News

Oil prices rose to their highest level in a week on Wednesday morning as Iran staged attacks on Kuwait and Bahrain while ceasing communications regarding a deal to reopen the Strait of Hormuz. S&P 500 futures dipped just below the flat line as stock market optimism holds amid a nine-session winning streak. Global oil inventories are fast-approaching rock-bottom levels, after which shortages could quickly fuel a massive spike in oil prices, Exxon Mobil and others are warning.

Investing.com -- Yardeni Research, which holds the highest year-end S&P 500 target on Wall Street at 8,250, said it is turning cautious on equities in the near term despite the index climbing above 7,600 for the first time.

The Lone Star State is now home to 57 Fortune 500 companies.

Recent performance snapshot for Exxon Mobil (XOM) Without a specific news headline driving Exxon Mobil (XOM) today, attention turns to how the stock has been trading, how the business is currently positioned, and what that might mean for investors. The stock last closed at $149.56, with the share price roughly flat over the past day and week, while declining about 2% over the past month and slightly over the past 3 months. Over longer periods, reported total returns are 21.9% year to date,...

BP is up 45% in a year on 14 discoveries and refining tweaks, but Strait of Hormuz disruption risk clouds the case despite a 3.19x EV/EBITDA.

XOM leverages its expanded Permian Basin footprint and advanced development techniques to target 2.5 MMboe/d of production by 2030.

U.S. stocks ended marginally higher on Monday, the first trading day of June, led by a tech rally following the launch of a new chip for PCs, while investors closely watched developments in negotiations with Iran.

APA's GranMorgu project in Suriname targets first oil by mid-2028, with 750M+ recoverable barrels and 220,000 bpd capacity; carry reduces near-term spend.

ExxonMobil, INPEX, MOL, ONGC Videsh, SOCAR and TPAO are co-venturers at the ACG field.

Exxon Mobil is reportedly in talks to secure new oil production rights in Venezuela after years away from the country. The discussions would mark a potential return following prior legal disputes that led to an earlier exit. The move focuses on renewed access to some of the world's largest oil reserves and could reshape the company's global asset base. Exxon Mobil (NYSE:XOM) comes into this reported development with its stock around $149.38 and a value score of 4. The share price is up...

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) said its Alaska gas ambitions were put in front of state lawmakers last week as the company appeared alongside major North Slope producers in testimony linked to the proposed AK LNG Project. The oil and gas developer, which is advancing the...

The Lone Star State has been poaching large corporations to relocate to their state. Texas has a friendly business climate. They also have an abundance of good weather, recreational opportunities and many travel options. Their latest capture is giant Exxon. Exxon has always been known in business circles as Standard Oil or New Jersey. Nearly 75% of their employees are already based in Texas. ...

Guyana is benefiting from higher oil prices and stronger demand for non-Middle Eastern crude amid the Iran war and Strait of Hormuz disruptions.

Oil prices (CL=F, BZ=F) surged back above $90 per barrel on Monday after a confusing back-and-forth between US and Iranian officials, with President Trump affirming that peace talks are continuing "at a rapid pace." Yahoo Finance Breaking News Reporter Jake Conley lays out the current state of negotiations between the two nations and the noticeable oil supply constraints materializing since the start of the US-Iran war.

FEATURE Oil company stocks are rising in late-morning trading on Monday, as Iranian negotiators suspended negotiations and investors digested the lack of progress in talks to end the Iran war. Iranian negotiators reportedly suspended “discussions and exchanges of texts through intermediaries” because of Israel’s continued attacks on Lebanon, according to the Tasnim news agency, which is affiliated with the Islamic Revolutionary Guard Corps.

Alaskan oil production will eventually be greatly boosted from a big lease sale by the U.S. Bureau of Land Management in the National Petroleum Reserve. With record bids from Exxon, Repsol, ConocoPhillips, Santos, Shell and other companies, Alaska will play a bigger role in the national and global energy industries, but it will never rival Texas. That’s according to the Permian Basin ...

U.S. oil prices bounced back above $90 a barrel early Monday after Tehran issued a stark warning after retaliating for U.S. strikes over the weekend. The U.S. attacks targeted Iranian radar and other command-and-control infrastructure. Iran's threat didn't flummox stock market bulls, as S&P 500 futures pointed higher, aiming for an eighth straight gain.

Neil Chapman, Senior Vice President of ExxonMobil, warned last week that global crude, gasoline, diesel, and jet fuel inventories were headed toward unprecedented lows, potentially driving dated Brent prices higher.

Exxon Mobil Corporation (NYSE:XOM) is included among the 14 Best Oil and Gas Stocks to Buy According to Hedge Funds. Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world. On May 27, Mizuho hiked its price target on Exxon Mobil Corporation (NYSE:XOM) from $159 to $175, […]

NextEra Energy wants to become the ExxonMobil of the next era.

Energy Select Sector SPDR Fund (NYSEARCA:XLE) is having the kind of year energy investors waited two cycles for. With Brent crude printing around $117 a barrel and the EIA assuming the Strait of Hormuz stays effectively closed until late May, the geopolitical premium has moved from a tail risk to the central earnings story for ... The 2 Signals That Will Determine XLE’s Performance Through Year-End

Exxon Mobil Corporation (NYSE:XOM) is one of the best oil stocks to buy now amid the US-Iran Conflict. On May 21, Weatherford International announced it had secured a deepwater completions contract from Exxon Mobil Corporation (NYSE:XOM)’s affiliate Esso Exploration & Production Nigeria Ltd. for offshore Nigeria operations. The deal covers integrated upper and lower completions […]

The oil market is approaching a danger zone.

Exxon Mobil Corporation (NYSE:XOM) is one of the 8 Best Natural Resources Stocks to Buy Now. On May 26, 2026, Barclays analyst Betty Jiang raised the firm’s price target on Exxon Mobil Corporation (NYSE:XOM) to $182 from $163 and maintained an Overweight rating on the shares. Jiang said depleting inventories, shrinking OPEC spare capacity, and […]

Investing.com -- Talks between the United States and Iran remain unresolved as Tehran pushes for sanctions relief and the release of frozen assets, while fighting between Israel and Hezbollah escalates in Lebanon, Al Jazeera reported on Sunday.

"You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”

Exxon Mobil (NYSE:XOM) executives have warned that global oil inventories could soon hit record lows. The company flagged the risk of a sharp spike in crude prices if supply tightens further. This leadership commentary signals a potential shift in near term market conditions for oil and energy stocks. For investors watching Exxon Mobil at a share price of $145.26, this warning adds an extra layer to a stock that has returned 18.4% year to date and 46.5% over the past year. Over the shorter...

Investing.com -- Iran said on Friday that no final agreement has been reached with the United States, pushing back against comments from President Donald Trump suggesting a deal could be close, according to Al Jazeera.

Energy stocks were lower late Friday afternoon, with the NYSE Energy Sector Index down 0.9% and the

Energy sits in an unusual spot right now: it is paying real income while also producing the kind of capital gains that growth investors chase. The three biggest broad energy ETFs, iShares Global Energy ETF (NYSEARCA:IXC), Vanguard Energy ETF (NYSEARCA:VDE), and Energy Select Sector SPDR Fund (NYSEARCA:XLE), are each up roughly 34% year to date ... Three Energy ETFs Are Yielding Over 2.5 Percent While Delivering 24 to 31 Percent Returns in 2026