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Energy stocks and crude oil benchmarks surged premarket Monday, with WTI and Brent both climbing 4.5%. Exxon Mobil advanced over 1% after raising its LNG sales outlook despite Middle East tensions, w…
ExxonMobil posted robust Q2 results with $14.5B net income and $17.2B free cash flow. Boosted by rising crude prices, the supermajor lifted long-term LNG sales guidance, accelerated Guyana offshore c…
ExxonMobil increased its 2030 global LNG sales target to 50 million tons per year, up from a previous 40 million ton forecast. The company expects global LNG demand to reach 500 million tons by 2030 …
Baker Hughes posted record Q2 orders and beat EPS estimates, driven by LNG, power and data center demand, but warned of modestly lower 2024 oil and gas producer spending due to Middle East tensions.
Baker Hughes posted record Q2 orders, raised 2026-2028 IET outlook to $45B+, driven by LNG, gas power, and data center demand, while completing Chart Industries acquisition and divesting Waygate Tech…