ExxonMobil Corp (NYSE:XOM)

oil train

Major Oil Short Interest Backs Off

The short interest data have been released for the January 29 settlement date. It just so happens that some of the latest short interest readings for major oil companies are ...
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Gas Pump Nozzle

2 Cent Gas in Venezuela

Depending on who is counting, based on currency exchange rates, whether gasoline is priced by liter or gallon, the price of a gallon of gas is about two cents in ...
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Oil pumps

Merrill Lynch Says No Value in Energy: Only 2 Dividends Safe Now

You knew it was coming, and last week brought the very unpleasant truth. ConocoPhillips (NYSE: COP) announced a wider-than-expected quarterly loss and revealed plans to slash its dividend to $0.25 ...
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oil train

Why Analysts Are Changing Tune on Exxon, Chevron and ConocoPhillips

The three largest U.S. oil and gas companies have now reported fourth-quarter earnings, and the results were about what most observers expected with one mildly positive surprise. Every one reported ...
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Blue Flame

Natural Gas Price Slips Following Lower-Than-Expected Inventory Drawdown

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 152 billion cubic feet for the week ending January 22. Analysts were expecting a ...
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Quotes

The 4 Stocks That Boosted the DJIA on Wednesday

February 3, 2016: Markets opened higher on Wednesday as a sinking greenback helped push up crude oil prices while downturns in Asia and Europe were mostly modest. Crude oil moved ...
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Oil Barrels

Crude Oil Price Sinks as Inventory Rises by 7.8 Million Barrels

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 7.8 million barrels last week, maintaining a total U.S. commercial ...
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Pump Jacks Against at Dusk

Exploration and Production Sector Takes Big Rating Downgrade From Standard & Poor’s

The credit ratings agency Standard & Poor's has just downgraded many of its official corporate credit ratings in the oil and energy patch. It took ratings actions on 20 different ...
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oil tanker

Exxon Reports Annual Profits Dive 58%, Slashes 2016 Capex by 25%

Exxon Mobil Corp. (NYSE: XOM) reported estimated fourth-quarter and full-year 2015 results before markets opened Tuesday. For the quarter, the integrated oil and gas giant posted quarterly diluted earnings per ...
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oil train

What to Look for in Exxon’s Earnings Report

Exxon Mobil Corp. (NYSE: XOM) is expected to release its fourth-quarter earnings before the markets open on Tuesday. Thomson Reuters has consensus estimates of $0.64 in earnings per share (EPS) ...
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Medicine pills

Top 3 Dow Earnings for the Coming Week

Earnings season for the fourth quarter of last year has now moved into February, and 24/7 Wall St. has put together a preview of the three Dow Jones Industrial Average ...
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Blue Flame

Natural Gas Price Rises Following Large Inventory Withdrawal

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 211 billion cubic feet for the week ending January 22. Analysts were expecting a ...
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Oil platform on sea

Short Interest Explodes in Major Oil Stocks

The short interest data have been released for the January 15 settlement date. It just so happens that some of the latest short interest readings for major oil companies are ...
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Oil Barrels

Crude Oil Stockpile Jumps, Price Follows

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 8.4 million barrels last week, maintaining a total U.S. commercial ...
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OPEC

If OPEC Blinks and Cuts Production, Buy These Top Oil Stocks at Once

It finally hit the tape Tuesday. There was some chatter that the OPEC oil cartel finally has started to let it be known that it would reduce production if other ...
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