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ExxonMobil Plant Closure In Scotland And What It Could Mean For XOM
Simply Wall St.74d agoneutral
ExxonMobil Plant Closure In Scotland And What It Could Mean For XOM

Exxon Mobil (NYSE:XOM) plans to close its Mossmorran ethylene plant in Fife, Scotland, with the loss of about 400 jobs. The closure affects one of the key plastics related facilities in the region and has raised concern over local employment and supply chains. The decision is part of ExxonMobil’s ongoing efforts to reshape its global asset base and adjust its operations. For investors watching NYSE:XOM, the Mossmorran news lands against a backdrop of longer term share price performance. The...

Is Exxon Mobil (XOM) One of the Best Low Risk Stocks to Buy in 2026?
Insider Monkey74d agobullish
Is Exxon Mobil (XOM) One of the Best Low Risk Stocks to Buy in 2026?

Exxon Mobil Corporation (NYSE:XOM) is one of the best low risk stocks to buy in 2026. On May 1, ExxonMobil announced Q1 2026 GAAP earnings of $4.2 billion ($1.00 per share), down from $7.7 billion in Q1 2025. The decline was heavily driven by $3.9 billion in unfavorable estimated timing effects from unsettled financial derivatives […]

Exxon Mobil Weighs Venezuela Return And What It Means For XOM Valuation
Simply Wall St.75d agoneutral
Exxon Mobil Weighs Venezuela Return And What It Means For XOM Valuation

Exxon Mobil (NYSE:XOM) is in advanced talks to regain oil production rights in Venezuela after nearly two decades out of the country. The discussions reportedly cover potential contracts across as many as six oil fields. The move follows a lengthy legal dispute and would return Exxon Mobil to one of the world's largest oil reserves. For investors watching global oil majors, this development comes at a time when companies are reassessing long term supply options and country exposure. Exxon...

Trump Says 'I Want Kevin To Be Totally Independent,' But Prediction Markets Don't Believe In Cuts
Benzinga75d agobearish
Trump Says 'I Want Kevin To Be Totally Independent,' But Prediction Markets Don't Believe In Cuts

President Donald Trump told the room he wants Kevin Warsh “totally independent” as he swore him in as Federal Reserve chairman Friday, then spent the next hour arguing the economy can boom without inflation. The price data has other ideas. Annual inflation hit 3.8% in April, the highest since 2023, up from 2.4% before the war with Iran closed the Strait of Hormuz and sent energy prices climbing. Core inflation held at 2.8%, well above the Fed’s 2% target. Crude has stayed nearly 50% above pre-co

Egypt to ship Cypriot gas to Europe in QatarEnergy deal
Euronews75d agoneutral
Egypt to ship Cypriot gas to Europe in QatarEnergy deal

QatarEnergy and ExxonMobil have signed a deal with Egypt to pipe Cypriot offshore gas to Egyptian liquefaction facilities for export to Europe — the latest sign that Egypt is becoming the Eastern Mediterranean's dominant energy hub.View on euronews

ConocoPhillips (COP) and Glenfarne’s Alaska LNG Sign 30-Year Natural Gas Supply Agreement
Insider Monkey75d agoneutral
ConocoPhillips (COP) and Glenfarne’s Alaska LNG Sign 30-Year Natural Gas Supply Agreement

ConocoPhillips (NYSE:COP) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 18, Reuters reported that ConocoPhillips (NYSE:COP) and Glenfarne’s Alaska LNG project have signed a 30-year natural gas supply agreement. This marks a significant milestone towards the project’s development. ​The report highlighted that, as a result of this deal, Alaska […]

The Dividend Stocks That Can Replace a $65,000 Income and What They’ll Cost You
24/7 Wall St.75d agoneutral
The Dividend Stocks That Can Replace a $65,000 Income and What They’ll Cost You

Replacing a real paycheck with dividends is the cleanest version of financial independence. The income target here is $65,000 per year, roughly the US median individual wage, and the question is whether a $650,000 portfolio can actually produce it. The honest answer up front: only by reaching past pure blue chips into higher-yield categories. Here ... The Dividend Stocks That Can Replace a $65,000 Income and What They’ll Cost You

Three S&P 500 Value ETFs Beating Some Growth Rivals in 2026 and Most Investors Are Still Looking the Other Way
24/7 Wall St.76d agobullish
Three S&P 500 Value ETFs Beating Some Growth Rivals in 2026 and Most Investors Are Still Looking the Other Way

The value-over-growth rotation that strategists had been calling for since the start of the year is finally showing up in fund returns. Through mid-May, large-cap value indexes are running ahead of several large-cap growth peers for the first sustained stretch in years, and the three cleanest vehicles for capturing it are Vanguard S&P 500 Value ... Three S&P 500 Value ETFs Beating Some Growth Rivals in 2026 and Most Investors Are Still Looking the Other Way

AI Data Centers Are About to Break the Grid. One Company Just Spent $67 Billion to Fix It
24/7 Wall St.76d agoneutral
AI Data Centers Are About to Break the Grid. One Company Just Spent $67 Billion to Fix It

NextEra Energy (NYSE:NEE) announced on May 18, 2026 an all-stock agreement to acquire Dominion Energy (NYSE:D) for $67 billion, a figure the press release frames as the largest energy deal since the 1998 Exxon-Mobil merger. The headline works out to $76 per Dominion share, paid as 0.8138 shares of NextEra Energy plus an aggregate $360 ... AI Data Centers Are About to Break the Grid. One Company Just Spent $67 Billion to Fix It

How ExxonMobil’s Governance Clash With ISS and Fraud-Case Shift Will Impact Exxon Mobil (XOM) Investors
Simply Wall St.76d agoneutral
How ExxonMobil’s Governance Clash With ISS and Fraud-Case Shift Will Impact Exxon Mobil (XOM) Investors

On May 15, 2026, ExxonMobil criticized ISS’s recommendation against its Texas redomiciliation proposal, arguing ISS used flawed analysis, misstated shareholder protections, and failed to disclose a conflict of interest linked to ongoing litigation. ExxonMobil’s pushback highlights how corporate governance structures, legal forums, and retail voting programs can materially influence shareholder rights and long-term corporate oversight. We’ll now explore how the fraud-case clearance and...

SpaceX IPO Could Mint Musk World’s First Trillionaire
The Wall Street Journal77d agoneutral
SpaceX IPO Could Mint Musk World’s First Trillionaire

Elon Musk could pass an unthinkable wealth threshold, becoming the world’s first trillionaire, depending on investors’ excitement for SpaceX shares when it goes public. If the company surpasses a valuation of about $1.7 trillion, then Musk’s slightly more than 40% stake, combined with his Tesla shares, would make him the first man with a net worth eclipsing 13 figures. The calculation omits restricted shares that SpaceX has granted to Musk, but which haven’t been earned, though it includes options he could exercise shortly.

Stocks Finish Sharply Higher on Iran Hopes
Barchart77d agoneutral
Stocks Finish Sharply Higher on Iran Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. June E-mini S&P futures (ESM26 ) rose +0.96%, and June E-mini Nasdaq futures...