Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation (NYSE:XOM) from $125 to $123 ahead of the ...
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices measured by the U.S. WTI ...
Exxon Mobil Corp.’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
The lawsuit comes after the FTC officially filed a consent decree alleging former Pioneer Natural Resources Chief Executive Scott Sheffield had attempted to ...
Big Oil companies are preparing for lower profits from LNG trade due to stabilizing prices after a period of high volatility.
President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling ...
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...
Energy investors concerned with an overbought stock market will want to look at these large-cap integrated giants that offer ...
Though oil prices have moderated in the last year to level out in the high-$60s-mid-to-high-$70s/bbl, Exxon continues realizing improved value through the utilization of higher quality assets.
Exxon Mobil Corp.’s stock fell 1.4% Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices measured by the U.S ...
Exxon and Chevron are avoiding overexpansion ... expect either company to aggressively ramp up spending just because oil prices are going up. Rather, the focus is to turn a profit even during ...