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Exxon Mobil Corp

Exxon Mobil Corp (XOM)

110.84
-0.98
(-0.88%)
Cerrado 14 Diciembre 3:00PM
110.80
-0.04
(-0.04%)
Fuera de horario: 6:31PM
Gráfico avanzado

Su centro para precios en tiempo real, ideas y debates en vivo

Estadísticas y detalles clave

Último Precio
110.80
Postura de Compra
-
Postura de Venta
-
Volume Operado de la Acción
13,100,063
110.25 Rango del Día 111.92
95.77 Rango de 52 semanas 126.34
Capitalización de Mercado [m]
Precio Anterior
111.82
Precio de Apertura
111.92
Última hora de negociación
Volumen financiero
US$ 1,454,463,970
Precio Promedio Ponderado
111.0273
Volumen promedio (3 m)
14,900,510
Acciones en circulación
4,395,094,536
Rendimiento del Dividendo
3.57%
Ratio Precio/Utilidad
13.53
Beneficio por acción (BPA)
8.19
turnover
338.2B
Beneficio neto
36.01B

Acerca de Exxon Mobil Corp

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2021, reserves were 18.5 billion barrels of oil equivalent, 66% of which... ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2021, reserves were 18.5 billion barrels of oil equivalent, 66% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. Mostrar más

Sector
Petroleum Refining
Industria
Petroleum Refining
Sitio web
Sede
Ewing, New Jersey, USA
Fundado
-
Exxon Mobil Corp is listed in the Petroleum Refining sector of the New York Stock Exchange with ticker XOM. The last closing price for Exxon Mobil was US$111.82. Over the last year, Exxon Mobil shares have traded in a share price range of US$ 95.77 to US$ 126.34.

Exxon Mobil currently has 4,395,094,536 shares in issue. The market capitalisation of Exxon Mobil is US$491.46 billion. Exxon Mobil has a price to earnings ratio (PE ratio) of 13.53.

Flujo de Opciones Exxon Mobil (XOM)

Flujo General

Pesimista

Prima Neta

-61M

Calls / Puts

101.42%

Comp. / Vent.

119.49%

OTM / ITM

42.71%

Sweeps Ratio

0.70%

XOM Últimas noticias

ExxonMobil announces plans to 2030 that build on its unique advantages

Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow1 Key elements of ExxonMobil’s 2030 plan: Increasing Pioneer acquisition average annual synergies by...

ExxonMobil Announces Leadership Changes

Liam Mallon to retire after 34 years of service Dan Ammann appointed President, Upstream Company Barry Engle appointed President, Low Carbon Solutions ExxonMobil (NYSE: XOM) today announced Liam...

Performance Shipping Inc. Secures Time Charter Contract with Oil Major at US$33,500 Per Day for LR2 Aframax Tanker, M/T P. Aliki

ATHENS, Greece, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels...

Período †Variación(Ptos)Variación %AperturaPrecio MáximoPrecio MínimoAvg. Vol. diarioPrecio Promedio Ponderado
1-3.65-3.18916557449114.45114.94110.7820281945112.49131418CS
4-9.6-7.97342192691120.4123.21110.7816207721116.56099423CS
12-4.85-4.19368785128115.65126.34110.7814900510118.41247401CS
26-0.04-0.0360880548538110.84126.34107.7714617538116.38232369CS
5212.6112.842448314598.19126.3495.7716582604112.4050875CS
15648.3377.365135264962.47126.3457.9619751779100.66505715CS
26040.3857.341664299970.42126.3430.112238626676.50996414CS

Movimientos

Ver todo
  • Volumen
  • % Mayores Alzas
  • % Mayores Bajas
SímboloPrecioVol.
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FFord Motor Company
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TAT&T Inc
US$ 23.63
(1.16%)
33.68M

XOM Finanzas

Finanzas

XOM Discussion

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DiscoverGold DiscoverGold 3 días hace
Exxon wants to extract its value from Hess Guyana assets, CEO says
By: Investing | December 11, 2024

HOUSTON (Reuters) -Exxon Mobil want to "participate" in Hess Corp (NYSE:HES).'s sale of its Guyana oil production assets, and extract value from the work it has put into developing the country's offshore fields, two of its top executives said on Wednesday.

