ExxonMobil Stock News

ExxonMobil is set to discontinue operations at the older of its two steam crackers on Singapore's Jurong Island starting in March, according to a Reuters report on Thursday.  This move aligns with a broader trend in the global petrochemicals sector to cut capacity in response to industry losses.

ExxonMobil plans to wind down operations at the older of its two steam crackers on Singapore's Jurong Island from March, four sources familiar with the matter said, part of a global petrochemicals sector trend to reduce capacity amid industry losses.

Vanguard High Dividend Yield ETF owns the highest-yielding 50% of all dividend-paying U.S. stocks. Integrated energy giant ExxonMobil makes the list, as does its slightly smaller peer, Chevron.

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters.

Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters.

Oil stocks are in focus this week, as crude prices wrangle with a slew of geopolitical developments.

The S&P 500 has staged an impressive rebound, but is in for more swings.

Exxon Mobil remains a 'Strong Buy,' supported by robust fundamentals and strategic assets despite macroeconomic volatility and weak oil prices. XOM's diversified operations, especially its Guyana presence and natural gas growth, help offset revenue challenges and position it for long-term expansion. Valuation models indicate the company is undervalued, with a target price above $130, while tech...