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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. ... this seems a weak catalyst to do so much damage to oil prices today ...
Worse news for investors, about half of that decline arrived today, with WTI prices dropping 4.5%. The price of Brent crude, the international standard, is off about 4.1% today, and sits at just ...
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
Assuming Exxon can deliver on its promises, today's valuation of roughly 14 times both earnings and FCF looks right on the money to me, for a stock growing at 10% and paying a nearly 4% dividend ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
ExxonMobil (NYSE: XOM) has been a surprising stock market winner this year. Despite sluggish energy prices and the broader sector taking a back seat to the excitement in high-growth technology ...
ExxonMobil delivered industry-leading results and shareholder returns in the third quarter.
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.