A three-person panel in May is to decide whether Hess's deal to sell itself to Chevron (NYSE:CVX) can go ahead on its original terms. A challenge by Exxon (NYSE:XOM) and CNOOC (NYSE:CEO) Ltd has stalled the second-largest deal in a recent wave of oil megamergers.

"We developed the value of that asset. We have the right to consider the value of that asset in this transaction, and then the right to take an option on it," Exxon CEO Darren Woods told Wall Street analysts in his most significant comments on the arbitration case to date. "We have an opportunity, as does CNOOC, the other partner, to participate in that opportunity to have the right of first refusal.”

Representatives for Hess and Chevron declined to comment.

Analysts have put the value of Hess Guyana at between 60% to 80% of Chevron's proposed $53 billion purchase of Hess. The joint venture has discovered more than 11 billion barrels of oil to date.

The proposed sale ignores a joint venture agreement that grants the right of first refusal to any sale of a Guyana partner's stake, Exxon and CNOOC maintain.

The two companies previously have rejected the claim, arguing the deal is structured as a merger and Hess's Guyana holdings remain intact. Hess has said if the Chevron deal is not concluded it would not separately sell its Guyana properties to Exxon or anyone else.

Woods brushed off Hess's view of a loss at arbitration souring a sale, saying "that's their construct, not ours."

Exxon wants the three-person arbitration panel to consider the value of Hess Guyana as part of the deliberations.

"We'll look at the value and see if that value is in the best interest of the company, the corporation and the shareholders," added Exxon Vice Chairman Neil Chapman.

Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 5 días hace
Buy the Dip on Exxon Mobil Corp (XOM) Stock
By: Schaeffer's Investment Research | December 9, 2024

• Exxon Mobil stock has pulled back to its 260-day moving average

• The stock is flashing a historically bullish signal on the charts

Exxon Mobil Corp (NYSE:XOM) stock has been sliding since its late-November peak, which failed to extend its Oct. 7 record high of $126.36. The oil giant could soon push back toward those highs, however, as the recent downturn has it running into support on the charts. The shares have begun to consolidate at $113 -- last seen at $113.60 -- which provided a floor for pullbacks through July and August.

The 260-day moving average now lingers just below as well. Per Schaeffer's Senior Quantitative Analyst Rocky White, it's run into this trendline six times in the last three years. For the purpose of this study, White defines that as the equity trading above the moving average 80% of the time over the past two months and closing north of the trendline in eight of the last 10 sessions before coming within striking distance of it. XOM finished higher one month later after 83% of these signals, averaging a gain of 9%. From its current perch, a similar move would put Exxon Mobil stock just above $123, which is a chip-shot away from its record.



It's also worth noting that the stock's 14-day relative strength index (RSI) of 29.5 sits in "oversold" territory, which typically precedes a short-term rally.

Read Full Story »»»

DiscoverGold
👍️ 1
DiscoverGold DiscoverGold 3 semanas hace
Exxon goes forward with $200-million expansion of Texas plants
By: Reuters | November 21, 2024

HOUSTON (Reuters) - Exxon Mobil Corp (NYSE:XOM), which is facing a California lawsuit over its alleged role in global plastic waste pollution, is going forward with plans to expand plastics recycling to replace fossil fuels with discarded plastic waste, the company said on Thursday.

The move by one of the world's largest polymer producers comes amid growing concerns about slow-to-disintegrate plastics filling landfills, leaching into ground water and creating potential health hazards.

Exxon, which is championing pyrolysis techniques that convert waste into new plastic, will spend $200 million in Texas to expand so-called circularity operations in a global effort to build the capacity to process 1 billion pounds (454 million kg)of waste annually by 2027. The company calls its recycling technology Exxtend.

California filed a lawsuit against Exxon in September, alleging the company was deliberately misleading the public about the limitations of recycling. Exxon rejects allegations that it misleads the public about the limitations of plastics recycling, or about climate change.

The company's Baytown, Texas, complex this year will process 80 million pounds of plastic waste. The expansion will allow it and a nearby Beaumont, Texas, plant the capacity to process up to 500 million pounds in 2026.

The products will be sold with a certificate describing their origin, explained Karen McKee, president of ExxonMobil Product Solutions.

“We sell virgin-quality product and a subset of our customers are buying a ‘certified circular certificate’ to demonstrate that for every ton that they buy with this certificate, a ton of post-use plastic was fed into our facility," McKee said.

