ExxonMobil Corp (NYSE:XOM)

turtle

Short Sellers Can’t Make Up Their Minds on Major Oil

Since Trump has taken the White House, crude oil has been trading above $50 a barrel, and it seems to have solidified at this price level, which is a step ...
Read Full Story »
fracking drilling

Why Chevron Is Still Expected to Greatly Outperform Exxon Mobil

Chevron Corp. (NYSE: CVX) is going higher, and perhaps leaving Exxon Mobil Corp. (NYSE: XOM) in the dust. That is the take from Jefferies, which raised its estimates and added Chevron ...
Read Full Story »
Pump Jacks Against at Dusk

Exxon Mobil Still Dow’s Biggest Loser in 2017

2017 has been a tough year for Exxon Mobil Corp. (NYSE: XOM). The stock has dropped 10.2% since the beginning of the year and the energy giant is one of ...
Read Full Story »
market crash

Goldman Sachs, JPMorgan Drag DJIA Down Friday

February 24, 2017: Markets opened lower Friday probably as traders book profits from a long winning streak. There was little economic news Friday and no major earnings reports. The energy ...
Read Full Story »
Oil Barrels

Crude Oil Price Rises on Modest Addition to Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning. U.S. commercial crude inventories increased by 600,000 barrels last week, maintaining a total U.S. commercial crude ...
Read Full Story »
Blue Flame

Natural Gas Price Bounces Higher After Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 89 billion cubic feet for the week ending February 17. Analysts were expecting a ...
Read Full Story »
oil tanks

The Other Shoe Drops: Exxon Cuts Reserves Total by 20%

You can't say you weren't warned. After markets closed on Wednesday, Exxon Mobil Corp. (NYSE: XOM) announced that its proved reserves total at the end of 2016 amounted to 20 ...
Read Full Story »
Facebook corporate

Facebook’s Market Value Passes Exxon’s

Earlier this month, the market value of Facebook Inc. (NASDAQ: FB) surged past that of Exxon Mobil Corp. (NYSE: XOM) to push the social media giant to sixth in the rankings ...
Read Full Story »
GasStationPump

Exxon Mobil Is Dow’s Biggest Loser in 2017

2017 has been a tough year for Exxon Mobil Corp. (NYSE: XOM). The stock has dropped 9.4% since the beginning of the year, and the energy giant is one of ...
Read Full Story »
Stock market tickers

UnitedHealth, Exxon Sink DJIA on Friday

February 17, 2017: Markets opened lower Friday following a mixed Thursday close. There was little noteworthy economic news and the Monday President's Day holiday may have encouraged some traders to get ...
Read Full Story »
ThinkstockPhotos-488849483

Natural Gas Inventory Posts Small Drawdown, Price Slips to YTD Low

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 114 billion cubic feet for the week ending February 10. Analysts were expecting a ...
Read Full Story »
Oil Barrels

Crude Oil Price Dips on Record Inventory Levels

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 9.5 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Warren Buffett square

Massive Changes for Berkshire Hathaway and Warren Buffett Stocks in 2017

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of December 31, 2016, and the number of changes in the equity portfolio were nothing short of massive. ...
Read Full Story »
ThinkstockPhotos-479358058

Exxon Mobil Is the Biggest Dow Loser of 2017

After closing just shy of $91 a share on the first day of trading in 2017, Exxon Mobil Corp. (NYSE: XOM) stock closed Friday nearly 8.6% below that number. The ...
Read Full Story »
oil tanker

Short Sellers Run for Cover From Major Oil

Since Trump has taken the White House, crude oil has been trading above $50, and it seems to have solidified at this price level, which is a step in the ...
Read Full Story »