Your email has been successfully added to our mailing list.

×
-0.000447427293064947 -0.00469798657718123 0.00290827740492176 0.0091722595078299 0.0123042505592841 0.00346756152125282 0.00290827740492176 0.0312080536912751
Stock impact report

U.S. Oil Companies Begin Slashing Production as OPEC Decision Nears [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
Demand for oil has cratered because of the COVID-9 outbreak. That's causing crude topile up in storage terminals around the world. Those facilities are quickly filling to the brim, which is causing concern that the industry will soon run out of space to store oil. That's leading pipeline companies and refineries in the U.S. to urge their oil-producing customers to reduce their output.Continental Resources(NYSE:CLRImage source: Getty Images.Turning off the pumpsContinental Resources Executive Chairman Harold Hamm stated his belief this week that U.S. producers would voluntarily reduce their output by 0% to % in the near term. However, he said that those reductions wouldn't be part of a coordinated supply cut with Saudi Arabia and Russia. Instead, they will come out of necessity because America's oil infrastructure can't handle the volumes because of cratering oil demand amid the COVID-9 outbreak. Hamm, for example, noted that a refinery in Oklahoma that processes some of Continental's 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
Opt-in for XOM alerts
Opt-in for
XOM alerts

from News Quantified
Opt-in for
XOM alerts

from News Quantified