The most recent trading session ended with Exxon Mobil (XOM) standing at $112.30, reflecting a +0.93% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.63% for the day. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.82%.Heading into today, shares of the oil and natural gas company had gained 7.27% over the past month, outpacing the Oils-Energy sector's gain of 4.4% and the S&P 500's gain of 1.76% in that time ...

Exxon Mobil (XOM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this oil and natural gas company have returned +6.9%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Oil and Gas - Integrated - International industry, which Exxon falls in, has gained 3.1%. The key question now is: What could be the stock's fut ...

Exxon Mobil Corporation's (XOM) Port Jerome-Gravenchon petroleum refinery in northern France witnessed a fire on Monday. The incident occurred at approximately 3:30 p.m., originating from a gasoline distillation unit. The company's internal firefighting team was prompt enough to successfully bring the blaze under control, according to reports from the Seine-Maritime prefecture.XOM confirmed that the fire was quickly contained, and there was no need of any external assistance. The company is currently assess ...

New York Comptroller Thomas P. DiNapoli recently announced that the New York State Common Retirement ... [+] Fund will restrict investment in eight integrated oil and gas companies, including Exxon Mobil Corp., after a review of the companies’ readiness to transition to a low-carbon economy. (Photo by Drew Angerer/Getty Images)Getty ImagesThe New York State Common Retirement Fund recently announced it will restrict investment in eight energy companies, including ExxonMobil XOM , following a review of the co ...

Michael M. Santiago Introduction Exxon Mobil (NYSE:XOM) has been a key driver in my portfolio and allowed me to outperform the market since 2020. During the pandemic, I bought the stock dirt cheap close to $30, when the entire world was buying tech, growth, and alternative investments like crypto and pictures of rocks. However, I sold Exxon Mobil and shifted my money to peers, like Canadian Natural Resources (CNQ), as I realized I had bet on the wrong horse. Don't get me wrong! This article is not going to ...

ExxonMobil (XOM 0.94%) is a great oil company. It has delivered peer-leading growth across several key metrics over the past several years. It also has the longest dividend-growth streak in the oil patch at 41 consecutive years. However, ExxonMobil might not be the best energy stock for all investors. Chevron (CVX 0.34%), Enterprise Products Partners (EPD -0.36%), and Enbridge (ENB 0.39%) stand out to a few Fool.com contributors as potentially better investment opportunities. Here's why investors looking at ...

Jeremy Poland Exxon Mobil Corporation (NYSE:XOM) is in an area of the market that has yet to return to historical valuations. Some of this is due to the end of the boom times in 2014. The price of oil (CL1:COM) declined sharply in 2015 (roughly) and the following recovery aborted early. This was followed by the pandemic. But all of that is unlikely to repeat quite the way it happened in the future. Therefore, it is time to reassess how a company should be valued now that the cyclical nature of the busin ...

Exxon Mobil Corporation (XOM) and Shell plc (SHEL) have announced a partnership with the Singapore government to develop a cross-border carbon capture and storage (CCS) project.The collaboration aims to significantly reduce Singapore's carbon dioxide (CO2) emissions, marking a pivotal step in the country's decarbonization journey.The Singapore-based units of these energy giants — ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd. — have established the S-Hub consortium to lead the development o ...

Exxon Mobil Corporation (XOM) reiterates its commitment to closing the planned $59.5 billion acquisition of Pioneer Natural Resources (PXD) in the second quarter of this year. The announcement was made by ExxonMobil's senior vice president, Neil Chapman, during a conference hosted by Morgan Stanley on Wednesday.Navigating Regulatory PathwaysExxonMobil remains on track with its proposed acquisition of Pioneer Natural Resources, aiming to close the deal in the second quarter of 2024, as reaffirmed by Chapman. ...

Exxon Mobil Corporation (XOM) and QatarEnergy are reportedly in advanced discussions to divest their majority stake in Adriatic LNG, Italy’s largest liquefied natural gas (LNG) import terminal, to Vitol, per a Reuters report.This transaction could mark a pivotal shift for Vitol, granting it a substantial role in the European LNG market at a time when Italy’s LNG inflows are witnessing an upward trend.Adriatic LNG, officially known as Terminale GNL Adriatico Srl, is strategically positioned off the Adriatic ...