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The Latest Breaking News from Exxon

Exxon Valdez Capt. Joseph Hazelwood dies at 75

Joseph Hazelwood, the captain of the Exxon Valdez that grounded on Alaska’s Bligh Reef in 1989, causing one of the nation’s worst oil spills, has died

The Independent UK

Big oil and Opec are holding the world to ransom – it’s time to rein them in

The UN’s call for windfall taxes must be taken up by governments to help break the power of greedy cartels

The Guardian - UK

Top Financial Stories Thursday, September 1: Netflix Weighs Charging High Sum For Ads, Self Harm posts Grow On Twitter, California Fast-Food Bill Faces Industry Backlash…

Wall Street Journal

Benzinga

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Benzinga Before The Bell: Tesla Sues Louisiana Automobile Dealers Association, Will iPhone 14 Feature Satellite Connectivity?, Netflix Denies $7 To $9 Ad-Supported Plan And Other Top Financial Stories Tuesday, August 30

Reuters Taiwan’s China Airlines Orders 16 Boeing 787s

Benzinga

Oil Companies Prioritize Buybacks Over Production Gains

Oil companies are focusing on returning money to investors over increasing oil production.

Investors Business Daily

Oil money is flooding into Guyana. Who will benefit?

Ever since Exxon Mobil found vast deposits of oil off Guyana's coastline in 2015, government leaders have pledged that black gold would transform the fortunes of one of South America's poorest countries.

Reuters

Here's Why Exxon Mobil Could Be Headed Back To All-Time Highs

Exxon Mobil Corporation (NYSE: XOM) was trading flat on Wednesday after a big bullish day on Tuesday saw the stock gap up 1.53% and rally an additional 2.56% intraday.

Benzinga

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Gas prices dip just below $4 for the first time in 5 months

Gasoline prices are dropping back toward the $4 a gallon mark, their lowest point in more than five months

The Independent UK

Exxon Stock Is Rebounding; Why A Covered Call Could Boost The Yield By 30%

The $2.70 in premium received also gives a small buffer on the downside of almost 3%.

Investors Business Daily

Crude-Oil Pricing Outlook Remains Murky

Predicting the direction of oil prices in the second half is challenging due to geopolitical tension and unclear consumer demand.

The Street

ExxonMobil bid to end Indonesia lawsuit found ‘meritless’

US judge dismisses oil and gas giant’s arguments for avoiding trial over alleged human rights abuses in Indonesia.

Al Jazeera

Dow Jones Falls After Jobless Data; Alibaba Jumps On Earnings

The Dow Jones Industrial Average fell Thursday after jobless claims data. Next, investors await Friday's highly anticipated jobs report.

Investors Business Daily

Dow Jones Rallies Amid Key Economic Data; AMD Tumbles On Weak Sales Outlook

The Dow Jones Industrial Average climbed Wednesday ahead of new economic data, while AMD stock dived 6% on a weak sales outlook.

Investors Business Daily

Dow Jones Sells Off As Pelosi Heads To Taiwan; Uber Surges On Strong Sales

Dow Jones futures dropped 200 points Tuesday on rising U.S.-China tensions, as House Speaker Nancy Pelosi heads to Taiwan.

Investors Business Daily

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Investors Business Daily

Dow Jones Futures Fall: 7 Top Stocks To Buy And Watch In Today's Stock Market

Dow Jones futures fell 130 points early Tuesday. Seven stocks to buy and watch include energy giants Chevron and Exxon.

Benzinga

4 High Dividend Yield Energy Stocks To Consider During The Market Downturn

With the Federal Reserve raising interest rates and market conditions becoming more volatile, earning an average return or even beating the market is increasingly challenging.

Investors Business Daily

Equinor Stock Near Buy Point As Russia Threatens To Cut Off Europe

Norwegian energy play Equinor is Stock Of The Day amid booming earnings as Russia threatens to cut off Europe. Equinor stock is near a buy point.

The Guardian - US

Workers are being punished for inflation. The real culprit is corporate greed

Big corporations are using inflation as cover to raise prices. Yet the US Federal Reserve is raising interest rates – further hurting Americans

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news in one place.

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Investors Business Daily

Dow Jones Futures: Stock Market Rally Bets On Just-Right Outlook; Apple, Exxon Flash Buy Signals

The market rally had big gains in a critical week. Apple and Exxon flashed aggressive buys. China EV sales rose vs. a year earlier.

Investors Business Daily

Stock Market Higher On Earnings; These 2 Stocks Top Buy Points

The stock market was headed for another gain Friday afternoon as the Nasdaq climbed 1.4%

Investors Business Daily

Fueling Carbon Capture In the Oil Industry: Production, Net Zero And ESG

Carbon capture is fast becoming a crucial tool for the rising number of companies pledging to reach net zero emissions targets.

The Guardian - US

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

Evening Standard

Oil giants report record results amid petrol and energy price hikes

Exxon Mobil, Chevron and Shell all came out on top in second quarter financials

Bangkok Post

Oil giants report record profits

The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue and profits on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.

The Street

Exxon Stock Higher As Q2 Profits Near $18 Billion Amid Crude Price Surge

“Strong second-quarter results reflect ... the investments we put in motion several years ago and sustained through the depths of the pandemic,” said CEO Darren Woods.

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