Natural Gas Boom Fizzles as a U.S. Glut Sinks Profits [The New York Times]
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 New York Times
HOUSTON — A decade ago, natural gas was heralded as the fuel of the future. In shale fields across the country, hydraulic fracturing uncorked a lucrative new source of supply. Energy giants like Exxon Mobil and Chevron snapped up smaller companies to get in on the action, and investors poured billions of dollars into export terminals The boom has given way to a bust. A glut of cheap natural gas is wreaking havoc on the energy industry and companies are shutting down drilling rigs, filing for bankruptcy protection and slashing the value of shale fields they had acquired in recent years. Chevron, the country’s second largest oil and gas giant after Exxon, said on Tuesday that it would write down $10 billion to $11 billion in assets While cheap natural gas continues to take market share from coal “In the short term the gas market is oversupplied and is likely to remain so for the next few years,” said Andy Brogan, oil and gas global sector leader at EY, the firm formerly known as Ernst &
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
- Analysts revamp Diamondback Energy's stock price target ahead of earnings [Yahoo! Finance]Yahoo! Finance
- Pioneer Natural Resources Announces First Quarter 2024 Earnings News Release Date [Yahoo! Finance]Yahoo! Finance
- ISASecure Issues World's First Security Level 3 Certifications for ISA/IEC 62443 Cybersecurity Standards [Yahoo! Finance]Yahoo! Finance
- Global Hydraulic Fluids Market Size To Worth USD 31.9 Billion By 2033 | CAGR of 3.88% [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 2/2/24 - Miss
XOM
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEFA14A
- XOM's page on the SEC website