President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation's largest energy company is doubtful he can make good on that promise.
Top U.S. oil producer Exxon Mobil Corp has agreed to sell conventional oil drilling assets in the Permian Basin of Texas and New Mexico to privately-owned Hilcorp Energy for around $1 billion, four sources familiar with the matter told Reuters.
The U.S. should continue to influence global climate change policy under a second Trump administration, Exxon CEO Darren Woods said. President-elect Donald Trump withdrew the U.S. from the Paris climate agreement in 2017 and is expected to do so again in his second term
After a 24% rise since the beginning of 2024, at the current price of around $121 per share, we believe Exxon Mobil (NYSE: XOM), a leading explorer, producer, transporter, and seller of crude oil and natural gas - and North America's largest energy company by market cap - could see gains in the longer term with limited growth potential in the near term. XOM stock has increased from around $99 t...
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.