Exxon Mobil Corp (XOM) Quote

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=XOM&insttype=Stock

Here bruh """"The stock has run up 21.4% year to date through Thursday, while the Energy Select Sector SPDR ETF (XLE) has climbed 15.3% and the S&P 500 has gained 5.8%"""""

Exxon Mobil's stock falls after profit and production drop below forecasts
By: MarketWatch | April 26, 2024

Earnings took a hit from falling refining margins and natural-gas prices and as costs rose while revenue declined

Shares of Exxon Mobil Corp. dropped Friday, after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.

Also weighing on the bottom-line, overall costs and other deductions increased, while revenue declined.

The stock (XOM) slumped 1.2% in premarket trading, putting it on track to snap a five-day win streak.

Net income dropped to $8.22 billion, or $2.06 a share, from $11.43 billion, or $2.79 a share, in the same period a year ago, as industry refining margins declined and natural-gas realizations sank 32%.

Revenue fell 4% to $83.08 billion, above the FactSet consensus of $79.69 billion.

Meanwhile, total costs and other deductions rose 1.4% to $70.71 billion, as crude oil and product purchases rose 3.5% to $47.6 billion and depreciation and depletion increased 13.4% to $4.81 billion, while production and manufacturing expenses fell 3.7% to $9.09 billion.

Within upstream volumes, production fell 1.2% to 3,784 thousand oil-equivalent barrels per day (koebd) to miss the FactSet consensus of 3,810 koebd.

Net production of crude oil, natural gas liquids, bitumen and synthetic oil rose 2.5% to 2,557 thousand barrels of oil per day while net natural gas production available for sale declined 8.2% to 7,362 million cubic feet per day.

The stock has run up 21.4% year to date through Thursday, while the Energy Select Sector SPDR ETF (XLE) has climbed 15.3% and the S&P 500 has gained 5.8%.

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Bubba, $97 is long gone. Sorry you missed out. Me and fat momma getting rich

Yep, I am rolling fat momma in the flour right now Finda get busy. Lol

Exxon Mobil $XOM is currently trading at new ALL TIME HIGHS
By: Evan | April 5, 2024

• Exxon Mobil $XOM is currently trading at new ALL TIME HIGHS.



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XOM new 52 hi

hey bruh, we getting rich while you go broke

No I won't, you silly crow. I just bought a 5lb bag fries and onion rings From Costco.

Hi Big Momma and Pepe, you guys are having so much fun. B careful pepe, Big Momma will take your french fries when you are not looking..

Big Momma got new space suit all ready.

Lesss gooooo fat momma, weeeeeee toooo daaaa moooon

Get drunk with good food and deserts. XOM Big Oil Party!

Let’s get drunk biggie

Big Momma likes Big Oil Party!

Big bags of fun wink wink

XOM is Big Fun!

Up pre market. Me and old big momma going two stepping. Weeeeeeee

Let’s go big momma. Weeeeeee

The XOM Big Fun has only just started.

I have not had this much fun since momma got her boob hung in the washing machine ringer

Big Fun here at XOM!

Looking good here big momma. Old bunda is missing out.

Big Momma likes oil parties

Chee chee chee. Lesgo xom

ExxonMobil (XOM), Shell Partner With Singapore for CCS Project
By: Zacks Investment Research | March 11, 2024

Exxon Mobil Corporation XOM and Shell plc SHEL have announced a partnership with the Singapore government to develop a cross-border carbon capture and storage
CCS
project.

The collaboration aims to significantly reduce Singapore's carbon dioxide (CO2) emissions, marking a pivotal step in the country's decarbonization journey.

The Singapore-based units of these energy giants — ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd. — have established the S-Hub consortium to lead the development of this CCS initiative. The project underscores a proactive approach to addressing the environmental challenges posed by greenhouse gas emissions.

In December 2023, the S-Hub consortium and the Singapore Economic Development Board solidified their commitment by signing a memorandum of understanding. The agreement outlines their collaboration in planning and developing a CCS project that promises to capture and permanently store at least 2.5 million tons of CO2 annually by 2030.

The project, set to commence in 2030, targets capturing and storing CO2 emissions from various sectors within Singapore, either underground or beneath the seabed. The selection of storage sites will be based on rigorous analysis to ensure their suitability and effectiveness in long-term carbon storage.

This CCS initiative is particularly significant for Singapore, a nation seeking decarbonization solutions for sectors with hard-to-abate emissions like energy and chemicals, power, and waste management. Carbon capture and storage technology is seen as a crucial pathway to achieve substantial emission reductions in these areas.

The collaboration between ExxonMobil, Shell and the Singapore government is part of a broader strategy to develop a portfolio of decarbonization measures. These efforts are aimed at meeting the nation's climate change targets and contributing to global sustainability goals.

