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The Latest Breaking News from Exxon

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

8 IPOs, 14 Dividend Stocks, Plus Earnings Give Investors A Workout

As top dividend stocks ExxonMobil, BP, Shell and VICI get tested, ONON stock and seven other IPO stocks show strength.

Investors Business Daily

Exxon's Earnings Impress Investors, Making It Popular with Value Investors

Exxon's earnings, released on Friday, April 28, came in much better than expected by analysts. That is making XOM stock popular with value investors, especially those shorting puts for income.

Barchart

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Exxon's Earnings Impress Investors, Making It a Popular with Value Investors

Exxon's earnings, released on Friday, April 28, came in much better than expected by analysts. That is making XOM stock popular with value investors, especially those shorting puts for income.

Barchart

BP, Energy Stocks Sink, As Oil Prices Dive To $72 On Recession Concerns

Energy stocks sank Tuesday as U.S. crude futures tumbled amid interest rate hike concerns, adding to the murky 2023 outlook for oil prices.

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

US supreme court denies oil companies’ bid to move venue of climate lawsuits

Justices turn away appeals of lower court decisions that determined lawsuits belong in state, not federal, court

The Guardian - US

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How rich are the US Supreme Court justices?

WASHINGTON — The nine Supreme Court justices in total are worth at least $24 million. Or it might be closer to $68 million.

Tribune News Service

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

Toyota, Exxon Working On Low-Carbon Fuel For Existing Engines

These fuel blends could cut greenhouse gas emissions by as much as 75% compared with regular gasoline.

Motor1

Exxon CEO’s pay rose 52% to nearly £30m amid Ukraine war, figures show

Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firm

The Guardian - UK

First Thing: US seeks to mend ties with key allies after Pentagon leaks

Defence secretary speaks to South Korean counterpart after leak suggesting US was spying on Seoul’s internal discussions on arms sales. Plus, the man who walked around the world

The Guardian - UK

Exxon’s new ‘advanced recycling’ plant raises environmental concerns

Advocates warn plants like the latest addition to the Texas complex generate hazardous pollutants and provide cover for oil giants to produce new plastic products

The Guardian - US

Investors Shorting Out-of-the-Money Exxon Put Options Are Still Making Good Money

Exxon stock has done well over the last month, making money for investors who shorted puts in out-of-the-money (OTM) puts. This trade still looks good with strong oil and gas prices.

Barchart

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The Guardian - US

Exxon in the classroom: how big oil money influences US universities

Students at Princeton describe unease that Exxon employee had an office on campus, while dozens of universities have big oil links

Salon

How Exxon’s climate projections fared

In the 1980s, a group of Exxon scientists predicted climate change with uncanny accuracy

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

Kiplinger

Best Defensive Stocks to Buy Now

Investors are concerned about tariffs, inflation, interest rates and economic growth. The best defensive stocks can protect your portfolio against these risks.

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Salon

Biden urges SCOTUS on climate suits

Big Oil has long counted on corporate-friendly federal courts to get rid of climate suits

The Guardian - US

Big oil firms touted algae as climate solution. Now all have pulled funding

Insiders aren’t surprised as ExxonMobil, the last remaining proponent of green algae biofuel, ends research

The Guardian - US

Biden administration sides with climate lawsuit against fossil fuel companies

DoJ brief argues that Colorado case against energy giants ExxonMobil and Suncor should be heard in state court instead of federal

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 Guardian - UK

Saudi Aramco’s $161bn profit is largest recorded by an oil and gas firm

Amnesty International hits out at ‘shocking’ annual figure reaped through sale of fossil fuel

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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