Exxon Mobil Corporation (XOM) Stock Price, Quote & News - Stock Analysis (2024)

Exxon Mobil's stock could fall behind its peers — so stop buying, analyst says

Shares of Exxon Mobil Corp. fell Friday, as Truist Securities backed away from its bullish call, citing a number of concerns, such as the belief that the oil giant's free-cash-flow yield will trail th...

3 days ago - Market Watch

Technip Energies and Turner Industries Awarded Contract by ExxonMobil for Louisiana Carbon Capture and Sequestration Project

Technip Energies (PARIS:TE), in consortium with Turner Industries, has been awarded the Engineering, Procurement, and Construction (EPC) contract by ExxonMobil Low Carbon Solutions Onshore Storage LLC...

5 days ago - GlobeNewsWire

Vanguard says it backed Exxon board, but cites investor rights concerns

Vanguard said its funds supported the election of Exxon's director nominees at its annual meeting last week, but the mutual fund giant cited lingering concerns about the energy company's lawsuit again...

5 days ago - Reuters

Exxon, Chevron, Conoco Stocks Extend Declines Along With Oil Prices

The OPEC announcement over the weekend was widely seen as a plan to add back production from members' current coordinated cuts.

6 days ago - Barrons

Other symbols: AMDDUKSBUX

The Dow Dumped Exxon in 2020. Adding Salesforce Was a Losing Move.

The call, meant to make the benchmark better represent the economy, has left investors tracking the average with less money than they would have had otherwise.

Other symbols: CRM

10 days ago - Barrons

Oil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves

Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come.

Other symbols: CVX

10 days ago - Reuters

Did FTC Over-Reach In Prohibiting Scott Sheffield From ExxonMobil's Board

The Federal Trade Commission (FTC) has taken an unprecedented step as part of the biggest shale oil and gas merger ever: ExxonMobil buying Pioneer Natural Resources Pioneer Natural Resources for the h...

10 days ago - Forbes

Strike could resume Wednesday at ExxonMobil complex in France

A strike by chemical unit workers set to lose their jobs at an ExxonMobil petrochemical complex in northern France will remain suspended through June 4 while talks are held over severance packages, th...

10 days ago - Reuters

Senate Democrats accuse oil companies of collusion with OPEC, demand DOJ investigation

Nearly two dozen Democratic senators, led by Majority Leader Chuck Schumer, D-N.Y., wrote a letter to the Justice Department urging a probe of alleged collusion between the oil industry and OPEC.

11 days ago - Fox Business

Schumer and 22 fellow Senate Democrats urge Justice Department to crack down on oil-price fixing

WASHINGTON (AP) — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged co...

Other symbols: CVX

11 days ago - Market Watch

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

Exxon Mobil was replaced by Salesforce as Dow component in August 2020, a shakeup seen a sign of the energy sector's weakness and tech's strength. But the oil major's stock has gained nearly 170% sinc...

11 days ago - CNBC

Schumer asks DOJ to investigate FTC claim oil exec colluded with OPEC

U.S. Senate Majority Leader Chuck Schumer and 22 other Democratic Senators on Thursday asked the Attorney General to investigate allegations of collusion and price fixing between the oil industry and ...

11 days ago - Reuters

Exxon moves to smaller offices as it cuts back Nigerian operations

ExxonMobil is not renewing a 33-year-old lease on its expansive offices in Lagos's upscale Lekki district which expires on Friday, three sources inside the company told Reuters, as it looks to scale d...

11 days ago - Reuters

Efforts To Oust ExxonMobil Chairman, Board Members Run Aground

ExxonMobil ExxonMobil chairman and CEO Darren Woods and lead independent board member Joseph Hooley sailed to easy re-elections to the Board of Directors Wednesday at the company's annual shareholder ...

11 days ago - Forbes

Shell, Exxon near deal to sell North Sea assets to Viaro, sources say

Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said.

Other symbols: SHEL

12 days ago - Reuters

Investment Managers Take Aim At ExxonMobil's Board

ExxonMobil is under fire, again, from activist shareholders and investment advisors. CalPERS, the State of New York, proxy advisory firm Glass Lewis, and others are lining up to vote against nominees ...

13 days ago - Forbes

Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty

The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil. Exxon claims a right of first refusal over Hess' l...

13 days ago - CNBC

Former Pioneer CEO urges FTC to withdraw ban on his inclusion in Exxon's board

Scott Sheffield, the former CEO of Pioneer Natural Resources, has requested the US Federal Trade Commission to vacate its order that barred his inclusion on Exxon Mobil's board.

13 days ago - Reuters

Highlighting Exxon suit, investors urge firms to keep shareholder spats out of court

A group of around 40 large European and American institutional investors on Tuesday urged companies to refrain from taking shareholders to court over disagreements relating to their proposals.

14 days ago - Reuters