XOM Exxon MobilWatchlist
About Exxon Mobil Company
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products. The Chemical segment offers petrochemicals. The company was founded by John D. Rockefeller in 1882 and is headquartered in Spring, TX.
Top 20 US stock turnover on September 25: J.P. Morgan Chase expects oil to reach 150 US dollars/barrel. The supercycle makes oil companies' prospects optimistic
On Monday, Tesla, which ranked number one in US stock turnover, closed 0.86% higher and traded 25.38 billion US dollars. Barclays recently maintained an even rating for Tesla and set its 12-month target price at $260. Analysts expect Tesla to deliver 455,000 vehicles in the third quarter, lower than the market's general forecast of 463,000 vehicles and the previously announced 483,000 vehicles. This forecast also means a decline compared to 466,000 vehicles delivered in the second quarter of 2023. Nvidia, in second place, closed 1.47% higher, with a transaction of US$17.335 billion. Brokerage firm Bernstein (Bernstein)
Exxon Mobil's Strategic Shift Pays Off: Morgan Stanley Highlights Potential In Biofuels And Integrated Portfolio
Morgan Stanley analyst Devin McDermott reiterated an Overweight rating on the shares of Exxon Mobil Corp (NYSE:XOM) and raised the price target from $124 to $131. Through the first half of 2023, about
Continental Resources CEO Says Oil 'Absolutely' Headed to $100
Continental Resources CEO Doug Lawler says the price of crude oil will "absolutely" rise to $100 a barrel. "I think we're going to continue to see volatility in the $80 to $100 oil price environment right now. But I think the higher price is a reality that we're going to have to deal with," he says on "Bloomberg Markets: European Close."
Both contracts fell last week after a hawkish Federal Reserve stance raised concerns of a hit to economic activity and thus oil demand in the largest consumer in the world.
However, prices remain near their highest levels since November last year on forecasts of a wide crude supply deficit in the four...
ColumnsStocks & ETFs to watch for end of Qtr + 5 stocks that were upgraded including Volkswagen and Micron
- This September, global markets have seen their biggest monthly pullback since December 2022, with the US benchmark index, the S&P500 down 4.2%, the Nasdaq 100 shed 5.2%, and Australia's benchmark index, the ASX200 is 3.6% lower (month to date). Stocks such as global chip maker giant, Nvidia are down 16%, Australia' s second biggest lithium company Allkem is down 17%...