Dan Ammann, President, ExxonMobil Low Carbon Solutions business unit.ExxonMobilExxonMobil continued the advancement of its carbon capture and storage plans with a pair of major announcements this week.Dan Ammann, President of ExxonMobil’s Low Carbon Solutions business unit, used his account at LinkedIn Wednesday to release information related to an agreement with the New Generation Gas Gathering (NG3) project currently under construction in Louisiana to become the latest in a series of major CO2 emitters wh ...

Core Viewpoint - Exane BNP Paribas has downgraded ExxonMobil's rating from "Neutral" to "Underperform" [1] - The price target for ExxonMobil has been reduced from $115 to $105 [1] Company Summary - The rating change indicates a more pessimistic outlook on ExxonMobil's performance in the market [1] - The adjustment in price target reflects a decrease in expected valuation for ExxonMobil [1]

Exxon Mobil NYSE: XOM is still a cheap stock, but the value won’t last long. Technically speaking, the market has broken a significant resistance point and is on track to hit the $138 level soon and $200 over the next 12 to 24 months.Exxon Mobil TodayXOMExxon Mobil$125.36 +0.53 (+0.42%) 52-Week Range$95.77▼$126.34Dividend Yield3.03%P/E Ratio15.36Price Target$134.18Add to WatchlistRegarding valuation, trading at 15x earnings with earnings growing and expected to continue growing is undervalued, putting XOM s ...

In the latest trading session, Exxon Mobil (XOM) closed at $125.37, marking a +0.43% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.96%. Elsewhere, the Dow saw a downswing of 0.94%, while the tech-heavy Nasdaq depreciated by 1.18%.Prior to today's trading, shares of the oil and natural gas company had gained 10.82% over the past month. This has outpaced the Oils-Energy sector's gain of 7.24% and the S&P 500's gain of 4.3% in that time.The upcoming earnings release ...

Exxon Mobil Corporation (XOM) has issued a warning regarding its third-quarter financial results, indicating a negative impact due to declining oil prices and refining margins from the second quarter. In its regulatory filing, XOM outlined the potential effects on its earnings across various segments.The company anticipates a decrease in crude prices to reduce $600 million to $1 billion in upstream profit. Similarly, changes in industry margins for energy products are expected to have a comparable impact. T ...

I analyze oil and gas companies like Exxon Mobil and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here ...

Exxon is a leader in making money in the oil patch. ExxonMobil (XOM 1.84%) recently gave investors a sneak peek into its upcoming third-quarter earnings report. The oil giant issued a muted outlook, expecting its profit to fall. The main culprit was oil prices, which slumped 17% in the period. While ExxonMobil expects to report lower profits in the third quarter, the oil company is likely to deliver peerleading results again. That's one of the many factors that make it look like an attractive oil stock to b ...

Key TakeawaysExxonMobil shares set a record high on Friday as investors bid up energy stocks over mounting concerns that escalating tensions in the Middle East could disrupt global oil supplies. The stock broke out above the top trendline of a symmetrical triangle last week on increasing trading volume.Investors should watch key upside targets on Exxon's chart around $134 and $138, while keeping an eye on important support areas near $118 and $112. Shares in ExxonMobil (XOM) could remain in focus this week ...

Exxon Mobil Corporation (NYSE: XOM ) recently broke out of its two-year trading range, and there is some reasonable likelihood that this current move higher should continue. After declining along with oil prices and the broader energy sector this summer, shares haveZvi provides advisory services to companies, trusts, and individuals, including consulting expert services regarding retirement and estate planning. Zvi is admitted to practice law in the state of New York, where he offers cash management, Bitcoi ...

Key TakeawaysExxonMobil said lower oil prices and refining margins will lower third quarter profit as compared to the second quarter.The company predicted that the change in prices would lower upstream earnings by $600 million to $1 billion, and the change in industry margins would do the same for energy products.ExxonMobil's stock price has basically mirrored the price of oil this year. ExxonMobil (XOM) warned that lower oil prices and refining margins will have a negative impact on third quarter results a ...