LyondellBasell, a rival to Exxon in chemicals, also is installing a plant in a German factory using a similar recycling technology called MoReTec that also breaks down waste plastic.

Lyondell plans to install a large MoReTec unit in Houston later in this decade after it permanently shuts a Houston refinery next year.

Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 3 semanas hace
Exxon Mobil (XOM) pulls out of talks with Guyana over shallow water oil block, gov says
By: Reuters | November 21, 2024

U.S. oil major Exxon Mobil (NYSE:XOM) has pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water block, the South American country's vice president said on Thursday.

Exxon, U.S.-based Hess Corp (NYSE:HES) and China's CNOOC (NYSE:CEO) won block S8 in a bidding round launched in late 2022. They had been engaged in negotiations for non-fiscal terms of the project.

The company had wanted to use the offshore area for carbon capture, Vice President Bharrat Jagdeo told reporters in a briefing. It was not immediately clear if Hess and CNOOC continue in talks with the government for the area.

Read Full Story »»»

DiscoverGold
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DiscoverGold DiscoverGold 1 mes hace
Exxon Mobil trading higher this morning after earnings:
By: TrendSpider | November 1, 2024

• Exxon Mobil trading higher this morning after earnings:

~EPS: $1.92 vs $1.88 est
~SALES: $90.02B vs $93.94B est

$XOM +1.90% in pre-market

Read Full Story »»»

DiscoverGold
👍️0
Ebenezer3 Ebenezer3 2 meses hace
Any word on the wildcat drill in the namibe basin in Angola??? Drillship left the location a day or so ago.
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DiscoverGold DiscoverGold 2 meses hace
$XOM Recent energy leader pulling back to retest its range highs on descending volume, solid wedge forming...
By: TrendSpider | October 21, 2024

• Recent energy leader pulling back to retest its range highs on descending volume, solid wedge forming...

Juicy setup for some rotation. $XOM



Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 2 meses hace
ExxonMobil Secures Largest U.S. Offshore CO2 Storage Site
By: Zacks Investment Research | October 14, 2024

Exxon Mobil Corporation XOM has secured the largest offshore carbon dioxide (CO2) storage lease in the United States with the Texas General Land Office, marking a significant step in carbon capture and storage (CCS). The site covers more than 271,000 acres in Texas state waters, solidifying ExxonMobil’s leadership in the CCS industry.

XOM Expands CO2 Storage in the U.S. Gulf Coast

This new offshore site complements ExxonMobil’s existing onshore CO2 storage portfolio and boosts the U.S. Gulf Coast’s status as a global hub for carbon capture. The company is already operating the largest CO2 pipeline network in the United States, positioning it to offer a full-service solution for carbon capture, transport and storage.

Dan Ammann, president of ExxonMobil Low Carbon Solutions, noted that with a growing base of customers ready to implement CCS, ExxonMobil is positioned to drive significant emission reductions along the Gulf Coast. The company’s comprehensive approach, which includes capture, transportation and storage, reinforces its leadership in the industry.

XOM’s Lease Benefits Texas Education

The agreement's terms will directly support the Texas Permanent School Fund, contributing to the state’s education system. Texas Land Commissioner Dawn Buckingham expressed enthusiasm about the partnership, emphasizing its benefits of supporting educational funding and advancing energy solutions. She pointed out that the revenues from the lease will directly benefit the state and Texas schoolchildren.

XOM’s Role in Net-Zero Goals

ExxonMobil’s new offshore acreage provides crucial space for storing CO2 emissions, helping society work toward achieving net-zero goals. The Gulf of Mexico, with its vast potential for storage, is a key player in this effort, and ExxonMobil is well-positioned to leverage its infrastructure to support carbon reduction strategies on a large scale.

With this lease, XOM continues advancing its vision of a low-carbon future while significantly contributing to the local community and education system.

XOM’s Zacks Rank & Key Picks

ExxonMobil currently carries a Zack Rank #3 (Hold).

Read Full Story »»»

DiscoverGold
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Tlonski Tlonski 2 meses hace
XOM great American exploration company.gtlta
👍️0
Tlonski Tlonski 2 meses hace
Oil is going to go UP in price.
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Bountiful_Harvest Bountiful_Harvest 2 meses hace
ExxonMobil market capitalization rises for the first time above $550 billion. From its low point in early 2020, $XOM market value is up >300%

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DiscoverGold DiscoverGold 2 meses hace
Exxon Mobil smashed through +2 years of resistance at all-time highs last week...
By: TrendSpider | October 6, 2024

• Exxon Mobil smashed through +2 years of resistance at all-time highs last week...

