I’m bullish on Energy broadly. I think the underinvestment in the sector is real, and it’s still largely under-allocated as investors chase Technology. If you are of the same mindset, then the Strive U.S. Energy ETF (NYSE:DRLL) is a fund you may have come across, which, unfortunately, isn’t my favorite in the space. So let’s…
olaser Introduction and Thesis I first wrote about Exxon Mobil Corporation (NYSE:XOM) in August 2023. Considering that my articles are written with a 5-10 year timeframe in mind, I didn’t anticipate writing a new piece on the company so soon after the first article. However, material developments regarding Exxon’s business that I wasn’t fully aware…
zodebala Introduction In early February of this year, I began covering Exxon Mobil (NYSE:XOM) stock here on Seeking Alpha, and since then, the stock has surged by 15.8%, outperforming the market’s return by about threefold. Needless to say, I am incredibly pleased with this outcome. Seeking Alpha, Oakoff’s coverage of XOM My thesis at the…
imaginima On Friday, April 26, 2024, oil and gas supermajor Exxon Mobil Corporation (NYSE:XOM) announced its first quarter 2024 earnings results. At first glance, these results were somewhat mixed. The company did manage to beat the expectations of its analysts in terms of revenue, but unfortunately, it missed their earnings expectations. For its part, the…
JHVEPhoto Exxon Mobil (NYSE:XOM) is set to detail how it benefited from the strong price increase for WTI crude oil on April 26, 2024 which is when the company is expected to release first-quarter earnings. The petroleum company has likely seen a drastic increase in the average price for petroleum in Q1’24 which in turn…
Michael H Exxon Mobil Corporation is the titan of the oil industry. I wrote an article a couple of months ago explaining why I thought that the American Energy Titan was slated to dominate the last chapter of the Energy industry. Furthermore, that chapter is likely to be longer than a lot of folks appear…
Michael M. Santiago Introduction Exxon Mobil (NYSE:XOM) has been a key driver in my portfolio and allowed me to outperform the market since 2020. During the pandemic, I bought the stock dirt cheap close to $30, when the entire world was buying tech, growth, and alternative investments like crypto and pictures of rocks. However, I…
David McNew My Thesis Exxon Mobil Corporation (NYSE:XOM) (NEOE:XOM:CA), one of the largest integrated oil and gas companies in the world, seems to me to be the best play among the O&G majors due to the combination of positive factors we can see from the latest quarterly results, as well as how cheaply XOM stock…
Joe Raedle Intro & Thesis I remember very well the saying that you shouldn’t try to time the market. But that’s basically the bread and butter of Wall Street analysts because even if they don’t try to predict the exact high or low of a stock, their calls to buy or sell in a certain…
Customers fill their gas tanks at an Exxon-branded gas station. hapabapa/iStock Editorial via Getty Images Dividend growth isn’t always a cut-and-dry-positive. It probably sounds strange that I would say this as a dividend growth investor, but that’s because growing the dividend for the sake of growing it isn’t sustainable. Ideally, before growing a dividend, a…
Exxon Mobil Corporation (NYSE:XOM) 2023 Corporate Plan Update December 6, 2023 10:00 AM ET Company Participants Jennifer Driscoll – Vice President, Investor Relations Darren Woods – Chairman, Chief Executive Officer Kathryn Mikells – Senior Vice President, Chief Financial Officer Conference Call Participants Doug Leggate – BofA Securities Neil Mehta – Goldman Sachs Devin McDermott –…
Liudmila Chernetska We previously covered Exxon Mobil Corporation (NYSE:XOM) in June 2023, discussing its uncertain prospects due to the widening gap between the declining crude oil prices and its elevated stock prices/ premium stock valuations. We had believed that there might be more painful corrections ahead, with it remaining to be seen if the crude…
chitsanupong kathip The past 3-year period has been one of the best on record for the Energy sector and high quality names, such as Exxon Mobil (NYSE:XOM) in particular. Buying XOM when the stock was trading in the 30s was a tough decision to make for both retail and institutional investors alike and yet the…
UniqueMotionGraphics Exxon Mobil Corporation (NYSE: NYSE:XOM) aka ExxonMobil just announced its planned second act. The company’s goal is to become a leading supplier for lithium in electric vehicles. It’s begun that second act by slowly acquiring 120 thousand acres in Arkansas, which it plans to utilize to produce the lithium for more than 1 million…
