Exxon Mobil transformed under CEO Darren Woods starting in 2018, focusing on cost cuts and advantaged assets. Despite a pandemic-driven slump and removal from the Dow in 2020, Exxon surged with record profits in 2022 due to rising oil prices and strategic acquisitions like Pioneer Natural Resources in 2024. By 2025, production hit a record 4.7 million barrels per day, with advantaged assets making up 59% of output. While Exxon underperformed the S&P 500 over 10 years, recent years show strong returns and dividend growth, making it attractive if oil prices remain high and cost savings continue.
ExxonMobil's shares have risen over 38% this year due to record production, a long dividend growth streak, and strong free cash flow. However, a valuation model gives the stock a sell rating, suggesting the current price may be too high relative to e...
The U.S. Supreme Court is considering whether a climate change lawsuit by Boulder County against Exxon and Suncor can proceed in state court, with potential nationwide impact. Meanwhile, Mattel faces activist investor pressure to explore strategic op...
The US Supreme Court began its new term by hearing ExxonMobil and Suncor Energy's appeal to stop a Colorado lawsuit seeking damages for climate change harms. Boulder accuses the companies of violating state law by contributing to global greenhouse ga...
Despite claims by a fund manager that energy stocks lag the broader market, Chevron and ExxonMobil have outperformed the S&P 500 over the past year, gaining roughly 33-34% compared to the S&P 500's 13%. Both companies trade at about 15 times next yea...
ExxonMobil is expected to announce its 45th consecutive year of dividend growth in October, with a predicted increase between 4.4% and 5.8%. This dividend boost is driven by the company's strong financial recovery, including a 26% rise in GAAP earnin...
