The Latest Breaking News from Exxon

Exxon Mobil's shares opened this morning under modest pressure, trading around $114.69, reflecting a slight pull-back as investors digest its third-quarter earnings.

Exxon Mobil Corp (NYSE:XOM) shares were little changed Thursday afternoon as the market paused ahead of the energy giant's third-quarter earnings release, scheduled for before the opening bell on Friday. Here’s what investors need to know.

Exxon Mobil Corp (NYSE:XOM) shares are trading marginally higher Thursday, benefiting from a sector-wide rally after the U.S. imposed new sanctions on Russian oil giants Rosneft and Lukoil. The news sent West Texas Intermediate (WTI) crude futures soaring over 5% to above $61 a barrel.

Exxon Mobil Corporation (NYSE:XOM) reportedly sold 4 million barrels of Guyanese crude oil to Indian Oil Corp. and Hindustan Petroleum Corp. in India.

One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst

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The announcement comes six weeks after a judge struck down the local school district’s decision to give Exxon a tax break for the $10 billion plant in Calhoun County.

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Crude oil may rise on OPEC+ cuts and seasonal demand. Exxon, Chevron, and Schlumberger are well-positioned for investors seeking energy upside