- Editor's PickRick Newman•3 hours ago
Plunging oil prices have punished energy stocks, and new measures to combat climate change could now present another underappreciated threat. The proven reserves of oil and gas are a common metric that helps determine their stock price and overall market value, with the presumption being that an oil company may be able to access 100% of its reserves, over time, as long as it can profitably sell that oil given market prices. The more reserves a company has, the more valuable it is, and big drillers such as Exxon Mobil (XOM) deliberately seek new reserves as one way to boost their value.
- Investor's Business Daily•2 hours ago
Crude futures rallied Friday after U.S. rigs in operation stopped rising, but prices fell 3% for the week.
Exxon Mobil Corporation (XOM)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||87.26 x 1000|
|Ask||87.38 x 100|
|Day's Range||87.00 - 88.11|
|52wk Range||71.51 - 95.55|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||34.66|
|Avg Vol (3m)||10,832,896|
|Dividend & Yield||3.00 (3.41%)|