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Even Ford Can't Outrun Johnny Law
We’ve talked a lot about Ford Motor Co. (NYSE: F) here.
And everywhere I look recently, Ford has been doing something that surprises me.
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September 21, 2016
The Dow Jones Industrial Average today rallied after the Fed announced no rate hike for September.
September 8, 2016
The Dow Jones Industrial Average today fell 46 points after traders reacted negatively to an ECB rate announcement.
The central bank said it will leave its interest rates unchanged.
August 25, 2016
Saudi Aramco is the world's biggest and most valuable company.
But the state-owned energy giant wasn't always the behemoth it is today.
June 10, 2016
The Saudi Aramco IPO is being called a once-in-a-generation stock offering.
That's because the deal is set to be the biggest IPO in history.
April 28, 2016
The Exxon Mobil stock price has been one of the best-performing Big Oil stocks of 2016.
With XOM stock up nearly 13% this year, shareholders hope for more gains after the firm reports Q1 earnings tomorrow.
April 4, 2016
Exxon Mobil Corp. (NYSE: XOM) is being questioned by the SEC over climate change issues, and 19 state attorneys have also formed a coalition to find out if the gas giant misled the public about climate change. Despite the investigation, the XOM stock price is up 7.25% in 2016.
March 18, 2016
On Feb. 29, Exxon Mobil Corp. (NYSE: XOM) raised $12 billion by selling bonds. Selling bonds usually indicates a company needs to pay for capital spending, share buybacks, or debt refinancing. Despite the volatility of oil prices, XOM is still up 7.59% in 2016.
March 11, 2016
Recently, Zacks Investment Research downgraded its rating of Exxon Mobil Corp. (NYSE: XOM). Zacks listed XOM as a "Strong Sell." Despite the recommendation, XOM is up 5.43% so far in 2016.
March 4, 2016
Exxon Mobile Corp. (NYSE: XOM) was granted a license in Ireland to explore oil and gas opportunities. Although oil prices have been extremely volatile, XOM is performing well considering current market conditions. It's up 5.71% so far in 2016.
February 26, 2016
Moody's has now downgraded its rating on Exxon Mobil Corp. (NYSE: XOM) from stable to negative. Volatile oil prices and expectations of negative free cash flow are all reasons Moody's changed its rating. XOM stock is down 8.75% in the last 12 months.
February 19, 2016
Despite volatile oil prices and a global sell-off in stock markets, Exxon Mobil Corp. (NYSE: XOM) stock is up close to 6% in 2016. And while the XOM stock price is climbing, Exxon also offers a dividend yield of 3.54%.
February 12, 2016
According to an SEC filing, insider James M. Spellings Jr. sold 11,924 shares of Exxon Mobil Corp. (NYSE: XOM) on Feb. 5. The value of the stock was believed to be $940,803. Spellings Jr. still owns 186,750 shares.
February 8, 2016
According to USA Today, Exxon Mobil Corp. (NYSE: XOM) nearly lost its perfect AAA credit rating. The oil giant's credit was put on CreditWatch with negative implications by Standard & Poor's, as volatile oil prices make companies in the sector less secure. But despite the volatility and overall bearish market sentiment, XOM is up 2.41% […]
January 29, 2016
Exxon Mobil Corp. (NYSE: XOM) will be accepting Apple Pay at its locations within the next several months. Apple Inc. (Nasdaq: AAPL) CEO Tim Cook made the announcement during Apple's most recent earnings report. Although this has been a volatile market, especially for oil, the XOM stock price is only down 1.22% in 2016.
January 8, 2016
The most valuable – and secretive – company in the world is considering going public.
According to The Economist, a Saudi Aramco IPO is being considered by the Saudi Arabian government.
November 6, 2015
Exxon Mobil Corp. (NYSE: XOM) is being probed by the New York attorney general for allegedly shielding the risks of climate change from its investors. The Exxon Mobil stock price is down 1.53% today to $83.49.
Over the past decade, Exxon has published research consistent with mainstream beliefs about climate change. Yet, investigators believe there might be inconsistency between Exxon's research and its statements to investors.
August 7, 2015
The Dow Jones Industrial Average this week fell 1.5%, and with this slight dip in the broader markets, our 2015 top stock picks also took a hit.
But one company had a great week. Alon USA Energy Inc. (NYSE: ALJ) stock was up 12.8% amid this broader market sell-off.
May 27, 2015
If you still doubt that geopolitical heat can rattle the oil sector, then we strongly advise you to carefully watch the events that are about to play out.
Because matters are getting worse: U.S. Secretary of Defense Ashton Carter called out the Iraqi military – during a high-profile TV interview no less – claiming it lacks the will to fight.
May 12, 2015
5/11/2015: Oil prices fell this afternoon on concerns over the Chinese economy. WTI crude, priced in New York City, slipped 0.2% to hit $59.25 per barrel. Brent oil, priced in London, slipped 0.7% this morning to hit $64.91 per barrel. Shares of Exxon Mobil Corp. (NYSE: XOM) fell 2.48%, Chevron Corp. (NYSE: CVX) shed 1.19%, and ConocoPhillips (NYSE: COP) slipped 2.81% today.
May 5, 2015
Exxon Mobil Corp. (NYSE: XOM) released its Q1 report April 30. The oil giant saw a 46% earnings loss as low oil prices continue to eat into energy companies' profits. XOM stock also took a beating last quarter. It tumbled 8.1% between Jan. 1 and March 31. Shares have fallen 13.9% since oil prices started […]
April 30, 2015
4/30/15: Shares of Exxon Mobil Corp. (NYSE: XOM) were flat this morning despite news the multinational energy giant posted a 46% drop in first-quarter profit. The report, however, beat expectations. Exxon said its bottom line figures were still hurt by the sharp drop in oil prices.
March 24, 2015
An analyst report from Goldman Sachs Group Inc. (NYSE: GS) released Monday, March 9, 2015, gave Exxon Mobil Corp. (NYSE: XOM) a "Buy" rating. Goldman believes XOM's refining earnings will improve in 2015 and 2016 from its 2014 level. The firm also noted XOM has plenty of "M&A firepower to fund acquisitions." Also appealing to […]
March 13, 2015
Exxon Mobil Corp.’s (NYSE: XOM) most recent earnings report was its worst since 2010. The company saw a 21% decline in Q4 revenues and profits. It earned $6.57 billion on revenue of $87.28 billion. That’s a big drop from $8.35 billion in profits on revenue of $110.86 billion earned a year ago. Exxon isn’t alone. […]
March 11, 2015
The Exxon Mobil stock price (NYSE: XOM) hit a 52-week low of $84.03 intraday Wednesday. Shares of the oil and gas giant are sitting at their lowest level in 17 months.
The Irving, Texas-headquartered company has certainly taken it on the chin over the last several months. Indeed, a laundry list of issues plague the stock.
January 8, 2015
With cheap crude oil prices, investors are pondering which stocks to buy when oil is low.
Money Morning Technical Trading Strategist D.R. Barton told viewers of FOX Business' "Varney & Co." today (Thursday) he isn't crazy about oil given the recent slide. But he's also aware that investment prospectuses and investors looking to diversify will still be drawn to the sector.