XOM - Exxon Mobil Corporation

NYSE - NYSE Delayed price. Currency in USD
72.82
-0.35 (-0.48%)
At close: 4:05PM EDT

72.77 -0.05 (-0.07%)
After hours: 6:25PM EDT

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Previous close73.17
Open72.65
Bid72.77 x 1300
Ask72.82 x 900
Day's range72.33 - 72.97
52-week range64.65 - 87.36
Volume6,801,530
Avg. volume10,967,206
Market cap308.109B
Beta (3Y monthly)1.21
PE ratio (TTM)17.55
EPS (TTM)4.15
Earnings date31 Oct 2019 - 4 Nov 2019
Forward dividend & yield3.48 (4.76%)
Ex-dividend date2019-08-12
1y target est80.59
Trade prices are not sourced from all markets
  • Permian Oil Production Growth to Continue: 5 Stocks in Focus
    Zacks

    Permian Oil Production Growth to Continue: 5 Stocks in Focus

    Production from the Permian Basin of Texas and New Mexico is set to climb by 71,000 barrels per day to a record of about 4.485 million barrels per day in October.

  • Stock Market News For Sep 18, 2019
    Zacks

    Stock Market News For Sep 18, 2019

    Benchmarks closed in the positive territory on Tuesday as crude oil prices dropped as impact on Saudi Aramco???s attack faded.

  • Exxon Mobil seeks to sell Australian Bass Strait oil, gas assets
    Reuters

    Exxon Mobil seeks to sell Australian Bass Strait oil, gas assets

    Oil major Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its portfolio of assets around the world. The Gippsland Basin joint venture, off the state of Victoria, has long been the mainstay oil and gas supplier into southeastern Australia, but output from the fields is in decline. Operator Exxon's 50-50 joint venture partner in the assets is global miner BHP Group .

  • Oil & Gas Stock Roundup: Energy Transfer's Acquisition, ExxonMobil's Guyana Oil Find & More
    Zacks

    Oil & Gas Stock Roundup: Energy Transfer's Acquisition, ExxonMobil's Guyana Oil Find & More

    Midstream biggie Energy Transfer (ET) said on Monday it would buy SemGroup (SEMG) for $5.1 billion. Meanwhile, supermajor ExxonMobil (XOM) confirmed its 14th oil discovery off the coast of Guyana.

  • BP Stock: Should You Buy It Now?
    Market Realist

    BP Stock: Should You Buy It Now?

    BP (BP) stock rose 3.9% on Monday due to higher oil prices. The drone attack on Saudi Arabia’s oilfield increased WTI crude oil by about 13%.

  • Will Purdue’s Bankruptcy Engulf Its Owners?
    Bloomberg

    Will Purdue’s Bankruptcy Engulf Its Owners?

