XOM
NEW YORK STOCK EXCHANGE, INC. · Energy
Exxon Mobil Corp
$149.05
+2.97 (+2.03%)
XOM News17 articles
Chevron Gains as U.S. Eases Venezuela Sanctions; OPEC+ Meeting Looms
Chevron shares advanced Friday following eased U.S. sanctions on Venezuela's energy sector. Oil prices posted modest gains ahead of a key OPEC+ meeting scheduled for March 1.
OPEC+ Weighs April Production Hike as Oil Market Braces for Supply Shift
OPEC+ members are set to discuss restarting oil production hikes next month, potentially adding supply as demand forecasts weaken. Key energy stocks showed mixed performance ahead of the decision.
Exxon Mobil Shares Decline on Ex-Dividend Date Amid Weaker Oil Price Outlook
Exxon Mobil stock fell 0.8% to $154.31 as it traded ex-dividend for a $1.03 quarterly payout, while Brent crude dropped 0.6% following an IEA demand forecast cut and larger-than-expected U.S. inventory build.
BP Halts Share Repurchases Amid Q4 Loss and Strategic Write-Downs
BP has suspended its share buyback program and revised cash-return guidance following a $3.4 billion fourth-quarter loss, driven by significant impairments in its energy transition portfolio.
Exxon Retreats from 52-Week Peak as Oil Prices Stabilize Ahead of Key Data
Exxon Mobil shares pulled back 0.5% after reaching a fresh 52-week high, with oil prices steady as traders await U.S. inventory figures and economic reports. The energy sector remains sensitive to geopolitical tensions and demand outlook.
BP Halts Share Buybacks, Shifts Focus to Debt Reduction Amid Leadership Transition
BP shares dropped over 5% after the company suspended its quarterly share repurchase program, redirecting cash toward cutting debt and funding oil and gas projects ahead of a CEO change in April.
Chevron Gains in Extended Trading as Oil Rises; Tengiz Field Nears Full Output
Chevron shares advanced 0.9% after hours, tracking a more than 1% climb in crude prices. The company's Tengiz field in Kazakhstan has restored output to about 60% of capacity, targeting full production by February 23.
Exxon Mobil Reaches 52-Week Peak Amid Rising Oil Prices, Geopolitical Tensions
Exxon Mobil shares surged 1.45% to $151.21, hitting a new 52-week high as Brent crude climbed to $69.04. Traders are eyeing upcoming U.S. inventory and inflation data.
Chevron Gains as Tengiz Output Rebounds and Middle East Tensions Lift Crude
Chevron shares advanced 0.7% as production at its key Tengiz field in Kazakhstan recovered to about 60% capacity, with full output targeted by Feb. 23. Oil prices rose over 1% after a U.S. shipping advisory warned vessels away from Iranian waters near the Strait of Hormuz.
Exxon Nears $150 Amid Oil Market Volatility, LNG Project Milestone
Exxon Mobil shares approach $150 as crude prices react to geopolitical talks and supply shifts. The company's Golden Pass LNG terminal is set for first production in early March.
Energy Sector Hits All-Time High on Oil Rebound, Eyes on Key Reports
U.S. energy stocks surged to a record close Friday, lifted by rising crude prices and sector momentum. Traders now await OPEC and IEA market reports due next week.
Energy Stocks Reach All-Time High Amid Iran Negotiation Volatility
U.S. energy equities closed at record levels Friday as geopolitical tensions surrounding Iran negotiations fueled oil price swings. The S&P 500 energy sector gained 1.88% with Exxon Mobil rising over 2%.
Exxon Mobil Tests $149 as Geopolitical Tensions Fuel Energy Sector Rally
Exxon Mobil shares climbed 2% to $149.05 amid rising oil prices driven by U.S.-Iran tensions, with investors eyeing the upcoming dividend record date.
Chevron Nears 52-Week High Amid Oil Price Volatility, Executive Trading Activity
Chevron shares advanced 0.9% to $180.86, approaching a yearly peak as crude prices climbed on geopolitical tensions. An executive's stock sale and upcoming economic data are in focus.
Geopolitical Tensions Fuel Energy Sector Gains as Oil Prices Rebound
U.S. energy stocks advanced as oil prices recovered amid Middle East tensions and supply concerns, with key producers adjusting strategies.
Energy Stocks Rally on Middle East Tensions, Refinery Labor Deal
U.S. energy equities advanced Friday as crude prices rose amid renewed geopolitical concerns. Major producers and refiners posted gains, though localized labor disputes persist.
Exxon Mobil Reaches 52-Week Peak at $149; Eyes on Oil and Data Next Week
Exxon Mobil shares surged over 2% to close at a 52-week high of $149.05, buoyed by rising oil prices and a broad market rally. Key economic data and the company's dividend record date are upcoming focal points.