With activists and lawyers taking Exxon Mobile to court for billions of dollars, XOM shareholders are wondering if they should bail. After all, Exxon stock is down 15% from its peak.
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The Exxon Mobil Corp. earnings report comes out tomorrow.
Analysts expect Exxon stock to fall after the oil titan reports what could be its worst earnings report since 2009.
Exxon Mobil Corp. will report its fourth-quarter earnings on Tuesday, Feb. 2.
Investors want to know how Exxon stock will react to what's likely to be its worst earnings report of the decade.
Although Exxon Mobil stock is the most actively traded oil stock, it isn't a strong pick for everyone.
That's because the firm has been hurt by low oil prices just like every other oil company.
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.
The Exxon stock price moved slightly higher today after the company decided to delay repairs of its main west coast refinery.
The plant provides one-fifth of southern California's gasoline but has operated at less than 20% capacity since the explosion.
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.
Exxon Mobil Corp. (NYSE: XOM) released its Q1 report yesterday (Thursday).
The oil giant saw a 46% earnings loss as low oil prices continue to eat into energy companies' profits. But the stock has perks that other energy companies don't.
Good morning! U.S. stock futures for Thursday, April 30, forecasted a 25-point decline from Wednesday's close. The markets are reacting to shifts in the U.S. dollar and to the Federal Reserve's statements that it will raise interest rates on a meeting-by-meeting basis.
Exxon Mobil Corp. dominates the world of Big Oil in terms of market cap and brand recognition.
The $364 billion company is widely embraced by income investors thanks mostly to the healthy XOM dividend.
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.
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.
The stock market today is moving on news from some major earnings reports from GRPN, LNKD, GPRO, SBUX, CVX, and XOM.
Third-quarter earnings overall have been better than expected.
With some 244 companies reporting, the S&P 500 Index is on pace to post earnings growth of 6%. That's up from growth projections of 5.6% at the start of the week.
Hot stocks to watch today based on earnings focus on energy and consumer products.
The U.S. stock market bounced back from a morning downswing to end the day flat, while investors remained cool about European Central Bank President Mario Draghi's intentions to define a specific stimulus program to help stave off recession in the Eurozone.
U.S. crude oil prices rebounded this afternoon after falling to as low as $88.18, the lowest price in nearly 18 months.