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Costco has rationed and hiked motor oil prices amid a global lubricant shortage as Middle East conflict pushes crude toward $100 per barrel. The IEA expanded its projected Q3 oil deficit to 1.8 milli…
Donald Trump urged Ukraine to halt drone strikes against Russian diesel infrastructure, citing worsening global fuel shortages. Ongoing disruptions to Russian refining capacity continue to support el…
Saudi Arabia shut down its key East-West crude pipeline after drone attacks launched from Iraq. The outage halts an essential bypass route around the Strait of Hormuz, escalating Middle Eastern suppl…
ExxonMobil trades near all-time highs, boosted by elevated oil prices and geopolitical tensions. The company generated $17.5 billion in quarterly free cash flow, representing a 600% year-over-year in…
U.S. diesel prices reached a record $6 per gallon as Brent crude hovered near $105, reigniting inflation pressures ahead of crucial CPI data. Although ExxonMobil and peers slipped slightly premarket,…
ExxonMobil agreed to increase its stake in the Papua LNG project to 34.1% and take over operatorship. The project's estimated development budget was reduced by $4 billion to $14 billion, targeting a …
Escalating Middle East tensions have driven crude oil above $100 per barrel, yet energy equities like ExxonMobil lag behind sharp upward revisions in earnings estimates. With depressed valuation mult…
ExxonMobil shares traded slightly lower amid broad energy sector softness but demonstrated relative strength. Despite short-term cooling momentum near $168.50 resistance, XOM retains a bullish moving…
ExxonMobil trades at a premium EV/EBITDA valuation of 9.16x compared to industry peers, supported by strong oil prices, solid Permian and Guyana output, and low leverage. Despite robust fundamentals,…
ExxonMobil shares climbed 3% to $164.83 amid surging WTI crude prices at $96.09. Strong Q2 performance delivered $14.5 billion in earnings, $17 billion in free cash flow, and record Permian output. R…
Crude oil broke above $100 per barrel, boosting energy stocks like ExxonMobil. Analysis underscores the value of energy equities as vital portfolio diversifiers, delivering strong historical returns …
ExxonMobil highlighted operational execution, technological advancements, and financial resilience at the Barclays Energy-Power Conference. Key long-term production and profit drivers remain the Perm…
Crude oil prices surged above $95 per barrel amid escalating Middle East tensions, strengthening outlooks for Permian Basin producers. ExxonMobil stands to benefit heavily from high commodity prices,…
ExxonMobil highlighted strong operational execution across the Permian and Guyana alongside disciplined capital allocation at the Barclays Energy-Power Conference. The company reiterated a robust lon…
Escalating conflict between the U.S. and Iran has disrupted Strait of Hormuz tanker traffic, driving Brent crude near $100 per barrel. Elevated oil prices are bolstering integrated oil producers like…
Piper Sandler raised ExxonMobil's price target from $158 to $185, projecting 16% upside above record highs. The upgrade is supported by Exxon's robust balance sheet, $17.2 billion in second-quarter f…
Despite political scrutiny and calls from politicians to cut gas prices, major oil producers like Chevron and ExxonMobil demonstrate strong resilience. Expanding operations, such as Chevron's Venezue…
High Treasury yields tempt income investors, but dividend equities like ExxonMobil offer superior long-term returns. With low breakeven costs at $35 Brent and consistent dividend growth, ExxonMobil r…
Crude oil prices surged near $90 for WTI and $94 for Brent amid Middle East tensions and refinery disruptions. ExxonMobil stands to benefit strongly across its integrated portfolio, driven by robust …
ExxonMobil is reportedly bidding for Shell's US chemicals assets valued near $8 billion. Driven by strong momentum and tight global energy supply, analysts project steady cash flows and a fair value …