Exxon Stock News

Stocks that traded heavily or had substantial price changes Tuesday: Goldman Sachs, Hain Celestial fall; Activision, Exxon rise

Exxon Mobil Corp. (XOM) shares closed today at 0.4% below its 52 week high of $72.15, giving the company a market cap of $304B. The stock is currently up 17.5% year-to-date, up 59.3% over the past 12 months, and up 6.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 7.2% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Energy industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 6.7% The company's stock price performance over the past 12 months beats the peer average by 32.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Exxon Says It''ll Reach Net-Zero Carbon Emissions By 2050 In a bold statement from an oil and gas major, Exxon has come out and pledged that it will be at net zero carbon emission by 2050. The pledge helps Exxon keep pace with rivals, according to CNBC , and also helps appease activist investors who have focused on Exxon''s carbon footprint and ESG score as an investment for the last few years. The pledge applies to Scope 1 and Scope 2 greenhouse gas emissions, Bloomberg added, stating that the company had "identified more than 150 potential steps and modifications that can be applied to assets in its upstream, downstream and chemical operations." Exxon Chief Executive Officer Darren Woods said this week: We are developing comprehensive roadmaps to reduce greenhouse gas emissions from our operated assets around the world." Exxon says it is working with our partners to achieve similar emission-reduction results. Recall, in December, we noted that Exxon was on track to meet its 2025 emissions goals 4 years in advance.

Oil prices are trading at their highest level in years, but the move could be short lived.

Exxon Mobil (XOM) announces its "ambition" to achieve net zero greenhouse gas emissions from its operations by 2050, saying it has identified more than 150 potential steps and

The target does not account for the climate impact of its customers and suppliers, leaving the company lagging the commitments of some of its rivals.

Exxon Mobil Corp. (XOM) shares closed today at 0.4% below its 52 week high of $72.15, giving the company a market cap of $304B. The stock is currently up 17.5% year-to-date, up 51.6% over the past 12 months, and up 8.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 6.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Energy industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 6.7% The company's stock price performance over the past 12 months beats the peer average by 34.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Halliburton says not buying Exxon stake in Iraqi oilfield Reuters

As the race to end carbon energy heats up, the U.S. energy giant Exxon Mobil just completed a deal t

Stocks Analysis by Zacks Investment Research covering: TechnipFMC PLC, Exxon Mobil Corp, TechnipFMC PLC, Murphy USA Inc. Read Zacks Investment Research''s latest article on Investing.com

Dublin, Jan. 14, 2022 (GLOBE NEWSWIRE) -- The "Petrochemicals Market Size, Share & Trends Analysis Report By Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), By Region (North America, Europe, APAC, Latin America), And Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com''s offering. The global petrochemicals market size is estimated to reach USD 860.8 billion by 2028. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. The market is largely driven by rising demand for downstream specialty chemicals and plastic manufacturing. The market is expected to witness steady growth over the forecast period owing to increasing demand from end-use industries such as construction, industrial, textile, medical, pharmaceuticals, consumer good automotive, and electronics. Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products. The volatile prices of crude oil are a major challenge in the procurement process of crude oil as a raw material for product manufacturers.

US Gov''t Spent $1.1B On Failed Carbon Capture Projects In A Decade Authored by Tsvetana Paraskova via OilPrice.com, The U.S. Department of Energy has spent $1.1 billion on 11 carbon capture projects at coal-fired power plants and industrial facilities since 2009, most of which turned out to be failures and were never built, the U.S. Government Accountability Office (GAO) said in a recent report . The Department of Energy provided almost $684 million to eight projects for carbon capture at coal plants, only one of which resulted in an operational facility, the GAO found. Three projects, including two prior to receiving funding, were withdrawn, and one was built and entered operations, but halted operations in 2020 due to changing economic conditions. The DOE terminated funding agreements with the other four projects prior to construction. Project documentation indicated and DOE officials and project representatives told GAO that economic factors - including decreased natural gas prices and uncertainty regarding carbon markets - negatively affected the economic viability of coal power plants and thus these projects, the GAO said in its report.

ExxonMobil broke out above resistance on Jan. 4, and the stock has continued on its upward trajectory. Consider this bull put spread trade.

Top US oil producer ExxonMobil has confirmed the sale of US shale gas properties stretching acr