Core Insights - LRT Capital Management's "LRT Global Opportunities Strategy" reported a net return of -8.00% for September 2025 and a year-to-date return of -0.17%, indicating a challenging month amid a market surge in select overvalued mega-cap stocks [1] - The strategy employs a systematic long/short approach to generate positive returns while controlling downside risks and maintaining low net exposure to equity markets [1] Company Overview: Exxon Mobil Corporation - Exxon Mobil Corporation (NYSE:XOM) is a leading integrated energy and chemical manufacturer with a robust operational history and technological innovation [3] - The company operates a vertically integrated business model that encompasses the entire value chain, from exploration and production of crude oil and natural gas to the manufacturing of fuels, lubricants, and petrochemicals [3] - This integration allows Exxon Mobil to achieve significant operational synergies and maintain a resilient financial profile, enabling it to navigate the cyclicality of commodity markets [3] Stock Performance - Exxon Mobil's stock experienced a one-month return of 1.56% but has seen a decline of 6.41% over the past 52 weeks [2] - As of October 7, 2025, Exxon Mobil's stock closed at $114.26 per share, with a market capitalization of $487.119 billion [2]

BAGHDAD (Reuters) -Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its large Majnoon oilfield and expand its oil export infrastructure, marking a return to the country two years after leaving. OPEC's second largest producer is looking to draw back Western oil majors and increase output constrained by years of war, corruption and sectarian tensions. Iraqi Prime Minister Mohammed Shia al-Sudani announced that a deal was signed with Exxon but included few details. It will involve ...

BAGHDAD (Reuters) -Iraq and Exxon Mobil will sign an agreement on Wednesday for the management, development and operation of the Majnoon oilfield in southern Iraq, marking the oil major's return to the country after a two-year hiatus, four Iraqi official sources told Reuters. The agreement will include upgrading Iraqi oil export infrastructure in the south, and a profit-sharing crude oil and refined products trading agreement, the four sources with knowledge of the matter added. Iraq's state oil company ...

Iraq and Exxon Mobil will sign an agreement on Wednesday to manage, develop, and operate Majnoon oil field in southern Iraq, three Iraqi official sources with knowledge of the matter told Reuters. ...

US-based oil and gas company ExxonMobil is reportedly looking to re-enter Iraq after an absence of almost two years. The company is moving towards agreements that could open the way to operations in the Majnoon oilfield, reported Bloomberg, citing sources. A source with knowledge of the discussions said the oil giant intends to enter into heads of agreement (HoA) with Basra Oil and the Iraq-based State Organization for Marketing of Oil (SOMO) in the upcoming days. The proposed HoA is said to cover discu ...

Core Insights - The article emphasizes the importance of a comprehensive investment ecosystem approach rather than evaluating a company in isolation [1]. Group 1: Analyst Background - Michael Del Monte is a buy-side equity analyst with over 5 years of experience in the investment management industry [1]. - Prior to his current role, he spent over a decade in professional services across various industries including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and Consumer Discretionary [1]. Group 2: Investment Philosophy - Investment recommendations are based on the entirety of the investment ecosystem, highlighting the interconnectedness of various sectors and companies [1].

Exxon is considering a return to Iraq after leaving the country two years ago, Bloomberg reported, citing an unnamed source who said Exxon was interested in developing the massive Majnoon field. The Majnoon field has estimated reserves of 38 billion barrels, which makes it one of the biggest in the world. According to the companies currently involved in work in the field, additional seismic surveys could uncover more reserves at the field. Exxon confirmed the information in general, telling Bloomberg in ...

Core Viewpoint - Exxon Mobil is considering re-entering the Iraqi oil market after a nearly two-year absence, focusing on the exploration of the Majnoon field [1] Company Summary - Exxon Mobil is planning to sign agreements that would facilitate its exploration activities in Iraq's Majnoon oil field [1] Industry Summary - The potential re-entry of Exxon Mobil into Iraq highlights the ongoing interest of major oil companies in the region's vast oil reserves, particularly in light of previous operational challenges [1]

Group 1 - Piper Sandler reduced its price target on ExxonMobil to $141.00 from $145.00 while maintaining an Overweight rating, indicating a preference for long positions ahead of third-quarter results [1] - Preliminary figures from ExxonMobil's 8-K filing suggested earnings slightly below market expectations, impacting the overall outlook [1] - The firm forecasts third-quarter earnings per share of $1.81, an increase from the prior estimate of $1.51, but below investor discussions of $1.90–$1.95 due to negative timing effects in the upstream business [2] Group 2 - Despite lower contributions from upstream and chemical segments, ExxonMobil's outlook remains favorable due to strong refining fundamentals and robust global natural gas markets [3] - The anticipated negative timing effects in the upstream business are estimated at approximately $200 million, which were partially offset by stronger refining results [2]

ExxonMobil Corp. expects to post a sharp rebound in refining profitability for the third quarter of 2025, forecasting a $500 million increase in refining earnings compared to the previous quarter — a sign that the downstream sector remains a bright spot even as oil and gas prices stagnate. According to the company’s latest regulatory filing, refining margins are projected to add between $300 million and $700 million to quarterly earnings, driven by resilient demand during the summer driving season and imp ...