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Exxon stock is down 3.2% in response, followed by BP at a 3.5% decline, with Conoco bringing up the rear with a 3.7% loss. What's ailing oil stocks today?
Exxon Mobil Corporation (NYSE:XOM) shares are trading higher today. The oil giant anticipates changes in oil prices to reduce third-quarter upstream earnings Q/Q by $(1.0) billion to $(0.6) billion.
Priced at 14.8 times trailing earnings, ExxonMobil stock is the most expensive of the three. ... Conoco pays 2.8%, and Exxon is in the middle with a 3.1% yield. By my read, therefore, Shell edges ...
The dividend yield, meanwhile, is a solid 3.3%, which is well above the S&P 500 Index's 1.2% and a hair higher than the 3.2% on offer from the average energy stock, using Energy Select Sector SPDR ...
Although the oil and gas stock typically mirrors movements in crude oil prices, there's another reason why ExxonMobil was falling today. Oil price volatility is hurting investor sentiment.
Exxon Mobil (NYSE:XOM) stock is fast approaching all-time highs as oil prices seem to rise on a daily basis. Calls for oil going to $200 or even $300 per barrel abound. Of course, the same fears ...
Investing.com - Stocks in focus in premarket trading on Tuesday: For premium support please call: 800-290-4726 more ways to reach us
By Geoffrey Smith. For premium support please call: 800-290-4726 more ways to reach us