Tech and energy are teaming up, creating a market that could grow 500% in the next 5 years [MSNBC.com]
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: MSNBC.com
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions could grow 500% over the next five to six years, saving oil producers roughly $150 billion, while creating an ever-larger market for tech companies in the highly competitive — and high margin — business of cloud computing. Opportunities for savings include cutting capital expenditures as well as selling, general and administrative operating costs and transportation operating costs. "The digital age is finally dawning for Oil & Gas … We see a market poised to erupt over the next five years," Barclays said in January in a note to clients. "The last 12 months has seen a dramatic shift in adoption, with numerous announcements of clou
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
- 7 Best First Jobs That Come With Retirement Benefits [Yahoo! Finance]Yahoo! Finance
- AUGMENTED WORLD EXPO UNVEILS XR HALL OF FAME, XR HISTORY MUSEUM [Yahoo! Finance]Yahoo! Finance
- XOM vs CVX: Which Energy Stock Shows Promise Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Global Bio Lubricant Market is set to increase at a valuation of US$ 2,674.6 million at a CAGR of 4.7% by 2034 | Fact MR. Reports [Yahoo! Finance]Yahoo! Finance
- Oil And Gas Mergers Hit Record Q1 Levels In 2024 [Forbes]Forbes
XOM
Earnings
- 2/2/24 - Miss
XOM
Sec Filings
- 4/22/24 - Form PX14A6G
- 4/18/24 - Form PX14A6G
- 4/11/24 - Form DEFA14A
- XOM's page on the SEC website