    (Bloomberg Opinion) -- The bankruptcy of Purdue Pharma LP lays bare a distinction that the internet is making it more and more difficult to maintain: that between a company and the people who own or founded it.The Sackler family owns Purdue Pharma, the maker of the opioid OxyContin, which has contributed to a crisis that has resulted in the deaths of hundreds of thousands of Americans. There are numerous charges and more than 2,000 lawsuits against the company and its owners, and some recent joint settlements. The company has now declared bankruptcy, and wants to give control of Purdue to a trust run by the states, cities and counties that have filed suit against it.But what about the personal fortune of the Sacklers, estimated at $13 billion or more? Under traditional corporate theory, there is a clear distinction between the assets of the corporation and those of the owners. The limited liability company can go under, but the assets of the company owners are safe — just as, say, holding shares of Volkswagen in your mutual fund did not expose you to any personal liability for the automaker’s actions in falsifying emissions data.It turns out that this distinction is harder to uphold, if only in the eyes of the public, when a single family owns and runs a company. Last week New York State alleged that the Sackler family drained at least $1 billion from Purdue for the purpose of avoiding penalties against the corporation and thus shielding its wealth. If it looks like the Sackler family was trying to avoid legal penalties and fines, there will be strong political pressure, possibly backed by public opinion, to go after those additional funds.More generally, if a company is endangered by lawsuits, and the suits are not settled, its owners have a rationale to extract money from the company and stash it far away. But doing so will elicit a legal and public response, and the distinction between the personal and the corporate will not always be respected.Consider the Federal Trade Commission’s recent settlement with Facebook, under which some of founder Mark Zuckerberg’s personal assets are potentially on the line if Facebook does not respect its privacy agreements with the federal government. Some FTC commissioners suggested harsher treatment yet for Zuckerberg’s personal assets.Or, to give another example, Senator Elizabeth Warren has been promoting the notion of personal criminal liability for corporate CEOs if the firms engage in wrongdoing. Her bill would extend corporate liability beyond the company itself, and of course most CEOs of major companies are also shareholders to some extent. Maybe the goal is to punish these individuals in their roles as executives rather than as shareholders. But such penalties would blur these distinctions in the mind of the public — and eventually, perhaps, under the law.So how does the internet matter in all this? First, social media is very effective at drumming up outrage, and negative news seems to have a longer lifespan than positive news. The media’s pre-existing negative bias has been amplified, creating further animosity against any actual or supposed corporate villain.More important, social media personalizes agency — in effect, making it easier to accuse particular individuals of wrongdoing. Mark Zuckerberg, Jeff Bezos, and the Koch brothers all have images or iconic photos that can be put into a social media post, amplifying any attack on their respective companies. It is harder to vilify Exxon, in part because hardly anyone can name its CEO (Darren Woods, since 2017), who in any case did not create the current version of the company. Putting the Exxon logo on your vituperative social media post just doesn’t have the same impact. With Bill Gates having stepped down as Microsoft CEO in 2000, it is harder to vilify that company as well.This personalization of corporate evil has become a bigger issue in part because many prominent tech companies are currently led by their founders, and also because the number of publicly traded companies has been falling, which means there are fewer truly anonymous corporations. It’s not hard to imagine a future in which the most important decision a new company makes is how personalized it wants to be. A well-known founder can spark interest in the company and its products, and help to attract talent. At the same time, a personalized company is potentially a much greater target.The more human identities and feelings are part of the equation, however, the harder it will be to keep the classic distinction between a corporation and its owners. As the era of personalization evolves, it will inevitably engulf that most impersonal of entities — the corporation.(Corrects second paragraph to say that hundreds of thousands of deaths have resulted from the opioid crisis, not the opioid OxyContin, in article published Sept. 16.)To contact the author of this story: Tyler Cowen at tcowen2@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tyler Cowen is a Bloomberg Opinion columnist. He is a professor of economics at George Mason University and writes for the blog Marginal Revolution. His books include "Big Business: A Love Letter to an American Anti-Hero."For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Energy Transfer Boosts Midstream Services Via SemGroup Buyout
    Zacks

    Energy Transfer Boosts Midstream Services Via SemGroup Buyout

    Energy Transfer's (ET) acquisition of SemGroup will make it a stronger midstream service provider in the United States.

  • ExxonMobil Strikes Oil Offshore Guyana for the 14th Time
    Zacks

    ExxonMobil Strikes Oil Offshore Guyana for the 14th Time

    ExxonMobil's (XOM) Tripletail-1 well, which is drilled at a depth of 2,003 meters of water, is located about five kilometers northeast of the Longtail discovery.

  • Investing.com

    Stocks - U.S. Futures Slip as Geopolitical Risk, Fed Eyed

    Investing.com - U.S. futures were slightly lower on Tuesday as heightened geopolitical risk and fading hopes for an interest rate cut from the Federal Reserve weighed on sentiment.

  • Exxon Mobil (XOM) Gains As Market Dips: What You Should Know
    Zacks

    Exxon Mobil (XOM) Gains As Market Dips: What You Should Know

    Exxon Mobil (XOM) closed the most recent trading day at $73.73, moving +1.5% from the previous trading session.

  • Attack on Saudi Arabia's oil infrastructure 'may have been an overstep': expert on Iran
    Yahoo Finance

    Attack on Saudi Arabia's oil infrastructure 'may have been an overstep': expert on Iran

    Iran denies any role in the attack on Saudi Arabia's oil infrastructure but analysts say evidence points to Iran and they are calling for a response that may include military action against Iran.

