ExxonMobil(XOM)
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Exxon Mobil May Offer Some Protection In Stock Market Crash Scenario
Seeking Alpha· 2024-12-14 11:10
Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 38 years of trading experience, emphasizing his contrarian stock selection style and algorithmic analysis [1] Group 1: Investment Strategy - Paul Franke developed a system called "Victory Formation," which focuses on identifying supply/demand imbalances through specific stock price and volume movements [1] - The strategy recommends using 10% or 20% stop-loss levels on individual stock choices and suggests a diversified portfolio of at least 50 well-positioned stocks to achieve consistent market outperformance [1] Group 2: Stock Selection Focus - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals [1] - The "Volume Breakout Report" articles analyze positive trend changes supported by strong price and volume trading activity [1]
Chevron' Stock Up 10%, What's Next?
Forbes· 2024-12-13 16:00
LOS ANGELES, CALIFORNIA - OCTOBER 28: The Chevron logo is displayed at a Chevron gas station on ... [+] October 28, 2022 in Los Angeles, California. (Photo by Mario Tama/Getty Images)Getty ImagesUp 10% in the last year, at the current price of around $156 per share (as of Dec 11), we believe Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil add ...
Exxon Mobil: As 2025 Dawns, The Results Of The Long-Term Plan Appear
Seeking Alpha· 2024-12-13 05:18
Group 1 - The article discusses the analysis of oil and gas companies, focusing on identifying undervalued firms within the sector [1] - The author emphasizes the importance of understanding the balance sheet, competitive position, and development prospects of these companies [1] - The oil and gas industry is characterized as a boom-bust, cyclical market, requiring patience and experience for successful investment [2] Group 2 - The author holds a beneficial long position in shares of specific companies, indicating a personal investment interest [3] - The article is presented as an opinion piece, with no compensation received for its content beyond the platform it is published on [3] - There is a clear distinction made that the article does not serve as investment advice or recommendations for stock purchases or sales [4]
Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst
Benzinga· 2024-12-12 17:37
Group 1 - Goldman Sachs analyst Neil Mehta rated Exxon Mobil Corporation XOM Neutral with a price target of $125, following the company's unveiling of its Corporate Plan to 2030, which aims for an additional $20 billion in earnings and $30 billion in cash flow over the next six years [1] - ExxonMobil is targeting up to $30 billion in lower-emissions investments and plans to allocate $27 billion to $29 billion in capital expenditures for 2025, with annual investments of $28 billion to $33 billion from 2026 to 2030, while reducing the reinvestment rate to 40% [2] - The company plans to deploy technology in over 200 wells over the next 12 months, although supply chain constraints are a key focus for managing deployment [3] Group 2 - ExxonMobil has been cautious regarding its 2030 volume outlook for Guyana, forecasting 1.3 million barrels per day (bpd), compared to Goldman Sachs' estimate of 1.5 million bpd [3] - The company emphasized its focus on using 4D seismic technology and expanding high-performance computing capacity to enhance resource recovery and maximize value capture [4] - ExxonMobil is collaborating closely with the Guyanese government on gas development projects [4] Group 3 - The analyst estimates earnings per share (EPS) of $7.91 for 2024, $8.35 for 2025, and $9.71 for 2026 [6] - Investors can gain exposure to XOM through EA Series Trust Strive U.S. Energy ETF DRLL and Vanguard Energy Index Fund ETF VDE [6] Group 4 - XOM shares are down 0.39% at $111.48 as of the last check [7]
ExxonMobil Unveils Earnings Growth Strategy Worth $20B Till 2030
ZACKS· 2024-12-12 16:16
