Arm closed up 17.19% at $323, topping a session where four other priority names each added more than 12%. Declines stayed shallow: Novo Nordisk's 7.94% drop was the only one past 4%, with Exxon Mobil and Chevron down under 3%.
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Closed up 38.1%, a move no other priority name came close to matching. Axon, Digital Turbine, Dell, Cava and SentinelOne all shed more than 6.5% in a single session.
Exxon Mobil raised its quarterly payout 4% to $1.03 a share, extending a 26-year run of dividends through every oil cycle since 2000. Buy after today's ex-date and you wait a full quarter for the $4.12 annual rate.
XOM Coverage
ExxonMobil’s Dividend Story Is Only Part of the Bull Case
Our 24/7 Wall St. price target for ExxonMobil (NYSE:XOM | XOM Price Prediction) is $132.90 over the next 12 months. That compares with a current price of $164.01. Metric Value Current Price…
49% Gains Haven’t Stopped Wall Street From Calling Energy Stocks ‘Behind’
A prominent fund manager went on live television to call Chevron and ExxonMobil cheap laggards, but the actual performance data from the past year tells a very different story about who is…
4 Big Oil Dividends Ranked by What Matters When Crude Falls
Four oil giants all pay dividends, but when crude prices drop, their balance sheets tell very different stories about which payouts survive and which ones get cut to the bone.
Brent Oil Is Back Above $100 as a Third Aircraft Carrier Heads to the Middle East
A third US carrier is reportedly heading to the Middle East and China just cut off fuel exports, hitting oil markets with two shocks at once. Whether the price spike holds or…
Marathon Petroleum Climbs 5%, Valero Energy Gains 4% as Refiners Outrun Integrated Majors; Exxon Mobil Stays Flat
Refining stocks are breaking away from the integrated oil majors, and the gap places the bid directly on fuel margins. Marathon Petroleum (NYSE:MPC | MPC Price Prediction) stock has risen 5% to…
Here Are Thursday’s Top Wall Street Analyst Research Calls: BP, Dollar Tree, Exxon Mobil, Lennar, Occidental Petroleum, Rocket Lab, Teva Pharmaceuticals, United Therapeutics, and More
Pre-Market Stock Futures: Futures are trading higher after the bulls charged early Wednesday after the August CPE inflation report came in better than expected. But by the close, the tech-heavy Nasdaq was…
The Senate Just Voted Down a Ban on Congressional Stock Trading
The Senate came within seven votes of banning congressional stock trading, but a clause with nothing to do with stocks may have killed the whole effort. Here is what actually happened and…
America’s Strategic Oil Reserves Are at 44-Year Lows — And Trump Just Gave Away Another 40 Million Barrels
Oil markets are operating with little room for error. West Texas Intermediate crude trades above $91 a barrel this morning, while the Iran conflict, disrupted shipping, and tight diesel supplies continue putting…
Why Your Energy Bill Is About to Skyrocket $1,465 a Year Higher — Unless This Happens
American households are already feeling the squeeze from higher energy costs. The U.S. Energy Information Administration reported residential electricity prices were 4.9% higher in July than a year earlier, while the agency’s…
For Retirees Who Want Oil Income: Chevron vs. ExxonMobil
Chevron and ExxonMobil both carry Dividend Aristocrat status and record cash flows, but for a retiree counting on oil income through the next commodity bust, one of them carries a hidden risk…
Caterpillar or Exxon: Which Dividend Has More Room to Grow?
Caterpillar just hit $20 billion in quarterly sales for the first time ever, while Exxon pumped out $23.6 billion in operating cash flow. Both companies raised their dividends, but their very different…
If Hormuz Stays Shut, How High Can Exxon Go?
The Strait of Hormuz is closer to closed than open, yet crude just fell and Exxon barely stirred. Understanding that contradiction reveals exactly how much upside the market is leaving on the…
XLE Is 91% Oil and Gas. Investors Buying “Energy” May Own Less Than They Think
The ticker says energy, but the fund's holdings tell a much narrower story than most investors expect before they buy in.
Exxon’s 11 Million-Gallon Refinery Goes Dark. How High Can Midwest Gas Prices Go?
Gasoline and diesel prices were already moving higher before a floodwater-overwhelmed pump forced Exxon Mobil (NYSE:XOM | XOM Price Prediction) to keep its Joliet, Ill., refinery offline. This is critical because fuel…
Chevron vs. Exxon: Which Dividend Survives the Downturn
Both oil giants raised their dividends again this year and carry decades-long growth streaks, but when crude craters, only one of them has the balance sheet to keep writing that check without…