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Business

“Investors want Exxon Mobil to pivot. Here’s the oil giant’s new playbook”

“…Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage. Carbon capture is the process of capturing CO2 at its… Continue Reading…

Stocks

“Exxon posts highest quarterly profit in years, but revenue disappoints”

“…The company earned $1.58 per share during the period on an adjusted basis, which was ahead of the $1.56 analysts surveyed by Refinitiv were expecting. Revenue totaled $73.79 billion, short of the $76.34 billion the Street was expecting. “All three… Continue Reading…

Stocks

“Is Exxon Stock A Buy Ahead Of Q3 Earnings As Oil Prices Hit Multi-Year Highs?”

“FactSet analysts expect Exxon to swing to a profit of $1.56 per share in Q3 vs. an 18 cents per share loss in the year-ago quarter. Revenue is seen climbing 54% to $71.13 billion. Exxon has remained committed to its… Continue Reading…

Business, Stocks

“Exxon Rival Could Be First Oil Major To Resume Stock Buybacks”

“BP (BP) announced Tuesday that it likely hit its debt-reduction target in the first quarter, helped by assets sales and rebounding oil prices. BP stock rose.it’s now been more than a year since the coronavirus pandemic hit if you can believe… Continue Reading…

Stocks

“Barron’s Picks And Pans: Exxon Mobil, GameStop, Intel, 3M, Toll Brothers And More”

“”3M Stock Is Unloved and Underpriced. Here’s Why It Could Shoot Up Higher” by Ben Levisohn discusses why 3M Co (NYSE: MMM) stock could be poised to ride an economic rebound. After all, the conglomerate makes the adhesives, abrasives and chemicals that companies… Continue Reading…

Stocks

“Is Exxon Stock A Buy While Dividend Holds Steady Amid Steep Cuts?”

“On Oct. 30, Exxon reported a loss of 18 cents per share in Q3 vs. a profit of 68 cents per share in the year-ago quarter. Wall Street was expecting a loss of 28 cents per share. Revenue fell 29% to… Continue Reading…

Stocks

“Millennials Lose Their Shirts On These 3 Collapsing Stocks”

“Millennials are down 50% or more on three of their most popular 100 stocks, which they also were big holders of coming into the year. The big losers they’ve ridden down this year include industrial American Airlines (AAL), financial Wells Fargo (WFC) and energy Exxon… Continue Reading…

Stocks

“3 Stocks for Investors Chasing High Paying Dividends”

“Exxon Mobil Corporation… As of Nov. 26, 2020, the stock has a market capitalization of $172.55 billion and trades around 25% higher over the past month. From a chart perspective, a recent breakout above a 10-month downtrend line may trigger… Continue Reading…

Business, Stocks

“Exxon Mobil’s Dividend Yield Hits 10%: What Investors Need To Know”

“What Happened: Exxon Mobil Corporation’s (NYSE: XOM) dividend yield is sitting above 10% as of Thursday. The company paid out a dividend of 87 cents in September. Based on the ex-dividend date of Aug. 12, the annual dividend rate was 7.9%. The dividend… Continue Reading…

Stocks

“Why Exxon’s Stock Could Hit $100 In 2020”

“Exxon investors’ long-time suffering may end in the New Year. Oil and gas giant ExxonMobil (NYSE: XOM) could soon go from bleeding cash to gushing profits, with some serious upside.   Bank of America Merrill Lynch has even tapped XOM as its top 2020… Continue Reading…