Core Insights - Exxon Mobil Corporation (XOM) has launched a comprehensive Corporate Plan aimed at achieving sustainable growth and enhancing shareholder value by 2030, targeting $20 billion in incremental earnings and $30 billion in cash flow while addressing global energy challenges [1] Group 1: Operational Efficiency and Cost Savings - ExxonMobil plans to significantly enhance operational efficiency, increasing average annual synergies from its Pioneer acquisition by over 50% to exceed $3 billion [2] - The company aims to achieve an additional $7 billion in structural cost savings compared to Q3 2024 through process simplification, supply chain optimization, and advanced IT systems [2] Group 2: Upstream Production Expansion - By 2030, ExxonMobil targets an upstream production increase to 5.4 million oil-equivalent barrels per day, with over 60% from advantaged assets like the Permian Basin, Guyana, and LNG projects [3] - The Permian Basin assets are expected to double production to 2.3 million barrels per day by 2030, while Guyana's production capacity will reach 1.3 million barrels per day through eight operational developments [4] - LNG ventures are projected to exceed 40 million metric tons annually by 2030, supported by projects in the United States, Qatar, Papua New Guinea, and Mozambique [4] Group 3: Product Solutions and Market Adaptation - ExxonMobil plans to expand high-value product sales by 80% compared to 2024, contributing over 40% of its earnings potential by 2030, with $8 billion in additional earnings expected from innovative projects [5] - The company is entering the battery anode market with advanced graphite materials to enhance electric vehicle performance, reflecting a proactive approach to evolving market needs [6] Group 4: Sustainability Initiatives - ExxonMobil has committed up to $30 billion in lower-emission opportunities from 2025 to 2030, including the development of the world's largest carbon capture and storage system and a hydrogen facility in Baytown with a capacity of 1 billion cubic feet of carbon-free hydrogen [7] Group 5: Capital Allocation and Financial Projections - The company plans to allocate $140 billion to major projects through 2030, targeting over 30% returns on these investments, with a projected decline in reinvestment rate from 50% to 40% [8] - Cash flow and earnings growth are expected to generate $165 billion in surplus cash during the plan period, allowing for increased dividends and share repurchases, reinforcing the company's commitment to shareholder value [9] Group 6: Strategic Positioning - ExxonMobil's 2030 Corporate Plan emphasizes a balanced approach to profitability and sustainability, positioning the company to navigate the energy transition and address global energy and environmental challenges through disciplined execution and innovative solutions [10]
XOM Crosses Critical Technical Indicator
Forbes· 2024-12-11 17:19
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 ...
ExxonMobil To Spend Billions More Through 2030 on Boosting Oil, Gas Production
Investopedia· 2024-12-11 16:45
Core Insights - ExxonMobil plans to invest between $27 billion to $29 billion in 2025 and between $28 billion to $33 billion annually from 2026 to 2030 to enhance its oil and gas output [1] - The company is leveraging its nearly $60 billion acquisition of Pioneer Natural Resources to drive growth, expecting to generate $20 billion in incremental profit and $30 billion in cash flow [1] - ExxonMobil's "Corporate Plan to 2030" aims to utilize its competitive advantages to create significant shareholder value [1] Investment and Production Strategy - The Pioneer acquisition has enabled ExxonMobil to achieve its goal of having over 50% of its upstream production from "advantaged assets" in key regions three years ahead of schedule [2] - By 2030, more than 60% of ExxonMobil's production is projected to come from these advantaged assets, translating to an increase of 5.4 million oil-equivalent barrels per day [2] - The company has realized $3 billion in cost savings from synergies related to the Pioneer acquisition, exceeding initial estimates by over 50% [2] Market Performance - Despite a 1% decline in shares on the day of the announcement, ExxonMobil's stock has increased by more than 11% year-to-date [2]
ExxonMobil Eyes $1B Deal for Singapore Esso Fuel Stations
ZACKS· 2024-12-04 13:45
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 ...
Why Exxon Mobil Stock Is Still A 'Buy'
Seeking Alpha· 2024-12-04 13:15
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 ...
Exxon reportedly mulling $1bn Singapore gas stations sale
Proactiveinvestors NA· 2024-12-03 11:19
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 ...