Why the U.S. Oil Boom Hasn't Lowered Gas Prices (and Won't Anytime Soon) [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
The average price for a gallon of gas has jumped more than 30% in the past month, from $2.93/gallon to $3.88/gallon. But as politicians like to remind us, the U.S. is a net petroleum exporter. So why does it matter how much oil costs halfway around the world? Can't we just "drill, baby, drill," and tap into our abundant supply of homegrown crude oil? 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 » Sadly, it's not so simple. Here's why. Image source: Getty Images. Apples to apples Here's an easy math problem. If I eat five apples every day, but I can pick six sweet red apples each day from an apple tree in my yard (which, let's pretend, magically produces apples year-round), how many apples would be left uneaten every day? Exactly: one. In that scenario, I'd never have to worry about the price of apples
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XOM
News
- 2 of the Best Oil Stocks to Buy Now and Hold for Decades [Yahoo! Finance]Yahoo! Finance
- Exxon Mobil's Longtail FEED Deal Highlights Guyana Growth And Project Risks [Yahoo! Finance]Yahoo! Finance
- Saudi Arabia's Red Sea Export Route Is No Escape from Risk [Yahoo! Finance]Yahoo! Finance
- Why the Market Dipped But Exxon Mobil (XOM) Gained Today [Yahoo! Finance]Yahoo! Finance
- Cramer tells investors to ‘sit on your hands' as U.S.-Iran war continues to rattle stocks [CNBC]CNBC
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 3/23/26 - Form 424B2
- 3/17/26 - Form 4
- 3/10/26 - Form DEFA14A
- XOM's page on the SEC website