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.
If you retire before age 62, Social Security won't pay benefits until then, leaving a gap in income. Three ETFs—SPYI, DGRW, and HDV—offer monthly or quarterly dividends to generate income during this period. SPYI provides high monthly yields through ...
Venezuela is considering leaving OPEC, which could weaken the cartel's influence and open its vast oil reserves to U.S. companies. Chevron is well-positioned with existing operations and recent stake increases in Venezuelan oil ventures, giving it a ...
Enterprise Products Partners (EPD) has proven to be a stronger choice than Exxon Mobil (XOM) for retirees seeking durable and growing income. While both companies are energy blue chips paying dividends, EPD maintained and increased its dividend durin...
Oil shipments through the Strait of Hormuz are below pre-war levels due to Iranian control claims and regional tensions. While Iran asserts tight control, the US Navy escorts some shipments, keeping flow significant. Recent talks between Iran and Oma...
ExxonMobil is considered better positioned than Enbridge due to heightened oil price volatility caused by geopolitical tensions, especially disruptions in the Strait of Hormuz. The combination of these disruptions and ongoing structural supply-demand...