If energy keeps surging, look for $XOM to lead.



Read Full Story »»»

DiscoverGold
👍️ 1
pepeoil pepeoil 2 meses hace
Sounds great baby luv. Happy breast cancer awareness month.
👍️0
Big Momma Big Momma 2 meses hace
Big Momma still here. Maybe XOM Trick-or-Treat Party this month.
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Bountiful_Harvest Bountiful_Harvest 2 meses hace
All time high today:

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=xom&insttype=&freq=&show=

+ divis...
👍️0
pepeoil pepeoil 2 meses hace
Where are you biggie? Let’s partayyyyyyy
👍️0
pepeoil pepeoil 2 meses hace
Yea, here we gooooooooo
👍️0
pepeoil pepeoil 2 meses hace
movin on up baby
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DiscoverGold DiscoverGold 2 meses hace
3 Oil Stocks to Watch Amid Middle East Conflict
By: Schaeffer's Investment Research | October 2, 2024

• Iran yesterday launched a ballistic missile attack on Israel

• Israel's air strikes recently killed Hezbollah leaders in Lebanon

Oil stocks are back in focus, but not because of the U.S. presidential election. Rising tension in the Middle East put black gold back in the spotlight, after Iran's ballistic missile attack on Israel. This follows Israel's air strikes, which killed several Hezbollah leaders in Lebanon, where militants and Israeli troops are currently fighting.

The conflict could disrupt crude production and distribution, thus lowering supplies and hiking prices. Below, let's dig into how sector giants Marathon Oil Corp (NYSE:MRO), Occidental Petroleum Corp (NYSE:OXY), and Exxon Mobil Corp (NYSE:XOM) are faring amid the escalation.

MRO was last seen trading near breakeven at $27.62, losing steam after rallying from a pullback to familiar support at the $25 level, which contained losses in early September. Shares now sport a 27.6% year-to-date lead, and added 7.9% in the past 12 months.

OXY is down 1% to trade at $52.74 at last glance. The shares recently bounced off their lowest level since 2022, but carry a 12.1% deficit for 2024, and a 15.2% year-over-year loss.

XOM is within striking distance of its April 12, year-to-date high of $123.75, last seen up 0.5% at $120.47. The equity also conquered resistance at the $120 level, which capped several rallies since that peak. Exxon Mobil has tacked on 17.7% so far this year.

Read Full Story »»»

DiscoverGold
👍️ 1
pepeoil pepeoil 2 meses hace
Yep, nice oiler here man. Steady Eddy with a nice divi. Where ya at big momma? Let’s party
👍️0
pepeoil pepeoil 3 meses hace
Nice little rebound
👍️0
pepeoil pepeoil 3 meses hace
My oilers are not doing much. Xom marking time. Just collecting the nice divi.
👍️0
pepeoil pepeoil 3 meses hace
Time to roll baby. Lesssss gooooo Exxon
👍️0
pepeoil pepeoil 3 meses hace
Weeeeee lesss gooo xom
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pepeoil pepeoil 3 meses hace
Sit back, relax, enjoy the good days
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smith199 smith199 3 meses hace
.
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1984ISHERE 1984ISHERE 3 meses hace
Close under 50 MA, might see sub 110 for pick ups
👍️0
1984ISHERE 1984ISHERE 3 meses hace
Close under 50 MA, might see sub 110 for pick ups
👍️0
pepeoil pepeoil 4 meses hace
Yep, let’s go xom
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1984ISHERE 1984ISHERE 4 meses hace
120 soon
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DiscoverGold DiscoverGold 4 meses hace
Exxon forecasts 2050 oil demand to match today's, 25% above BP estimate
By: Reuters | August 27, 2024

HOUSTON, Aug 26 (Reuters) - Exxon Mobil (XOM.N), opens new tab said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels, a forecast 25% higher than top European rival BP (BP.L), opens new tab.

The stronger demand, opens new tab projected by the largest U.S. oil company in its latest global oil outlook underpins Exxon's production growth plans, the most ambitious among Western oil majors. It did not have a 2050 demand figure in its previous outlook released in 2023, opens new tab.