Zacks Ranks & Stocks to Consider

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

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Big Momma likes Big Fun!

We be rollin here man. Way to go Big Momma

Big Momma likes oil

Bubba, I tode you to get it, set it, and forget it. This one is gold man.

4 Magnificent Stocks to Buy That Are Near 52-Week Lows
By: The Motley Fool | February 28, 2024

Industrial and energy companies can be challenging to follow because their businesses can have big ups and downs based on the economy, interest rates, or commodity prices.

Sometimes, it's best to buy these companies on weakness when things aren't going well, anticipating that another upswing will eventually come. Importantly, these companies must be financially built for the tough times.

Here are four fantastic industrial and energy stocks with rock-solid fundamentals, all trading near their 52-week lows today.

1. ExxonMobil

Energy giant ExxonMobil (NYSE: XOM) is a fixture in fossil fuels. The company explores for, extracts, refines, and sells oil and gas products. ExxonMobil enjoyed banner years in 2022 and 2023, but the stock is near its 52-week lows due to weakness in commodity prices. The price of oil has retreated from triple-digits to between $70 and $80 per barrel. While refining margins improve when oil prices drop, the exploration business is too big to offset falling oil prices.

The good news is that ExxonMobil is financially sound. The company has $31 billion in cash on its balance sheet against $41 billion in total debt, resulting in just $10 billion net debt. Investors can enjoy a solid 3.6% dividend yield at the current share price, and the company has raised its dividend for 41 consecutive years, showing it's endured multiple industry ups and downs.

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waiting for 97 again

Weeeeeeeee. Away we go

shit keeps going down after 104. now have to day trade it

Badabing

bruh, i tode you, it always comes right back up and your divi never changes. It is always there

everytime it goes to 103 it comes right bacj down. i am goingbto buy and sell based on this trend

Here bruh. This is the Xom board. We don’t give a chit about the snake oil at ECSL. Go play on that board

https://finance.yahoo.com/news/5-reasons-why-exxonmobil-dividend-111600855.html

Disruptive Technology announced today. Truck Tower in Oklahoma City just announced results an additive that showed 26.73 mileage increase on their fleet using additive from Cyberfuels (ECSL) per Newswire this AM. They are aligning with Mabanaft GMBH & CO. KG
https://truckingtower.com/cyberfuels-trucking-tower/

Sweeeeeeeeet

Safest oiler out there.

XOM's current annual dividend is $3.80

ExxonMobil (XOM) maintains buy rating with $130 target after earnings
By: Investing | February 2, 2024

On Friday, ExxonMobil (NYSE:XOM) received a reiteration of a Buy rating and a $130.00 price target from Jefferies, following the company's disclosure of its fourth-quarter earnings for 2023. The earnings report indicated that ExxonMobil's adjusted earnings per share (EPS) for the quarter were approximately 14% higher than the consensus estimates, attributed to significant performance in both the Upstream and Energy Products divisions.

The company's capital expenditures for the fourth quarter amounted to roughly $6.2 billion, slightly exceeding expectations. This increase in spending was primarily due to investments in projects in Guyana and in the lithium sector. Despite this, the firm's free cash flow (FCF) fell marginally short of consensus projections by about 3%.

Jefferies highlighted the robust results from the company's core operations, which helped to surpass the average earnings expectations. The strong performance in the Upstream sector, which involves the exploration and production of oil and natural gas, along with gains in Energy Products, contributed to the favorable outcome.

The slight overage in capital expenditures was noted as a potential point of contention among observers, given its impact on the company's free cash flow. However, the investments are part of ExxonMobil's strategic developments, particularly in the expanding areas of Guyana's oil fields and the burgeoning lithium market, which is vital for battery production.

The maintained price target of $130.00 by Jefferies reflects a continued positive outlook on ExxonMobil's stock, despite the minor variance in capital spending and free cash flow in comparison to expectations. The company's performance in the last quarter of 2023 has been acknowledged as a strong indicator of its operational success.

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i saw cofee money today

Keep cashing the checks here or reinvesting to get rich. Weeeeeeeeeeee

lol

A billion kajillion dollars

1000 shares. how much divi?

A little setback today but the nice little divi is still there

Pepe: No one knows oil stocks better than you. I also have significant holdings in XOM and have for a long time, automatically having all of our dividends reinvested in new shares. That having been said, I have held large position in COP over the same period, and then COP and PSX after COP spun off Phillips (PSX) and the rest of the downstream holdings. COP/PSX has outperformed XOM over the period, primarily because COP was seriously undervalued at time of initial investment. They are all great holdings, and PSX hitting several new ATH's this week, and just raised its already hefty dividend by another 8%.