XOM trades at a valuation discount and benefits from $80 oil, while PSX leans on diversification to offset refining pressure.
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Renewed Iran-U.S. tensions have pushed oil prices and energy stocks higher, with the Vanguard Energy ETF (VDE) and iShares Global Energy ETF (IXC) both rallying off their July 1 lows.
The Iran conflict was supposed to be a gift for oil majors, yet Exxon Mobil did the opposite of what decades of war-trade instinct predicted. Here is what actually happened to investors who made the obvious bet.
📈 Follow our live markets data and coverage. Investors hear a lot about the price of oil, despite the fact that they don’t buy, sell or consume it directly. The process of turning crude into the products actually used to keep the modern world moving is almost an afterthought.
XOM's Permian outlook strengthens as WTI tops $80, far above $34-$42 shut-in prices, while production targets continue to rise.
Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
OPEC is adjusting its forecast to a changed environment, but it clearly believes that change will be temporary.
Shares of integrated energy company ExxonMobil (NYSE:XOM) jumped 3.6% in the afternoon session after the U.S. launched a new wave of military strikes against Iranian targets, as President Donald Trump announced a 20% U.S. toll on cargo transiting the Strait of Hormuz.
The Strait of Hormuz, a key global oil transit chokepoint, has been closed indefinitely. This closure directly affects physical oil supply routes and raises near term risks for producers. NYSE:XOM, as a large integrated oil and gas company, faces both operational challenges and potential pricing tailwinds from this disruption. For ExxonMobil, the closure of the Strait of Hormuz puts fresh attention on how its upstream, downstream and trading activities are exposed to physical supply...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.33%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. September E-mini S&P futures (ESU26 ) are down -0.33%, and September E-mini Nasdaq futures...
Earnings season kicks into gear this week with banks and tech stocks taking center stage. This week we have Bank of America, Taiwan Semiconductor, JP Morgan, Wells Fargo, Citigroup, Morgan Stanley, Goldman Sachs and Netflix all reporting in what shapes as a busy and pivotal week for stocks.
Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, gained 3.9% to $78.96 per barrel, while U.S. benchmark crude oil added 4% to $74.26 per barrel. Prices for both types of crude oil recently had slipped back to the levels they were at before the war with Iran began, after the two sides set an interim agreement on ending the conflict and ships resumed transporting oil through the Strait of Hormuz.
Oil prices surged in the overnight session on Sunday after the U.S. and Iran attacked each other amid escalating tensions.
Iran just shut the Strait of Hormuz, and the ripple effects stretch far beyond rising gas prices. Here is what the closure means for inflation, corporate profits, and every investor watching the market.
VYM and SCHD both offer low-cost dividend exposure, but differ in methodology, yield, and holdings—VYM emphasizes broad, higher-yield diversification, while SCHD focuses on stricter, dividend-growth criteria.
Investing.com -- Iran said on Sunday it had closed the Strait of Hormuz until further notice after a vessel traveling on what it described as an unauthorized route was struck, sharply escalating tensions in one of the world’s most important energy corridors.
Oil swung more than $40 a barrel in a single quarter, and two energy giants absorbed that whiplash in very different ways. Which approach holds up better when crude keeps sliding matters a great deal for retirees counting on steady income.
Oil just dropped more than 20% in a single month, yet the market keeps rewarding ExxonMobil with a premium valuation. The reason traces back to a two-year cash haul that most investors have not fully priced into their thinking.
Investing.com -- Ukraine has established a new "long-range impact" command within its armed forces as Kyiv seeks to intensify strikes on Russian energy infrastructure and logistics, President Volodymyr Zelenskyy said on Friday, according to Reuters.
The US-Iran ceasefire is fracturing, Brent is climbing, and energy stocks are repricing fast. Whether this is a temporary spike or the beginning of a sustained oil shock will reshape the Fed's next move and every duration-sensitive position in your portfolio.
XOM's $1B Usan Infill Project marks its return to drilling in Nigeria and adds 40,000 barrels per day within 18 months.
CVX's 20-year Microsoft power deal taps AI data center demand, adding a potential long-term cash flow stream beyond its core oil business.
Goldman Sachs is warning that a collapse in Chinese oil demand may be only partly reversible, and the reason has less to do with the Strait of Hormuz than with what Chinese drivers and truckers are quietly doing right now.
ExxonMobil Holdings has enjoyed a strong run over the past few years, yet the stock still screens as attractively priced on broad valuation checks. This raises the question of how much of its recent strength is already reflected in the share price. Over 5 years, ExxonMobil Holdings has returned 180.2%, which puts current pricing in the context of a long, powerful compounding run. Investor expectations today are shaped by higher crude prices and earnings momentum on one side, while production...
In the closing of the recent trading day, Exxon Mobil Holdings (XOM) stood at $137.46, denoting a -2.6% move from the preceding trading day.