XOM - Exxon Mobil Corporation

NYSE - NYSE Delayed Price. Currency in USD
-0.61 (-0.74%)
At close: 4:03PM EDT
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Previous Close82.01
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Avg. Volume12,112,249
Market Cap344.634B
PE Ratio (TTM)17.07
EPS (TTM)4.77
Earnings DateJul 27, 2018
Forward Dividend & Yield3.28 (3.96%)
Ex-Dividend Date2018-05-11
1y Target Est89.86
Trade prices are not sourced from all markets
  • Energy giants opening natural gas spigots, fuelling profit rise
    Reuters1 hour ago

    Energy giants opening natural gas spigots, fuelling profit rise

    The world's largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits while sating rising global demand for fuels that can mitigate global greenhouse gas emissions. Now, the rise of gas-powered electric generation, surging production from U.S shale fields and the burgeoning liquefied natural gas (LNG) industry that makes shipping the fuel possible, have conspired to create a boom. BP Plc (BP.L), Exxon Mobil Corp (XOM.N), Royal Dutch Shell Plc (RDSa.L), Total SA (TOTF.PA) and Chevron Corp (CVX.N) have collectively increased natural gas output 15 percent in the past decade thanks to better technology and lower costs, according to data from Wood Mackenzie energy consultancy.

  • Peak Oil Demand Could Be Less Than 2 Decades Away
    Motley Fool2 days ago

    Peak Oil Demand Could Be Less Than 2 Decades Away

    A new forecast says oil demand will plateau in 2036, which is several years earlier than the view of many in the industry.

  • U.S. oil industry lobbies against tighter sanctions on Russia
    Reuters2 days ago

    U.S. oil industry lobbies against tighter sanctions on Russia

    The U.S. oil and gas industry is lobbying against tighter sanctions on Russia that could impact U.S. investments there, congressional sources said on Friday. The U.S. Senate has revived a bill, called DETER, that would allow for swift sanctions if Moscow was found meddling in future U.S. elections. Both Democrats and Republicans are looking to redress what they consider President Donald Trump's weak stance on accusations of Russian interference in the 2016 election when he met Russian President Vladimir Putin on Monday.

  • CNBC2 days ago

    Earnings deluge expected and data should show best growth in four years

    Earnings are expected from a third of S&P 500 companies in the week ahead, and there will also be an important report card on the economy, with second-quarter GDP expected to be the strongest in four years....

  • Associated Press2 days ago

    Baltimore is latest US city to file lawsuit against Big Oil

    Baltimore on Friday become the latest U.S. city to try and hold the world's biggest oil companies financially responsible for global warming, asserting it faces massive costs to effectively protect its residents, businesses and infrastructure from the escalating impacts of climate change. The litigation by Baltimore, wrapped around a cove of the Chesapeake Bay, comes as skeptical judges elsewhere have been throwing out headline-generating complaints brought by other cities that sought to force big oil companies to pay for climate change adaptation. On Thursday, a U.S. judge rejected New York City's lawsuit targeting oil companies, saying the issue must be addressed by Congress and the executive branch.

  • Barrons.com2 days ago

    Exxon Earnings: Don't Get Your Hopes Up

    Exxon Mobil (XOM) will report earnings a week from Friday, but JPMorgan's Phil Gresh warns that even though expectations aren't very high, the second quarter will probably still not provide the "panacea" for the energy giant's woes. Exxon has slipped 2.8% year to date, underperforming other oil majors such as Chevron (CVX) and ConocoPhillips (COP), along with the Energy Select Sector SPDR ETF (XLE), which is up 3.6% since the start of 2018.  Gresh reiterated a Neutral rating and an $88 price target on the shares today, writing that his earnings estimates are in line with consensus, but that "it feels like upside could be fairly limited." He writes that on the upstream (exploration) side, earthquake-recovery efforts likely hurt volumes, prices, and cash flows at the PNG LNG project that Exxon is spearheading, while maintenance and production issues in areas from Canada to Kazakhstan may also weigh on the quarterly results.

