XOM Stock Recent News
XOM LATEST HEADLINES
The acquisition of Pioneer Natural boosts XOM's production capabilities in the Permian Basin due to its exceptionally low production costs.
XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as highlighted by XOM?
The recent downgrades in EPS/revenue revisions for Exxon's Q4 earnings (and beyond) increase the odds of another beating, in my opinion. The Company's Q3 2024 financials showed stable revenue and strong segment performance, with significant cost savings and solid margins. XOM continues to reward shareholders with a 4% YoY dividend increase, maintaining a strong track record of total shareholder returns.
XOM's most recent insider activities signal excellent entry points. These activities are unusual in several ways and thus should be a key consideration for potential investors. The current stock price is essentially the same as the price at which the most recent insider purchase was made (of around $109).
Investors love dividend stocks, especially the blue-chip variety, because they offer a significant income stream and have massive total return potential.
When investors want to profit from a company's stock swing, they typically only think of buying the underlying shares of stock and then hoping for their optimistic thesis to be proven right in the form of higher prices so that they can sell their shares at a profit and walk away a winner. There is, however, another way that traders often profit from their views on a stock, which is by utilizing leverage through another financial product.
Passive income may not be at the top of one's mind when the broader indexes are posting jaw-dropping gains. But dividend-paying companies can be a perfect fit for investors looking to help supplement income in retirement, or anyone searching for more value-focused stocks in 2025.
With investment themes like cryptocurrency adoption, sending rockets to Mars, and using artificial intelligence to find cures for some of the world's most intractable diseases, the idea of investing in blue-chip stocks can seem boring. But boring stocks can be beautiful for your portfolio.
Global warming isn't just a "woke" issue; it has real financial implications for energy investments. DOGE has lofty and worthy goals, but the reality is that Congress controls the purse strings. Delayed Onset Tariff Syndrome (DOTS) will impact global trade and investment strategies. Exactly how remains in question.
Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation XOM from $125 to $123 ahead of the company's fourth-quarter results, which will be reported on January 31, 2025.