XOM Exxon Mobil Corp
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ExxonMobil awards Coral Norte contract, doubling Mozambique LNG capacity
ExxonMobil and its Mozambique Rovuma Venture partners awarded the engineering and construction contract for the Coral Norte floating liquefied natural gas...
Exxon Mobil nets $4.67 billion in Guyana, slowed by oil prices
Exxon Mobil reported $4.67 billion in 2025 profits from its Guyana operations. This total represents a slight decrease from the previous year. The company...
Exxon Mobil gains, with Hormuz closure offsetting OPEC+ production hikes
Seven core OPEC+ members agreed to increase their collective production target by 188,000 barrels per day. This adjustment is scheduled for July 2026. The move...
Exxon Mobil outlook raised to positive, powered by Guyana and Permian growth
S&P Global Ratings revised Exxon Mobil’s outlook to positive from stable. The agency affirmed the company’s 'AA-' long-term credit rating. S&P expects Exxon...
Brent Crude Nears $97 on Middle East Hostilities, New US Tariff Plan
Oil prices rose for a third consecutive day as Brent crude neared $97 a barrel. Hostilities flared after reports indicated Iran launched missiles toward Kuwait...
Oil Prices Sink, Spurred by Potential 60-Day U.S.-Iran Ceasefire
Oil prices fell as Brent crude remains on track for a steep monthly decline. The U.S. and Iran have reportedly reached a preliminary agreement for a 60-day...
ExxonMobil Shareholders Approve Redomiciliation from New Jersey to Texas
ExxonMobil announced the results of its Annual Meeting of Shareholders held on May 27, 2026, where stockholders voted to approve the company's proposal to...
Exxon Mobil Price Target Lifted by Mizuho Amid Geopolitical Tensions and Shareholder Meeting
Mizuho raised its Exxon Mobil price target to $175 from $159. The firm maintained its "Neutral" rating on the stock. Mizuho expects the Iran crisis to...
Exxon Mobil shifts legal home to Texas, citing industry-friendly courts
Exxon Mobil shareholders approved a plan to change the company’s state of incorporation from New Jersey to Texas. The company has maintained its corporate...
Exxon Mobil Sells 10% Stake in Trinidad Deepwater Block to Occidental Petroleum
Occidental Petroleum is acquiring a 10% stake in an Exxon Mobil deepwater exploration block offshore Trinidad and Tobago. Exxon previously held sole...
ExxonMobil builds world’s largest carbon capture network, facing $75B Louisiana hurdle
ExxonMobil is investing billions to construct the world's largest carbon capture and storage (CCS) network along the U.S. Gulf Coast. The company is...
Exxon Mobil nears Venezuela return for six oil fields, ending 20-year standoff
Exxon Mobil is negotiating to regain oil production rights in Venezuela. This move follows nearly 20 years since former President Hugo Chávez nationalized the...
Exxon Mobil accuses proxy advisors of conflict, citing Texas legal battle
Exxon Mobil Corporation accuses proxy advisory firms Glass Lewis and Institutional Shareholder Services (ISS) of a conflict of interest. The firms recommended...
🔴 XOM is trading 3.3% down today on profit-taking after a multi-day rally
XOM is trading 3.3% down today at $157.18 as investors lock in gains following a strong multi-day rally and shifting sentiment in the energy sector. • The...
ExxonMobil signs Egypt-Qatar pact, targeting Cyprus gas for regional export
ExxonMobil signed a memorandum of understanding with QatarEnergy and Egypt's Ministry of Petroleum and Mineral Resources. The agreement explores options to...
Exxon Mobil signs 30-year deal, backing $30 billion Alaska LNG project
Exxon Mobil, ConocoPhillips, Hilcorp Alaska, and a Pantheon Resources subsidiary signed a 30-year supply agreement. This deal provides the foundational gas...
Exxon Mobil Wins Fraud Lawsuit, Over Climate Risk Accounting Disclosures
A Texas jury found Exxon Mobil not liable in a securities fraud lawsuit. Investors alleged the company defrauded them through disclosures regarding Canadian...
🟢 XOM is trading 2.4% up today as crude prices climb and investors rotate to defensive sectors
XOM is trading 2.4% up at $156.40 as energy shares gain support from rising oil prices and a broader market rotation toward defensive sectors. • West Texas...
Exxon Mobil Eyes Venezuela Return, Lured by World’s Largest Oil Reserves
Exxon Mobil is considering a return to Venezuela’s oil sector following a regime change and easing U.S. policy. The company’s CEO describes the nation’s...
Exxon Mobil Taps U.S. Oil Reserve, Aiming to Stabilize Global Supply
The U.S. government announced a loan of approximately 53.3 million barrels of crude oil from the Strategic Petroleum Reserve on May 12, 2026. Exxon Mobil is...