A 4.20% slide to $167.68 wipes roughly $28.7 billion off a $684 billion megacap, a rare single-session move for one of the market's steadiest large caps. Moves this size here usually reset the whole energy complex's tone.
Latest Activity
- LNGCheniere Energy$330.32+11.7%
- REGNRegeneron$927.89+8.9%
- LLYEli Lilly$1,417.54+8.5%
- GILDGilead Sciences$170.68+8.5%
- RBRKRubrik$124.15+8.1%
- COPConocoPhillips$154.03+5.1%
- EOGEOG Resources$165.54+4.8%
- XOMExxon Mobil$187.25+4.6%
- EENI$60.8+4.3%
- EMREmerson Electric$164.94+4.2%
51 stocks printed fresh 52-week highs this week, and the leadership is energy plus big biotech: Cheniere cleared its prior peak by 11.7%, with Regeneron, Eli Lilly and Gilead all stretching more than 8% past theirs.
The biggest US refiner saying diesel is where the system is tightest points to fatter distillate margins for anyone with refining capacity, and higher fuel costs for everyone else.
EXXONMOBIL CEO DARREN WOODS: DIESEL IS THE KEY CRUNCH POINT; DEMAND FOR DIESEL REMAINS HIGH DESPITE THE CAPACITY - CNBC INTERVIEW
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- Reposts8
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We're increasing production while improving efficiency - the result of years of consistent and disciplined investment and execution excellence. On the U.S. Gulf Coast, investments such as our Beaumont refinery expansion have contributed to an increase in our distillate production by approximately 40% since 2019.
Exxon is adding diesel barrels into the tightest diesel market in years, with the IEA warning the global crunch drags into 2027. The Beaumont expansion is why its Gulf Coast distillate volumes keep climbing while rivals shutter capacity.
Quarter after quarter, the evidence of a stronger business builds. We're improving both the quality of our portfolio and the ability to optimize around it. Advantaged investments, technology, and $16.9 billion in structural cost savings since 2019 are expanding our earnings power. These are lasting improvements, not simply the result of favorable prices and margins.
Woods is making the case that Exxon's earnings power now survives a weaker oil tape, with EIA forecasting lower crude prices into 2026 and 2027. For holders of a $753.7 billion major, the cost base is the variable management actually controls.
Exxon Mobil's second 52-week high in a week, $183.21, clears the October 16 mark by 2.36% and extends a run that has added roughly $70 a share since late October 2025. A $753.3 billion megacap moving like this is doing real work for index holders.
A $4.5 billion refining tailwind flagged ahead of Q3 results resets the bar for Exxon and the whole energy complex.
JUST IN: ExxonMobil says higher refining margins could add $4.5 billion to its third-quarter earnings https://t.co/UTZMZXEc7V
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- MRNAModerna$218.01+16.2%
- BOXBox$39.56+8.9%
- SUSuncor Energy$78.05+8.6%
- BPBP p.l.c.$50.21+6.9%
- SHELShell$106.66+6.5%
- DOCUDocuSign$74.65+6.0%
- PSXPhillips 66$293.17+5.6%
- PBRPetrobras$26+5.3%
- PBR-APetrobras$23.3+5.2%
- XOMExxon Mobil$178.98+5.1%
54 stocks printed fresh 52-week highs this week, and Big Oil showed up in force: Suncor, BP, Shell, Phillips 66, Petrobras and Exxon all cleared prior peaks. Moderna led the whole list, topping its old high by 16%.
Mad Money w/ Jim Cramer 10/15/26
- Diversification pitch: Korean memory selling in SK Hynix and Samsung is bleeding into US data center names
- Schwab called a buy near $94, under 15x this year's earnings, after AI displacement fears knocked it from $114
- Chevron preferred over Exxon on a swap; Home Depot held as the most rate-levered name he knows
- Trim half of Oracle after the run; Microsoft left alone into earnings on Azure strength
Cramer is pulling money toward consumer staples, retailers and oils while the data center complex cracks, and he is framing Schwab's selloff on AI-agent worries as a repeat of the 2023 banking scare that proved a buying opportunity. For anyone concentrated in AI hardware, the Oracle half-sell is the clearest sell discipline he offered all episode.
Exxon Mobil cleared its March 30 peak with a 52-week high at $172.15. The major has spent six months stuck below that line and just broke through.
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