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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally.
It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas.
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Ceasefire headlines triggered a relief rally in chip and AI stocks, with Intel up 22%, Micron up 13%, and Broadcom up 20% over five days. Oil stocks like ExxonMobil and Chevron declined on peace hopes, but remain significantly up year-to-date; crude oil prices are still elevated versus start-of-year levels.
The CBOE Volatility Index is trading near 19.5 this morning, but a single number released at 8:30 a.m.
ExxonMobil is one of the world's largest energy companies. ExxonMobil's biggest strength right now is its balance sheet.
Stock News Oil shock eases slowly: Exxon Mobil (XOM) and peers face lingering supply and transit risks as ceasefire uncertainty around the Strait of Hormuz dela
Oil prices skyrocketed in the first quarter due to the war with Iran. Iran caused significant disruptions to the oil market during the quarter.
Exxon Mobil faces a 6% production impact from Middle East disruptions starting in March. XOM's Middle East operations account for 20% of production but contribute less to overall earnings. Production losses may weigh more heavily on Q2 results, depending on the restoration pace and timing of resumed output.
Oil and natural gas prices are volatile, and the current market upheaval isn't all that unusual. Exxon and Chevron are built to survive the current geopolitical conflict, as they have done so many times before.
Stock News Oil slumps, stocks jump on truce: Global crude prices tumbled (Brent briefly under $92) and equities rallied after a conditional U.S.-Iran two-week c
Exxon Mobil Corp plans overhauls in the spring and at the end of this year at its 612,000 barrel-per-day Beaumont, Texas refinery, said people familiar with plant operations.
Exxon Mobil (XOM) is heading into its first-quarter print with a growing disconnect between operational disruption and commodity tailwinds, as the Iran war begi
Oil and energy company ExxonMobil (NYSE:XOM | XOM Price Prediction) and Chevron (NYSE:CVX) closed out 2025 with results that reveal two very different oil giants navigating the same crude price headwind.
Markets are rallying Wednesday on the news of a two-week ceasefire in Iran, but some stocks are bucking the trend.
Despite a "fragile truce" in the U.S.-Iran ceasefire, Jed Ellerbroek sees Wednesday's relief rally as important after a market that's experienced a lot of chop. He outlines his expectations for a turnaround in Big Tech stocks, including Amazon (AMZN) and Microsoft (MSFT), the latter of which he says is "cheaper than Exxon Mobil (XOM).
ConocoPhillips and ExxonMobil are both benefiting from higher oil prices. Each energy company has a respectable dividend payout.
ExxonMobil CEO Darren Woods famously deemed Venezuela's energy sector to be “uninvestible” in his company's view during a White House meeting on January 9. On Monday, J.P.