The company also painted a more somber view on global carbon emissions reductions than BP. Advancements in technology will allow for emissions reductions after 2029, compared to the middle of this decade according to BP.

Exxon plans to pump 4.3 million barrels of oil and gas per day this year, 30% more than U.S. top rival Chevron's (CVX.N), opens new tab current output. BP is cutting production to about 2 million barrels per day by 2030.

"Oil and gas demand have a very, very long runway and will continue to grow over the next few years," Exxon Economics, Energy and Strategic Planning Director Chris Birdsall told Reuters.

Exxon estimates electric vehicles will not significantly alter long-term global oil demand, as the world's population is expected to increase from 8 billion today to nearly 10 billion in 2050, adding to demand for energy.

If every new car sold in the world in 2035 were electric, crude oil demand would still be 85 million bpd, the same it was in 2010, it said. BP projects oil consumption will peak in 2025 and decline to 75 million bpd in 2050.

The estimates are more than triple the 24 million bpd of crude the International Energy Agency (IEA) says would allow the world to reach net-zero emissions by 2050.

Exxon projects 67% of the global energy mix in 2050 will be supplied by oil, natural gas and coal, down from 68% last year.
The company said more investments in oil than are currently anticipated will be necessary as the world transitions to unconventional resources. Wells in these geological formations, such as U.S. shale, have a shorter production lifespan and exhibit a more pronounced natural decline, it said.

Exxon projects that without new investments, output would decrease by about 15% per year, a steeper decline compared to IEA's 2018 estimates of about 8% per year.

This rate of decline could cause oil prices to quintuple, with global supply plummeting to 30 million bpd as early as 2030, according to Birdsall.
"Global oil and natural gas supplies would virtually disappear without continued investments," Birdsall said. "The biggest reason for the change is the shift to more short-cycle unconventional assets."

Read Full Story »»»

DiscoverGold
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pepeoil pepeoil 4 meses hace
We should have a little uptick today
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DiscoverGold DiscoverGold 4 meses hace
UBS Adjusts Exxon Mobil Price Target to $157 From $156, Maintains Buy Rating
By: MT Newswires | August 20, 2024

Exxon Mobil XOM has an average rating of outperform and price targets ranging from $110 to $157, according to analysts polled by Capital IQ.

Read Full Story »»»

DiscoverGold
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Big Momma Big Momma 4 meses hace
That's why if it wasn't for the dividends, Big Momma would not be holding this.
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pepeoil pepeoil 4 meses hace
I cannot figure why this chit doesn’t move
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pepeoil pepeoil 4 meses hace
Badabing. Nice and steady
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pepeoil pepeoil 4 meses hace
I know. That is because we are close, very close
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DiscoverGold DiscoverGold 4 meses hace
NY Crude Oil Futures »» Weekly Summary Analysis
By: Marty Armstrong | August 3, 2024

NY Crude Oil Futures closed today at 7352 and is trading up about 2.60% for the year from last year's settlement of 7165. Caution is required for this market is starting to suggest it could now decline on the MONTHLY level. Factually, this market has been rising for this month going into August reflecting that this has been only still, a bullish reactionary trend. As we stand right now, this market has made a new low breaking beneath the previous month's low reaching thus far 7297 while it's even trading beneath last month's low of 7459.

Up to now, we still have only a 1 month reaction rally from the low established during June. We must exceed the 3 month mark in order to imply that a trend is developing.

ECONOMIC CONFIDENCE MODEL CORRELATION

Here in NY Crude Oil Futures, we do find that this particular market has correlated with our Economic Confidence Model in the past. The Last turning point on the ECM cycle low to line up with this market was 2020 and 2009 and 2001 and 1998 and 1994. The Last turning point on the ECM cycle high to line up with this market was 2022 and 2018 and 2011 and 2000.

MARKET OVERVIEW
NEAR-TERM OUTLOOK

The historical broader tone of the NY Crude Oil Futures has been a bearish consolidation following the high established back in 2008. Since then, this market has created 2 reaction highs which have been unable to break this overall protracted bearish consolidating trend. Still, the major low was made in 2023 and the market has bounced back for the last year. The last Yearly Reversal to be elected was a Bullish at the close of 2023.

