Exxon (XOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Exxon Mobil (XOM) closed the most recent trading day at $99.67, moving -1.24% from the previous trading session.
The U.S. Supreme Court denies ExxonMobil (XOM), Koch Industries' plea to move climate lawsuit, reinforcing state courts' role in climate-related legal battles.
Keeping an eye on insider trading activity in major corporations has become an indispensable task for analysts and investors.
Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from those assets could take some tim
Oil prices averaged just under $78 a barrel in 2023. Wall Street banks expect similar oil prices in 2024 -- and based on that, the big U.S. oil companies are trading at a cheap forward P/E ratio.
Last October, Exxon Mobil rewarded shareholders with its 41st consecutive annual dividend raise. The company's results were better than the steep declines in Q3 revenue and profits indicated. Exxon Mo
The Health Care Select Sector SPDR Fund NYSEARCA: XLV, which has both growth and defensive characteristics, was the leader in the first week of the year. Top sector performers included Moderna Inc. NA
ExxonMobil (XOM) expects a decrease in Q4 earnings due to lower oil prices, partially offset by higher natural gas prices.
ExxonMobil (XOM) warned it would incur a $2.4 billion to $2.6 billion impairment charge for the fourth quarter, mainly because of the shutdown of a unit in Southern California.

Equity CEFs/ETFs: Top Picks For 2024 - Part II

11:01am, Friday, 05'th Jan 2024
In Part I of my Top Picks For 2024, I explained why we saw such extreme valuation losses in most equity CEFs in 2023 and what that could-mean for 2024. In my opinion, liquidity was the over-riding fac
The country's two supermajor oil companies have announced big impairment charges that will be included in their fourth-quarter results.

Exxon flags $2.6bn write down in California

07:18am, Friday, 05'th Jan 2024
Exxon Mobil Corporation (NYSE:XOM) is prepared to write down some $2.6 billion for its Californian assets which include fields out of action since 2015. The Santa Ynez project was taken offline amidst
APA Corporation is acquiring Callon Petroleum in a $4.5 billion deal. It follows the same blueprint of recent deals by Exxon and Occidental.
Exxon Mobil late Thursday flagged it might write down the value of its California assets by as much as $2.6 billion.
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