  • Investing.com

    StockBeat: Apache Jumps as Oil Soars

    Investing.com - Apache (NYSE:APA) shares were soaring Monday in the aftermath of a drone attack on Saudi Arabia oil facilities on Saturday.

  • Higher Oil Prices Boost XOM, CVX, Shell, BP
    Market Realist

    Higher Oil Prices Boost XOM, CVX, Shell, BP

    Rising oil prices boosted energy stocks on September 16, as the drone attack on Saudi Aramco’s oil field propelled oil prices by about 10%.

  • E-Fracs Hold Promise But Do Not Appear Appealing to Industry
    Zacks

    E-Fracs Hold Promise But Do Not Appear Appealing to Industry

    E-Fracs can reduce the cost of fracking in a well by $350,000 from $6-$8 million standard cost per well for oil and gas producers.

  • Business Wire

    ExxonMobil Announces Oil Discovery Offshore Guyana at Tripletail

    IRVING, Texas-- --  Tripletail-1 well is located in Turbot area on the Stabroek Block Fourth drillship to begin Guyana operations in October ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the ...

  • 5 Oil Stocks to Win Big as Prices Jump on Middle East Tension
    Zacks

    5 Oil Stocks to Win Big as Prices Jump on Middle East Tension

    The drone attack on Saudi Arabia could have a far-reaching impact on oil prices as it eliminated roughly 5% of daily oil supply globally and it is not possible to mitigate these losses immediately.

  • Exxon Mobil Rises 3%
    Investing.com

    Exxon Mobil Rises 3%

    Investing.com - Exxon Mobil (NYSE:XOM) rose by 3.36% to trade at $75.08 by 09:30 (13:30 GMT) on Monday on the NYSE exchange.

  • Reuters - UK Focus

    UPDATE 2-Tullow to drill at least 3 new Guyana wells in 2020 after second discovery

    Tullow Oil plans to drill three or more oil exploration wells in Guyana next year, Chief Executive Officer Paul McDade said on Monday after the firm's second offshore oil discovery in the South American country. Tullow shares were trading more than 8% higher at 16:30 GMT (12:30 p.m. EDT), also supported by a sharp rise in crude oil prices following a weekend attack on Saudi Arabia's production facilities. Guyana has no history of oil production, but a series of offshore discoveries in recent years by Tullow and Exxon Mobil are set to transform the South American country's economy.

  • Reuters - UK Focus

    U.S. shale seen unlikely to quickly replace barrels lost in attack on Saudi facilities

    U.S. shale producers have added millions of barrels to global crude supply in recent years, but that does not mean they can quickly replace barrels lost from weekend attacks on Saudi Aramco facilities, energy experts said on Sunday. Shale producers this year have been cutting budgets and workers and trimming production goals after years of heavy spending. Producers will see increased demand, especially from Asian buyers.

  • U.S. Biofuels Policy: Oil & Corn Industries Fight It Out
    Zacks

    U.S. Biofuels Policy: Oil & Corn Industries Fight It Out

    Farm groups and ethanol organizations are angered by the sharp increase in exemptions provided by the Andrew Wheeler-led Environmental Protection Agency to the oil refiners.

  • Chevron Stock Falls in Q3: Where’s It Headed?
    Market Realist

    Chevron Stock Falls in Q3: Where’s It Headed?

    Chevron (CVX) stock has fallen 1.4% since July 1, 2019, the beginning of the current quarter. Prices of WTI crude oil have fallen 6.0% in the quarter.

  • ExxonMobil-Led Consortium Wins 3 Brazil Deepwater Blocks
    Zacks

    ExxonMobil-Led Consortium Wins 3 Brazil Deepwater Blocks

    ExxonMobil (XOM) along with Murphy Oil and Enauta consents to pay $1.9 million for purchasing SEAL-M-505, SEAL-M-575 and SEAL-M-637 blocks in the offshore Sergipe-Alagoas Basin.

  • The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero
    Zacks

    The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero

    The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero

  • US Solar Consumption on the Rise: 3 Stocks to Buy
    Zacks

    US Solar Consumption on the Rise: 3 Stocks to Buy

    Recent developments in the solar industry are making solar stocks attractive investment options.

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