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Despite near-term challenges, Exxon Mobil trades at a discount to fair value. Click here to read an analysis of XOM stock now.
This was the stock's third consecutive day of gains.
Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni, the U.S. oil producer said on Wednesday, representing Exxon's first signed customer agreement for its planned hydrogen facility in Baytown,
Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be difficult. BP has struggled in recent years. The British oil giant has undergone two significant strategy shifts.
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
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Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings.
Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud with each other.
Exxon Mobil Corp. signed a long-term agreement to sell low-carbon ammonia to Marubeni Corp., a crucial step in getting its hydrogen project in Baytown, Texas, off the ground.
The purported sign has been circulating on the internet since at least 2018, created with a now-defunct gas station sign generator.