  • Why Analysts Have Mixed Opinions about BP
    Market Realist3 days ago

    Why Analysts Have Mixed Opinions about BP

    In this series, we’ve examined BP’s Q2 2018 estimates, segmental outlook, stock returns, and stock price estimate range prior to its earnings release on July 31, 2018. BP has been rated by a total of 11 Wall Street analysts. This could result in the rise in the company’s hydrocarbon production in the year.

  • How XOM’s Short Interest Compares
    Market Realist3 days ago

    How XOM’s Short Interest Compares

    Since May 15, ExxonMobil’s (XOM) short interest as a percentage of outstanding shares has fallen from 0.87% to 0.74%, implying reduced bearishness. Meanwhile, its stock has risen 1.9%. Sentiment may be improving due to ExxonMobil’s earnings being expected to rise in the second quarter, touching a three-year high.

  • Reuters3 days ago

    Papua New Guinea gas project signs supply deal with PetroChina

    The ExxonMobil-operated Papua New Guinea gas project has agreed a deal to supply liquified natural gas (LNG) to PetroChina Co Ltd, Australia's Oil Search Ltd, a partner in the project, said on Friday. The three-year deal is for the supply of about 0.45 million tonnes of LNG a year to PetroChina International (Hong Kong) Corp Ltd (PCI), Oil Search said in a statement.

  • The Wall Street Journal3 days ago

    [$$] Judge Dismisses New York City's Suit Against Oil Companies

    A federal judge in Manhattan dismissed New York City’s lawsuit against five major oil companies Thursday, ruling that climate change and its effects are global issues that extend beyond the court’s reach. Lawsuits filed by the cities of Oakland and San Francisco against the same five companies, which also sought relief for the costs of addressing climate change, was tossed last month.

  • CNBC3 days ago

    Judge throws out New York City's climate change lawsuit against 5 major oil companies

    A federal judge on Thursday threw out a lawsuit brought by New York City against Exxon Mobil, Chevron and other oil companies for their role in contributing to climate change.

  • Analysts’ Views on ExxonMobil, Pre-Q2 Earnings Release
    Market Realist4 days ago

    Analysts’ Views on ExxonMobil, Pre-Q2 Earnings Release

    Let’s now look at analysts’ ratings for ExxonMobil (XOM), which is set to release its second-quarter results on July 27. Of the 21 analysts covering XOM, seven (33%) recommend “buy” or “strong buy,” 12 (57%) recommend “hold,” and two (10%) recommend “sell” or “strong sell.”

  • Forecasting ExxonMobil’s Stock Price Up until Its Q2 Release
    Market Realist4 days ago

    Forecasting ExxonMobil’s Stock Price Up until Its Q2 Release

    In this part, we’ll forecast ExxonMobil’s (XOM) stock price based on its implied volatility up until its earnings release, which is slated for July 27. While ExxonMobil’s implied volatility has risen by 1.3 percentage points in the past month to 17.3%, its stock price has risen 2.2%.

  • XOM’s Short-Term Moving Average Surpasses Its Long-Term Average
    Market Realist4 days ago

    XOM’s Short-Term Moving Average Surpasses Its Long-Term Average

    ExxonMobil (XOM) stock declined in the first quarter, driven by broader market weakness and the company’s lower-than-expected Q4 2017 results, leading to its 50-DMA (day moving average) falling below its 200-DMA. In the second quarter, XOM’s 50-DMA rose with its stock price, reducing the gap between its 50-DMA and 200-DMA. Better oil prices and market recovery supported XOM’s stock price and 50-DMA.

  • Moody's5 days ago

    Ras Laffan Liquefied Natural Gas Co.Ltd (3) -- Moody's changes ratings outlook of RasGas II-3 to stable; affirms ratings

    Moody's Investors Service, ("Moody's") has today affirmed the A1 guaranteed senior secured debt ratings of Ras Laffan Liquefied Natural Gas Co.Ltd (II) (RasGas II) and Ras Laffan Liquefied Natural Gas Co.Ltd (3) (RasGas 3), together RasGas II-3. The outlook has been changed to stable from negative.

