ExxonMobil Corp (NYSE:XOM) - Page 2

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The 4 Stocks That Dominated the Dow on Friday

January 22, 2016: Markets opened higher on Friday following comments yesterday by ECB President Mario Draghi that traders interpreted to mean that more stimulus is just around the corner. Energy ...
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Oil Barrels

Crude Oil Bounces Higher Despite Big Inventory Build

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Martin Luther King Jr. holiday observance. U.S. commercial ...
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Natural Gas Price Dips Following Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 178 billion cubic feet for the week ending January 15. Analysts were expecting a ...
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The 4 Stocks That Sank the Dow on Wednesday

January 20, 2016: Markets opened lower on Wednesday, and at one point the DJIA traded off by 500 points from Tuesday's close. The culprit, alas, was crude oil although it ...
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Pump Jacks Against at Dusk

Experts Think Half of Oil Industry May Go Bankrupt: 3 Safe Mega-Cap Dividend Energy Stocks to Buy

The inexorable slide to $20 per barrel oil is what some experts are predicting now. With oil briefly dropping below the $30 mark this week, some have started to believe ...
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The 4 Stocks That Lifted the DJIA on Thursday

January 14, 2016: Markets opened higher again on Thursday then broke lower before riding a rising tide toward the closing bell. The energy sector led the charge higher today with ...
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Oil platform on sea

Which Oil Companies Are Cutting Capex Most?

Energy industry analysts at Wood Mackenzie said Thursday morning that they have identified $380 billion in capital spending (capex) cuts on 68 existing oil and gas development costs. The slowdown ...
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Blue Flame

Natural Gas Price Slumps After Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 168 billion cubic feet for the week ending January 8. Analysts were expecting a ...
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Oil Barrels

Crude Oil Price Stumbles on Another Huge Increase in Gasoline Stockpiles

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 200,000 barrels last week, maintaining a total U.S. commercial crude ...
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2016 road ahead

Merrill Lynch Has 6 Crucial Key Investment Themes for 2016

Needless to say, 2016 has already started off in record fashion, and not in a good way. The massive decline to start the year is the biggest one on record ...
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Dow

The DJIA Bullish Case of 19,700 in 2016: Apple, Boeing, IBM, Nike, Pfizer, Goldman Sachs and More

A bull market interrupted is how many investors likely feel at the start of 2016 after the Dow Jones Industrial Average (DJIA) fell by 2.2% in 2015. Then the worst start ...
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Oil pumps

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

The short interest data have been released for the December 31 settlement date. It just so happens that some of the latest short interest readings for major oil companies are ...
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Large cap stocks

The 4 Stocks That Boosted the Dow on Tuesday

January 12, 2016: Markets opened higher again on Tuesday but dipped into negative territory at around midday before turning positive again. Selling in the energy, telecom, and utilities sectors weighed ...
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Saudi Arabian flag

Is Saudi Aramco Really Worth $10 Trillion?

That Saudi Arabian Oil Co., better known as Saudi Aramco, is considering selling shares to the public has generated a lot of chatter about what the company might be worth. ...
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oil rig

The 2016 Bullish and Bearish Outlook for Exxon Mobil and Chevron

Now that 2015 has ended, 24/7 Wall St. wanted to see what the strategists and analysts on Wall Street expect for the stock market in 2016. The bull market seems ...
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