This market remains in a positive position on the weekly to yearly levels of our indicating models. Nevertheless, it closed last year on the weak side down from 2022. Pay attention to the Monthly level for any serious change in long-term trend ahead.

The perspective using the indicating ranges on the Daily level in the NY Crude Oil Futures, this market remains in a bearish position at this time with the overhead resistance beginning at 7459.

On the weekly level, the last important high was established the week of July 1st at 8452, which was up 4 weeks from the low made back during the week of June 3rd. We have seen the market drop sharply for the past week penetrating the previous week's low and it closed beneath that low which was 7604. This was a very bearish technical indicator warning that we have a shift in the immediate trend. We are trading below the Weekly Momentum Indicators warning that the decline is very significant and we need to pay attention to the timing and reversals. When we look deeply into the underlying tone of this immediate market, we see it is currently still in a semi neutral posture despite declining from the previous high at 8452 made 4 weeks ago. Still, this market is within our trading envelope which spans between 6563 and 9177.

Looking at this from a broader perspective, this last rally into the week of July 1st reaching 8452 failed to exceed the previous high of 8767 made back during the week of April 8th. That rally amounted to only twelve weeks. Right now, the market is below momentum on our weekly models casting a bearish cloud over the price action. Looking at this from a wider perspective, this market has been trading up for the past 8 weeks overall.

INTERMEDIATE-TERM OUTLOOK

YEARLY MOMENTUM MODEL INDICATOR

Our Momentum Models are declining at this time with the previous high made 2021 while the last low formed on 2023. However, this market has declined in price with the last cyclical low formed on 2023 warning that this market remains weak at this time on a correlation perspective declining in both price and Momentum.

Looking at the longer-term monthly level, we did see that the market made a high in April at 8767. After a four month rally from the previous low of 8070, it made last high in April. Since this last high, the market has corrected for four months. However, this market has held important support last month. So far here in August, this market has held above last month's low of 7459 reaching 7459.

Some caution is necessary since the last high 8767 was important given we did obtain two sell signals from that event established during April. That high was still lower than the previous high established at 9503 back during September 2023. Critical support still underlies this market at 6760 and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible. Nevertheless, at this time, the market is still weak trading beneath last month's low.

DiscoverGold
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DiscoverGold DiscoverGold 4 meses hace
Exxon Mobil Q2 earnings are out this AM:
By: TrendSpider | August 2, 2024

• Exxon Mobil Q2 earnings are out this AM:

~EPS: $2.14 vs $2.00 est
~SALES: $93.06B vs $90.90B est
~Sees FY24 Capex at $28B

Read Full Story »»»

DiscoverGold
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Big Momma Big Momma 4 meses hace
It's the only oil stock Big Momma has at this time. XOM gives nice dividends too!
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Nebuchadnezzar Nebuchadnezzar 4 meses hace
XOM is a strong buy the more it falls

any boty can see its the rite play ;)
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DiscoverGold DiscoverGold 5 meses hace
2 Oil Stocks to Watch Amid Presidential Race, Earnings
By: Schaeffer's Investment Research | July 29, 2024

• Chevron and Exxon Mobil will report earnings on Friday, Aug. 2

• Wall Street is weighing how a new president will impact the energy sector

The presidential race is heating up, with Vice President Kamala Harris now the likely Democratic nominee against former President Donald Trump. Investors have been weighing the implications either leadership may have on the energy sector, especially as both Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) prepare to report second-quarter earnings before the open on Friday, Aug. 2.

Chevron stock was last seen down 1.7% to trade at $155.25. Shares ran into resistance at the $164 level earlier this month, while the 80-day moving average also emerged as a level of pressure in the subsequent pullback. CVX is today looking snap a three-day win streak, but still sports a slim year-to-date lead.

Exxon Mobil stock is struggling as well, down 1.1% to trade at $116.03 at last check. While the $120 level has capped rallies since April, the 40-day moving average helped shares bounce. XOM appears to be finding new resistance at $118, but is still up 15.9% this year.

CVX has a solid history of post-earnings reactions, but it could go either way for XOM. The former finished five of the last eight next-day sessions higher, while the latter was lower in the last four.

Regardless of direction, Chevron and Exxon Mobil shares averaged 3.3% and 2.2% moves in the past two years, respectively. This time, the options pits are pricing in a bigger-than-usual swings of 3.8% for CVX, and 3.5% for XOM.

