Despite Delays, ExxonMobil Timed This LNG Project Perfectly. Is It Time to Buy the Top Energy Stock? [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
While it has faced delays over the year, the companies couldn't have completed the project at a more opportune time. The war with Iran has caused a significant disruption to the global LNG market. Here's a look at the current state of the global LNG market and whether now's a good time to invest in ExxonMobil Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. The global LNG supply crunch ExxonMobil and QatarEnergy began construction of Golden Pass LNG in 2019. While delays pushed the project's completion date back, the partners have finally finished the first LNG train. It will have a capacity of 6 million metric tons per annum (MTPA). Once fully operational next year, Golden Pass will produce 18 MTPA. Exxon has a 30% interest in the facility (QatarEnergy owns the other 70%). The
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News
- Exxon Mobil: How Things Have Changed [Seeking Alpha]Seeking Alpha
- U.S. oil has its biggest one-day price increase in six years, driving up the cost of gas [MSNBC.com]MSNBC.com
- Where Will Chevron (CVX) Stock Be in 3 Years? [Yahoo! Finance]Yahoo! Finance
- The Market Is Choppy. Here Are 5 Sectors Holding Up Better Than the Rest. [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Exxon Mobil (XOM) had its price target raised by Citigroup Inc. from $150.00 to $175.00. They now have a "neutral" rating on the stock.MarketBeat
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 3/31/26 - Form 8-K
- 3/27/26 - Form 424B2
- 3/26/26 - Form SCHEDULE
- XOM's page on the SEC website