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0.000448748228625374 0.00165328294756732 0.00118091639111944 -0.000708549834671732 -0.00803023145961274 -0.00389702409069436 -0.00803023145961274 -0.0047236655644781
Stock impact report

Better Buy: ExxonMobil vs. Chevron Corporation [The Motley Fool]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: The Motley Fool
The oil and natural gas sector is getting hammered today by a painful combination of factors. There are already companies succumbing to bankruptcy, and there will likely be more before this down cycle is through. However, U.S. energy giantsExxonMobil(NYSE:XOMChevronNYSE:CVX. It's really ugly out there in oil landLow oil and natural gas prices aren't actually a new thing. Years of production growth in the United States have been upending the global supply/demand dynamics for quite some time, which put downward pressure on oil prices. To combat this, OPEC had been orchestrating production cuts. Earlier this year, however,Russia and OPEC got into a tiffthe energy sectorImage source: Getty ImagesAlthough Russia, OPEC, and the United States have appeared to come to terms on broader production cuts, the pain hasn't let up. That's because the efforts to combat the spread ofCOVID-9a cyclical industry. They are built to handle adversityThat's the backdrop against which Exxon and Chevron are op Show less Read more
Impact Snapshot
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