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Exxon $XOM with a spicy setup heading into earnings week
By: TrendSpider | July 28, 2024

• Exxon with a spicy setup heading into earnings week.



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pepeoil pepeoil 5 meses hace
we doing good here today my baby momma
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Big Momma Big Momma 5 meses hace
That's pretty much the only reason Big Momma is holding this, at least at the moment.
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pepeoil pepeoil 5 meses hace
Thank goodness for the nice divy. The pps isn’t moving
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pepeoil pepeoil 5 meses hace
Lesss goooooooo, get drunk with good food and large deserts.. weeeeeeeeee. Party on Exxon
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pepeoil pepeoil 5 meses hace
Choo chooo
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pepeoil pepeoil 5 meses hace
Moving on up……
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DiscoverGold DiscoverGold 5 meses hace
Why Exxon Is the Top Holding in an Energy Transition Fund
By: Barron's | July 10, 2024

Beauty is in the eye of the beholder. So too, at times, is sustainability.

Big energy companies have long been seen as antithetical to the transition away from fossil fuels toward more green energy solutions. That's a justifiable position, given these players for years actively worked against climate change action and suppressed information about the issue, prioritizing their own carbon-emitting business model over science and popular support for renewable energy.

However, even if aggressive action were taken to move the world toward more options, like wind and solar, some oil and natural gas would remain in use; in addition, making the switch is a costly one. In that regard, some investors may see big oil as a necessary partner, even if they remain wary of "green-washing" campaigns to try to rehabilitate its image.

That backdrop makes it easier to understand why Exxon Mobil is the largest position in the Hennessy Energy Transition Fund, which also counts ConocoPhillips and Chevron among its top 10 holdings.

Barron's recently spoke with one of its portfolio managers, Ben Cook, to discuss how companies like Exxon fit with the fund's mandate, and he notes that Exxon "is pursuing practical pathways to transition."

That includes things like carbon capture and storage and lithium extraction for batteries. Cook notes that the company's priorities have remained firmer than others: "Unlike some of its peers that are now reversing course on some renewable endeavors, Exxon is taking a reasonable approach that remains shareholder-focused and should continue providing solid returns during the move to more climate-friendly fuels."

Exxon's balance between shareholder interest and its renewable initiatives speaks to how the fund seeks to identify companies that can handle both, given that some companies that may lead the energy transition and be truly revolutionary aren't always the best bet from an investor standpoint.

Likewise, the Exxon's deep pockets mean that its renewable projects aren't beholden to the political situation, be that tariffs or tax credits, which can often hamper smaller operators.

Cook highlights the company's ongoing, long-term commitment to lithium, which management has spoken publicly about, even in the face of lithium price weakness — a headwind to pure play companies in the arena, like Albemarle. "Exxon's integrated business model provides stability during times of price volatility as financial results of varying/different business units tend to offset one another, ultimately providing for consistency in financial results through the cycle."

He argues that the shares, which change hands for about 12 times forward earnings, are attractive, and that the company has the wherewithal to continue pursuing renewables from multiple angles (rather than focusing on just solar, for example, as some smaller companies do). "Exxon's total capital expenditures in 2023 were around $23 billion," he says, so committing a sum like $100 million to a green energy project is like "a rounding error" for the company.

ESG, which stands for environmental, social, and governance, has grown in popularity in the investing community, but there aren't any hard and fast criteria for what makes a company fall into this category. For example, one ESG-focused fund may include a company like Philip Morris International, given that it's a leader in reduced-risk tobacco products, while another may exclude it because it still sells traditional cigarettes.

Given the latitude with which investors and funds can judge ESG, it's easier to see how Exxon could be considered under this umbrella.

Cook says that focus on ESG could help motivate Exxon to continue to fund greener products, as the company clearly "has an incentive to broaden the company's appeal with investors that place emphasis on clean energy initiatives. While selling pressure associated with mandates to shed fossil fuel exposure seem to have reached a peak, attracting new investor capital obviously remains a key focus for any integrated oil company and Exxon's pursuit of low carbon solutions can certainly be a means to that end."

Of course, others disagree; blood may be boiling along with temperatures as much of the country struggles with historic heat, which scientists attribute to climate change. Still, baby steps may be better than no steps at all.

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