  • Reviewing ExxonMobil’s Stock Performance, Pre-Q2 Results
    Market Realist5 days ago

    Reviewing ExxonMobil’s Stock Performance, Pre-Q2 Results

    Previously, we examined ExxonMobil’s (XOM) segment-wise outlook for Q2 2018. In this part, we’ll review ExxonMobil’s stock performance before its Q2 2018 results release.

  • ExxonMobil’s Segment-Wise Outlook
    Market Realist5 days ago

    ExxonMobil’s Segment-Wise Outlook

    Let’s look at how ExxonMobil’s (XOM) segments performed in Q1 2018. YoY (year-over-year), its adjusted upstream earnings rose from $2.252 billion to $3.497 billion due to crude oil prices rising. Brent rose YoY from $54 to $67 per barrel.

  • Reuters5 days ago

    Equatorial Guinea targets CHC Helicopter in compliance crackdown

    Equatorial Guinea has told petroleum operators including Exxon Mobil to cancel contracts they have with Canadian-based CHC Helicopter for failing to implement local content laws meant to create jobs, the oil ministry said on Wednesday. OPEC member and Africa's third-largest oil producer, Equatorial Guinea's national content regulations of 2014 state that agreements must make provisions for capacity building and give preference to local companies when awarding service contracts. "These laws are in place to protect and promote local industry, create jobs for citizens... and we are aggressively monitoring and enforcing compliance of these requirements," said Gabriel Mbaga Obiang Lima, the minister of mines and hydrocarbons in a statement.

  • Could ExxonMobil’s Earnings Rise in Q2 2018?
    Market Realist5 days ago

    Could ExxonMobil’s Earnings Rise in Q2 2018?

    ExxonMobil (XOM) is expected to post its Q2 2018 results on July 27. Before we look at its Q2 2018 estimates, let’s review its Q1 2018 performance.

  • CNBC6 days ago

    One energy stock to buy and one stock to drop as crude oil nosedives

    Crude oil is in a tailspin on fears global surpluses could flood the market. With oil companies under pressure, one technical analyst is recommending an energy heavyweight to ditch, and another that looks like a buy. “The charts are mixed for the overall sector so I think really selection is key,” Ari Wald, head of technical analysis at Oppenheimer, told CNBC’s “ Trading Nation ” on Monday.

  • ETF Trends6 days ago

    What Matters Most With Upcoming Energy Earnings

    The Energy Select Sector SPDR (XLE) , the largest equity-based energy ETF, is up about 5% year-to-date, but XLE and rival energy ETFs will be tested as the sector's second-quarter earnings reports start rolling in. “Q2 estimates moved up modestly since the quarter got underway, but the positive revisions were primarily because of the Energy sector. Excluding the Energy sector, estimates for the quarter would be modestly down in the last 10 weeks,” according to Direxion.

  • Stock Market News For July 17, 2018
    Zacks6 days ago

    Stock Market News For July 17, 2018

    Financial stocks jumped on Monday although the broader market struggled, as impressive economic data and quarterly results failed to boost investors??? confidence.

  • See what the IHS Markit Score report has to say about Exxon Mobil Corp.
    Markit6 days ago

    See what the IHS Markit Score report has to say about Exxon Mobil Corp.

    This could indicate that investors who seek to profit from falling equity prices are not currently targeting XOM. Over the last one-month, outflows of investor capital in ETFs holding XOM totaled $1.29 billion.

  • Alphabet Kicks Off U.S. Earnings Season
    Bloomberg Video17 minutes ago

    Alphabet Kicks Off U.S. Earnings Season

    Jul.23 -- Bloomberg's Christine Harvey takes a look at some of the big stories of the day on "Bloomberg Daybreak: Middle East."