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The Latest Breaking News from Exxon Mobil

Oil Prices Jump As Saudi Arabia Rattles Short Sellers

Oil prices popped Monday following Saudi Arabia's decision to cut oil production.

Investors Business Daily

Is Exxon Mobil (XOM) Worth Holding?

While the U.S. debt ceiling deal and potential production cuts by the OPEC+ alliance have fueled investor confidence, oil producer Exxon Mobil (XOM) has experienced a notable decline in its stock price over the past months. So, is the stock worth holding? Keep reading to find out.

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

From analysis to the latest developments in health,
read the most diverse news in one place.

3 Calendar Spread Trade Ideas For This Wednesday

Calendar spreads are an option trade that involves selling a short-term option and buying a longer-term option with the same strike. Traders can use calls or puts and they can be set up to be neutral, bullish or bearish with neutral being the most common. When doing bullish calendar spreads,...

Barchart

Exxon Mobil settles Indonesian torture case after more than 20 years

Indonesian villagers — who allege they were subjected to torture, sexual assault, beatings and watching their loved ones being shot by Indonesian soldiers contracted by ExxonMobil in 2001 — agree to a settlement. WARNING: This story contains details some readers may find distressing.

ABC News

Is Now a Good Time to Scoop Up Shares of Exxon Mobil?

Shares of Exxon Mobil has dropped more than 5% in the past week, due to falling oil prices. Now could be a good time to scoop up shares of the massive oil and gas company.

Barchart

Options Combination on Exxon Mobil Stock Could Provide a Nice Entry Point

Exxon Mobil (XOM) stock was down 4% today in above average volume. By using a combination of option strategies, we could potentially buy the stock for a significant discount, or achieve a healthy profit if the stock trades sideways.

Barchart

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Amazon Leads 5 S&P 500 Stocks Near Buy Points After Earnings

Amazon is among S&P 500 stocks holding near buy points after surviving some volatility around earnings, removing a key risk.

Investors Business Daily

Chevron And Exxon Mobil Beat Earnings Estimates Even As Revenue Slips From 2022 Levels

Chevron dropped early Friday while Exxon Mobil advanced after the energy giants posted better than expected Q1 financials.

Investors Business Daily

Why Would Exxon Mobil Be Interested in Acquiring Pioneer Natural Resources?

Last week rumors swirled that Exxon Mobil could be eyeing a takeover of Pioneer Natural Resources.

Barchart

Exxon’s Potential Pioneer Deal: Short-Term Gains for Long-Term Pain

Exxon Mobil is hunting for more Permian Basin assets. That’s why informal talks with Pioneer Natural Resources are happening. The move might seem like a natural for XOM, but it could turn out to be one acquisition too many. Here’s why.

Barchart

Stocks Shake Off Early Losses on Economic Optimism

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.09%. Stock indexes Monday recovered from early losses and settled...

Barchart

Slide in Technology Stocks Leads the Overall Market Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.23%. U.S. stock indexes this morning are moderately lower, led...

Barchart

Pioneer Natural Resources Jumps On Reported Exxon Takeover Talks

Pioneer Natural Resources jumped Monday after the Wall Street Journal reported Exxon Mobil has held early talks in buying the Permian Basin shale giant.

Investors Business Daily

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Barchart

Markets Today: Stock Indexes Fall on Weakness in Tech Stocks

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.79%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.95%. U.S. stock index futures this morning are moderately lower, led by losses in technology stocks. Apple is down more than -1% in pre-market trading after its...

The Independent UK

Asian shares mixed as surging oil prices fan inflation fears

Shares are mostly higher in Asia as investors watch for the latest moves by central banks

Investors Business Daily

Chevron, Energy Stocks Surge After OPEC+ Surprise Production Cut

Energy stocks rallied with oil prices Monday after OPEC+ announced a surprise production cut Sunday.

Kiplinger

ETF Funds for Anti-ESG Investors

A new crop of anti-ESG ETF funds offers an alternative to investments that focus on environmental, social and corporate governance issues.

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The Independent UK

Chad nationalizes assets by oil giant Exxon, says government

Chad's government said it was nationalizing all assets from multinational oil giant, Exxon Mobil, including hydrocarbon and exploration permits

Investors Business Daily

BP Stock Jumped 20% After Trimming Climate Targets — A Black Eye For ESG Investing?

BP shook up its carbon reduction strategy after lagging behind U.S. energy stocks for years. What does this mean for ESG?

Los Angeles Times

Companies are diversifying their corporate boards. But Latinos are left behind

Cisco Systems, the multinational tech giant based in San Jose, has no Latino on its board of directors.

Investors Business Daily

Is It Time To Buy Or Sell ExxonMobil Stock As It Breaches A Resistance Level?

ExxonMobil reclaimed a critical moving average. Is now the time to buy shares?

Investors Business Daily

Chevron, Exxon Mobil Falter As Oil Prices Skid To 15-Month Lows

U.S. oil prices dropped Wednesday to their lowest levels since December 2021 and energy stocks responded.

The Independent UK

Exxon Mobil sued as 5 nooses displayed at Louisiana facility

The U.S. government says Exxon Mobil violated federal law for failing to take sufficient action as five hangman's nooses were displayed at a facility in Baton Rouge, Louisiana

Tribune News Service

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.

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