The
Exxon Mobil Corporation (NYSE:XOM) has attracted significant investment with firms such as Trek Financial LLC, CORDA Investment Management, Financial Gravity Asset Management Inc, Narus Financial Partners LLC, and Highview Capital Management LLC acquiring shares. The stake held by several other firms including Telos Capital Management Inc, State of Michigan Retirement System, and Ninety One UK Ltd has also increased. Exxon Mobil continues to navigate
market volatility and maintain dividends. It is reportedly about to grow production by around 50% in Guyana. Amidst this positive growth, Exxon Mobil prepares investors for a potential
$1.5bn profit hit and has reportedly halted Mars crude purchases due to zinc contamination. The corporation has found a natural gas reservoir offshore Cyprus and upholds growth in the Permian. Despite these challenges, many remain bullish about the company's resilience and increased profitability. Exxon Mobil is also actively engaged in the
energy transition and carbon storage. It still has a favorable outlook with the new
stock price target set at $134.00.
Exxon Mobil Corporation XOM News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 12 Jul 2025 20:04:03 GMT -
Rating 7
- Innovation 2
- Information 6
- Rumor 3
