects oil prices “to be range bound in 2024” until international travel trends and global demand gets clearer.Mizuho’s call arriv ...

designer491 XOM: Recent corrections are overdone We last wrote on Exxon Mobil Corporation (NYSE:XOM) about 4 months ago with the goal of urging investors to take some profits (see the chart below). The stock prices indeed suffered substantial corrections afterward, losing about 14%. In contrast, the S&P 500 (SP500) advanced more than 6%. Against this backdrop, this article will argue that such large price corrections are overdone. In the remainder of this article, I will detail a few immediate positive cata ...

You'd better sit down for this, Fools, because I may be about to eat my own words -- and maybe a helping of crow to boot. (Let's hope that seven years have improved the taste).Seven years ago, I put an article in this space explaining the simple reason I won't buy ExxonMobil stock. Granted, I never actually used the word "never" in the article -- but that was the clear implication. After running the numbers and comparing Exxon's reported net income to the actual free cash flow it was generating from its oil ...

SAN FRANCISCO, CALIFORNIA - NOVEMBER 15: ExxonMobil CEO Darren Woods speaks during the APEC CEO ... [+] Summit at Moscone West on November 15, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17. (Photo by Justin Sullivan/Getty Images)Getty ImagesAfter a 9% decline since the beginning of 2023, at the current price of around $100 per share, we believe Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natu ...

olm26250 By Levi at StockWaves; Produced with Avi Gilburt We wrote about ExxonMobil (NYSE:XOM) at this same time a year ago (see here). The entire energy sector had been on a torrid tear since finding a major low back in the Fall of 2020. Many times, after such a sharp ascent, the price will correct via duration rather than a rapid reversal. That seems to have been the case with the energy sector and XOM in particular. At the time of publication back on January 10th, 2023, XOM was expected to continue a cor ...

ExxonMobil (XOM -1.45%) runs with a pretty distinguished group of peers, all of which are giant international energy producers with diversified businesses. Despite immense pressure to shift hard toward clean energy, Exxon is sticking close to its core oil and natural gas businesses. But investors need to think long-term before they make a final judgment call. Here's why Exxon could be worth buying even as the world pivots toward renewable power.Exxon is an industry giantExxon has an over $400 billion market ...

Joe Raedle Investment thesis We have covered the stock before, and since last quarter several things have changed, most importantly: Exxon Mobil Corporation and Pioneer Natural Resources jointly announced a definitive agreement under which Exxon Mobil will acquire Pioneer; We have lowered our forecast for Brent crude oil prices and provide an updated view of the oil market balance through Q3 2024. The acquisition of Pioneer Natural Resources is expected to increase Exxon Mobil's oil and gas sales on the ...

Exxon Mobil Corporation (NYSE:XOM) 2023 Corporate Plan Update December 6, 2023 10:00 AM ET Company Participants Jennifer Driscoll - Vice President, Investor Relations Darren Woods - Chairman, Chief Executive Officer Kathryn Mikells - Senior Vice President, Chief Financial Officer Conference Call Participants Doug Leggate - BofA Securities Neil Mehta - Goldman Sachs Devin McDermott - Morgan Stanley Bob Brackett - Sanford C. Bernstein John Royall - JPMorgan Jason Gabelman - TD Cowen Biraj Borkhataria - RBC ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ Commission File Number 1-2256 Exxon Mobil Corporation (Exact name of registrant as specified in its charter) New Jersey 13-5409005 (State or ot ...