Recently, Zacks.com users have been paying close attention to Exxon (XOM). This makes it worthwhile to examine what the stock has in store.
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Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has conditionally raised US$11.5 million to back a busy exploration programme, including drilling on the Chevron-operated Nabba-1 well in Namibia’s PEL 90. The fundraise was priced at 22.5p per new common share on AIM and C$0.41...
The US did approve 10 Chinese firms as buyers for the H200, Nvidia’s second-most powerful AI chip, though no purchases have yet been made.
A 58-year-old engineer in Palo Alto, married filing jointly, earns $750,000 a year, has already stuffed $4 million into 401(k)s and IRAs, and parks another $1.2 million in a brokerage account that holds a single S&P 500 fund. The 401(k) is maxed. The mega backdoor Roth is maxed. The next tax dollar saved has to ... The $40,000 Tax Move That Comes After Your 401(k) Hits Its Limit
Most investors should stick with the integrated giants in the energy patch, and this one stands out for the long term.
Texas jury clears Exxon Mobil in a landmark securities fraud case focused on climate related disclosures. The class action alleged Exxon Mobil misled investors on the impact of climate costs on certain oil and gas projects. The verdict is the first of its kind tied to climate accounting and has implications for future disclosure lawsuits. For investors tracking Exxon Mobil (NYSE:XOM), the ruling arrives with the stock at $157.92 and a value score of 4. The shares show returns of 9.2% over...
Investing.com -- The United States State Department has announced a 45-day extension of the ceasefire agreement between Israel and Lebanon following highly productive negotiations in Washington.
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.54%. June E-mini S&P futures (ESM26 ) fell -1.26%, and June E-mini Nasdaq futures...
Energy stocks were higher late Friday afternoon, with the NYSE Energy Sector Index rising 1.5% and t
Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 0.9% and the St
If you bought YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) a year ago for the headline yield, you collected a steady stream of weekly checks while Exxon Mobil (NYSE:XOM) shares ran from roughly $103 to almost $154. You also missed a chunk of that rally. That gap, between what XOM did and what XOMO paid you, is ... This 1 Exxon Income ETF Is Paying Up Big, But There Is A Catch
XOM stands to benefit as WTI tops $100, with Permian tech lifting recoveries and Guyana output supporting exploration and production earnings.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.91%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.30%. June E-mini S&P futures (ESM26 ) are down -1.02%, and June E-mini Nasdaq futures...
Energy stocks were advancing pre-bell Friday, with the State Street Energy Select Sector SPDR ETF (X
Petrobras missed Q1 estimates but hit record output, stronger refining profits, $3.9B free cash flow and an early P-79 start at Buzios.
A Texas jury ruled on Wednesday that Exxon Mobil (NYSE:XOM) was not liable in a lawsuit accusing the energy giant of misleading investors through disclosures connected to its Canadian oil sands business and Rocky Mountain natural gas operations. Investors Failed to Prove Fraud ClaimsThe case, originally filed in 2016, alleged that Exxon hid losses tied to its Canadian bitumen assets, failed to properly reflect carbon-cost assumptions in reserve valuations, and postponed impairment charges relate
Exxon Mobil Corporation (NYSE:XOM) is included among the 10 Best US Stocks to Invest in According to Billionaires. Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world. On May 11, Bernstein analyst Bob Brackett lowered the firm’s price target on Exxon Mobil Corporation (NYSE:XOM) from $195 to […]
It could be tempting for energy companies to ramp up efforts to meet soaring demand, only to find themselves overextended. But the sector has become much more disciplined.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said its first-quarter loss narrowed after a payment by ExxonMobil provided a cash boost, while the company advanced its Atlantic Margin portfolio following last year’s acquisition of Challenger Energy. The oil and gas explorer...

May 14 () - A Texas jury on Wednesday found Exxon Mobil not liable on claims it defrauded investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. • The 2016 lawsuit alleged Exxon concealed that its Canadian bitumen operations were losing money, failed to properly incorporate carbon-cost assumptions into reserve valuations, and delayed recognizing impairment charges tied to Rocky Mountain dry gas assets.
May 14 () - A Texas jury on Wednesday found Exxon Mobil not liable on claims it defrauded investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. • The 2016 lawsuit alleged Exxon concealed that its Canadian bitumen operations were losing money, failed to properly incorporate carbon-cost assumptions into reserve valuations, and delayed recognizing impairment charges tied to Rocky Mountain dry gas assets.
Exxon Mobil (NYSE:XOM) is seeking shareholder approval to move its legal incorporation from New Jersey to Texas. Institutional Shareholder Services and the New York City Comptroller have urged investors to vote against the redomicile proposal, citing concerns about weaker shareholder rights and governance standards. Exxon Mobil maintains that shareholder protections will be maintained or improved under Texas law and is actively engaging with investors ahead of the vote. Exxon Mobil is one...
We discuss the economic read-through and the earnings outlook for the Tech, Energy, and Retail sectors.
First, there was the TACO trade (Trump Always Chickens Out) amid rising tariff fears in the months and quarters that followed Liberation Day. These days, there’s growing chatter about the so-called NACHO (Not a Chance Hormuz Opens) trade, which suggests the much-anticipated reopening of the Strait of Hormuz might not happen anytime soon. Indeed, reopening ... Could the Trump NACHO Trade Send Energy Stocks Through the Roof?
BP trades at 3.27x EV/EBITDA vs. peers as WTI tops $100; 14 discoveries and debt cuts could boost cash flow.
It could be tempting for energy companies to ramp up efforts to meet soaring demand, only to find themselves overextended. But the sector has become much more disciplined.
Energy businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. They are also bound to benefit from a friendlier regulatory environment with "American energy dominance" stance from the Trump administration, and this excitement has led to a six-month gain of 31.6% for the sector - higher than the S&P 500’s 7.1% return.
Bloomberg’s Stuart Livingstone-Wallace delivered a line worth pausing on this week. Responding to a question about whether a U.S. naval posture was choking off Iranian crude flows, he told viewers: “We’ve had no tankers loading for three days. That’s certainly unprecedented since the conflict began.” The three days in question were May 8, May 9, ... Trump Walks Into Beijing with a New Ace Card: Iran’s Main Oil Terminal Has Gone Dark
The oil and gas giant fought off calls by the New York City Comptroller's Office and proxy advisory firm Glass Lewis for shareholders to vote down the proposal.