Michael M. Santiago It has been about a month since Exxon Mobil (NYSE:XOM) and Pioneer Natural Resources (NYSE:PXD) announced their $59.5b merger. This highly accretive merger is expected to close sometime in 1h24 and will significantly bolster Exxon’s upstream daily production volumes by 16% and total upstream revenue by 30% as well as provide margin-expanding…
PhonlamaiPhoto Back in May the Wall Street Journal reported that Exxon (NYSE:XOM) had quietly accumulated 120,000 gross acres in Arkansas’ Smackover formation for more than $100 million (see Exxon Joins Hunt For Lithium). But Exxon’s investment wasn’t to explore or produce oil and gas, it was to mine lithium. Today (Monday Nov. 13), Exxon announced…
jroballo Considering Robert Friedland Robert Friedland is a legend in the mining industry. He is a member of the Canadian Mining Hall of Fame (2016) and the American Mining Hall of Fame (2021). He was involved in the discovery of the Voisey’s Bay nickel discovery (later purchased by Inco for CAD $4.3 billion and is…
BrianAJackson/iStock via Getty Images Introduction The current selloff in everything oil could be handing us an entry point to Exxon Mobil Corporation (NYSE:XOM) we thought had slipped by. The company has returned to the low $100’s in the recent oil market froth brought on by the retrenchment of WTI prices (CL1:COM) into the low $80’s…
Andrii Iemelyanenko/iStock via Getty Images Introduction It’s almost that time of the year. One of everyone’s favorite holidays, Halloween. Where people get to dress up as their favorite characters and go out to have fun. I remember as a kid being really excited to go out and get a bunch of candy to come home…
Brandon Bell Exxon Mobil (NYSE:XOM) last week announced a major acquisition that is set to make a huge impact on the company’s production business, especially in the Permian, a basin that is known for delivering strong production growth and high margins for Exxon Mobil as well as other production companies that have productive assets there….
CHUNYIP WONG Exxon Mobil (NYSE:XOM) is a $435 billion multinational oil and gas company, the largest publicly traded in the world besides Saudi Aramco. Rumor has it the company is considering a massive $60 billion acquisition of Pioneer Natural Resources (NYSE:PXD), which would make a massive Permian producer at a 20% premium and represent one…
A filing with the SEC shows that Exxon Mobil’s third-quarter earnings received a major boost from the high crude oil prices Oil and gas giant Exxon Mobil Corp (NYSE: XOM) is said to be in advanced talks to acquire shale-focused company Pioneer Natural Resources Co. According to a Wall Street Journal report citing an anonymous…
spooh Exxon Mobil Corporation (NYSE:XOM) is one of the largest in the space right now and has a massive market cap of $460 billion. The company is unlikely in my opinion to ever exhibit a significant discount to the rest of the sector because it is the sector. With that said, the company can still…
Brandon Bell Exxon Mobil (NYSE:XOM) experienced a sharp drop-off in free cash flow in the second fiscal quarter which is related to the decline in price realizations in end markets. Exxon Mobil still generated a solid $5B in free cash flow in the second quarter but may face improved prospects for earnings and free cash…
jroballo After a strong year in 2022, sales of electric vehicles (EVs) have accelerated in 2023, and the United States is arguably the fastest-growing market in the world. That new market reality has apparently left an impression on some of the world’s largest companies, particularly Exxon Mobil (XOM). At the end of July, news broke…
Justin Sullivan/Getty Images News Exxon Mobil Corporation (NYSE:XOM)’s recent quarter illustrates a multifaceted scenario of success and struggles, revealing a challenging financial environment. The company reported earnings that were down from the previous quarter’s figures, affected by lower natural gas realizations and industry refining margins. Despite these difficulties, the negative influence was partially softened by…
JHVEPhoto Exxon Mobil (NYSE:XOM) posted Q2 earnings that are down sequentially and year-on-year: Exxon Mobil Press Release The bearish thesis is that the 2022 results were an anomaly sparked off by the geopolitical worries. As oil prices have receded from the triple digits, Exxon, and other energy producers would default to the lackluster returns of…