War-Driven Production Disruptions Will Hit Big Oil Giants ExxonMobil and Shell in the First Quarter. Are They Still Worth Buying? [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
That surge in crude prices positions oil companies to reap a profit gusher in the first quarter. However, not all oil stocks captured the full benefit of higher prices during the quarter. Oil giants ExxonMobil (NYSE: XOM) and Shell (NYSE: SHEL) both experienced disruptions to some of their operations due to the war in the Middle East, which will impact their production during the quarter. 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. Experiencing a meaningful disruption Israel and the U.S. launched military attacks against Iran last quarter. Iran retaliated by attacking ships in the Persian Gulf ( effectively closing the Strait of Hormuz ) and energy infrastructure in the Persian Gulf, including damaging facilities in Qatar . These attacks against the energy industry are havin
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XOM
News
- Exxon Mobil (XOM) had its price target lowered by TD Cowen from $175.00 to $172.00. They now have a "buy" rating on the stock.MarketBeat
- Massachusetts Governor Uses Donut Holes To Explain The State Energy Crisis She Caused [zero hedge]zero hedge
- Exxon Mobil (XOM) had its price target raised by JPMorgan Chase & Co. from $140.00 to $170.00. They now have an "overweight" rating on the stock.MarketBeat
- The Best Reason to Buy ExxonMobil Right Now Isn't High Oil Prices [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- The Best Reason to Buy ExxonMobil Right Now Isn't High Oil Prices [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 4/9/26 - Form DEFA14A
- 4/8/26 - Form DEFA14A
- 4/8/26 - Form DEFA14A
- XOM's page on the SEC website