Previous close | 222.07 |
Open | 223.00 |
Bid | 220.30 x 1000 |
Ask | 222.48 x 1000 |
Day's range | 219.74 - 226.37 |
52-week range | 177.27 - 257.76 |
Volume | |
Avg. volume | 2,980,533 |
Market cap | 51.468B |
Beta (5Y monthly) | 1.34 |
PE ratio (TTM) | 10.51 |
EPS (TTM) | 20.98 |
Earnings date | 20 Feb 2024 - 26 Feb 2024 |
Forward dividend & yield | 13.96 (6.33%) |
Ex-dividend date | 29 Nov 2023 |
1y target est | 256.96 |
As Alaska Airlines (ALK) is set to buy Hawaiian Airlines (HA) for $1.9 billion, the Federal Trade Commission (FTC) is investigating Exxon's (XOM) planned merger with Pioneer Natural Resources (PXD). S&P Global Market Intelligence Editorial Lead Joe Mantone examines M&A activity in 2023, discussing with Yahoo Finance the conditions that could boost or hurt M&A forecasts for the new year. "Something that could help M&A in 2024 is if... [interest rates] stop rising, if they stay at an elevated rate without increasing, that can help boost M&A activity," Mantone says. "Just because buyers have a better idea of what their financing is going to cost." Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.
Exxon Mobil will target annual project spending of between $22 billion and $27 billion through 2027, the company said in an update that largely continues existing spending and production goals. The plan leaves out expected gains from the $60 billion acquisition of Pioneer Natural Resources, which is expected to close next year. Exxon has received two requests for information on the deal from the U.S. Federal Trade Commission.
Exxon Mobil CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss. Exxon's stock has underperformed rival Chevron over the course of Woods' tenure as CEO. Now, his biggest challenge lies ahead as he executes a strategy to compete for investors demanding high returns and lower greenhouse gas emissions.