Tag
ExxonMobil
4 articles
ExxonMobil Pivots to Guyana and Refining as Margins Face Headwinds
XOM trades at S&P 500 valuations while emphasizing Guyana production and record refining margins—but elevated fuel spreads may not persist.
Joliet Refinery Outage Tightens Midwest Supply, Risks Rate-Cut Delay
ExxonMobil's 275,000 barrel-per-day facility went offline Monday as Midwest refining runs near 98 percent utilization, leaving no slack for unplanned disruptions.
ExxonMobil Set for Outsized Dividend Raise on $40B Buyback and $89 Brent Crude
With $145 billion in projected surplus cash flow and oil prices 37 percent above guidance, the energy giant could exceed Wall Street's $0.03-$0.04 per share expectation.
XLE Fund Eyes $105 Target: Oil Demand and OPEC+ Cuts Drive Summer Rally
Energy Select Sector SPDR Fund offers exposure to major oil and gas producers benefiting from seasonal consumption increases and stable crude prices above $80 per barrel