|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||82.33 - 83.05|
|52 Week Range||76.05 - 93.22|
|PE Ratio (TTM)||29.83|
|Earnings Date||Oct 27, 2017|
|Forward Dividend & Yield||3.08 (3.84%)|
|1y Target Est||83.40|
As Iraqi-Kurds prepare to fight for their independence, the United States has pulled out of the Iran Nuclear Deal, creating a volatile situation for energy markets
On the presumption that OPEC's oil-production restraint appears to be working, some exploration companies are well-positioned for upside, Wells Fargo analysts conclude. Analysts Roger D. Read and Lauren ...
The sharp rebound in U.S. shale oil production is showing no signs of tapering off and will likely keep a lid on oil prices in coming years even as OPEC continues to cut production, according to a number ...
A week ago, I took a look at Exxon Mobil Corporation (NYSE:XOM). Since this is a trying time for energy stocks, it’s time well spent to do the same for BP plc (ADR) (NYSE:BP). Whereas Exxon Mobil’s dividend was marginally affordable, assuming nothing changes in the foreseeable future, the BP dividend is skating on thinner ice.
Genesis Energy LP is a publicly traded midstream master limited partnership that is backed in part by KKR & Co. and Blackstone Group LP’s credit arm, GSO Capital Partners.
Houston-based midstream company Genesis Energy LP (GEL) is selling the crude oil terminal in Wink, Texas, to Exxon for an undisclosed amount. This latest deal comes after Genesis closed a $550M debt offering in August , the same month it announced it would buy Connecticut-based Tronox Ltd.’s (TROX) alkali chemicals business for $1.325 billion in cash .
Exxon Mobil Corporation announced today that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware Basin, part of Permian Basin – one of the most prolific plays in the United States.
The Dow Jones Industrial Average is getting a jump today as International Business Machines Corp. (NYSE:IBM) shares are trading almost 10% higher after better-than-expected earnings results. The move isn’t as strong in the S&P 500 and Nasdaq Composite as the broader markets are moving sideways. The string of new highs on the major exchanges is starting to push a number of stock charts into overbought territory ahead of their earnings reports.
The Mont Belvieu plant opened the first of two polyethylene lines that are part of a multi-billion-dollar expansion in the Baytown, Texas, area.
The threat last week of another tropical storm aimed at Gulf Coast refineries and Gulf production platforms cut crude oil supplies and slowed imports, exports, and refined products production.
There are a few surprises in reviewing the disclosed equity portfolio of ExxonMobil Investment Management. The ExxonMobil (XOM) unit invests in public equity markets in the U.S. on behalf of insurance-company accounts related to employee benefit plans, pension and profit-sharing plans, and pooled investment vehicles, according to S&P Capital IQ. The most interesting thing about its holdings may be that the most valuable individual investment is in Apple (AAPL), which was valued at $145.4 million as of Sept. 30.
ExxonMobil (XOM) has seen a rise in its short interest (as a percentage of outstanding shares) from 0.8% at the end of July to its current level of 0.9%.
The world’s biggest oil companies have defended their giant bets on natural gas at a major energy conference, saying demand will soon emerge for the huge supplies of fuel they are bringing to the market....
With the new lower-for-longer oil price environment and the rise of renewable energy, natural gas is set to become a key bridge fuel in the energy mix
Oil majors are most likely to diversify into Petrochemicals within the next 10 to 15 years as demand for conventional fuels is nearing a peak
Exxon Mobil began production at a new petrochemical facility in Mont Belvieu, Texas, just two months after Hurricane Harvey pummeled the area.
Exxon Mobil Corporation (NYSE:XOM) stock is stuck in no-man’s land. Since 2016, XOM stock has pretty much just bounced around in the 80s. It has been a sell when it has hit $90 and a buy when it breaks below $80.Source: Mike Mozart via Flickr (Modified)
ExxonMobil Chemical Company announced today that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.
Of the 26 analysts covering ExxonMobil (XOM) stock, eight (31%) have assigned a “buy” or “strong buy” rating, while 12 (46%) have assigned “hold” ratings.
The implied volatility of XOM stock has fallen from 14.5% on July 3, 2017, to 12.7%. During the same period, ExxonMobil stock has risen 0.4%.
On July 3, 2017, ExxonMobil’s 50-day moving average was below its 200-day moving average. Prior to that, the stock had been volatile in anticipation of its 2Q17 earnings.