XOM240705P117000
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Exxon Mobil Newsroom
The Investment Guide for the 2024 USA Election is here! The best deployment time has come. Which US stocks are worth paying attention to?
Bank of America stated that the average monthly ROI of the S&P 500 index in the fourth year of a presidential cycle shows mediocre performance from January to May, a summer rebound from June to August, a fall before the election in September to October, and a post-election rebound in November and December.
The three-person arbitration team for Exxon-Hess is about to be established, and the key obstacle to Chevron's acquisition of Hess has been eliminated.
According to reports, the final members of the three-person arbitration panel for ExxonMobil-Hess have been selected, which will clear a key obstacle for the long-delayed merger process between Chevron and Hess (HES.US).
Chevron-Hess acquisition arbitration panel is about to be established, which is expected to advance the progress of the trade.
July 3 GLH | Two informed sources said that the final members of the three-person arbitration panel have been selected. The panel aims to resolve ExxonMobil's claim for Chevron's $53 billion acquisition of Hess Corporation. The establishment of the committee will be a milestone in a long-delayed process, which brings uncertainty to Chevron and Hess' large-scale merger to be completed in the first half of 2024. Sources said that more information about the (procedure) timetable is expected to be known in the coming weeks. In March of this year, ExxonMobil filed an arbitration request with the International Chamber of Commerce (ICC), claiming superior ownership of Hess's assets in Guyana.
Exxon-Hess Arbitration Panel Nears Formation - Reuters
Sector Update: Energy Stocks Decline Tuesday Afternoon
Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.6%. The Philadelphia Oil Service Sector index was post
Analysts Expect 30 Billion-Cubic-Foot Rise in U.S. Natural Gas Inventories
Natural gas inventories likely rose at a slower-than-usual pace last week as hot weather in large parts of the U.S. drove a double-digit increase in power-sector demand, shrinking the U.S. surplus of the fuel.
Sector Update: Energy
Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.6%. The Philadelphia Oil Service Sector index was post
Oil Market Turns to the Upside – TDS
Oil market upside is being driven by Commodity Trading Advisors (CTA) flows yet again, TD Securities Senior Commodity Strategist Ryan McKay notes.
Exxon and Chevron Are Among the Safest Dividend Stocks. Check These Out, Too. -- Barrons.com
By Adam Clark Investing in dividend stocks can be as much about safety as it is about income. A generous dividend yield might look attractive but it needs to be sustainable. That means investors mig
Exxon, Shell Interested in Galp's Namibia Oil Prospect, Reuters Reports
Exxon Mobil (XOM) and Shell (SHEL) are among the more than 12 oil companies that have expressed interest in buying a 40% in Gal Energia's oil discovery off the coast of Namibia, Reuters reported Tuesd
Hurricane Belial has been upgraded to a category five, which US stocks will be affected?
According to the National Hurricane Center of the USA, Hurricane Belial has strengthened to a category 5 hurricane and is expected to approach major hurricane strength as it enters the central Caribbean and passes near Jamaica on Wednesday and the Cayman Islands on Thursday.
Stocks to Watch as Category 5 Hurricane Beryl Heads to Jamaica
Beryl has strengthened into a category 5 hurricane, and is expected to be near major hurricane intensity as it moves into the central Caribbean and passes near Jamaica on Wednesday and the Cayman Islands on Thursday, according to the U.S. NHC.
Express News | Several Companies Have Placed Non-Biding Offers for the 40% Stake in Galp's Mopane Discovery, Sources Say
Express News | Over 12 Companies, Including Brazil's Petrobras and Top Western Oil Firms Show Interest in Galp's Offer to Sell Stake in Namibia Oil Discovery, Sources Say
TD Cowen Maintains Exxon Mobil(XOM.US) With Buy Rating, Maintains Target Price $135
TD Cowen analyst Jason Gabelman maintains $Exxon Mobil(XOM.US)$ with a buy rating, and maintains the target price at $135.According to TipRanks data, the analyst has a success rate of 56.0% and a tota
Exxon Mobil's Strategic Growth and Positive Financial Outlook Reinforce Buy Rating
Don't ignore the situation in the Middle East! Analysts warn that oil prices may break through the $90 mark.
Dao Ming Securities pointed out that the tension in the Middle East "has been proven to be the main driving force behind the recent rise in oil prices", but…
Express News | Exxon Mobil: French strikes are complicating refinery operations.
Exxon Says Strike Disrupts Operations at Its French Oil Refinery
Exxon Mobil Corp. said its Gravenchon oil refinery in northern France, which has been blockaded by protesters in recent days, is operating normally.
Exxon Mobil Hits 4-week High