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 gas emissions and misleading the public about fossil fuel risks. The oil firms argue that federal law, not state law, governs such claims and that allowing Boulder’s suit could give states excessive power over global conduct. The court's ruling, expected by June, could affect nearly 60 similar lawsuits nationwide.
Exxon Mobil Corporation (XOM) trades at USD 163.93 with a slight 0.05% drop as of Oct 05, 2026 22:32 WIB on Pluang. Suncor Energy (SU) is priced at USD 69.31, down 0.36% in the same period. Both energy stocks show modest declines while the Supreme Court considers the climate lawsuit appeal.
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...
ExxonMobil is expected to see a significant profit increase in Q3 due to rising crude oil prices and ongoing geopolitical tensions in the Strait of Hormuz. The company’s free cash flow could reach around $20 billion, supported by positive earnings re...
Four major oil companies—Exxon Mobil, Chevron, BP, and Occidental Petroleum—pay dividends, but their ability to maintain payouts varies with crude oil prices. Exxon and Chevron have the strongest balance sheets, covering dividends with free cash flow...
Marathon Petroleum and Valero Energy shares rose 5% and 4% respectively, driven by expanding refining margins as fuel prices pull away from crude costs. In contrast, Exxon Mobil's stock stayed nearly flat due to its integrated model balancing crude p...
