The Latest Breaking News from Exxon

BP stock soared on reports that it is in discussion with Shell for the biggest industry merger in more than two decades.

Exxon stock is still well below many analysts' price targets. Based on its strong free cash flow, XOM stock is worth at least $127 per share, or 11% more. Moreover, shorting out-of-the-money (OTM) puts provides a potential lower buy-in.

While drivers may have a favorite gas station, many are not above just going to the nearest one in a pinch. However, that may be a habit you want to halt because, according to one mechanic, where you get your gas from is important. 

ExxonMobil had a mixed quarter in Q1, but positioning and increased production sustained cash flow and the capital return for 2025.

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud with each other.

ExxonMobil reported strong free cash flow compared to last quarter. As a result, value investors are attracted to XOM stock, given its 3.7% yield and low P/E multiple. Moreover, out-of-the-money short-put plays have high yields.

Officials at a rural school district voted on Tuesday to begin developing a tax break agreement intended to draw Exxon to their stretch of the Gulf Coast north of Corpus Christi.

Exxon Mobil and Chevron reported first-quarter earnings and revenue early Friday.

The U.S. Supreme Court in March 2025 ended a decade-old lawsuit filed by a group of children who sought to hold the federal government responsible for some of the consequences of climate change. But just two months earlier, the justices allowed a similar suit from the city and county of…