Exxon Mobil Corporation (NYSE:XOM) has been given a
Moderate Buy rating by analysts. The company's consortium reported a $10.4B profit from its operations in
Guyana in 2024, indicating a strong operating value. Recent results, such as its first quarter 2025 figures, have been revealed amidst a series of investments and share acquisitions. Significant is the
plan for $35 oil breakeven, which could potentially be a significant game changer. Partnerships have materialized, such as the deal with
SOCAR to explore onshore oil in
Azerbaijan. There were also notable shifts in share ownership among various investment firms. Exxon Mobil's
dividend stocks have been well received by investors, with the company being touted as one of the
best beginner stocks and most
profitable cheap stocks. Additionally, there is a growing sentiment that Exxon Mobil might be one of the best
energy stocks currently. Significant
leadership changes were also announced, including the retirement of Karen McKee and the appointment of Matt Crocker. Other developments include ExxonMobil's plan to expand oil production capacity by
partnering with the UAE and investing $1.5B in
Nigeria's offshore oilfields.
Exxon Mobil Corporation XOM News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Sat, 07 Jun 2025 18:50:10 GMT -
Rating +7
- Innovation +6
- Information +8
- Rumor -1
