XOM
NEW YORK STOCK EXCHANGE, INC. · Energy
Exxon Mobil Corp
$160.10
+1.49 (+0.94%)
XOM News30 articles
Chevron Rises 1.7% as Storm Threat Fades, Oil Gains on Iran Worries
Chevron shares advanced 1.7% after the National Hurricane Center slashed the odds of a nearby storm developing. Oil prices climbed on Iran supply worries, not storm threats.
Chevron Surges 4.5% as Oil Rally Tightens Analyst Upside
Chevron (CVX) shares rose 4.48% to $194.91 as oil prices rallied on stalled Iran talks, but the average analyst target now offers just 6.4% upside.
Oil Surge on Hormuz Tensions Drives Energy Rally, S&P 500 Steadies Near Record
Energy shares rallied 3.5% as oil prices surged on Iran's Hormuz Strait conditions. The S&P 500 hovered near record highs, with JPMorgan lifting its year-end target to 8,000.
Trump Demands Fuel Price Cuts from Big Oil After Record Profits
President Trump pressures Exxon and Chevron to cut retail fuel prices after their combined Q2 profits surged to $26.6 billion, raising political scrutiny on the sector.
Guyana's Oil Revenue Share to Rise as Stabroek Cost Recovery Hits $55B
Stabroek consortium recoups $55B in costs ahead of schedule, shifting Guyana to profit-sharing. Exxon's entitlement dips 100k bpd, but free cash flow expected to double by 2030.
Exxon Shares Slide as Q2 Earnings Miss, Yet Cash Flow Spurs Debt Reduction
Exxon Mobil's Q2 earnings missed forecasts, but robust cash flow allowed significant debt reduction. Shares dipped 2% premarket.
Chevron's Refining Strength Drives Q2 Earnings Surprise
Chevron reported a 9% earnings beat, powered by its refining unit, as production rose 5.5% and free cash flow hit 4.7% of market value.
BP North Sea Exit, AI Surge Reshape Global Markets
BP announced North Sea asset divestment, while AI stocks fueled a record KOSPI surge. US futures advanced on easing inflation and robust GDP, with Big Tech earnings boosting optimism.
Energy Stocks Hold Steady as Oil Prices Slide on Hormuz Reopening Hopes
Oil prices extended losses on Tuesday amid hopes for a full reopening of the Strait of Hormuz, but major energy stocks remained largely unchanged, signaling investor confidence in earnings.
AI Investment Jitters Outweigh Oil Drop, Nasdaq-100 Futures Slide
Nasdaq-100 futures fell 1.04% in premarket trade as skepticism over AI spending overshadowed a boost from lower oil prices. Nvidia slipped 5% on OpenAI funding reports.
U.S. Stocks Rally as Iran Tensions Ease, Oil Prices Plunge
U.S. stocks rallied as a halt in U.S.-Iran hostilities drove oil prices down more than 6%, lifting travel stocks and easing inflation concerns.
Stock Futures Rise as Oil Prices Drop Ahead of Fed Meeting and Tech Earnings
U.S. stock index futures rose in premarket trading as a drop in oil prices reduced short-term inflation concerns, ahead of the Fed meeting and megacap earnings.
Nasdaq Futures Lead as Oil Plunges, Fed Decision and Big Tech Earnings in Focus
Nasdaq futures rallied Monday as oil prices tumbled, reducing inflation concerns ahead of a Fed meeting and major tech earnings reports.
Nasdaq Drops 2.2% as Oil Hits $100, AI Spending Strains Alphabet and Tesla
U.S. stocks closed sharply lower Thursday as Brent crude topped $100 and heavy AI capital spending strained Alphabet and Tesla, dragging the Nasdaq down 2.15%.
AI Sector Under Pressure as $7B Cash Outflow Hits Markets, Oil Tops $100
U.S. equities declined sharply as a $7 billion cash outflow from Alphabet and Tesla weighed on AI stocks, while Brent crude surged past $100.
Brent Crude Tops $100 After Saudi Tanker Hit in Red Sea
Brent crude rose above $100 after a Saudi tanker was attacked in the Red Sea, threatening an alternative route to the Strait of Hormuz.
Crude Breaches $100 as Red Sea Tanker Attack Rattles Markets; Energy Equities Lag
Brent crude jumped 6.7% to $100.37 after a Red Sea tanker attack, but U.S. energy stocks rose only modestly, suggesting investors view the event as a temporary disruption.
US Refiners Surge as Diesel Margins Hit Record on Hormuz Disruptions
US refiners surged last week as diesel margins hit record highs, with a basket of Valero, Marathon Petroleum, and Phillips 66 jumping over 10%.
Chevron Gains 6% on Oil Rally, Iraq Deals Play Second Fiddle
Chevron shares advanced 6.2% last week, closely tracking a 16% jump in WTI crude oil. Non-binding agreements with Iraq were a secondary factor.
Energy Stocks Surge as AI Shares Slide Amid Oil Rally
A 6.3 percentage point gap opens between AI suppliers and oil majors as crude surges above $81, signaling a shift from growth to cash flow.
Energy Stocks Surge on Middle East Tensions, Outperform Tech by 3.5 Points
Energy stocks gained 1.1% on Middle East oil risks, outperforming tech which dropped 2.4%. S&P 500 slipped 0.6% as Brent held above $84 and Treasury yields rose.
Oil Majors and Refiners Surge as Fuel Margins Drive Earnings Boom
Oil majors and refiners saw strong gains as fuel margins, not just crude prices, drive Q2 earnings expectations. Exxon and Chevron combined adjusted net income is forecast at $25.8 billion.
Chevron Stock Rises 4% This Week Despite 54% Drop in Annual Gas Deal Volume
Chevron shares rose 4.3% this week, but a new gas deal with Alinta Energy reveals a 54% drop in annual volume. The stock outperformed the market and peers.
ExxonMobil Shares Fall Despite $5 Billion Q2 Earnings Boost
ExxonMobil shares fell 2% despite a $5 billion Q2 earnings forecast, as much of the gain came from accounting timing effects, wiping out $11.6 billion in market value.
Brent Crude Holds Below $78 as Hormuz Tensions Ease on Supply Signals
Brent crude hovers near $78 amid U.S.-Iran tensions, but supply recovery and EIA outlook cap gains. Market eyes Hormuz risks and OPEC+ moves.
Occidental Petroleum Jumps on Upgrade and Oil Rally
Occidental Petroleum shares rose 3.6% after an Evercore upgrade and a sharp jump in oil prices due to U.S.-Iran tensions. The stock's rally hinges on sustaining the crude premium and continued debt reduction.
Oil Spike Widens Energy-Travel Gap as Futures Slip
US stock futures dropped Wednesday after oil jumped 4%, creating a 6.1-point gap between energy and travel stocks in premarket trading.
ExxonMobil Holdings Debuts on NYSE, Eyes Strong Q2 Earnings
ExxonMobil Holdings (XOM) started trading as the new public parent, closing at $137.09. Analysts see Q2 adjusted net income at $15.9 billion, but oil price weakness raises concerns.
Chevron Edges Exxon on Q2 Profit Yield Amid Holiday Week Slip
Chevron (CVX) posted a 2.9% Q2 profit yield, slightly ahead of Exxon (XOM) at 2.8%, but shares fell 1.1% in a holiday-shortened week. Oil price softness and a focus on refining margins and data-center power deals are key themes.
Sable Offshore Shares Plunge 48% on Dilution Fears From $100M Stock Sale
Sable Offshore shares tumbled 48.5% as its $100 million stock sale could nearly double dilution due to the lower share price, part of a broader refinancing package.