Rex Tillerson Will Get $182 Million To Leave Exxon & Work With Trump

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From Tyler Durden: Ahead of his confirmation as Donald Trump's proposed secretary of state, Exxon Mobil and the company's former chairman and CEO Rex Tillerson, have agreed to sever all ties to comply with conflict-of-interest requirements.
NYSE:XOM January 4, 2017 7:30am

Is Rex Tillerson A Russian Spy, Or Just A Great Diplomat?

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From OilPrice.com: The news that Rex Tillerson, Exxon’s CEO, is Donald Trump’s official pick for the Secretary of State chair has sparked an outrage among Democratic and Republican legislators alike, both sides worried that his appointment would further warm relations between the U.S. and Russia.
NYSE:XOM December 14, 2016 10:37am

The Technical Reasons Behind Exxon’s Bullish Breakout

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From Corey Rosenbloom: Like Disney (NYSE:DIS) last week, Exxon Mobil Corporation (NYSE:XOM) recently broke resistance, triggering a powerful bullish breakout.
NYSE:XOM

Exxon Mobil’s Q3 Profit Beats, but Revenue Misses the Mark

exxon-mobil-xom-logoIntegrated oil giant Exxon Mobil Corporation (NYSE:XOM) this morning posted mixed third quarter earnings results, as historically low oil prices continued to weigh on its bottom line.
NYSE:XOM October 28, 2016 8:29am

Exxon Falls to World’s 6th-Most Valuable Company, Hurt by Cheap Oil and Tech Gains

exxon-mobil-xom-logoFrom Erwin Cifuentes: Tech companies Amazon and Facebook both surpassed Exxon Mobil to become the world’s fourth- and fifth-most valuable firm based on market capitalization at the close of trading on Monday.
NYSE:XOM August 2, 2016 7:13am

Exxon Mobil Corporation, Chevron Corporation, Phillips 66: Integrated Majors Up To Bat

crudeoilBob Ciura:  It’s been a disastrous past two years for the energy sector. With the price of oil falling from over $100 per barrel at the 2014 peak to the February low of $27 per barrel, Big Oil has taken a big beating. Revenue and earnings have fallen off a cliff, even for the best-of-breed companies.
NYSE:XLE May 5, 2016 3:29pm

Exxon Mobil Corporation (XOM) Slashes 2016 CapEx Forecast By 25%

investingTyler Durden:  And the CapEx hits just keep on coming.
ETF BASIC NEWS March 2, 2016 1:21pm

Exxon Mobil Corporation (XOM) Halts Stock Buybacks As Oil Production Surges

crudeoilTyler Durden:   It may not be quite as dramatic as halting a dividend for already profusely sweating investors, but when it comes to the impact on the stock price, buybacks traditionally pack far more punch. Or, as the case may be with what until not that long ago
ETF BASIC NEWS February 2, 2016 1:39pm

The Best Choices In Oil Stocks

crudeoilLawrence Meyers:   Crude oil prices are crumbling again. The black gold isn’t so shiny anymore, with prices falling to $37.69, and seven-year lows. This is wreaking havoc throughout the energy sector, particularly the companies struggling with high-interest debt.
NYSE:USO December 10, 2015 4:06pm

How The OPEC and Russia Meeting Will Help The Oil Market

oil etfsAlex McGuire: On Oct. 3, Russian Minister of Energy Alexander Novak announced his country is ready to meet with OPEC to discuss the crash in oil pricesReuters reports the OPEC and Russia meeting is set to occur at the end of October.
NYSE:USO October 20, 2015 12:53pm

Top Dow Dividend Stocks For Income Investors

dividends1Bob Ciura:  The stock market’s recent declines have been painful to watch for investors. But the good news is that for investors with some cash sitting on the sidelines, falling stock prices present new opportunities.
ETF BASIC NEWS September 16, 2015 12:47pm

Volatile Oil Prices: What Should Investors Do?

oil etfsLawrence Meyers:  By now you have figured out that oil prices are going crazy. What few investment professionals mention is that, besides always being beholden to supply and demand, commodities like oil will always be extremely volatile.
NYSE:OIH September 14, 2015 12:40pm

The Scariest Number For The Oil Industry: $550 Billion [Exxon Mobil Corporation, Chevron Corporation, BP plc (ADR), Total SA (ADR)]

oil etfsTyler Durden:  Just over half a trillion dollars: that's how much cash oil industry companies will need to repay in maturing debt over the next 5 years.
ETF BASIC NEWS August 28, 2015 11:10am

Exxon Mobil Corporation (XOM) Profits Sink, But It Could Have Been Worse

money and investingBob Ciura:  This is clearly a bad time to be in the oil business. The roughly 50% collapse in commodity prices, like oil and natural gas, over the past year has crushed profitability across the energy sector.
ETF BASIC NEWS August 4, 2015 12:19pm

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