Exxon Mobil Corp.

In recent news, Exxon Mobil Corp. (NYSE:XOM) is said to be in the midst of finalizing a takeover deal with Pioneer Natural Resources Co. (NYSE:PXD). The speculated transaction could see shares of Pioneer being purchased for more than $250 each. What Happened: As reported by Bloomberg, the all-stock...

Exxon Mobil Corp. (NYSE: XOM) has been struggling below resistance near $119 as it forms a follow-on base after undercutting previous structure lows. The stock has been quietly rallying in recent weeks, notching small weekly gains in above-average turnover. Its one-month return is 5.19%, which is...

Exxon Mobil Corp. (NYSE: XOM) is one of the top-performing companies in the United States since the stock market and oil prices crashed in March 2020, at the height of pessimism during the early stages of the Covid-19 pandemic. Few people today will recall that on April 20, 2020, as a result of an...

Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX), the two largest oil corporations in the U.S. by market capitalization, are showing better-than expected earnings per share (EPS) and revenues, although the top lines softened from the preceding quarter.  Exxon shares were up 1.8%,...

Exxon Mobil (NYSE: XOM) and Chevron Corp. (NYSE: CVX), U.S.’ largest oil companies, were among the first to take the hit from the new Russia– Saudi Arabia price war. Namely, Russia and Saudi Arabia, entered a war on oil production. Both oil giants are nothing less than determined to...

In this episode, oil expert John Kingston dives into diesel prices and the ExxonMobil Corporation (NYSE: XOM) stock price, FreightCaster Kyle Cunningham delivers the carrier update presented by PowerFleet, and Market Expert Zach Strickland talks to brokers about the Little Rock and Harrisburg...

Brent crude oil slid back below $98 to start the week as investors shrugged off the possibility of OPEC cutting supplies and instead focused on the deteriorating global economy. The commodity traded at $97.86 at 4:30 GMT despite growing tension in Eastern Europe and the Middle East. Economic...

The U.S. Federal Open Market Committee is set to have a two-day policy meeting next week against a backdrop of geopolitical tension and the U.S. earnings season. The Fed meeting has investors speculating about whether the bank will provide any insight into its plans to raise interest rates,...

With the State Department’s release of a report Friday concluding the Keystone XL pipeline would not substantially worsen carbon pollution, the Obama administration apparently had one less reason for not approving the project. Last summer, the President said he would approve the 1,700-mile...

On Monday, Supreme Court justices let a lower court ruling stand that rejected an attempt by the American Petroleum Institute and others to block sales of E15 or “high ethanol” gasoline according to Farm Futures. In saying it would not address the D.C. Circuit Court’s decision, the Supreme...

President Barack Obama’s proposed $3.8 trillion budget is designed to cut the deficit by $600 billion over 10 years, after factoring in the negation of cuts already enacted under the sequester according to The Associated Press. Depending on the framework of the final budget, some businesses...