Crude oil prices tumbled on Monday after U.S. President Donald Trump announced that negotiations with Iran would begin later in the day, saying there’s a deal to reopen the Strait of Hormuz and that talks on the denuclearization of Iran would follow.The remarks eased fears of prolonged supply disru…
GAAP earnings for 2Q26 reached $14.5B with record upstream and Permian production, while cash flow from operations was $23.6B. Structural cost savings rose to $16.3B since 2019, and the fifth Guyana FPSO is set to boost capacity in 4Q26.Original document: ExxonMobil Holdings Corporation [XOM] Slide…
Exxon Mobil Corporation (NYSE:XOM):ExxonMobil Holdings Corporation today announced second-quarter 2026 earnings of $14.5 billion, or $3.48 per share. Adjusted earnings were $14.7 billion, or $3.52 per share. Cash flow from operating activities was $23.6 billion and free cash flow was $17.2 billion…
Exxon Mobil NYSE:XOM, a major U.S. oil and natural-gas producer, rose approximately 3.3% in Wednesday's regular-session trading as of 11:18 a.m. ET as renewed Middle East airstrikes drove oil prices nearly 7% higher. Brent crude advanced $5.70, or 6.8%, to $89.79 per barrel. West Texas Intermediate…
What Happened? A number of stocks jumped in the afternoon session after renewed fighting across the Middle East, and a larger-than-expected drop in U.S. crude stockpiles reinforced concerns over oil supply.Crude oil futures jumped more than 6%—snapping a three-day losing streak—as renewed fighting…
U.S. companies reported a significantly more constructive outlook for transatlantic trade and investment relations one year after the United States and European Union reached a trade agreement. A survey from the American Chamber of Commerce to the European Union found that 51% of respondents expect…
Oil prices retreated sharply Monday, pulling energy shares lower after the United States and Iran paused military strikes over the weekend, easing immediate concerns about disruptions to global crude supplies.Energy producers and refiners moved lower in premarket trading alongside the drop in crude…
Exxonmobil Holdings Corporation (NYSE:XOM) will report Q2 2026 results July 31 with a live call and materials on investor.exxonmobil.com as Piper Sandler starts coverage with a Neutral rating, while a 5th Circuit ruling vacated an OSHA penalty by limiting reporting to physical—not mental—injuries.P…
XOM (ExxonMobil Holdings Corporation) is set to announce its Q2'26 results on July 31, before the market opens. The earnings are expected to be disclosed at 6:30 AM ET (10:30 AM UTC).For Q2'26, revenue estimate is 110.01 billion USD with EPS (earnings per share) anticipated at 3.61 USD. Learn more…
Shares of Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) were mixed in early premarket trading on Friday as oil prices soared over $100 a barrel on Thursday.XOM stock is up nearly 28% so far in 2026 and CVX stock has gained about 25% in the same time. Yet, Piper Sandler sees further upside in both…
Shares of major oil companies and exchange-traded funds (ETFs) climbed higher in the premarket session on Wednesday after Brent and WTI crude prices surged amid the ongoing conflict between the U.S. and Iran.Brent crude futures expiring in September rose more than 3.5% higher to $94.25 per barrel a…
ExxonMobil Holdings Corporation (NYSE: XOM) will release its second quarter 2026 financial results on Friday, July 31, 2026. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com.Darren Woods, Chairman and Chief Executive Officer…
Shares of multiple oil companies and oil exchange-traded funds climbed overnight late Sunday after Brent crude prices rose above $90 a barrel amid escalating tensions between the U.S. and Iran.Mohamed El-Erian, Chief Economic Advisor at Allianz, noted on X late Sunday, “Responding to this weekend's…
ExxonMobil Corporation XOM, the U.S. oil and gas giant, has an integrated business model spanning upstream operations, refining and trading. Since it derives the majority of its earnings from its upstream business, ExxonMobil continues to focus on its advantaged assets to grow its production and su…
Just before the U.S. celebrated the Fourth of July, the government established a Memorandum of Understanding with Iran. The two countries set the steps required to reopen the Strait of Hormuz.The MOU ended abruptly late last week. Iran established ship routes that must pass its side of the Strait…
What Happened? A number of stocks jumped in the afternoon session after oil prices surged following attacks on commercial ships near the Strait of Hormuz.Multiple tankers were reportedly struck by projectiles in the critical shipping lane, a key passageway for global oil transport. The incident imm…
President Donald Trump has pushed back on concerns over his crypto holdings after disclosures showed he earned at least $1.4 billion in 2025 from crypto and memecoin-related firms. Speaking to CNBC at the White House, Trump said he was not aware of the full scope of the ventures but argued there wa…
Exxon MobilCorporation XOM has surged 19.5% over the past year, almost in line with the 19.4% improvement of the composite stocks in the industry. BP plc BP and Chevron CVX, two other integrated players in the same space, have gained 19.6% and 9.7%, respectively, over the same time frame.Since XOM…
Northwest European gasoline refining margins rose 95 cents to $40.55 a barrel on Monday to a fresh four-year high, boosted by lower supplies.
Northwest European gasoline refining margins eased $2.15 to $35.16 a barrel on Thursday but still hovered near multi-year highs as supply concerns supported margins.
