Exxon Mobil Corporation (XOM) has been in the limelight of both investors and investment firms alike, with significant transactions being noticed. Several investment groups such as
Davidson Trust Co. and
Wilmington Savings Fund Society FSB have sold their shares, whereas others like
Triton Wealth Management PLLC and
IFC Advisors LLC have acquired additional shares. The company's strengthened position is further solidified by
Wells Fargo & Company's rating upgrade to \"Strong-Buy\". In a significant partnership, the company has joined hands with
Russiaβs Rosneft to recoup $4.6 billion. The company also announced plans to cut 10% of its Singaporean personnel by the end of 2027 and released quarter results for both the first and third quarter of 2025. Additionally, shares of the firm were bought in high numbers by entities like
Pzena Investment Management LLC and
Concord Asset Management LLC VA, but others like
Arlington Financial Advisors LLC and
Courier Capital LLC decreased their stake. Amid a rollercoaster ride in the stock market, provoked by oil crashes and significant news, the company continues to make headlines as
upstream profit engine and its future is speculated to be undervalued.
Exxon Mobil Corporation XOM News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 18 Oct 2025 19:24:25 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -3