ExxonMobil Stock News

When ExxonMobil and Chevron, America's largest domestic oil and gas companies, rolled out their second quarter 2025 earnings reports last week, which combined portray a thriving U.S. energy sector even amid a challenging commodity price picture. Chevron CEO Mike Wirth may have said it best during an August 1 appearance on CNBC when he told host Jim Cramer, “we're positioned to thrive in all pri...

Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas, two senior government officials told Reuters.

ExxonMobil is executing well on its transformation, ramping up advantaged upstream production and expanding high-margin downstream projects to boost earnings. The company's Permian Basin and Guyana assets are driving significant low-cost production growth, targeting $30/barrel breakeven and robust future profits. Strong financials support high shareholder returns, with a nearly 4% dividend, agg...

Libya's National Oil Corporation said on Monday it signed a memorandum of understanding with U.S. oil giant ExxonMobil after a decade of activity halt in the North African country due to security reasons.

ExxonMobil (XOM -2.05%), an integrated oil and gas company active in exploration, production, refining, chemicals, and lower-carbon solutions, released its second-quarter 2025 earnings on August 1, 2025. The most important news: While the company reported GAAP earnings per share of $1.64, exceeding analyst expectations of $1.57, Both GAAP earnings and revenue declined year over year.

Exxon Mobil delivered strong Q2 results, showcasing industry-leading balance sheet strength, robust cash flow, and significant shareholder returns. The company's technological edge in Guyana and the Permian, plus Product Solutions, drives high-quality growth and operational outperformance versus peers. Exxon's low-carbon initiatives are promising but remain early-stage and uncertain as major pr...

ExxonMobil (XOM -1.96%) is in a class of its own. The oil company recently reported its second-quarter financial results, which led the sector across most key categories.

Exxon Mobil aims to grow earnings by $20B and cash flow by $30B by 2030, excluding M&A, under flat commodity prices. The Guyana joint venture is a key driver, with FPSO expansions targeting 1.7 million barrels/day by 2030. Exxon Mobil's focus on advantaged products and cost-cutting has cushioned earnings.