Key Points in This Article: Holding onto stocks that have significantly appreciated, rather than cashing out for short-term gains, preserves long-term portfolio growth and avoids capital gains taxes.
Exxon Mobil is poised for renewed growth, driven by its dominant positions in the Permian Basin and Guyana, following the Pioneer acquisition. The company's integrated model and capital discipline pro
Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, cannot directly challenge a Biden-era order barring him from ExxonMobil's board after its acquisition of Pioneer, the Federal
XOM edges up 1.6% in a year, but falling crude prices and weak Q2 outlook weigh on its upstream-heavy earnings.
XOM, BP, and Shell face weaker upstream results, but refining strength could steady Q2 earnings across Big Oil.
Ben Cook spotlights energy, expecting $60 a barrel for crude oil by year end, and higher next year. He also thinks the natural gas story is “very strong,” particularly with energy demand from the
The U.S. Energy Department on Friday said it would provide up to 1 billion barrels of crude oil from the Strategic Petroleum Reserve to help support ExxonMobil's efforts to restore refinery operations
XOM may offload its 59 Singapore gas stations in a $1B deal as it shifts focus to high-return, low-carbon assets.
There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.
Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination issue is fixed, two sources familiar with the matter told Reuters on Thursd
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XOM and QatarEnergy strike another gas find in Cyprus' Block 10, deepening their foothold in the Eastern Med region.
ExxonMobil (XOM 2.73%) recently provided investors with a sneak peek at its second-quarter financial results. The oil giant revealed that it expects its profit to decline by $1.5 billion compared to t
Ongoing trade disputes, OPEC+ production hikes, and geopolitical tension all heighten uncertainties for ExxonMobil Corporation and Enterprise Products Partners L.P. The more turbulent the time, the mo
Building a meaningful passive income stream can be a great achievement, enabling wealth to snowball. I highlight 2 Dividend Aristocrats that carry competitive advantages and which could outshine over
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