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Why Exxon Mobil Stock Just Hit a New 52-Week High While Oil Prices Tanked 20%
Exxon Mobil (NYSE:XOM) shares reached a new 52-week high yesterday, closing amid a resurgence in investor confidence. In April, the oil and gas giant succumbed to significant pressure after President ...
HOUSTON — Top oil producers ExxonMobil and Chevron are expected to report their lowest earnings in four years when they release second-quarter results on Friday, as weaker oil and gas prices slashed ...
ExxonMobil (NYSE: XOM) recently provided investors with a sneak peek at its second-quarter financial results. The oil giant revealed that it expects its profit to decline by $1.5 billion compared to ...
Muneshwers wharf in Guyana serves Exxon and its partners. Exxon boosted oil and gas production in Guyana to 700,000 barrels a day. (Oscar B. Castillo for WSJ) Exxon Mobil and Chevron posted lower ...
Exxon Mobil and Chevron are boosting production, led by strong output from the Permian Basin and Guyana, even as oil prices are expected to decline. The two major oil companies have reported an ...
Exxon Mobil trades near fair value with growth from Guyana and Permian projects, a 3.6% dividend, and a strong balance sheet.
The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter. Officials with Exxon Mobil and Shell warned investors Monday that volatile ...
Oil prices surged Wednesday, jumping off multiyear lows after President Donald Trump ordered a “total and complete blockade” ...
Exxon Mobil ( XOM) is slashing about 2,000 jobs worldwide as part of a planned reorganization, the latest sign of cutbacks at several major oil companies have reduced their workforces in recent months ...
Exxon expects that its earnings will decline by $1.5 billion in the second quarter. The oil giant will likely still post industry-leading profitability. It expects its earnings to grow meaningfully by ...
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