Exxon Mobil Corp. XOM, -0.22% said Thursday it will buy back up to $50 billion in stock through 2024, including $15 billion in 2022. Exxon also plans to increase lower-emission Read more
Tag: Exxon
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies Read more
Exxon Mobil and Chevron together take in more than $30 billion in net income as natural gas prices soared
Shares of Exxon Mobil Corp. rallied into record territory Friday, as profit nearly tripled and revenue soared more than 50% to top the $100 billion mark again, fueled by a Read more
Exxon Mobil exits Russia after Kremlin’s ‘expropriation blackmail’
Exxon Mobil announced its exit from Russia this week after Moscow grabbed the company’s stake in the Sakhalin-1 oil and gas venture, a move described by an observer as “expropriation Read more
Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices
Over the long haul, stock prices are pushed higher by steady increases in estimates for companies’ sales and earnings. But this process has been reversed recently for many sectors and Read more
Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices
Over the long haul, stock prices are pushed higher by steady increases in estimates for companies’ sales and earnings. But this process has been reversed recently for many sectors and Read more
UPDATE: Exxon Mobil stock surges premarket after earnings crush consensus estimates to set profit record
Exxon Mobil Corp. shares XOM, +1.17% surged 2.5% in premarket trade Friday, after the oil giant blew past earnings estimates for the second quarter amid high oil prices and higher Read more
Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion
Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for Read more
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There Read more