ExxonMobil's merger with Pioneer is boosting its presence in the Permian Basin. Chevron's merger with Hess gives it access to promising offshore reserves in Guyana.
U.S. Senate Majority Leader Charles Schumer on Wednesday urged the U.S. Federal Trade Commission to consider possible anti-competitive harms stemming from recent multi-billion dollar acquisitions by o
Oil stocks are back in focus, with the ongoing Israel-Hamas war pushing oil prices higher on fears of a wider conflict in the Middle East that could disrupt supplies. Further, the recently announced m
Denbury said on Tuesday its shareholders approved the company's merger with Exxon Mobil , with the deal closing expected on Nov. 2.

3 Oil Stocks Making Big Moves in Q4 2023

01:41pm, Tuesday, 31'st Oct 2023
Oil markets got spooked this week, right in time for Halloween. On Monday, World Bank economists warned that oil prices could peak close to $150 per barrel.
Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
AbbVie Inc. (ABBV), Exxon Mobil Corporation (XOM), Kontoor Brands, Inc. (KTB), Select Water Solutions, Inc. (WTTR) and Macatawa Bank Corporation (MCBC) recently hiked dividends.
The answer to whether Exxon Mobil NYSE: XOM or Chevron NYSE: CVX is a better buy is relative. Exxon was clearly the better buy for investors before the Q3 results were released, but now that those res
In mid-2020, the 60/40 worked as well as it was supposed to. Investors who held on through the early Covid market decline saw a fast rebound to a bull market, while long-term Treasuries fell to record
It was only a few weeks ago when Exxon Mobil (NYSE: XOM ) agreed to acquire shale oil driller Pioneer Natural Resources (NYSE: PXD ). With that, Exxon Mobil is set to become a mammoth petroleum jugger
Massive mergers between 4 major oil companies have been announced in October alone — Chevron's (CVX) proposed buyout of Hess (HES) for $53 billion, ExxonMobil's (XOM) acquisition of Pioneer Natural
Higher oil prices provided a big boost to Exxon's third-quarter earnings and free cash flow. The company's strong and growing free cash flow enabled it to increase its dividend again.
Exxon Mobil is a dividend zombie, having paid uninterrupted dividends for 141 years. Despite missing Q3 earnings estimates, Exxon Mobil's share price rose due to a 9.5% increase in revenue from the pr
ExxonMobil restarted the coker on Thursday night at its 522,500 barrel-per-day (bpd) Baton Rouge, Louisiana refinery, people familiar with plant operations said on Friday.
Oil (BZ=F, CL=F) rose this week on escalations in the Middle East. Solar stocks, on the other hand, saw a their shares prices decline despite the green energy push, with some companies saying they exp
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