In the latest market close, Exxon Mobil (XOM) reached $120.56, with a +0.57% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.87%. At the same time, the Dow added 0.67%, and the tech-heavy Nasdaq gained 1.11%.The oil and natural gas company's shares have seen an increase of 5.63% over the last month, surpassing the Oils-Energy sector's gain of 3.26% and the S&P 500's loss of 3.97%.The investment community will be closely monitoring the performance of Ex ...

The energy sector has been on an incredible run over the last few years.ExxonMobil (XOM 1.15%) reached an intraday all-time high of $123.75 per share on April 12. The oil major has pulled back a little since then, but Exxon is still up big on the year and has more than doubled over the last three years.Exxon's market capitalization currently sits at $474 billion as it approaches the feat of becoming the first half-trillion-dollar energy stock. Here's why Exxon is in favor with investors, and why the rally h ...

Exxon Mobil (XOM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are better than expec ...

The oil giant is one of the world's top dividend payers.ExxonMobil (XOM -0.83%) is a leader in paying dividends. The oil giant paid a whopping $14.9 billion in dividends in 2023. That was the third-highest total in the world. It will likely pay even more in dividends in 2024. Drilling down into Exxon's massive dividendOn the one hand, ExxonMobil's total dividend outlay in 2023 was roughly flat with 2022's level. However, the payout increased on a per-share basis. Exxon raised its dividend per share by 3.4% ...

Exxon Mobil Corporation (XOM) , a U.S.-based energy giant, has announced its ambitious plans to proceed with a $12.7 billion deepwater oil project off the coast of Guyana. This significant move marks the company's sixth deepwater oil development on the Stabroek block, showcasing its commitment to tapping into the rich oil resources in the region. The project, named Whiptail, has received all necessary government and regulatory approvals, culminating in a final investment decision by ExxonMobil.ExxonMobil ex ...

ExxonMobil stock was a good buy in 2022. Is it still?Oil prices that slumped over the warm winter are climbing back toward their highs of last summer, with West Texas Intermediate crude prices north of $85 a barrel -- and potentially heading higher as conflicts continue to roil the Middle East. What's the best way to play this trend of rising oil prices? Don't overthink it. Sometimes the obvious answer is the right one: Buy ExxonMobil (XOM -1.17%) stock, urges UBS analyst Josh Silverstein because this stock ...

JHVEPhoto Exxon Mobil (NYSE:XOM) is set to detail how it benefited from the strong price increase for WTI crude oil on April 26, 2024 which is when the company is expected to release first-quarter earnings. The petroleum company has likely seen a drastic increase in the average price for petroleum in Q1'24 which in turn should have led to a major boost to the company's earnings and free cash flow. With OPEC+ also providing considerable pricing support through the extension of voluntary supply cuts and upsid ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that m ...

The latest trading session saw Exxon Mobil (XOM) ending at $121.18, denoting a +0.52% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.15%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.32%.Heading into today, shares of the oil and natural gas company had gained 10.58% over the past month, outpacing the Oils-Energy sector's gain of 8.57% and the S&P 500's gain of 1.65% in that time.The upcoming earnings release of Exxon Mob ...

Michael H Exxon Mobil Corporation is the titan of the oil industry. I wrote an article a couple of months ago explaining why I thought that the American Energy Titan was slated to dominate the last chapter of the Energy industry. Furthermore, that chapter is likely to be longer than a lot of folks appear to think. The American Energy sector has been showing strength lately, and there are few better companies to own for the long term. Exxon has been up significantly on a YTD basis and has outpaced its large ...