Enterprise Products Partners is forming a joint venture with ExxonMobil to own and expand the Bahia pipeline. The project will support Exxon's growth in the Permian Basin.
Exxon Mobil is downgraded from 'strong buy' to 'buy' as recent trading has been flat, but dividend stability remains attractive. XOM's Q3 2025 earnings beat expectations, with record production in Guyana and the Permian Basin driving strong profitability and cash flow. Despite a fair valuation and lower yield versus peers, XOM's durable payout ratio and income stability make it preferable for p...
Exxon Mobil (XOM) is a global energy leader with dominant upstream operations, diversified assets, and a $528.5B enterprise value. XOM's growth outlook is driven by rising production, LNG expansion, cost efficiencies, and a robust share buyback program through 2026. Downstream and specialty divisions provide countercyclical stability, while upstream profits are anchored by the Permian Basin and...
U.S. oil major Exxon Mobil has joined rival Chevron Corp in considering options to buy parts of sanctioned Russian oil major Lukoil's international assets, sources familiar with the matter said.
Exxon Mobil announced Tuesday that its Fife ethylene plant (FEP) in Scotland will shut down in February 2026, citing a combination of high supply costs, weak market conditions, and the challenging UK economic and policy environment as reasons for the closure.
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