Exxon Mobil Corp. (XOM, Financial) is an energy sector powerhouse that works with immense resources and strategic investments to propel its growth for the long term. In an ever-changing market landscape, the stock brings stability and resilience to any type of investor. A decrease in oil prices following the conflict in Ukraine meant that revenue decreased in 2023 compared to 2022, but Exxon Mobil has continued to maintain its strong financial position as well as open up new growth opportunities. A strong b ...

ExxonMobil is selling some noncore assets to sharpen its focus on its best assets.ExxonMobil (XOM -0.99%) closed its roughly $60 billion megadeal for Pioneer Natural Resources in May. The transformational transaction will double its footprint in the resource-rich Permian Basin. It will also give it the fuel to grow its production to 2 million barrels of oil equivalent per day (BOE/d) by 2027, up from 1.3 million BOE/d after closing the deal. The Pioneer transaction will also enable ExxonMobil to high-grade ...

ExxonMobil Corporation (XOM) ), the U.S. energy giant, is reportedly looking to sell a package of conventional oil assets in the Permian Basin, aiming to streamline its portfolio and focus on shale production. The transaction could potentially fetch around $1 billion, depending on oil prices at the time of the sale, according to a Bloomberg report.XOM Puts Some Permian Assets on the BlockThe assets are located in the Central Basin of the Permian, spanning across West Texas and Southeast New Mexico. These in ...

Exxon Mobil Corporation (XOM) forecasts that global crude oil demand will remain robust, exceeding 100 million barrels per day (bpd) through 2050, per a Reuters report.This outlook, significantly higher than BP plc's (BP) projection, underscores ExxonMobil’s aggressive production strategy, distinguishing it from its European counterparts. ExxonMobil, the largest U.S. oil company, revealed its latest global oil outlook, marking a substantial increase from BP's more conservative estimates.ExxonMobil’s product ...

Resistance levels are a large concentration of traders and investors who are looking to sell their shares at, or close to, the same price. The “level” is typically more of a range than a particular price.Sometimes these levels and ranges are clear and well-defined. As you can see on the following chart, that is the case with the $119.75 level for Exxon Mobil Corp XOM. This is why it's the Stock of the Day.Markets are driven by supply and demand. If there is more demand (buy orders) than supply (sell orders) ...

Oil and natural gas will still make up more than half of the world's energy mix in 2050 despite efforts to transition away from fossil fuels, according to a forecast published by Exxon Mobil on Monday.Fossil fuels currently represent about 80% of the world energy mix, according to the Paris-based International Energy Agency. Oil demand will plateau after 2030 but remain roughly at current levels of more than 100 million barrels per day through 2050, according to Exxon's forecast.Stubborn oil and gas demand ...

文章核心观点 - 分析师给出的股票评级建议对投资者选股并不可靠 [6][7][8] - 分析师倾向于给予积极的股票评级,存在利益冲突 [7][12] - 相比分析师评级,Zacks Rank是更可靠的股票评级指标 [9][13][14][15] 公司概况 - 埃克森美孚(XOM)目前的平均券商评级(ABR)为1.87,介于强烈买入和买入之间 [3] - 23家券商中有13家给予强烈买入评级,占56.5% [4] 行业分析 - 分析师给出的积极评级往往不能准确预测股价走势 [6][8] - 埃克森美孚最近一个月的盈利预测已下调2.7%,分析师对其盈利前景持悲观态度 [16][17] - 综合多方面因素,埃克森美孚目前的Zacks Rank为5级(强烈卖出) [18]

JHVEPhotoExxon Mobil (NYSE:XOM) generated a considerable amount of free cash flow from its operations in the second quarter and guided for $20B of annual stock buybacks until the end of next year. Exxon Mobil still benefits from petroleum prices in the $70s price range and will likely continue to generate a lot of free cash flow from its production assets going forward, especially after the company's $60B acquisition of Pioneer Natural Resources, which has already started to make a positive production i ...

ExxonMobil Corporation (XOM) ), the U.S. energy giant, is poised to further expand its oil operations in Guyana with a development plan for its seventh offshore project, Hammerhead, per a Reuters report. The plan is set to arrive by the first quarter of 2025. Guyana's Natural Resources minister, Vickram Bharrat, made this announcement, signaling another major leap in the South American nation’s journey toward establishing itself as a key player in the global oil market.Guyana has quickly emerged as the worl ...

apomares/E+ via Getty Images Exxon Mobil Corporation (NYSE:XOM) is the second largest publicly traded oil company in the world, behind Saudi Aramco. We discussed the company's lofty valuation in our last article, and the company's valuation remains high. However, with the potential to continue growth and drive long-term returns, Exxon Mobil is a valuable investment. Exxon Mobil Quarterly Performance Exxon Mobil had strong quarterly performance versus its market capitalization of $520 billion. Exxon Mobil In ...