Why ExxonMobil Stock Rose as Much as 5% Today [The Motley Fool]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: The Motley Fool
Reuben Gregg Brewer(TMFReubenGBrewer)Author BioReuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls.What happenedShares of globally diversifiedenergy giantExxonMobilNYSE:XOMSo whatOil has benefited from a couple of news items lately, including a larger-than-expected drawdown of oil inventories and a major storm in the Gulf of Mexico region that will result in curtailed production. That's helped to push the price of the key energy source higher today and investors bid up the price of Exxon along with it. This makes sense given that oil prices have a major impact on Exxon's top and bottom lines. But there's more to the story here.Image source: Getty Images.Exxon has embarked on a major drilling programdividend-focused investorsNow whatThe energy sector is volatile, particularly right now with weak oil prices andCOVID-9
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XOM
News
- Guyana Takes Exxon to Court Over Misstated Value of Equipment [Yahoo! Finance]Yahoo! Finance
- Guyana Takes Exxon to Court Over Misstated Value of Equipment [BNN Bloomberg (Canada)]BNN Bloomberg
- DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.' [Yahoo! Finance]Yahoo! Finance
- ExxonMobil Completes Acquisition of Pioneer Natural ResourcesBusiness Wire
- UPDATE 2-Chevron works to resume full production at Gorgon LNG after turbine fault [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 4/26/24 - Miss
XOM
Sec Filings
- 5/3/24 - Form S-8
- 5/3/24 - Form PX14A6G
- 5/3/24 - Form 8-K
- XOM's page on the SEC website