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Exxon Taking Stake In Sprawling $29 Billion LNG Project In Qatar
Article By:
Tyler Durden
Wednesday, June 22, 2022 4:34 AM EDT
Exxon is joining some of the largest oil supermajors in the world, including ConocoPhillips, TotalEnergies and Eni SpA in investing in a $29 billion project to help Qatar boost its gas exports.
In this article: XOM
'Big Oil' Responds To Biden: Here Are 10 Things You Can Do To Ease Gas Prices
Article By:
Tyler Durden
Friday, June 17, 2022 4:43 AM EDT
Following President Biden's letter to many 'Big Oil' executives, Exxon Mobil and the American Petroleum Institute representing 'Big Oil" issued a response.
In this article: XOM
“Exxon Made More Money Than God” — But Far Less Than Apple
Article By:
Robert Rapier
Thursday, June 16, 2022 4:13 PM EDT
ExxonMobil is selling a product whose price is set in the global commodity markets. They earn a fraction of Apple’s profits.
Exxon Soars Above $100 For The First Time In 8 Years And Just Off Record High, As Wall Street Rushes In
Article By:
Tyler Durden
Tuesday, June 7, 2022 12:27 PM EDT
Back in the fall of 2020, when Exxon stock crashed to the lowest price in two decades, trading below $40, and just couldn't catch a break.
In this article: XOM
Yes, They Are Coming For The Oil Companies
Big Trouble For The Big Three U.S. Oil Companies: Financial Disaster In Its Domestic Oil & Gas Sector
So if oil stays at 10 19 or 25 yes $XOM is in trouble. But no one thinks $WTI will be that low for long. #Oil is trading mid 30s right now and if it trades above 40 in the upcoming weeks. XOM and its dividend will be just fine.
All Time Highs Or A Fed Fueled Fantasy?
You might like this article about $XOM
talkmarkets.com/.../lousy-shale-economics-financial-troubles-continue-at-exxonmobil
All Time Highs Or A Fed Fueled Fantasy?
Yes @[Saeedm](user:93475), that's $XOM in a nutshell. #ExxonMobil
XLE Underperforming Crude Oil - Divergence To End Soon?
I remain stead fast believer that U.S energy stocks will make a comeback with #oil prices but many are over leveraged and thats certainly not what investors want right now. I like the idea of using covered calls on $XOM I am trying to learn how to use options more effectively.
People Aren't Buying Highs; They Are Buying Dips
As they should. #Exxon may be a great dip buy given they absorbed their asset write off in 1 quarter. Especially since they are liable to add it back in later which is why the whole baloney about their assets not being written off is so bunkus. In reality, if they followed the suit guidance they should write up their assets as well to market because most of their assets are undervalued when they bought them as they should be. This is why they are the leaders in oil.
If we see decent revenues increase this year the stock will surge. $XOM
Deducing The Crash In Oil: How Would Sherlock Holmes Drill Beneath The Headlines?
Not a good time to be a $XOM or $CVX shareholder.
Who Is Your Pick In The Super Bowl Of Stocks?
You certainly make the case for $XOM, but that Apple magic definitely needs to be factored in.
Apple fans are very passionate about the company and its products and that makes the stock worth a premium. Plus their products have outsold all expectations. I don't see this changing any time soon. It was a bit iffy after Jobs' departure but clearly the company has still got the "right stuff."