Exxon Mobil's Problem Is Strategic, Not Pandemic [Yahoo! Finance News]
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: Yahoo! Finance News
Opinion) -- It’s been a week of milestones for Exxon Mobil Corp., and not in a good way. The oil major froze its dividend for the first time in 13 years and then, on Friday morning, announced its first quarterly loss in decades. Covid-19 plays a big part, obviously, but Exxon’s strategy is the big problem, particularly on its home turf.As at the company’s March analyst day, CEO Darren Woods began with a familiar declaration of long-term growth trends for oil and gas. Even back then, this “straight line” view of global energy’s future looked questionable. Eight long weeks on, it looks divorced from reality; the very first analyst question gently raised that possibility, citing jet fuel in particular which is critical). Exxon’s high-spending strategy implicitly demands a recovery in oil and gas prices, which makes it more like an exploration and production company than a major. While the company has slashed this year’s capex budget to $23 billion, that remains above the pre-Covid guidan
Show less
Read more
Impact Snapshot
Event Time:
XOM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XOM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XOM alerts
High impacting Exxon Mobil Corporation news events
Weekly update
A roundup of the hottest topics
XOM
News
- Stock Market Today, April 17: Oil Prices Drop As Strait of Hormuz Reopens [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stock Market Today, April 17: Oil Prices Drop As Strait of Hormuz Reopens [Yahoo! Finance]Yahoo! Finance
- How The Exxon Mobil (XOM) Narrative Is Shifting With New Oil Price And Valuation Assumptions [Yahoo! Finance]Yahoo! Finance
- Investing.com's stocks of the week [Yahoo! Finance]Yahoo! Finance
- Chevron, Other Oil Firms Gain US Supreme Court Backing in Louisiana Lawsuits [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 4/9/26 - Form DEFA14A
- 4/8/26 - Form DEFA14A
- 4/8/26 - Form DEFA14A
- XOM's page on the SEC website