Exxon ‘Not Going Anywhere' Amid Venezuela Threats to Guyana
Exxon Mobil Upstream President Liam Mallon discusses exploration and production plans in Guyana and says the company is focused on “doing what we say we're going to do, doing that within our approv...
Exxon warns EU that red tape might push it to invest elsewhere, FT reports
ExxonMobil has warned it would withhold billions of dollars in climate-related investments in Europe unless Brussels cuts environmental red tape, which the company blames for the "deindustrialisati...
Why ExxonMobil Earned More Under Biden Than Under Trump
The oil industry has historically been politically conservative. In turn, Democratic politicians have often been hostile toward the industry.
The Next ExxonMobil? 3 Energy Stocks That Investors Shouldn't Ignore
Energy stocks, crucial for powering homes, businesses, and vehicles, saw their stocks dip slightly in 2023. Yet investors, like Fidelity's energy sector portfolio manager, are optimistic for 2024, ...
Exxon Mobil: Raising Price Target On Strong 2023 And Pioneer Deal
Exxon Mobil reported strong Q4 and 2023 performance with FY23 earnings of $36bn and operating cash at $55bn at ~40% and ~15% respective CAGRs vs. 2019 baseline. Despite margins coming down from rec...
ExxonMobil (XOM) to Start Exploration in Disputed Territory
ExxonMobil (XOM) secures an exploration license from Guyana regarding a disputed area off the coast of South America where previous attempts to explore oil and gas have failed.
5 Reasons Why ExxonMobil Is a Dividend Stock Worth Buying Now
Exxon's 2023 performance is arguably more impressive than 2022 because the business climate was more challenging. The balance sheet is in its best shape in a decade.
ExxonMobil (XOM) to Exit Equatorial Guinea & Focus on Guyana
The move aligns with ExxonMobil's (XOM) long-term strategy, focusing on the fastest-growing, lowest-cost opportunities in regions, such as Guyana and the US Permian Basin.
Religious investors urge Exxon to drop lawsuit against activist shareholders
A group of religious investors urged Exxon Mobil to drop a lawsuit against climate activists, saying in a letter to the energy company's board seen by Reuters on Thursday that the action is a broad...
ExxonMobil Is Becoming a Moneymaking Machine
Exxon had an outstanding 2023 despite lower commodity prices. The oil giant's strategy is paying off.
Exxon Mobil Will Likely Push The Boundaries Of Energy Production
Exxon Mobil's FY23 earnings were impacted by soft commodities pricing, particularly in the natural gas market. Exxon is well positioned to navigate the flat O&G market in eFY24. Exxon continues to ...
Exxon Mobil Stock Became A Bargain Buy For The Long Run
Exxon Mobil Corporation is a strong play among oil and gas majors due to positive quarterly results and cheap stock prices. Let me explain why. The company's core earnings remained strong despite c...
ExxonMobile files lawsuit against activist investors to push back on Green Energy Transition
Green energy and ESG initiatives (Environmental, Social, and Corporate Governance) are seemingly falling out of favor as Big Oil producers double down on traditional fossil fuels amid large mergers...
ExxonMobil (XOM), Chevron to Raise 2024 Permian Basin Oil Output
The plans laid out by ExxonMobil (XOM) and Chevron indicate notable growth in U.S. oil production, primarily driven by increased activities in the Permian Basin.
Numbers Don't Lie: ExxonMobil Is the Top Stock in the Oil Patch.
Exxon delivered industry-leading earnings in 2023. The oil giant has delivered peer-leading performance across several key metrics in recent years.
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