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The Latest Breaking News from Exxon Mobil Corp

Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims

Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups

The Independent UK

California’s Carbon Deadline Is Approaching. Meeting It Will Take Hundreds of Miles of Pipelines.

Plans call for millions of tons of carbon dioxide to be piped across the state to the Central Valley and Sacramento delta for burial.

Capital & Main

Exxon Mobil Corp. (XOM) vs. ChampionX (CHX): Which Energy Stock Should You Invest In?

Despite oil supply cuts and geopolitical conflict, the demand for oil and gas is expected to remain robust. Energy stocks Exxon Mobil (XOM) and ChampionX (CHX) are well-positioned to benefit from the industry tailwinds. However, which of these stocks is a better investment? Read more to find out.

StockNews.com

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Exxon Mobil Corp. (XOM) vs. Baker Hughes (BKR) - Energy Stock Q4 Predictions

An increasing oil and gas demand, coupled with supply constraints, can potentially keep escalating oil prices, providing sustained momentum to participants within the energy sector in the upcoming months. Given this backdrop, let’s compare energy stocks Exxon Mobil (XOM) and Baker Hughes (BKR) to ascertain which of the two has…

StockNews.com

Exxon to buy Texas energy company Denbury for $4.9 billion

Exxon Mobil Corp. will spend $4.9 billion to acquire Plano, Texas-based pipeline operator Denbury Inc., a move the world’s largest energy company says it will use to further its carbon solutions business.

Tribune News Service

How Should You Trade Exxon Mobil Corp. (XOM) in July?

Leading oil company Exxon Mobil (XOM) reported better-than-expected earnings in the first quarter of 2023, primarily due to higher oil and gas production. However, oil prices are dropping lately as demand concerns overshadow recent supply cuts. As crude oil prices could pull back XOM, let’s find out how investors should…

StockNews.com

More than two dozen cities and states are suing Big Oil over climate change – they just got a boost from the US Supreme Court

Honolulu has lost more than 5 miles of its famous beaches to sea level rise and storm surges. Sunny-day flooding during high tides makes many city roads impassable, and water mains for the public drinking water system are corroding from saltwater because of sea level rise.

The Conversation

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Exxon sued by US after five nooses found at Louisiana plant

The U.S. government sued Exxon Mobil Corp. for racial discrimination against a Black employee after the company allegedly failed to adequately respond to the appearance of five hangman’s nooses at a Louisiana petrochemical plant over several years.

Tribune News Service

Exxon Mobil, Chevron Shares Continue Rally Following Q3 Earnings, But Which Oil Stock Do Wall Street Analysts Prefer?

U.S. oil majors Exxon Mobil Corp (NYSE: XOM) and Chevron Corporation (NYSE: CVX) both reported impressive third-quarter numbers last week, with each company beating consensus earnings estimates by roughly 15%.

Benzinga

Exxon, Chevron reap $31 billion profit from energy crunch

Exxon Mobil Corp. and Chevron Corp. amassed more than $30 billion in combined net income as politicians blast Big Oil for raking in massive profits at a time when consumers are struggling with soaring inflation and energy shortages worldwide.

Tribune News Service

Exxon, Chevron Post Record Revenues

The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue in Q2 2022 on Friday. With crude surging above $100 a barrel shortly after the Russian invasion on Ukraine, and refining margins climbing due to tight plant capacity, ExxonMobil reported $17.9 billion in profits and…

Asharq Al-Awsat

Why Exxon Mobil Shares Are Diving Again Today

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.72% to $82.51 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

What's Going On With Exxon Mobil Shares Falling Today?

Exxon Mobil Corp (NYSE: XOM) shares are trading lower by 2.42% to $85.43 during Tuesday's trading session. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

What's Going On With Exxon Mobil, Marathon Oil, BP And Shell Shares Today?

Exxon Mobil Corp (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO), BP plc (NYSE: BP) and Shell PLC (NYSE:

Benzinga

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Benzinga

Why This Exxon Mobil Analyst Expects Big Oil Stock To Deliver 'Excellent Returns'

While many energy majors have cut back on investments in oil and gas, Exxon Mobil Corp (NYSE: XOM) expects the demand for fossil fuels to grow at least in the medium term and has continued to invest in “some of the most attractive oil & gas projects globally,” according to…

Tribune News Service

Refiners led by Exxon face Biden’s wrath as profits explode

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambastes the industry for closing plants.

Benzinga

Traders Expect Exxon Mobil Rally To Continue

Shares of Exxon Mobil Corp (NYSE: XOM) has risen by almost 63% year to date.

Benzinga

Why Exxon Mobil Looks Set For All-Time Highs As Gas Prices Soar

Exxon Mobil Corp (NYSE: XOM) was shooting up more than 4% higher on Tuesday after two analysts raised their price targets on the stock.

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Benzinga

Why Exxon Mobil Stock Hit 52-Week Highs Today

Exxon Mobil Corp (NYSE: XOM) shares are trading higher Tuesday following bullish analyst coverage.

Benzinga

Exxon Mobil Q1 Key Takeaway: Below Consensus, Takes Hit From Russia, Triples Share Buybacks

Exxon Mobil Corp (NYSE: XOM) took a $3.4 billion after-tax charge related to its Sakhalin-1 operation in Russia.

Benzinga

Walmart+ Offers Fuel Discount To Members

Walmart Inc (NYSE:WMT) said members of its Walmart+ program would receive an instant discount of up to 10 cents on every gallon of fuel they purchase at participating fuel stations. Walmart+ fuel discount is available at more than 14,000 stations with the addition of 12,000 Exxon Mobil Corp (NYSE:XOM) Exxon and Mobil locations across the…

Benzinga

Why RBC Capital Upgrades Exxon Mobil, Downgrades Chevron

Exxon Mobil Corp (NYSE: XOM) is the largest oil company by market capitalization and the biggest of the “Super-Majors,” which includes Chevron Corporation (NYSE: CVX), according to RBC Capital Markets.

Benzinga

BofA On Exxon's Record Earnings Guidance

Exxon Mobil Corp’s (NYSE: XOM) latest 8-K filing for the first quarter of 2022 indicates another robust sequential earnings growth, according to BofA Securities.

Tribune News Service

Fire at Exxon Mobil refinery in Montana shuts down some units

A fire broke out at an Exxon Mobil Corp. refinery in Montana and was extinguished early Sunday, the company said, and the units involved have been shut while crews stabilize operations.

Benzinga

Here's Why BP And Exxon Mobil Shares Are Rising

Shares of several companies in the energy sector, including BP plc (NYSE: BP) and Exxon Mobil Corp (NYSE: XOM), are trading higher amid a rise in oil prices as EU nations consider joining the US in a Russian oil emba

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